MasTec, Inc. (MTZ)
NYSE: MTZ · Real-Time Price · USD
132.61
+2.61 (2.01%)
Nov 4, 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 141.43, with a low estimate of 120 and a high estimate of 160. The average target predicts an increase of 6.65% from the current stock price of 132.61.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 7 | 8 | 8 | 8 | 8 |
| Buy | 2 | 2 | 2 | 2 | 3 | 3 |
| Hold | 3 | 3 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 12 | 13 | 13 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $125 → $150 | Strong Buy | Maintains | $125 → $150 | +13.11% | Nov 4, 2024 |
| TD Cowen | TD Cowen | Strong Buy Maintains $115 → $160 | Strong Buy | Maintains | $115 → $160 | +20.65% | Nov 4, 2024 |
| Baird | Baird | Hold Maintains $120 → $153 | Hold | Maintains | $120 → $153 | +15.38% | Nov 4, 2024 |
| UBS | UBS | Strong Buy Maintains $129 → $147 | Strong Buy | Maintains | $129 → $147 | +10.85% | Oct 23, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $122 → $150 | Strong Buy | Maintains | $122 → $150 | +13.11% | Oct 22, 2024 |
Financial Forecast
Revenue This Year
12.52B
from 12.00B
Increased by 4.39%
Revenue Next Year
13.58B
from 12.52B
Increased by 8.46%
EPS This Year
3.07
from -0.64
EPS Next Year
4.44
from 3.07
Increased by 44.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.1B | 14.5B | 15.7B | ||
| Avg | 12.5B | 13.6B | 14.4B | ||
| Low | 12.1B | 13.0B | 12.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 9.2% | 15.4% | 15.6% | ||
| Avg | 4.4% | 8.5% | 6.1% | ||
| Low | 0.6% | 3.5% | -5.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.58 | 5.64 | 7.38 | ||
| Avg | 3.07 | 4.44 | 5.73 | ||
| Low | 2.87 | 3.78 | 4.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 83.8% | 66.1% | ||
| Avg | - | 44.8% | 29.0% | ||
| Low | - | 23.3% | -1.9% |
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.