Mastec Inc is a diversified infrastructure engineering and construction company that specializes in providing services related to the development of telecommunications, energy, and utility infrastructure. The company engages in the planning, building, and maintaining of critical infrastructure systems, including networks for telecommunications, natural gas, and electric utilities. With a strong emphasis on innovation and technology, Mastec also focuses on renewable energy projects, assisting in the transition towards more sustainable energy solutions. Its operations encompass a wide range of services, from heavy civil construction to operational support, making it a key player in the infrastructure sector. Read More
Infrastructure construction company MasTec (NYSE:MTZ) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 22% year on year to $3.97 billion. The company’s full-year revenue guidance of $14.08 billion at the midpoint came in 0.6% above analysts’ estimates. Its non-GAAP profit of $2.48 per share was 7.7% above analysts’ consensus estimates.
Wall Street saw a cautious tone on Thursday as major tech-heavy indexes edged lower, weighed down by mixed earnings from the mega-caps and the lingering impact of hawkish remarks from Fed Chair Jerome Powell th
Shares of infrastructure construction company MasTec (NYSE:MTZ)
fell 7.2% in the afternoon session after reports indicated the U.S. government was considering new trade restrictions. The report stated that the administration was weighing restrictions on software exports to China, which renewed investor worries about trade. This news sparked a sell-off on Wall Street that hit most large-cap stocks and dragged down major indexes. In a session where volatility resurfaced, the tech-heavy Nasdaq 100 slipped 1.2% as the negative sentiment spread across the market. Gold and cryptocurrencies also slid, showing broad risk-off sentiment among investors.
The U.S. construction industry is navigating a complex landscape, maintaining a stable backlog of approximately 8.5 months as of October 21, 2025. This figure, reported by the Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI), suggests a degree of resilience within the sector, yet it masks a
As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the engineering and design services industry, including MasTec (NYSE:MTZ) and its peers.
MasTec, Inc. (NYSE: MTZ) will release its third quarter financial results on Thursday, October 30, 2025 after the market close. In addition, MasTec’s senior management will host a webcast to review these results on Friday, October 31, 2025, at 9:00 a.m. ET.
Shares of infrastructure construction company MasTec (NYSE:MTZ)
jumped 1.5% in the morning session after several investment firms raised their price targets on the stock, pointing to a positive outlook for the infrastructure construction company. KeyBanc increased its price target to $236 from $205, citing what it called a "revamped growth story" supported by improved momentum in the company's Telecom and Pipeline divisions. Similarly, Barclays raised its price target by 20% to $240, while keeping an "Overweight" rating on the shares. These moves were part of a broader trend of positive sentiment, as other firms also expressed confidence in MasTec's prospects. For instance, Wolfe Research had recently upgraded the stock to "Outperform," and Stifel had also lifted its price target.
Transcat Inc. (NASDAQ: TRNS), a key player in accredited calibration services and the distribution of precision test and measurement instruments, is strategically positioned to capitalize on the anticipated surge in infrastructure spending. As nations, particularly the United States through initiatives like the Infrastructure Investment and Jobs Act (IIJA), commit billions
A number of stocks jumped in the afternoon session after a softened tone from President Donald Trump on U.S.-China relations boosted investor sentiment. The positive shift followed a weekend post on Truth Social where Trump stated, "Don't worry about China, it will all be fine!" and expressed a desire to help rather than hurt the country's economy. This statement provided significant relief to markets that had ended the prior week with steep losses. In response, the Nasdaq Composite jumped 2.2%, the S&P 500 gained 1.6%, and the Dow Jones Industrial Average closed 1.3% higher, as investors' fears of escalating trade tensions subsided.
Exciting developments are taking place for the stocks in this article.
They’ve all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns.
Quanta Services (NYSE: PWR) is experiencing a significant stock breakout, with its shares reaching new highs as of October 8, 2025. This remarkable surge is directly attributable to the escalating global demand for Artificial Intelligence (AI) infrastructure, positioning Quanta Services as a critical enabler in the AI revolution. The company's
Each stock in this article is trading near its 52-week high.
These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.
