MasTec (MTZ) Stock Forecast, Price Target & Predictions


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MTZ Stock Forecast


MasTec (MTZ) stock forecast, based on 12 Wall Street analysts, predicts a 12-month average price target of $158.33, with a high of $195.00 and a low of $121.00. This represents a 13.44% increase from the last price of $139.57.

$50 $80 $110 $140 $170 $200 High: $195 Avg: $158.33 Low: $121 Last Closed Price: $139.57

MTZ Stock Rating


MasTec stock's rating consensus is Buy, based on 12 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 11 Buy (91.67%), 1 Hold (8.33%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 12 0 1 11 Strong Sell Sell Hold Buy Strong Buy

MTZ Forecast vs Benchmarks


TypeNameUpside
StockMasTec13.44%
SectorIndustrials Stocks 15.95%

Price Target Trends


1M3M12M
# Anlaysts1317
Avg Price Target$195.00$176.00$129.82
Last Closing Price$139.57$139.57$139.57
Upside/Downside39.71%26.10%-6.99%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 252102-115
Dec, 24292-114
Nov, 24793-120
Oct, 24784-120
Sep, 24784--19
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jan 08, 2025Joseph OshaGuggenheim$195.00$146.4133.19%39.71%
Nov 05, 2024Jamie CookTruist Financial$173.00$136.5426.70%23.95%
Nov 04, 2024Brent TheilmanD.A. Davidson$160.00$132.6120.65%14.64%
Oct 22, 2024Andrew KaplowitzCitigroup$150.00$128.2017.00%7.47%
Oct 16, 2024Alex RygielB.Riley Financial$151.00$125.3820.43%8.19%
Aug 05, 2024Brian BrophyStifel Nicolaus$121.00$101.0919.70%-13.31%
May 31, 2024Alex RygielB.Riley Financial$132.00$111.3918.50%-5.42%
May 13, 2024Sangita JainKeyBanc$120.00$106.5312.64%-14.02%
May 07, 2024Brent ThielmanD.A. Davidson$120.00$105.8113.41%-14.02%
May 06, 2024Christian SchwabCraig-Hallum$125.00$106.0817.84%-10.44%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Jan 08, 2025GuggenheimBuyinitialise
Jan 08, 2025KeyBancOverweightOverweighthold
Oct 22, 2024CitigroupBuyBuyhold
Oct 08, 2024KeyBancOverweightOverweighthold
Aug 05, 2024B. Riley SecuritiesBuyBuyhold
Aug 05, 2024B. RileyBuyBuyhold
Jul 22, 2024Goldman SachsBuyBuyhold
Jul 22, 2024CitigroupBuyBuyhold
Jun 27, 2024Craig-HallumUnderperformUnderperformhold
May 31, 2024B. RileyBuyBuyhold

Financial Forecast


EPS Forecast

$-5 $-1 $3 $7 $11 $15 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$4.43$4.54$0.45$-1.52-----
Avg Forecast$5.04$5.52$3.05$1.78$3.67$5.08$6.44$8.10$10.42
High Forecast$4.99$5.47$3.01$1.77$3.64$4.28$5.39$7.33$10.18
Low Forecast$5.12$5.61$3.07$1.80$3.69$5.47$7.37$8.87$10.64
Surprise %-12.10%-17.75%-85.25%-185.39%-----

Revenue Forecast

$5B $8B $11B $14B $17B $20B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$6.32B$7.95B$9.78B$12.00B-----
Avg Forecast$6.49B$8.02B$9.68B$11.98B$12.22B$13.26B$14.45B$15.74B$16.77B
High Forecast$6.44B$7.96B$9.59B$11.96B$12.20B$13.09B$14.44B$15.67B$16.47B
Low Forecast$6.57B$8.13B$9.74B$11.99B$12.24B$13.35B$14.46B$15.81B$17.04B
Surprise %-2.63%-0.91%0.97%0.13%-----

Net Income Forecast

$-150M $50M $250M $450M $650M $850M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27 Dec 28
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27Dec 28
Reported$322.85M$328.83M$33.35M$-118.11M-----
Avg Forecast$284.26M$290.17M$167.26M$-49.95M$284.42M$378.03M$494.57M$628.03M$807.91M
High Forecast$227.41M$232.13M$112.06M$-66.34M$282.53M$331.73M$417.84M$568.02M$789.16M
Low Forecast$341.12M$348.20M$222.46M$-33.56M$286.32M$424.33M$571.30M$688.05M$824.83M
Surprise %13.57%13.32%-80.06%136.47%-----

MTZ Forecast FAQ


Is MasTec stock a buy?

MasTec stock has a consensus rating of Buy, based on 12 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 11 Buy, 1 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that MasTec is a favorable investment for most analysts.

What is MasTec's price target?

MasTec's price target, set by 12 Wall Street analysts, averages $158.33 over the next 12 months. The price target range spans from $121 at the low end to $195 at the high end, suggesting a potential 13.44% change from the previous close price of $139.57.

How does MasTec stock forecast compare to the average forecast of its sector, industry, and investment themes?

MasTec stock forecast shows a 13.44% upside, underperforming the average forecast for the industrials stocks sector (15.95%).

What is the breakdown of analyst ratings for MasTec over the past three months?

  • January 2025: 13.33% Strong Buy, 66.67% Buy, 13.33% Hold, 0% Sell, 6.67% Strong Sell.
  • December 2024: 14.29% Strong Buy, 64.29% Buy, 14.29% Hold, 0% Sell, 7.14% Strong Sell.
  • November 2024: 35.00% Strong Buy, 45.00% Buy, 15.00% Hold, 0% Sell, 5.00% Strong Sell.

What is MasTec’s EPS forecast?

MasTec's average annual EPS forecast for its fiscal year ending in December is 3.67 for 2024, a -341.45% decrease from the reported $-1.52 in 2023. The prediction for 2025 is $5.08, $6.44 for 2026, $8.1 for 2027, and $10.42 for 2028.

What is MasTec’s revenue forecast?

MasTec's average annual revenue forecast for its fiscal year ending in December is $12.22B for 2024, a 1.86% increase from the reported $12B in 2023. The forecast for 2025 is $13.26B, $14.45B for 2026, $15.74B for 2027, and $16.77B for 2028.

What is MasTec’s net income forecast?

For its fiscal year ending in December, MasTec's average annual net income forecast is $284.42M for 2024, reflecting a -340.81% decrease from the reported $-118M in 2023. The projection for 2025 is $378.03M, $494.57M for 2026, $628.03M for 2027, and $807.91M for 2028.