MasTec Stock Analysis (March 2026) | Price Data & Price Target

MasTec

NYSE:MTZ

$ 316,01

+ $9,27 (3,02%)

316,01 $

+$9,27 (3,02%)

End-of-day quote: 03/27/2026

MasTec Stock Value

The current analyst rating for MasTec is Buy.

Buy

MasTec Company Info

EPS Growth 5Y

-5,39%

Market Cap

$24,60 B

Long-Term Debt

$2,18 B

Short Interest

2,39%

Quarterly earnings

05/01/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

1929

Industry

Industrials

Country

United States

ISIN Number

US5763231090

Website

http://www.mastec.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$348,00

10.12%

Last Update: 03/28/2026

Analysts: 19

Highest Price Target $400,00

Average Price Target $348,00

Lowest Price Target $205,00

In the last five quarters, MasTec’s Price Target has risen from $60,28 to $168,57 - a 179,64% increase. Seventeen analysts predict that MasTec’s share price will increase in the coming year, reaching $348,00. This would represent an increase of 10,12%.

Top growth stocks in the industrials sector (5Y.)

What does MasTec do?

MasTec, Inc. (MasTec) operates as an infrastructure construction company operating mainly throughout North America across a range of industries. The company operates primarily in the United States and Canada. The company's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy, utility and other infrastructure, such as wireless, wireline/fiber and customer fulfillment activities; power delivery infrastructure, including transmission...

The company's primary activities include the engineering, building, installation, maintenance and upgrade of communications, energy, utility and other infrastructure, such as wireless, wireline/fiber and customer fulfillment activities; power delivery infrastructure, including transmission, distribution, environmental planning and compliance; power generation infrastructure, primarily from clean energy and renewable sources; pipeline infrastructure, including for natural gas, water and carbon capture sequestration pipelines and pipeline integrity services; heavy civil and industrial infrastructure, including roads, bridges and rail; and environmental remediation services. The company's customers are primarily in these industries.

For the twelve month period ended December 31, 2023, the company had an average of approximately 840 locations, and as of December 31, 2023, the company had approximately 850 locations. The company offers its services under the MasTec and other service marks and the company is ranked among the Top 400 Contractors by Engineering News-Record.

The company provides its services to a diversified base of customers and a significant portion of the company's services are provided under master service and other service agreements, which are generally multi-year agreements. The remainder of the company's work is generated pursuant to contracts for specific projects or jobs that require the construction or installation of an entire infrastructure system or specified units within an infrastructure system.

The company seeks to grow and diversify its business both organically and through acquisitions and/or strategic arrangements in order to deepen the company's market presence and customer base, broaden the company's geographic reach and expand the company's service offerings. In 2021, the company initiated a significant transformation of the company's end-market business operations to focus on the nation's transition to low-carbon energy sources and position the company for expected future opportunities. This transformation included significant business combination activity, including expansion of the company's scale and capacity in renewable energy, power delivery, heavy civil and telecommunications services.

The company manages its operations under five operating segments, which represent the company's five reportable segments: (1) Communications; (2) Clean Energy and Infrastructure; (3) Power Delivery; (4) Oil and Gas and (5) Other. This structure is generally focused on broad end-user markets for the company's labor-based construction services.

The company's Communications segment performs engineering, construction, maintenance and customer fulfillment activities related to communications infrastructure, primarily for wireless and wireline/fiber communications and install-to-the-home customers, as well as infrastructure for utilities, among others.

The company's 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, biomass, natural gas and hydrogen, as well as battery storage systems for renewable energy; various types of heavy civil and industrial infrastructure, including roads, bridges and rail; and environmental remediation services.

The company's Power Delivery segment primarily serves the energy and utility industries through the engineering, construction and maintenance of power transmission and distribution infrastructure, including electrical and gas transmission lines, distribution network systems and substations; and environmental planning and compliance services.

The company's Oil and Gas segment performs engineering, construction, maintenance and other services for pipeline infrastructure, including natural gas, water and carbon capture sequestration pipelines, as well as pipeline integrity and other services for the energy and utilities industries.

The Other segment includes certain equity investees, the services of which may vary from those provided by the company's primary segments, as well as other small business units with activities in certain international end-markets.

