Fluor Corporation Surges to 473rd in Trading Volume with $199 Million Turnover Despite Stock Price Dip

On May 2, 2025, Fluor Corporation (FLR) experienced a significant increase in trading volume, with a turnover of $199 million, marking a 41.9% rise from the previous day. This surge placed Fluor at the 473rd position in terms of trading volume for the day. However, despite the high trading volume, Fluor's stock price saw a slight decline of 0.03%.

Fluor Corporation reported a net loss of $241 million for the first quarter of 2025, a stark contrast to the net income of $59 million recorded in the same period last year. The loss per share was $1.42. Despite the loss, the company's revenue for the quarter was $4.0 billion, reflecting a 7% increase from the previous year. Fluor maintained its adjusted EBITDA guidance for 2025, indicating confidence in its financial outlook despite the quarterly loss.

Fluor's first-quarter earnings surpassed analysts' estimates, although revenues fell short of expectations. The company's strong performance in securing new projects, including a $671 million contract with TxDOT for the State Highway 6 project, underscores its strategic initiatives. Additionally, Fluor was selected as the EPCM partner for the Reko Diq project in Pakistan, further solidifying its position in the engineering and construction sector.

Analysts have shown mixed reactions to Fluor's performance. KeyBanc reduced its stock price target to $41 but maintained an Overweight rating. UBS, on the other hand, kept a Buy rating with a $57 target, while DA Davidson lowered its target to $50. These adjustments reflect the market's cautious optimism about Fluor's future prospects, balancing the company's strong project pipeline with the current economic uncertainties.