NYSE: MTZ

MasTec (MTZ) Stock Analysis & Forecast

Sep 28 close

$204.09−8.76 (−4.1%)

Gekko Brief

AI summary

This week's coverage centers on MasTec's Power Delivery segment and its broader infrastructure positioning, with commentary noting utility infrastructure investment, data center development, and grid modernization as tailwinds, alongside a five-year performance retrospective showing a $100 investment growing to $238.53. A separate piece compares MasTec to peer Primoris within the multi-decade U.S. infrastructure spending cycle. These stories follow the company's record second-quarter results reported 30 July, which included record revenue and a backlog reaching $21.4 billion, up roughly 30% year over year.

MTZ closed at $204.09, down 4.1%, and sits below both its 50-day average of $263.39 and 200-day average of $305.52, with the 50-day below the 200-day. The stock's one-month return stands at -18.7% and its three-month return at -52.4%. The GekkoIndex reads 68.1, placing it in the Accumulation zone. Price sits 23.8% below Gekko Fair Value of $267.66.

The next earnings report is scheduled for 29 October, 30 days out, falling outside a typical 20-trading-day window. Over the last 90 days, Congress recorded 1 buy and 0 sells, and over the last 30 days there was 1 unusual options signal, with put premium of $1,212,000 versus $0 in call premium. Seasonality from this point has averaged -0.8% over the next 20 trading days across 5 years, rising in 2 of them. Analyst coverage from 19 firms shows all 19 rated buy, with a consensus target of $413.80.

Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.

MasTec price vs fair value

$267.66$204.09Sep ’25Mar ’26Sep ’26
Close $204.09200-day averageGekko Fair Value $267.66

MasTec quick facts

Market cap
$16.39B
P/E ratio
33.7
Forward P/E
18.1
EPS, TTM
$6.29
Revenue, TTM
$16.11B
Profit margin
3.1%
Dividend yield
—
Beta
1.82
Volume
1.76M avg 1.53M
1-year return
−0.2%
Typical daily move
±5.6%
Typical 20-day move
±8.7%
50-day average
$263.39
200-day average
$305.52
Next earnings
Oct 29 before open
Shares outstanding
80.31M
52-week range
$182.34$441.43

MasTec swing-trade checklist

MasTec scores 3 supportive, 1 mixed and 2 headwinds across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive1 mixed2 headwinds

  • Trendheadwind

    Below 50 and 200-day

    Close $204.09 is below the 50-day ($263.39) and 200-day ($305.52) averages, and the 50-day is below the 200-day.

    See the chart
  • GekkoIndexsupportive

    68.1, Accumulation

    Reading 68.1 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    23.8% below

    Price is 23.8% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneymixed

    Mixed

    Last 90 days: Congress 1 buy / 0 sales. Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 30 days

    Next report Oct 29, 2026, 30 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalityheadwind

    −0.8% on average

    From this point in the calendar, the next 20 trading days averaged −0.8% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

MasTec stock chart and price history

MasTec closed at $204.09 on Sep 28, 2026, −0.2% over the past year, inside a 52-week range of $182.34 to $441.43.

Close50-day average200-day averageVolume
MasTec share price, past year, with 50-day and 200-day moving averages and volume$300$400NovDecJan 2026FebMarAprMayJunJulAugSep204.09

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−18.7%
3 months
−52.4%
6 months
−35.4%
1 year
−0.2%
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MasTec GekkoIndex: the smart money zone

MasTec’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 68.1, in the Accumulation zone, up 0.4 points over five sessions.

010068.1Accumulation

Up 0.4 points over five sessions.

Reading for Sep 28, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying18+3.0%+6.9%+0.6%+38.6%
Accumulation (current zone)158−0.2%+0.7%+3.6%+12.2%
Neutral380+1.7%+2.9%+5.9%+12.6%
Distribution115+0.6%+1.4%+2.1%+10.9%
Selling1Too few readings yet

Average MTZ share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the MTZ price, zone by zone.Track MTZ in Gekko

Is MasTec stock overvalued? Gekko Fair Value

MasTec trades 23.8% below Gekko Fair Value of $267.66, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what MasTec shares are worth, recalculated every trading day.

