MasTec, Inc. (MTZ)
NYSE: MTZ · Real-Time Price · USD
135.80
+0.07 (0.05%)
Dec 30, 2024, 4:00 PM EST - Market closed
MasTec Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for MasTec stock have an average target of 148.07, with a low estimate of 120 and a high estimate of 189. The average target predicts an increase of 9.04% from the current stock price of 135.80.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for MasTec stock from 14 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 8 | 8 | 8 | 9 | 9 |
| Buy | 2 | 2 | 2 | 3 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 13 | 13 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $173 → $189 | Strong Buy | Maintains | $173 → $189 | +39.18% | Dec 19, 2024 |
| Stifel | Stifel | Strong Buy Maintains $153 → $155 | Strong Buy | Maintains | $153 → $155 | +14.14% | Dec 11, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $151 → $166 | Strong Buy | Reiterates | $151 → $166 | +22.24% | Nov 5, 2024 |
| Truist Securities | Truist Securities | Hold → Strong Buy Upgrades $133 → $173 | Hold → Strong Buy | Upgrades | $133 → $173 | +27.39% | Nov 5, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $125 → $150 | Strong Buy | Maintains | $125 → $150 | +10.46% | Nov 4, 2024 |
Financial Forecast
Revenue This Year
12.35B
from 12.00B
Increased by 2.91%
Revenue Next Year
13.44B
from 12.35B
Increased by 8.87%
EPS This Year
3.75
from -0.64
EPS Next Year
5.30
from 3.75
Increased by 41.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.9B | 14.3B | 15.7B | |||
| Avg | 12.3B | 13.4B | 14.5B | |||
| Low | 12.0B | 12.8B | 13.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 7.1% | 15.9% | 16.8% | |||
| Avg | 2.9% | 8.9% | 8.1% | |||
| Low | -0.3% | 3.9% | 1.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.40 | 6.46 | 8.10 | |||
| Avg | 3.75 | 5.30 | 6.54 | |||
| Low | 2.99 | 4.07 | 4.51 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 72.2% | 52.7% | |||
| Avg | - | 41.4% | 23.4% | |||
| Low | - | 8.6% | -14.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.