MasTec (NYSE:MTZ) Releases FY 2026 Earnings Guidance

MasTec (NYSE:MTZ) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 8.400-8.400 for the period, compared to the consensus estimate of 8.020. The company issued revenue guidance of $17.0 billion-, compared to the consensus revenue estimate of $15.4 billion. MasTec also updated its Q1 2026 guidance to 1.000-1.000 EPS.

MasTec Stock Performance

Shares of MasTec stock opened at $291.19 on Friday. The firm’s fifty day simple moving average is $244.67 and its 200-day simple moving average is $215.54. MasTec has a 12 month low of $99.70 and a 12 month high of $295.75. The stock has a market capitalization of $22.97 billion, a price-to-earnings ratio of 69.17 and a beta of 1.94. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.33 and a quick ratio of 1.30.

Analyst Ratings Changes

MTZ has been the subject of several recent research reports. Truist Financial increased their target price on shares of MasTec from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Thursday, December 18th. Robert W. Baird upped their price target on MasTec from $238.00 to $249.00 and gave the stock an “outperform” rating in a report on Monday, November 3rd. Wall Street Zen raised MasTec from a “hold” rating to a “buy” rating in a report on Sunday, February 22nd. Barclays raised their price target on MasTec from $240.00 to $260.00 and gave the company an “overweight” rating in a research report on Friday, January 23rd. Finally, Mizuho set a $254.00 price target on MasTec in a research note on Monday, November 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, MasTec has a consensus rating of “Buy” and an average target price of $238.16.

More MasTec News

Here are the key news stories impacting MasTec this week:

• Positive Sentiment: Q4 results beat expectations — MasTec reported EPS of $2.07 (vs. $1.94 consensus) and revenue of $3.94B (vs. $3.71B consensus), with revenue up ~15.8% YoY, signaling broad segment strength. MasTec press release / earnings slides
• Positive Sentiment: 2026 full-year guidance raised vs. Street — MasTec gave FY2026 EPS guidance of $8.40 (consensus ~$8.02) and set revenue guidance near $17.0B (Street ~$15.4B), implying sizable top-line acceleration and supporting a higher valuation multiple. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance
• Positive Sentiment: Short interest fell meaningfully in February (down ~12.9% month-over-month to ~2.46M shares), reducing short pressure and removing a potential near-term headwind for the stock.
• Positive Sentiment: Exposure to AI/data-center buildout highlighted — analysts name MasTec among construction beneficiaries of the AI-powered data center capex wave, a multi-year demand driver for power and infrastructure work. Buy 5 Construction Stocks Set to Soar on AI-Powered Data Center Boom
• Neutral Sentiment: Analyst commentary and metric review — Zacks and other outlets provided deeper takes on key metrics vs. estimates and year-ago comps; useful for modelers but no headline surprises beyond the beats/guidance. Here’s What Key Metrics Tell Us About MasTec (MTZ) Q4 Earnings
• Neutral Sentiment: Quarterly recap pieces summarize results and slides — useful for detail but largely reiterate the press release. MasTec: Q4 Earnings Snapshot
• Negative Sentiment: Mixed near-term (Q1) guidance — MasTec guided Q1 2026 EPS of $1.00 (below the ~$1.42 consensus) and revenue ~$3.5B (below the ~$3.7B consensus), indicating near-term softness despite stronger full-year outlook; this explains some intra-day volatility risk. MasTec Reports Fourth Quarter and Full Year 2025 Financial Results and Provides Initial 2026 Guidance

Institutional Trading of MasTec

Several institutional investors have recently modified their holdings of MTZ. CIBC Private Wealth Group LLC boosted its position in shares of MasTec by 372.0% during the 4th quarter. CIBC Private Wealth Group LLC now owns 236 shares of the construction company’s stock valued at $51,000 after purchasing an additional 186 shares in the last quarter. Smartleaf Asset Management LLC grew its position in MasTec by 32.1% during the 4th quarter. Smartleaf Asset Management LLC now owns 329 shares of the construction company’s stock worth $72,000 after purchasing an additional 80 shares in the last quarter. BROOKFIELD Corp ON purchased a new stake in shares of MasTec in the fourth quarter valued at $76,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of MasTec by 105.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 355 shares of the construction company’s stock worth $61,000 after buying an additional 182 shares during the period. Finally, Vestcor Inc purchased a new position in shares of MasTec during the third quarter valued at $128,000. Institutional investors and hedge funds own 78.10% of the company’s stock.

MasTec Company Profile

MasTec, Inc is a diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets. Its principal activities encompass the development of communications networks, oil and gas pipeline systems, electrical transmission and distribution facilities, industrial installations and renewable energy projects.

The company traces its roots to a small cable installation operation in Miami and has grown through a series of strategic acquisitions to become one of the largest infrastructure contractors in North America.