Industry Trends

The company's industry is composed of national, regional and local companies that provide services to customers in a range of industries. The following industry trends affect demand for the company's services:

Opportunities in the company's Communications Segment

As one of the largest providers of communications infrastructure services, the company is well-positioned to benefit from the expected multi-year significant and broad opportunities in the telecommunications market.

Opportunities in the company's Clean Energy and Infrastructure Segment

The company provides heavy civil infrastructure construction services, including the construction and maintenance of buildings, roads, bridges, water/sewer systems and other civil infrastructure.

The company is one of the leading renewable contractors in North America, with expertise in wind, solar and other renewables, as well as a leading contractor in the construction of industrial and other power plants and heavy civil infrastructure, and the company expects to benefit from market trends in these industries.

Opportunities in the company's Power Delivery Segment

Significant capital investment in the transmission and distribution system will be required to meet the above-mentioned infrastructure requirements, and that the company is well-positioned to benefit from these developing trends.

Opportunities in the company's Oil and Gas Segment

The company is one of the largest pipeline contractors in North America, with a balanced portfolio of service offerings, including union and non-union services. The company's pipeline offerings include construction and maintenance services for pipeline distribution, including for natural gas, water and carbon capture sequestration pipelines and pipeline integrity services for the energy and utilities industries. The company's pipeline integrity services include replacement and repair of pipeline infrastructure, facilitating their safe use throughout their lifecycle.

Notwithstanding efforts to reduce reliance on fossil fuel-related energy sources and transition to renewable sources, the company expects that natural gas power generation will remain a fuel of choice, both for primary power generation, and for baseload backup power generation to support intermittent clean energy sources.

Customers

The company's customers include some of the largest providers of communications, utility, power (including from renewable and other energy generation sources), civil and transportation infrastructure in North America, among others.

Strategy

The key elements of the company's business strategy are to focus on growth opportunities; effectively manage the company's projects and services; and leverage core performance and expertise through strategic acquisitions.

Services

The company's core services are the engineering, building, installation, maintenance and upgrade of infrastructure, primarily for providers of communications, utility, power (including renewable and other energy generation sources), civil and transportation infrastructure. The company also provides certain other services. The services the company provides to its customers primarily encompass the following:

Build. The company builds infrastructure for customers across a range of industries. The company specializes in building infrastructure for wireless and wireline/fiber communications; clean energy infrastructure, including for renewable energy power generation; pipeline infrastructure, including for natural gas, water, carbon capture sequestration and other product transport; power delivery services, including electrical and gas transmission and distribution systems; industrial and heavy civil infrastructure, including roads, bridges and rail; and water infrastructure.

Install. The company installs electrical and gas distribution and transmission systems, power generation, civil and industrial facilities, pipelines, fiber optic and other cables, and provide various install-to-the-home services in a variety of environments for the company's customers.

Maintain, Upgrade and Other Services. The company offers 24 hour/365 days-a-year maintenance and upgrade support to the company's customers. The company's comprehensive service offerings include the regular maintenance of the company's customers' distribution facilities, networks and infrastructure, including communications, power generation, pipeline, electrical distribution and transmission and civil and industrial infrastructure. The company also provides emergency services for service restoration following natural disasters and accidents, and the company performs environmental planning, compliance and remediation. The company's upgrade work ranges from routine replacements and upgrades to major overhauls.

Customers

The company has longstanding relationships with many customers, and often provides services under master service and other service agreements, which are generally multi-year agreements. The company's master service agreements are typically exclusive up to a specified dollar amount per work order for each defined geographic area, but do not obligate the company's customers to undertake any infrastructure projects or other work with the company. Work performed under master service and other service agreements is usually generated through work orders, each of which is performed for a fixed fee. Services provided under these agreements range from construction, installation, maintenance and upgrade services to project management and engineering services. Master service and other service agreements are frequently awarded on a competitive bidding basis, although customers are sometimes willing to negotiate contract extensions beyond their original terms without re-bidding. The company's master service and other service agreements have various terms, depending upon the nature of the services provided, and typically provide for termination on short or no advance notice.

Sales and Marketing

The company's customers increasingly require resources from multiple disciplines. Therefore, the company's subsidiary services companies market their services not only individually, but also in combination with other companies, including other MasTec companies and independent companies, to provide what the company believe are the most efficient and effective solutions to meet the company's customers' demands. Through the company's unified MasTec brand and an integrated organizational structure designed to permit rapid deployment of the company's services, the company is able to quickly and efficiently allocate resources to meet customer needs. The company offers services that are branded under the MasTec service mark and other service marks.

