MasTec, Inc. reports record third quarter 2026 revenue of $5.2 billion and updates full year 2026 financial guidance
MasTec, Inc. reported third quarter 2026 revenue of $5.2 billion, representing a quarterly record and a 30% increase ...
Model output · Signal date 2026-11-06
Mastec Inc (MTZ) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Rating · 90D
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90-day forecast
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Alpha
Rank in coverage
of 5150 stocks scored
Rank correlation · 90D
35.0%
Spearman, 357 dates
Market Cap
$13.98B
large-cap · #1 of 7 peers
Summary
Mastec Inc (MTZ) stock forecast summary
Our AI scores Mastec Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Mastec Inc is a large-cap company with a market capitalization of $13.98B. It ranks number 1 by market capitalization among the 7 Water, Sewer, Pipeline, Comm & Power Line Construction issuers in our coverage with a current forecast.
For MTZ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
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Price
MTZ price chart and AI forecast
Cross-section · 2026-11-06
How MTZ ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Fundamentals · 2026-09-30
Mastec Inc (MTZ) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Water, Sewer, Pipeline, Comm & Power Line Construction peers listed below that report each metric.
Valuation & Market
| Metric | MTZ | Rank |
|---|---|---|
| Market Cap | $13.98B | 1/7 |
| P/E Ratio | 31.77x | 2/6 |
| P/B Ratio | 3.45x | 2/6 |
| EPS | $5.48 | – |
| Book Value/Share | $50.46 | – |
| Revenue/Share | $215.37 | – |
| FCF/Share | $5.04 | – |
Profitability & Margins
| Metric | MTZ | Rank |
|---|---|---|
| ROE | 11.9% | 2/5 |
| ROA | 3.4% | 4/5 |
| Gross Margin | 12.7% | 4/6 |
| Net Margin | 2.8% | 4/5 |
| EBT Margin | 3.9% | 4/6 |
| Tax Rate | 21.1% | – |
Financial Health
| Metric | MTZ | Rank |
|---|---|---|
| Current Ratio | 1.39x | 5/7 |
| Quick Ratio | 1.36x | – |
| D/E Ratio | 2.45x | 1/6 |
| Financial Leverage | 3.49x | 1/6 |
| Interest Coverage | 5.0x | 5/5 |
| Working Capital | $1.73B | 2/7 |
Cash Flow
| Metric | MTZ | Rank |
|---|---|---|
| Operating Cash Flow | $761M | 2/6 |
| Free Cash Flow | $405M | 2/6 |
| Capital Spending | -$356M | 6/6 |
| OCF Growth YoY | 18.0% | 3/6 |
| FCF Growth YoY | -2.9% | 3/6 |
| FCF/Sales | 2.3% | 4/6 |
| CapEx/Sales | 2.1% | 4/6 |
Operational Efficiency
| Metric | MTZ | Rank |
|---|---|---|
| Asset Turnover | 1.22x | 4/6 |
| Receivables Turnover | 6.8x | 3/6 |
| Inventory Turnover | 136.5x | – |
| Fixed Assets Turnover | 12.2x | 3/6 |
| Days Sales Outstanding | 54 days | 4/6 |
| Days Inventory | 3 days | – |
| Payables Period | 47 days | 1/5 |
| Cash Conversion Cycle | 9 days | – |
Income Statement
| Metric | MTZ | Rank |
|---|---|---|
| Total Revenue | $17.29B | 1/6 |
| Net Income | $484M | 1/5 |
| Cost of Goods Sold | $15.09B | 1/6 |
Dividend & Shareholder Information
| Metric | MTZ | Rank |
|---|---|---|
| Shares Outstanding | 80M | – |
| Net Income Growth | 46.3% | 3/5 |
| EPS Growth | 37.7% | 3/6 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $6.20B | 43.9% of assets |
| Cash & Short-term Investments | $482M | 3.4% of assets |
| Accounts Receivable | $2.54B | 18.0% of assets |
| Inventory | $111M | 0.8% of assets |
| Total Liabilities | $9.94B | 70.3% of assets |
| Short-term Debt | $2.53B | 17.9% of assets |
Quarterly Financial Reports
MTZ quarterly financials and insider trading
Industry Peers · Water, Sewer, Pipeline, Comm & Power Line Construction
Mastec Inc (MTZ) industry peers
Companies classified under the same SEC industry code as Mastec Inc (Water, Sewer, Pipeline, Comm & Power Line Construction): 7 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Real Estate & Construction · Water, Sewer, Pipeline, Comm & Power Line Construction
News
Mastec Inc (MTZ) stock news
MasTec, Inc. Q3 2026 Earnings Call Summary
Management attributes the record $24.5 billion backlog to a broad-based infrastructure investment cycle, particularly in ...
Brown Advisory Notes a Sharp Decline in MasTec, Inc. (MTZ)
Brown Advisory, an investment management company, released its “Mid-Cap Growth Strategy” Q3 2026 investor letter. A copy of the letter can be downloaded here. The strategy outperformed its benchmark ...
FAQ
Mastec Inc (MTZ) stock forecast FAQ
What is the Mastec Inc (MTZ) stock forecast?
Our AI scores Mastec Inc every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Mastec Inc stock predictions?
For MTZ, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 35.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 2.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Mastec Inc forecasts updated?
Mastec Inc forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Mastec Inc's industry peers?
7 issuers in our coverage, MTZ included, share the SEC industry code Water, Sewer, Pipeline, Comm & Power Line Construction. The largest are: Dycom Industries Inc (DY), Myr Group Inc. (MYRG), Primoris Services Corp (PRIM), Preformed Line Products Co (PLPC), Itg, Inc./De/ (ITG), Energy Services Of America Corp (ESOA).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.