MasTec (NYSE:MTZ) Releases Q1 2026 Earnings Guidance

MasTec (NYSE:MTZ) updated its first quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.000-1.000 for the period, compared to the consensus earnings per share estimate of 1.420. The company issued revenue guidance of $3.5 billion-$3.5 billion, compared to the consensus revenue estimate of $3.7 billion. MasTec also updated its FY 2026 guidance to 8.400-8.400 EPS.

Analyst Ratings Changes

Several research firms recently commented on MTZ. Zacks Research upgraded shares of MasTec from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Wall Street Zen upgraded MasTec from a “hold” rating to a “buy” rating in a research report on Sunday, February 22nd. Truist Financial raised their target price on MasTec from $253.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, December 18th. Robert W. Baird lifted their price target on MasTec from $238.00 to $249.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Finally, Citigroup increased their price objective on shares of MasTec from $248.00 to $284.00 and gave the stock a “buy” rating in a report on Monday, January 26th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $238.16.

MasTec Trading Up 0.4%

Shares of MasTec stock opened at $291.19 on Friday. The business has a fifty day simple moving average of $244.67 and a two-hundred day simple moving average of $215.54. The company 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. MasTec has a 1 year low of $99.70 and a 1 year high of $295.75.

Trending Headlines about MasTec

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

Hedge Funds Weigh In On MasTec

Several institutional investors and hedge funds have recently added to or reduced their stakes in MTZ. Corient Private Wealth LLC increased its position in shares of MasTec by 231.5% during the fourth quarter. Corient Private Wealth LLC now owns 7,335 shares of the construction company’s stock worth $1,594,000 after buying an additional 5,122 shares during the period. EP Wealth Advisors LLC acquired a new position in MasTec during the fourth quarter worth $441,000. NewEdge Advisors LLC lifted its stake in shares of MasTec by 51.0% in the fourth quarter. NewEdge Advisors LLC now owns 3,417 shares of the construction company’s stock valued at $743,000 after buying an additional 1,154 shares in the last quarter. XTX Topco Ltd bought a new stake in shares of MasTec during the fourth quarter worth about $491,000. Finally, Yaupon Capital Management LP raised its holdings in shares of MasTec by 176.7% in the 4th quarter. Yaupon Capital Management LP now owns 116,993 shares of the construction company’s stock worth $25,431,000 after acquiring an additional 74,717 shares during the last quarter. Institutional investors own 78.10% of the company’s stock.

About MasTec

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.