MasTec (NYSE:MTZ) Stock Price Expected to Rise, Cantor Fitzgerald Analyst Says

MasTec (NYSE:MTZ) had its price objective upped by equities researchers at Cantor Fitzgerald from $274.00 to $347.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has an “overweight” rating on the construction company’s stock. Cantor Fitzgerald’s target price points to a potential upside of 15.30% from the stock’s current price.

MTZ has been the subject of a number of other reports. Robert W. Baird increased their price target on MasTec from $249.00 to $348.00 and gave the stock an “outperform” rating in a report on Monday. Mizuho set a $254.00 target price on MasTec in a research report on Monday, November 3rd. TD Cowen lifted their target price on MasTec from $225.00 to $320.00 and gave the stock a “buy” rating in a report on Monday. Wall Street Zen raised MasTec from a “hold” rating to a “buy” rating in a research note on Sunday, February 22nd. Finally, Stifel Nicolaus raised their price objective on shares of MasTec from $240.00 to $267.00 and gave the stock a “buy” rating in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, MasTec currently has an average rating of “Buy” and an average price target of $283.79.

MasTec Stock Performance

NYSE:MTZ opened at $300.95 on Monday. The company has a market capitalization of $23.74 billion, a PE ratio of 59.36 and a beta of 1.89. The company has a 50 day simple moving average of $249.39 and a two-hundred day simple moving average of $218.60. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.29 and a current ratio of 1.32. MasTec has a fifty-two week low of $99.70 and a fifty-two week high of $310.36.

MasTec (NYSE:MTZ) last issued its quarterly earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.71 billion. During the same quarter in the previous year, the company earned $1.44 EPS. The company’s revenue for the quarter was up 15.8% on a year-over-year basis. MasTec has set its Q1 2026 guidance at 1.000-1.000 EPS and its FY 2026 guidance at 8.400-8.400 EPS. Research analysts anticipate that MasTec will post 3.44 earnings per share for the current year.

Hedge Funds Weigh In On MasTec

Institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. lifted its holdings in shares of MasTec by 178.6% in the 4th quarter. Victory Capital Management Inc. now owns 2,637,451 shares of the construction company’s stock worth $573,304,000 after purchasing an additional 1,690,896 shares in the last quarter. Peconic Partners LLC raised its holdings in MasTec by 113.3% during the fourth quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock worth $347,792,000 after buying an additional 850,000 shares during the last quarter. Coatue Management LLC bought a new position in shares of MasTec in the fourth quarter valued at $147,357,000. Qube Research & Technologies Ltd lifted its stake in shares of MasTec by 370.0% in the second quarter. Qube Research & Technologies Ltd now owns 506,857 shares of the construction company’s stock valued at $86,384,000 after buying an additional 399,007 shares in the last quarter. Finally, 140 Summer Partners LP acquired a new position in shares of MasTec during the third quarter valued at about $81,514,000. 78.10% of the stock is owned by institutional investors and hedge funds.

MasTec News Roundup

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Record quarter, stronger guidance and backlog expansion: MasTec beat Q4 estimates (EPS $2.07 vs. $1.94 est.; revenue $3.94B vs. $3.71B est.), raised FY‑2026 outlook and reported an expanded infrastructure backlog — a direct driver of analyst optimism and buying interest. Read More.
• Positive Sentiment: Heavy analyst upgrades and price-target lifts: Multiple firms bumped ratings and targets (examples: Citigroup, Truist, Cantor Fitzgerald, Robert W. Baird, KeyCorp, DA Davidson, TD Cowen), pushing consensus upside and supporting the rally. Read More.
• Positive Sentiment: Fundamental momentum recognized by screens: Zacks highlighted MTZ’s growth and momentum characteristics, which can attract style-driven and momentum investors. Read More.
• Neutral Sentiment: Fresh 52‑week high / sector comparison: MTZ recently hit a new one‑year high and has outpaced many construction peers year‑to‑date, which is notable but increases expectations for continued execution. Read More.
• Negative Sentiment: Technical and valuation caution: Analysts and commentators note MTZ’s premium valuation (elevated EV/EBITDA and P/E on forward numbers) and overbought technical indicators, which can prompt short‑term profit taking and explain the intra‑day pullback. Read More.

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.