MasTec

MTZ

Market cap $29.9B

MasTec, Inc. MTZ is benefiting from rising investments in U.S. power infrastructure as utilities accelerate spending on grid modernization, transmission upgrades and system reliability projects. Growing electricity demand, particularly from AI-driven data centers, is creating a favorable backdrop for the company's Power Delivery business.

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

The United States infrastructure contracting companies are benefiting from surging investment in power grids, renewable energy, telecom and AI data center buildouts. Market players like Quanta Services, Inc. PWR and MasTec, Inc. MTZ, that compete in utility and energy infrastructure markets, are banking on these long-term tailwinds.

MasTec, Inc. MTZ entered 2026 with exceptional momentum, delivering its strongest first quarter on record and reinforcing its position as a key beneficiary of America's infrastructure investment cycle. The company reported first-quarter 2026 adjusted EPS of $1.39, surging 174% year over year, while revenues climbed 34% to a record $3.83 billion.

MasTec delivered strong Q1 FY26 results, with revenue up 35.4% to $3.83B and adjusted EPS of $1.39, beating consensus. Sustained demand momentum across segments and a record backlog support continued double-digit topline growth in FY26. Continued focus on margin optimization along with a healthy topline growth outlook to drive earnings growth over the coming quarters.

MasTec, Inc. (MTZ) Analyst/Investor Day Transcript

MTZ boosts its 2026 adjusted EBITDA target to $1.5B after a standout Q1, with AI-linked data center and grid work lifting demand and margins.

MasTec, Inc. MTZ reported strong first-quarter 2026 results on April 30, with both earnings and revenues surpassing the Zacks Consensus Estimate. The company also posted solid year-over-year growth across major financial metrics, supported by strong demand trends across communications, clean energy, power delivery and pipeline infrastructure markets.

CORAL GABLES, Fla.--(BUSINESS WIRE)--MasTec, Inc. (NYSE: MTZ) will host an in-person, invitation-only, Investor Day in New York City today beginning at 8:45 a.m. ET, as previously announced. The event is expected to conclude at approximately 12:00 p.m. ET. Presentations will be made by members of MasTec's Senior and Operational Management Teams, providing an in-depth review of MasTec's business strategy, growth drivers and multi-year financial targets. The session will also include a question a.

MTZ's pipeline unit surges in Q1 2026, and management sees $3B+ in revenues in 2027, making a $3.5B return a real upside case.