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MTZ: Record Backlog And Utility Projects Will Drive Robust Revenue Visibility

Published
27 Aug 24
Updated
01 Nov 25
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AnalystConsensusTarget's Fair Value
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1Y
43.2%
7D
-7.8%

Author's Valuation

US$23817.9% undervalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on 01 Nov 25

Fair value Increased 4.62%

MasTec's analyst fair value estimate has been raised from $227.50 to $238.00 per share, as analysts cite improving inventories, notable growth opportunities in utility and energy infrastructure, and a favorable near-term setup across several business segments. Analyst Commentary Recent Street research on MasTec has been overwhelmingly positive, with a series of price target increases and new Buy ratings reflecting rising confidence in the company's near- and long-term growth prospects.

Shared on 18 Oct 25

Fair value Increased 2.67%

Grid Modernization And Fiber Build-Out Will Empower Infrastructure Evolution

The analyst price target for MasTec has increased from $221.58 to $227.50. Analysts cited stronger momentum in utility and clean energy sectors, improving margins, and favorable outlooks across key end markets as drivers for the upward revision.

Shared on 04 Oct 25

Fair value Increased 4.62%

Grid Modernization And Fiber Build-Out Will Empower Infrastructure Evolution

The analyst price target for MasTec has been raised by approximately $10 to reflect growing confidence in the company's improving business momentum and margin upside potential, according to analysts. Analyst Commentary Recent analyst activity around MasTec highlights a growing sense of optimism regarding the company’s business outlook, execution, and valuation potential.

Shared on 19 Sep 25

Fair value Increased 3.12%

Grid Modernization And Fiber Build-Out Will Empower Infrastructure Evolution

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.

Shared on 04 Aug 25

Fair value Increased 7.70%

Grid Modernization And Fiber Build-Out Will Empower Infrastructure Evolution

Driven by improving net profit margins and a more attractive forward P/E, MasTec’s consensus analyst price target has increased from $190.71 to $201.47. What's in the News MasTec expects Q3 revenue of $3.9 billion, GAAP net income of $156 million, and GAAP diluted EPS of $1.87.

Shared on 07 May 25

Fair value Increased 17%

Communications And Clean Energy Will Drive Future Infrastructure

Shared on 30 Apr 25

Fair value Increased 1.57%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 23 Apr 25

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Decreased 2.29%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

Fair value Decreased 2.88%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 2.04%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 0.14%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

Fair value Decreased 0.13%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 10 Mar 25

Fair value Decreased 6.75%

Communications And Clean Energy Will Drive Future Infrastructure

AnalystConsensusTarget has increased profit margin from 2.9% to 3.4% and decreased future PE multiple from 35.0x to 31.2x.