$267.66

Gekko Fair Value, Sep 26, 2026

23.8% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open MTZ in Gekko

MasTec insider and Congress trading

No open-market insider purchases were filed for MasTec, and members of Congress disclosed 1 purchase and 0 sales, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for MTZ in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every MTZ insider filing, plotted on the chart in Gekko.Open MTZ in Gekko

Congress trades last 90 days

1trade disclosed: 1 purchase and 0 sales.

MemberTypeAmountDisclosed
Thomas H. Kean
House, NJ, purchase
Purchase$1,001 - $15,000Sep 14
traded Aug 21

From congressional disclosures, which report amounts as ranges.

Buybacks

MasTec has been buying back its own shares.

Bought back, quarter ended Jun 30, 2025
$50.48M
As a share of market cap
0.31%

From company filings.

Unusual options activity last 30 days

1signal, 0% of the flagged premium in calls.

Latest: Bullish flow on Sep 4, $1.21M in unusual premium.

Hedge funds and billionaires quarter ended Jun 30

4of the funds Gekko tracks hold MTZ.

1added0opened3trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

MasTec earnings: next date and track record

MasTec reports on Oct 29, 2026, before the open (30 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±7.8%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+8.3%Oct ’24−1.5%Feb ’25+10.6%May ’25−8.3%Jul ’25−7.8%Oct ’25+4.5%Feb ’26+12.6%Apr ’26−8.5%Jul ’26

Last earnings call, Jul 30, 2026 AI summary

What they said
MasTec reported a strong second quarter with record revenue ($4.37B), adjusted EBITDA ($384M), and adjusted EPS ($2.22), driven by broad-based strength across Power Delivery, Pipeline Infrastructure, and Clean Energy & Infrastructure. Backlog reached a record $21.4B (up ~30% YoY), and book-to-bill exceeded 1.2x. Management highlighted the recent acquisition of Superior Group as additive to margins and growth, and reiterated confidence in medium- and longer-term market fundamentals despite short-term softness in the communications (comms) business. Comms underperformed late in the quarter due to timing and sequencing of wireless spectrum-related builds and a few wireline customer deferrals; management described this as temporary and expects recovery into 2027. Management noted improved visibility since Investor Day, progressive large project pursuits (including mission-critical and hyperscaler opportunities), and expects backlog and margins in core segments to grow later in the year. They also discussed regulatory/permitting considerations for data centers and supply/commodity dynamics, and described integration of Superior as proceeding well.
Guidance
Management provided several forward-looking directional points: 2026 is on track to be a record year; they maintain prior guidance (prudent guidance) for the year but recast second-half expectations after Superior—power delivery full-year margin implied ~9.8%; comms margins expected to improve ~200 bps in second half vs. first half; management expects backlog to grow further and to end the year higher (particularly in power delivery, clean energy & infrastructure, and pipeline); Superior contribution to the second half was described as roughly $800M revenue and ~ $100M EBITDA (management math disclosed as part of guidance discussion). They reiterated 2028 organic targets from Investor Day (Superior incremental to those targets).
Risks flagged
Key risks mentioned include short-term delays and deferrals in communications projects driven by carrier timing and spectrum sequencing, permitting and regulatory risks (including state-level data center moratoria/pauses and potential FCC inverter restrictions), timing of project awards that shift backlog visibility, commodity/energy/ fuel cost pressures, and normal project execution/collection risks for large and international projects.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 30, 2026$2.10
est $2.08
+1.0%$4.37B
est $4.30B
+1.6%−8.5%
Apr 30, 2026$1.39
est $0.83
+67.3%$3.83B
est $3.47B
+10.2%+12.6%
Feb 26, 2026$2.07
est $1.95
+6.2%$3.94B
est $3.72B
+6.0%+4.5%
Oct 30, 2025$2.48
est $2.32
+6.9%$3.97B
est $3.91B
+1.4%−7.8%
Jul 31, 2025$1.49
est $1.41
+5.7%$3.54B
est $3.74B
−5.1%−8.3%
May 1, 2025$0.51
est $0.34
+52.2%$2.85B
est $2.71B
+5.0%+10.6%
Feb 27, 2025$1.44
est $1.28
+12.5%$3.40B
est $3.32B
+2.6%−1.5%
Oct 31, 2024$1.63
est $1.23
+32.5%$3.25B
est $3.32B
−2.1%+8.3%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

MasTec stock forecast and analyst price targets

Analysts’ average 12-month price target for MasTec is $413.80, +102.8% from the last close, from 19 firms rating the stock in the last 90 days.

