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Flowserve ( (FLS) ) has shared an update.
On March 16, 2026, Flowserve’s board elected Brian D. Savoy, Chief Financial Officer and Executive Vice President of Duke Energy, to its board of directors and appointed him to the Audit Committee and the Technology, Innovation and Risk Committee. His appointment followed a March 12, 2026 by-law amendment that increased the board size from ten to eleven directors.
Executives highlighted Savoy’s deep power-industry, nuclear and business-transformation experience as a strategic asset to sharpen Flowserve’s focus on growth in priority power and industrial markets. The move underscores Flowserve’s efforts to strengthen governance and operational expertise as it seeks to accelerate growth through the Flowserve Business System and capture opportunities across critical energy and infrastructure sectors.
The most recent analyst rating on (FLS) stock is a Buy with a $82.00 price target. To see the full list of analyst forecasts on Flowserve stock, see the FLS Stock Forecast page.
Spark’s Take on FLS Stock
According to Spark, TipRanks’ AI Analyst, FLS is a Outperform.
Overall score reflects improving financial performance (strong margin and ROE expansion) and a generally constructive earnings outlook (2026 EPS and margin expansion guidance with capital returns). The score is tempered by a stretched technical setup (overbought RSI/stochastic) and a relatively expensive valuation (P/E ~29.9 with ~1.0% yield), plus some near-term execution/timing risk in OE and backlog conversion.
To see Spark’s full report on FLS stock, click here.
More about Flowserve
Flowserve Corporation is a leading provider of fluid motion and control products and services for global infrastructure markets. Operating in more than 50 countries, the company manufactures engineered and industrial pumps, seals and valves, and offers a range of flow management services for power, energy, chemical and other industrial end markets.
The company focuses on expanding its presence in priority power segments, including nuclear, positioning its portfolio to support large-scale, capital-intensive infrastructure projects worldwide.
Average Trading Volume: 1,413,026
Technical Sentiment Signal: Buy
Current Market Cap: $9.45B
See more data about FLS stock on TipRanks’ Stock Analysis page.