MasTec Inc's stock price increased by 5.00% during regular trading, reaching a 5-day high. This movement occurs in a mixed market environment, with the Nasdaq-100 down 0.07% and the S&P 500 up 0.18.
The rise in MasTec's stock is attributed to sector rotation, as investors are shifting their focus towards infrastructure and construction companies, despite the slight decline in the Nasdaq-100. This suggests a growing confidence in MasTec's business prospects amid broader market fluctuations.
The implications of this price movement indicate that investors are recognizing the potential for growth in the infrastructure sector, which may lead to further investments in MasTec as the company continues to capitalize on upcoming projects and contracts.
Wall Street analysts forecast MTZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTZ is 248.50 USD with a low forecast of 225.00 USD and a high forecast of 290.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
Wall Street analysts forecast MTZ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MTZ is 248.50 USD with a low forecast of 225.00 USD and a high forecast of 290.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Buy
1 Hold
0 Sell
Strong Buy
Current: 232.590
Low
225.00
Averages
248.50
High
290.00
Current: 232.590
Low
225.00
Averages
248.50
High
290.00
Truist
Buy
maintain
$253 -> $270
2025-12-18
Reason
Truist
Price Target
$253 -> $270
2025-12-18
maintain
Buy
Reason
Truist raised the firm's price target on MasTec to $270 from $253 and keeps a Buy rating on the shares as part of a broader research note previewing Machinery,. Infrastructure Services, and Multi-Industry industrial names in 2026. The firm continues to favor the broader power markets including Transmission & Distribution and Power Generation supported by data centers / AI, though it also believes that investors will be looking for cracks that demand has peaked, and as such backlog growth will be a major focus, particularly as capacity comes online and given the risks associated with hyperscalers, the analyst tells investors in a research note. Construction will be a bright spot with channel destock over and green shoots emerging, supported by Deere's guide for Construction & Forestry up 10% in 2026, and while North America truck orders continue to underwhelm, orders are at a cyclical trough and will improve throughout 2026 as EPA 2027 moves ahead, creating some level of pre-buy, the firm added.
Goldman Sachs
Buy
upgrade
$227 -> $245
2025-11-14
Reason
Goldman Sachs
Price Target
$227 -> $245
2025-11-14
upgrade
Buy
Reason
Goldman Sachs raised the firm's price target on MasTec to $245 from $227 and keeps a Buy rating on the shares. The firm remains constructive on the stock driven by the company's strong anticipated pipeline orders for the next several years, opportunity for margin expansion in the clean energy segment, and positive tailwinds from data center exposure in the communications segment, the analyst tells investors in a research note. The firm adds that it remains focused on the growth of backlog across its segments from increased spending expectations from utility customers for transmission and distribution, utility scale solar, and pipelines.
Baird
Outperform
maintain
$238 -> $249
2025-11-03
Reason
Baird
Price Target
$238 -> $249
2025-11-03
maintain
Outperform
Reason
Baird raised the firm's price target on MasTec to $249 from $238 and keeps an Outperform rating on the shares. The firm updated its model as its pipeline remains hot.
Mizuho
Outperform
maintain
$244 -> $254
2025-11-03
Reason
Mizuho
Price Target
$244 -> $254
2025-11-03
maintain
Outperform
Reason
Mizuho raised the firm's price target on MasTec to $254 from $244 and keeps an Outperform rating on the shares. MasTec continues to see revenue and bookings growth, notes the analyst, who increased the firm's target given MasTec's exposure to gas pipeline investment up-cycle and strong margins for the group.
About MTZ
MasTec, Inc. is an infrastructure construction company operating mainly throughout North America across a range of industries. The Company's segments include Communications, Clean Energy and Infrastructure, Power Delivery, Pipeline Infrastructure, and Other. Communications segment performs engineering, construction, maintenance and customer fulfillment activities related to communications infrastructure, primarily for wireless and wireline/fiber communications, wireless integration and optimization and install-to-the-home services, and others. Clean Energy and Infrastructure segment primarily serves energy, utility, government and other end-markets through the installation and construction of power generation facilities, primarily from clean energy and renewable sources, such as wind, solar, and hydrogen; various types of heavy civil and industrial infrastructure services, and others. Power Delivery segment primarily serves the energy, utility and data center infrastructure industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
