$MTZ

MasTec (MTZ) is expanding its infrastructure services into an end-to-end platform, including construction, power, telecom, and pipelines. The acquisition of The Superior Group adds electrical capabilities, enhancing its data center and mission-critical project offerings. With a $21.4B backlog, MTZ faces competition from Quanta Services (PWR) and EMCOR Group (EME). MTZ stock has gained 36% over a year, with a forward P/E of 21.35, and earnings estimates revised for 2026 and 2027.

Analysts updated ratings for industrial goods companies. BMO's Tim Casey maintained a Buy rating on Thomson Reuters (TRI) with a C$165 target. Nano Nuclear Energy (NNE) was rated Hold by Truist's Christopher Souther. Guggenheim's Joseph Osha reiterated a Buy on MasTec (MTZ) with a $518 target. Consensus ratings and price targets were also provided for each company.

U.S. data center power demand is projected to nearly double by 2027, according to Goldman Sachs. Quanta Services (PWR) and MasTec (MTZ) are expanding transmission infrastructure, while Vertiv (VRT) and Bloom Energy (BE) focus on cooling and on-site power generation. These companies are positioned to benefit from AI's growing power needs.

MasTec (MTZ) completed a $647.8M notes offering. Its stock is down 7.39% in one day but up 23.05% year-to-date. Analysts debate its valuation, with some seeing it as undervalued at $427 per share, while others question its high P/E ratio of 44.9x.

U.S. industrial production rose 0.2% in July, below the 0.4% forecast, causing shares of Comfort Systems (FIX), Littelfuse (LFUS), MasTec (MTZ), American Superconductor (AMSC), and AAON to decline. Littelfuse reported strong Q2 results, with revenue up 20.4% YoY and EPS beating estimates by 10.7%.

MASTEC INC (MTZ) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. On August 17, 2026, MasTec, Inc., a Florida corporation (the “Company”), completed its previously announced public offering of $650.0 million aggregate principal amount of its 5.850% senior unsecured notes due 2036 (the “2036

MasTec (NYSE:MTZ) shares rose 10.9% to $297.59 after a week of gains. The company reported Q2 free cash flow of -$59 million, despite a $21.4 billion order backlog (118% of projected 2026 revenue). Q2 revenue rose 23.4% to $4.37 billion and adjusted EBITDA increased 39.8%. MasTec also completed a $1.65 billion Superior Group acquisition.

Goldman Sachs highlighted several stocks as buy ideas after their 2Q earnings, including Loar Holdings, Toast, MasTec, Quanta Services, and Stubhub. For Loar, it cited 2026 revenue, EBITDA and EPS guidance above consensus. For MasTec, Goldman cut its price target to $409 but kept a Buy. For Stubhub, it reiterated a Buy and 12-month PT of $16.

MasTec (MTZ) reported record contracted backlog of $21.4B at end of Q2 2026, up 30% YoY and about 5% sequentially, with a 1.2x book-to-bill. Power Delivery backlog was ~$6.3B, Clean Energy & Infrastructure ~$7.8B, and Pipeline ~$1.8B. Company expects most backlog growth to support 2027 revenues.

MASTEC INC (MTZ) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 MasTec Announces Pricing of $650,000,000 of Senior Notes CORAL GABLES, Fla., August 6, 2026 /PRNewswire/ — MasTec, Inc. (NYSE: MTZ) (“MasTec”) today announced the pricing of its public offering of $650,000,000 aggregate principal amount of senior notes due 2036. The