MasTec, Inc. (MTZ) – What Are Brokerages Saying About This Stock?

Shares of MasTec, Inc. (NYSE:MTZ) have been given a consensus recommendation of “Moderate Buy” by the twenty-two ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and nineteen have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $365.10.

MTZ has been the topic of a number of recent research reports. The Goldman Sachs Group restated a “buy” rating and issued a $274.00 price objective on shares of MasTec in a research note on Thursday, October 22nd. UBS Group decreased their target price on shares of MasTec from $453.00 to $410.00 and set a “buy” rating for the company in a research note on Tuesday, August 4th. JPMorgan Chase & Co. dropped their price target on MasTec from $369.00 to $303.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Mizuho set a $352.00 price objective on MasTec in a research note on Wednesday, October 7th. Finally, Guggenheim increased their price objective on MasTec from $480.00 to $518.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd.

MasTec Price Performance

MTZ stock opened at $186.03 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.37 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $14.94 billion, a P/E ratio of 30.40 and a beta of 1.84. The business has a 50 day simple moving average of $215.62 and a 200-day simple moving average of $300.41. MasTec has a twelve month low of $164.31 and a twelve month high of $441.43.

MasTec (NYSE:MTZ) last announced its earnings results on Thursday, October 29th. The construction company reported $2.96 EPS for the quarter, beating analysts’ consensus estimates of $2.95 by $0.01. MasTec had a net margin of 2.80% and a return on equity of 18.85%. The business had revenue of $5.15 billion for the quarter, compared to analysts’ expectations of $4.94 billion. During the same period in the previous year, the company posted $2.48 EPS. The company’s quarterly revenue was up 29.9% on a year-over-year basis. As a group, equities analysts anticipate that MasTec will post 8.87 EPS for the current year.

Institutional Investors Weigh In On MasTec

Several hedge funds have recently modified their holdings of MTZ. Transamerica Financial Advisors LLC acquired a new stake in shares of MasTec in the 2nd quarter worth $32,000. Bell Investment Advisors Inc purchased a new stake in shares of MasTec in the second quarter valued at about $32,000. Ascentis Independent Advisors acquired a new position in shares of MasTec during the first quarter worth about $30,000. GK Wealth Management LLC acquired a new position in shares of MasTec during the third quarter worth about $29,000. Finally, Solstein Capital LLC acquired a new position in shares of MasTec during the second quarter worth about $58,000. 78.10% of the stock is owned by institutional investors and hedge funds.

MasTec News Summary

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Third-quarter revenue reached approximately $5.2 billion, while adjusted EBITDA was $486 million; both increased about 30% year over year and exceeded expectations. EPS of $2.96 also topped the roughly $2.94–$2.95 consensus. MasTec Reports Third Quarter 2026 Results and Updates Full Year 2026 Financial Guidance
• Positive Sentiment: Power Delivery was a key growth driver, and MasTec’s backlog rose approximately 46% year over year to a record $24.5 billion. The backlog supports visibility into future revenue and reinforces demand for the company’s infrastructure services. MasTec Q3 Earnings and Revenues Beat Estimates on Power Delivery Strength
• Neutral Sentiment: The earnings release and management’s earnings call highlighted continued opportunities tied to power infrastructure and data-center-related demand, although project timing remains an important factor for the near-term outlook. MasTec Q3 2026 Earnings Call Transcript
• Negative Sentiment: MasTec reduced its full-year 2026 profit outlook because pipeline delays are postponing expected project activity. That guidance cut limits the benefit of the quarterly beats and may keep investors focused on execution and project-start timing. MasTec Q3 Earnings and Revenues Beat Estimates on Power Delivery Strength

MasTec Company Profile

MasTec, Inc is an infrastructure construction and engineering company that provides services to the communications, energy, utility, and industrial sectors. The company designs, builds, installs, maintains, and upgrades infrastructure for wireless and wireline communications networks, including cellular, broadband, fiber-optic, and other connectivity systems.

MasTec also performs construction and maintenance work for electric transmission and distribution systems, renewable energy projects, and other power infrastructure.