Brokerages Raise MasTec's Target Price to $309.50

Analysts see strong growth potential for the infrastructure construction company.

Apr. 19, 2026 at 9:07am

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A photorealistic studio still life featuring a metal wrench, hardhat, and rolled-up blueprint on a clean, monochromatic background, conceptually representing the tools and preparation required for large-scale infrastructure projects.Precision tools and planning documents symbolize MasTec's expertise in complex infrastructure construction.Today in Miami

Shares of MasTec, Inc. (NYSE:MTZ) have been assigned a 'Moderate Buy' consensus rating by 20 brokerages covering the stock. Analysts have raised the average 1-year price target to $325.33, with several firms increasing their individual price targets to over $350.

Why it matters

MasTec is a major player in the infrastructure construction industry, providing services across sectors like communications, oil and gas, power transmission, and renewable energy. Strong analyst sentiment and rising price targets indicate confidence in the company's growth potential.

The details

The analysts cited MasTec's diverse service offerings, strategic acquisitions, and execution in key end markets as reasons for their optimism. Several firms, including Citigroup and KeyCorp, have raised their price targets to $350 or higher in recent months.

  • Analysts have issued reports on MasTec's stock over the past year.
  • The company reported Q4 2025 earnings on February 26, 2026.

The players

MasTec, Inc.

A diversified infrastructure construction company that provides engineering, fabrication, installation and maintenance services across a broad range of end markets.

Citigroup

A global financial services company that has raised its price target and rating on MasTec.

KeyCorp

A major regional bank that has also increased its price target and rating on MasTec.

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What’s next

MasTec is expected to report its Q1 2026 earnings in the coming weeks, which will provide further insight into the company's performance and growth outlook.

The takeaway

The strong analyst sentiment and rising price targets for MasTec reflect the company's positioning as a leading infrastructure construction firm with diverse service capabilities and growth potential across its end markets.