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NYSE: MTZ
Mastec Inc Stock Forecast, Predictions & Price Target

Analyst price target for MTZ

Based on 12 analysts offering 12 month price targets for Mastec Inc.
Min Forecast
$61.00-27.17%
Avg Forecast
$94.50+12.82%
Max Forecast
$106.00+26.55%

Should I buy or sell MTZ stock?

Based on 12 analysts offering ratings for Mastec Inc.
Strong Buy
Strong Buy
7 analysts 58.33%
Buy
2 analysts 16.67%
Hold
3 analysts 25%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MTZ stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-04-22Find Out Why
lockedlocked$00.00+00.00%2024-03-14
lockedlocked$00.00+00.00%2024-03-08Find Out Why
lockedlocked$00.00+00.00%2024-03-05
lockedlocked$00.00+00.00%2024-03-05Find Out Why
Craig-Hallum
Top 13%
88
BuyUpgrades$96.00+14.61%2024-03-04
TD Cowen
Top 19%
82
BuyMaintains$105.00+25.36%2024-03-04
Baird
Top 7%
94
HoldMaintains$89.00+6.26%2024-03-04
KeyBanc
Top 23%
78
Strong BuyMaintains$97.00+15.81%2024-03-04
Goldman Sachs
Top 5%
96
HoldMaintains$61.00-27.17%2024-02-09

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Forecast return on equity

Is MTZ forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
20.01%

Forecast return on assets

Is MTZ forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

MTZ revenue forecast

What is MTZ's revenue in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$12.6B+4.72%
Avg 2 year Forecast
$13.1B+9.52%
Avg 3 year Forecast
$14.4B+19.76%
MTZ's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MTZ revenue growth forecast

How is MTZ forecast to perform vs Engineering & Construction companies and vs the US market?
Company
5.21%
Industry
3.87%
Market
9.23%
MTZ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MTZ's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MTZ vs Engineering & Construction Stocks

TickerPricePrice TargetUp/downsideConsensus
MTZ$83.76$94.50+12.82%Strong Buy
FLR$39.47$44.00+11.48%Buy
KBR$63.12$73.71+16.78%Strong Buy
STN$78.98N/AN/A
APG$37.21$44.29+19.02%Strong Buy

Mastec Stock Forecast FAQ

Is Mastec Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NYSE: MTZ) stock is to Strong Buy MTZ stock.

Out of 12 analysts, 7 (58.33%) are recommending MTZ as a Strong Buy, 2 (16.67%) are recommending MTZ as a Buy, 3 (25%) are recommending MTZ as a Hold, 0 (0%) are recommending MTZ as a Sell, and 0 (0%) are recommending MTZ as a Strong Sell.

If you're new to stock investing, here's how to buy Mastec stock.

What is MTZ's revenue growth forecast for 2024-2026?

(NYSE: MTZ) Mastec's forecast annual revenue growth rate of 5.21% is forecast to beat the US Engineering & Construction industry's average forecast revenue growth rate of 3.87%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.23%.

Mastec's revenue in 2024 is $11,995,934,000.On average, 3 Wall Street analysts forecast MTZ's revenue for 2024 to be $995,993,495,025, with the lowest MTZ revenue forecast at $990,991,140,794, and the highest MTZ revenue forecast at $998,516,553,873. On average, 4 Wall Street analysts forecast MTZ's revenue for 2025 to be $1,041,570,050,981, with the lowest MTZ revenue forecast at $961,609,365,751, and the highest MTZ revenue forecast at $1,072,918,407,054.

In 2026, MTZ is forecast to generate $1,138,960,011,508 in revenue, with the lowest revenue forecast at $1,138,960,011,508 and the highest revenue forecast at $1,138,960,011,508.

What is MTZ's forecast return on assets (ROA) for 2024-2026?

(NYSE: MTZ) forecast ROA is N/A, which is lower than the forecast US Engineering & Construction industry average of N/A.

What is MTZ's Price Target?

According to 12 Wall Street analysts that have issued a 1 year MTZ price target, the average MTZ price target is $94.50, with the highest MTZ stock price forecast at $106.00 and the lowest MTZ stock price forecast at $61.00.

On average, Wall Street analysts predict that Mastec's share price could reach $94.50 by Apr 22, 2025. The average Mastec stock price prediction forecasts a potential upside of 12.82% from the current MTZ share price of $83.76.

What is MTZ's forecast return on equity (ROE) for 2024-2026?

(NYSE: MTZ) forecast ROE is N/A, which is considered weak.
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