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MasTec (MTZ) Stock Forecast & Price Target

MasTec logo
$136.56 +4.49 (+3.40%)
(As of 12/20/2024 05:31 PM ET)

MasTec - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
2
Buy
11

Based on 13 Wall Street analysts who have issued ratings for MasTec in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 13 analysts, 2 have given a hold rating, and 11 have given a buy rating for MTZ.

Consensus Price Target

$150.23
10.01% Upside
According to the 13 analysts' twelve-month price targets for MasTec, the average price target is $150.23. The highest price target for MTZ is $189.00, while the lowest price target for MTZ is $125.00. The average price target represents a forecasted upside of 10.01% from the current price of $136.56.
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MTZ Analyst Ratings Over Time

TypeCurrent Forecast
12/22/23 to 12/21/24
1 Month Ago
11/22/23 to 11/21/24
3 Months Ago
9/23/23 to 9/22/24
1 Year Ago
12/22/22 to 12/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
9 Buy rating(s)
10 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$150.23$148.62$117.50$102.54
Forecasted Upside10.01% Upside4.64% Upside-6.85% Downside40.20% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

MTZ Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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MTZ Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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MasTec Stock vs. The Competition

TypeMasTecConstruction CompaniesS&P 500
Consensus Rating Score
2.85
2.61
2.51
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside10.01% Upside22.00% Upside14.53% Upside
News Sentiment Rating
Positive News

See Recent MTZ News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/19/2024Truist Financial
2 of 5 stars
J. Cook
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Boost TargetBuy ➝ Buy$173.00 ➝ $189.00+43.69%
12/11/2024Stifel Nicolaus
4 of 5 stars
 Boost TargetBuy ➝ Buy$153.00 ➝ $155.00+14.93%
11/5/2024B. Riley
4 of 5 stars
 Reiterated RatingBuy ➝ Buy$151.00 ➝ $166.00+21.79%
11/4/2024Craig Hallum
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 Boost TargetBuy ➝ Buy$125.00 ➝ $150.00+13.45%
11/4/2024TD Cowen
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 Boost TargetBuy ➝ Buy$115.00 ➝ $160.00+23.08%
11/4/2024Robert W. Baird
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 Boost TargetNeutral ➝ Neutral$120.00 ➝ $153.00+17.69%
10/23/2024UBS Group
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 Boost TargetBuy ➝ Buy$129.00 ➝ $147.00+18.04%
10/22/2024Citigroup
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 Boost TargetBuy ➝ Buy$122.00 ➝ $150.00+18.62%
10/9/2024The Goldman Sachs Group
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 Boost TargetNeutral ➝ Neutral$115.00 ➝ $130.00+1.59%
10/8/2024KeyCorp
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 Boost TargetOverweight ➝ Overweight$123.00 ➝ $145.00+11.93%
10/7/2024JPMorgan Chase & Co.
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 Initiated CoverageOverweight$153.00+20.28%
8/5/2024DA Davidson
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 Boost TargetBuy ➝ Buy$120.00 ➝ $125.00+23.20%
5/6/2024Barclays
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 Boost TargetOverweight ➝ Overweight$106.00 ➝ $130.00+22.07%
8/7/2023Credit Suisse Group
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 Boost TargetOutperform ➝ Outperform$118.00 ➝ $130.00+30.57%
12/27/2022Cowen
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 Lower TargetOutperform$125.00 ➝ $120.00+42.72%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 11:20 PM ET.


MTZ Forecast - Frequently Asked Questions

According to the research reports of 13 Wall Street equities research analysts, the average twelve-month stock price forecast for MasTec is $150.23, with a high forecast of $189.00 and a low forecast of $125.00.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for MasTec in the last twelve months. There are currently 2 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" MTZ shares.

According to analysts, MasTec's stock has a predicted upside of 10.01% based on their 12-month stock forecasts.

Over the previous 90 days, MasTec's stock had 1 upgrade by analysts.

Analysts like MasTec more than other "construction" companies. The consensus rating score for MasTec is 2.85 while the average consensus rating score for "construction" companies is 2.61. Learn more on how MTZ compares to other companies.


This page (NYSE:MTZ) was last updated on 12/21/2024 by MarketBeat.com Staff
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