Update shared on19 Sep 2025
Fair value Increased 3.12%Analysts have raised MasTec’s price target to $211.79, citing accelerating growth in core end markets, robust backlog momentum, and improved operational execution, while shares continue to trade at a relative discount.
Analyst Commentary
- Bullish analysts cite accelerating activity and favorable trends in key end markets, such as gas infrastructure, electric utilities, data centers, renewables, and fiber, supporting long-term growth.
- Backlog growth and strong post-earnings business momentum are viewed as indicators of sustained future revenue and profitability.
- MasTec is seen as well-positioned due to scale, end market diversification, and maintenance-like recurring services, which drive resilience and upside potential.
- Improvement in execution consistency and operational performance is generating renewed investor confidence, while MasTec continues to trade at a discount to peer contractors.
- The company's leverage to communications and pipeline infrastructure, along with supporting the buildout of electrical infrastructure, are seen as significant tailwinds for continued expansion and stock upside.
What's in the News
- MasTec is actively seeking selective M&A opportunities focused on incremental earnings, strong management teams, and complementary service offerings.
- The company reported no share repurchases under the current buyback program.
- Full-year 2025 guidance was raised to $13.9–$14.0 billion in revenue, $388–$408 million in GAAP net income, and $4.61–$4.82 GAAP diluted EPS.
- Third-quarter 2025 guidance is $3.9 billion in revenue, $156 million in GAAP net income, and $1.87 GAAP diluted EPS.
- MasTec was added to multiple Russell growth indexes, including the Russell 1000, 2500, 3000, Small Cap Composite, Midcap, and 3000E Growth Indexes.
Valuation Changes
Summary of Valuation Changes for MasTec
- The Consensus Analyst Price Target has risen slightly from $205.39 to $211.79.
- The Future P/E for MasTec has risen slightly from 27.35x to 28.18x.
- The Discount Rate for MasTec remained effectively unchanged, moving only marginally from 8.59% to 8.56%.
Disclaimer
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