$413.80consensus 12-month target, +102.8% from the last close
Low $313High $581
Buy19
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 19 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 28Piper SandlerBuy, maintained$313+53.4%
Sep 21J.P. MorganBuy, maintained$369+80.8%
Sep 17GuggenheimBuy, reiterated$518+153.8%
Sep 8Piper SandlerBuy, initiated$321+57.3%
Sep 8Bank of America SecuritiesBuy, initiated$321+57.3%
+3.6%average 20-day move after past Accumulation readings
−0.8%average move over the next 20 trading days in the last 5 years
±5.6%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

MasTec seasonality: the next 20 trading days

Over the next 20 trading days from Sep 29, MasTec averaged −0.8% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

−2.1%2021+15.3%2022−17.8%2023+0.5%2024+1.1%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days+0.7%3 of 5
Next 10 trading days−1.5%2 of 5
Next 15 trading days−0.4%2 of 5
Next 20 trading days−0.8%2 of 5
Next 30 trading days+5.9%3 of 5

For scale, MTZ’s typical 20-trading-day move in either direction is about 8.7%.

MasTec market cap and key statistics

MasTec’s market cap is $16.39B, with a P/E ratio of 33.7 and revenue of $16.11B over the last twelve months.

Valuation

Market cap
$16.39B
P/E ratio
33.7
Forward P/E
18.1
EPS, TTM
$6.29
Gekko Fair Value
$267.66

Trading

Volume
1.76M
Avg volume, 20 days
1.53M
52-week high
$441.43
52-week low
$182.34
Shares outstanding
80.31M

Financials

Revenue, TTM
$16.11B
Profit margin
3.1%
Return on equity
16.2%
Quarterly earnings growth, YoY
+51.4%

Risk and income

Beta
1.82
Typical daily move
±5.6%
Typical 20-day move
±8.7%

MasTec stock news this week

Coverage of MasTec this week reads positive: 2 positive, 1 neutral and 0 negative headlines.

News sentiment positive

MasTec peers

MasTec’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
PWRQuanta Services−0.1%Neutral6.5% above
FIXComfort Systems USA+0.2%Neutral5.6% above
FERFerrovial+0.8%Accumulation20.0% below
EMEEMCOR+0.6%Neutral5.7% above
OTISOtis Worldwide+0.8%Accumulation16.5% below
APGAPi+0.3%Neutral1.2% above

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

MasTec stock FAQ

What is MasTec’s market cap?

MasTec’s market cap is $16.39B at the Sep 28, 2026 close of $204.09, with 80.31M shares outstanding. The shares trade on a P/E ratio of 33.7.

What is the MasTec stock forecast?

The consensus analyst 12-month price target for MasTec is $413.80, +102.8% from the last close. Of the 19 firms that rated the stock in the last 90 days, 19 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is MasTec stock overvalued or undervalued?

On Gekko’s estimate MasTec is undervalued: the Sep 28, 2026 close of $204.09 is 23.8% below Gekko Fair Value of $267.66. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does MasTec report earnings next?

MasTec is expected to report on Oct 29, 2026, before the market opens (30 days away). Analysts expect earnings of $2.96 per share on revenue of $4.94B. MasTec beat the earnings estimate in 8 of its last 8 reports, moving 7.8% on average across the report.

What is MasTec’s 52-week high and low?

MasTec’s 52-week high is $441.43 and its 52-week low is $182.34; it closed at $204.09 on Sep 28, 2026, −0.2% over the past year.

Is MasTec stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and earnings risk), 1 as mixed (smart money) and 2 as headwinds (trend and seasonality). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in MasTec?

Gekko flagged 1 unusual options signal in MasTec over the last 30 days, with $0 of flagged premium in calls and $1.21M in puts. The latest, bullish flow, was on Sep 4, 2026 with $1.21M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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