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

MasTec (NYSE:MTZ) had its price target lifted by equities research analysts at KeyCorp from $264.00 to $335.00 in a research note issued to investors on Monday,Benzinga reports. The firm presently has an “overweight” rating on the construction company’s stock. KeyCorp’s target price suggests a potential upside of 11.31% from the stock’s current price.

MTZ has been the topic of a number of other research reports. Truist Financial increased their price objective on MasTec from $270.00 to $356.00 and gave the stock a “buy” rating in a research report on Monday. Wolfe Research reaffirmed an “outperform” rating and issued a $326.00 price target on shares of MasTec in a report on Monday. Mizuho set a $254.00 price target on MasTec in a research report on Monday, November 3rd. Citigroup upped their price objective on shares of MasTec from $248.00 to $284.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Finally, Barclays lifted their target price on shares of MasTec from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $283.79.

MasTec Trading Down 1.2%

Shares of MasTec stock opened at $300.95 on Monday. The company’s 50-day moving average price is $249.39 and its 200-day moving average price is $218.60. 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 has a 12-month low of $99.70 and a 12-month high of $310.36. The company has a market cap of $23.74 billion, a price-to-earnings ratio of 59.36 and a beta of 1.89.

MasTec (NYSE:MTZ) last posted its earnings results on Thursday, February 26th. The construction company reported $2.07 earnings per share 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 business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.71 billion. During the same quarter in the prior year, the firm posted $1.44 EPS. MasTec’s revenue 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. On average, equities analysts expect that MasTec will post 3.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in MasTec by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 6,007,192 shares of the construction company’s stock worth $1,278,391,000 after purchasing an additional 34,899 shares during the period. Victory Capital Management Inc. grew its holdings in shares of MasTec by 178.6% in the fourth 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 during the last quarter. Invesco Ltd. grew its holdings in shares of MasTec by 6.1% in the second quarter. Invesco Ltd. now owns 1,765,049 shares of the construction company’s stock worth $300,817,000 after purchasing an additional 102,072 shares during the last quarter. Hood River Capital Management LLC increased its stake in shares of MasTec by 8.9% in the second quarter. Hood River Capital Management LLC now owns 1,692,656 shares of the construction company’s stock worth $288,479,000 after buying an additional 138,269 shares during the period. Finally, Peconic Partners LLC raised its holdings in MasTec by 113.3% during the 4th quarter. Peconic Partners LLC now owns 1,600,000 shares of the construction company’s stock valued at $347,792,000 after buying an additional 850,000 shares during the last quarter. Hedge funds and other institutional investors own 78.10% of the company’s stock.

Trending Headlines about MasTec

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.