MasTec (NYSE:MTZ) Stock Price Expected to Rise, TD Cowen Analyst Says

MasTec (NYSE:MTZ) had its price objective raised by investment analysts at TD Cowen from $225.00 to $320.00 in a note issued to investors on Monday, Marketbeat Ratings reports. The firm currently has a “buy” rating on the construction company’s stock. TD Cowen’s target price suggests a potential upside of 7.45% from the stock’s current price.

Several other analysts have also recently commented on the company. Barclays raised their target price on MasTec from $240.00 to $260.00 and gave the stock an “overweight” rating in a research report on Friday, January 23rd. Robert W. Baird increased their price objective on MasTec from $238.00 to $249.00 and gave the stock an “outperform” rating in a research note on Monday, November 3rd. KeyCorp restated an “overweight” rating and set a $264.00 price objective on shares of MasTec in a research report on Wednesday, January 7th. Mizuho set a $254.00 target price on MasTec in a report on Monday, November 3rd. Finally, Wolfe Research reissued an “outperform” rating and issued a $326.00 price target on shares of MasTec in a research report on Monday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $254.47.

MasTec Price Performance

MTZ stock opened at $297.81 on Monday. MasTec has a one year low of $99.70 and a one year high of $300.00. The firm has a 50-day moving average of $246.26 and a two-hundred day moving average of $216.84. The firm has a market capitalization of $23.50 billion, a PE ratio of 58.74 and a beta of 1.94. The company has a current ratio of 1.32, a quick ratio of 1.29 and a debt-to-equity ratio of 0.65.

MasTec (NYSE:MTZ) last released its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.13. MasTec had a net margin of 2.79% and a return on equity of 15.62%. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. During the same quarter in the previous year, the business earned $1.44 earnings per share. The firm’s revenue was up 15.8% compared to the same quarter last year. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. On average, analysts forecast that MasTec will post 3.44 earnings per share for the current year.

Institutional Trading of MasTec

Institutional investors have recently added to or reduced their stakes in the business. Salomon & Ludwin LLC increased its stake in shares of MasTec by 344.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 120 shares of the construction company’s stock worth $26,000 after purchasing an additional 93 shares during the last quarter. Caldwell Trust Co acquired a new stake in shares of MasTec in the 2nd quarter valued at $29,000. Migdal Insurance & Financial Holdings Ltd. bought a new stake in MasTec in the fourth quarter worth $30,000. Parkside Financial Bank & Trust increased its position in MasTec by 253.7% during the second quarter. Parkside Financial Bank & Trust now owns 191 shares of the construction company’s stock worth $33,000 after buying an additional 137 shares during the last quarter. Finally, Evelyn Partners Asset Management Ltd bought a new position in MasTec during the second quarter valued at about $43,000. 78.10% of the stock is currently owned by institutional investors and hedge funds.

MasTec Company Profile

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.