The company has a business development and marketing plan emphasizing the MasTec registered service mark and trade names of certain acquired companies, as well as an integrated service offering to position itself as a provider of a full range of service solutions, providing services including installation as well as sophisticated engineering, design and integration. The company's longstanding relationships with its customers, industry expertise and the company's reputation for reliability, efficiency and customer service facilitate the company's potential and recurring business relationships. The company's marketing efforts are principally carried out by the management of the company's business units and project groups in coordination with the company's corporate business development organization. The company's business unit and project group managers market directly to existing and potential customers for new contracts and also seek the company's inclusion on lists of vendors invited to submit proposals for service agreements and individual projects. The company also markets its services in conjunction with certain business partners, strategic investments and other arrangements. The company's executive management team supplements these efforts at the national level.

Regulation and Environmental Matters

The company's operations are, however, subject to numerous laws and regulations, among them, environmental laws and regulations; regulations related to worker safety and health, including those established by the Occupational Safety and Health Administration ('OSHA') and state equivalents; regulations related to vehicle registrations, including those of the states and the U.S. Department of Transportation ('DOT'); contractor licensing requirements; permitting and inspection requirements; building and electrical codes; and cyber and other data protection and security requirements.

History

MasTec, Inc. was founded in 1929. The company was incorporated in 1998.

MasTec Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - Energy infrastructure: 40% - Telecommunications: 30% - Power transmission and distribution: 20% - Other (including oil and gas): 10% **TOP 3 markets and their percentage shares:** - USA: 70% - Canada: 15% - Latin America: 10% MasTec, Inc. generates the majori...

At which locations are the company’s products manufactured?

**Production Sites:** USA, Canada, Latin America MasTec, Inc. is a leading infrastructure construction company that operates mainly in the USA. The company offers a wide range of services including engineering, construction, and maintenance in the energy, communication, and industrial sectors. Whi...

What strategy does MasTec pursue for future growth?

**Revenue Growth:** Estimated 10-12% annually (2025) MasTec, Inc. pursues a growth strategy that heavily focuses on diversification and expansion into new markets. The company plans to further expand its presence in the renewable energy and telecommunications sectors. A key part of the strategy is...

Which raw materials are imported and from which countries?

**Main raw materials:** Steel, Copper, Aluminum, Concrete **Import countries:** Canada, Mexico, China MasTec, Inc. is a leading company in the field of engineering and construction specializing in infrastructure projects. The main raw materials imported by MasTec include steel, copper, aluminum, a...

How strong is the company’s competitive advantage?

**Market share in the construction and engineering sector:** Approximately 5% (2024 estimate) **EBITDA margin:** 11.2% (2024) **Revenue growth:** 13.5% (2024) MasTec, Inc. has established itself as a leading company in the construction and engineering sector, particularly in the field of energy...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 85% (2025, estimated) **Insider Buys/Sells:** No significant transactions in the last quarter (2025) MasTec, Inc. has a high institutional investor share, indicating the confidence of large investors in the company's long-term stability and growth potential. T...

What percentage market share does MasTec have?

**Market Share of MasTec, Inc.:** Estimated around 5-7% (2025) **Top Competitors and Their Market Shares:** 1. **Quanta Services, Inc. (NYSE: PWR):** around 10-12% 2. **Fluor Corporation (NYSE: FLR):** around 8-10% 3. **Jacobs Engineering Group Inc. (NYSE: J):** around 7-9% 4. **KBR, Inc. (NYSE: KB...

Is MasTec stock currently a good investment?

**Revenue Growth:** 10% (2024) **Profit Growth:** 8% (2024) **Backlog:** 9 billion USD (End of 2024) MasTec, Inc. recorded a revenue growth of 10% in 2024, driven by strong demand in the infrastructure and renewable energy sectors. The company also achieved a profit growth of 8%, indicating efficie...

Does MasTec pay a dividend – and how reliable is the payout?

**Dividend payment:** No dividend (as of 2023) MasTec, Inc. currently does not pay a dividend to its shareholders. The company has focused in the past on reinvesting its profits into the growth and expansion of its business rather than paying out dividends. Therefore, the reliability of the payout...

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MasTec Stock Value

MasTec Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does MasTec do?

MasTec Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

MasTec Stock Value

MasTec Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does MasTec do?

MasTec Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.