Through @GREYxCAPITAL I was referred to
not Marstek Balkon Kraft Werk.
- Jefferies raised its price target for MasTec (NYSE:MTZ) on Friday from
270.00 to
271.00 while maintaining a Buy rating on the infrastructure construction company's stock. MasTec is currently trading at
219,03 $
with analyst targets in the range of
172 $ to 300 $
range. According to data from InvestingPro, the stock has generated an impressive
return of 49.44% last year.
The company cited MasTec's Power Delivery division as a key driver, supported by investments in utilities and transmission projects.
Jefferies also noted that the communications segment is positioned to benefit from fiber expansion for data centers and BEAD (Broadband Equity, Access, and Deployment) initiatives, which offers the greatest upside potential.
This is consistent with MasTec's strong revenue growth of 12.99% over the last twelve months, with total revenue reaching USD 13.76 billion.
Jefferies expects MasTec to capture major pipeline projects with operating leverage in 2027. The firm also highlighted the strength of the CE&I (Civil, Electrical & Infrastructure) backlog, which extends to 2026, with potential pull-forward opportunities in 2027-2028.
The research firm has refined its estimates for 2026 and raised forecasts for 2027-2028. Jefferies expects a strong fourth quarter finish for MasTec and a solid forecast and outlook for fiscal 2026.
Jefferies reiterated its Buy rating on the recent return, noting that its industry reviews across coverage are "heavily focused on wage inflation and the EPC (Engineering, Procurement, and Construction) position in 2026." Jefferies reiterated its Buy rating on the recent return, noting that its industry reviews across coverage are "heavily focused on wage inflation and the EPC (Engineering, Procurement, and Construction) position in 2026."
In other recent news, MasTec reported its Q2 2025 results, highlighting significant growth in both revenue and operating performance. The company's revenue for the quarter reached $3.54 billion, an increase of 20% year-over-year, while adjusted EBITDA was $275 million. Despite these positive earnings results, the company's stock experienced a decline in trading. Analysts were also active, with KeyBanc raising its price target on MasTec to $246 and maintaining an Overweight rating after the company's third quarter results beat consensus estimates. Mizuho also raised its price target to $254, citing MasTec's continued revenue and bookings growth, particularly in its pipeline business. The company noted management's expectation that revenue from the pipeline segment will exceed $3.5 billion per year by around 2027, which exceeds current estimates. These developments point to a focus on strategic investments and continued expansion in MasTec's core areas.
Now? New Year's resolution no more shares there :-(
