MasTec (MTZ) Price Target Increased to $206 by UBS Amid Market Improvements

UBS has raised its price target for MasTec (MTZ) from $180 to $206, maintaining a Buy rating. The revision reflects the company's improving performance trends across its primary markets and reliable operational execution. Analysts forecast an average target price of $186.10, implying a 4.74% upside from the current price. The estimated GF Value for MTZ in one year is $131.42, suggesting a 26.03% downside from the current price.

UBS has increased its price target for MasTec (MTZ) from $180 to $206, while maintaining a Buy rating on the shares. This revision reflects the company's improving performance trends across its primary markets and more consistent operational execution, according to the analyst [1].

The decision comes amid strong financial results reported by MasTec for the first quarter of 2025. The company exceeded expectations in revenue, EBITDA, and EPS, with significant growth in non-pipeline segments and a substantial increase in backlog. Additionally, MasTec raised its full-year 2025 revenue guidance to $13.65 billion, up from previous estimates [2].

Analysts are generally optimistic about MasTec's prospects. The average target price forecast by 16 analysts is $186.10, implying a 4.74% upside from the current price of $177.67. However, GuruFocus estimates a GF Value for MTZ in one year at $131.42, suggesting a 26.03% downside from the current price [2].

Despite the positive outlook, MasTec faces challenges in its pipeline segment, which experienced a decline in revenue and profit due to challenging comparisons. Additionally, potential risks from tariff-driven material inflation and unfavorable policy shifts in the renewables market could impact future performance [2].

References:
[1] https://www.tipranks.com/news/the-fly/mastec-price-target-raised-to-206-from-180-at-ubs-thefly
[2] https://www.gurufocus.com/news/2989070/ubs-increases-price-target-for-mastec-mtz-amid-market-improvements-mtz-stock-news