MasTec EPS Rises 44% to $2.07 and Backlog Jumps 33%
MasTec reported Q4 2025 EPS of $2.07, a 44% increase driven by a 16% revenue rise to $3.94 billion, beating consensus by 6.05%. Backlog surged 33% to $18.96 billion, buoyed by a 90% jump in pipeline orders, prompting Seaport Global to set a $330 price target.
1. Q4 2025 Financial Performance
MasTec posted Q4 2025 EPS of $2.07, a 44% year-over-year increase, on revenues of $3.94 billion, up 16% and exceeding consensus by 6.05%. This marks the fourth consecutive quarter of earnings and revenue outperformance.
2. Robust Backlog Expansion
Backlog rose 33% to $18.96 billion, driven by a 90% surge in pipeline infrastructure orders. Growth in communications, clean energy, and power delivery sectors underpins the expanded backlog and highlights market demand.
3. Analyst Price Target
Seaport Global set a $330 price target, implying a 10.73% upside from current levels. The forecast reflects confidence in MasTec’s ability to sustain double-digit revenue and backlog growth.
4. Stock Valuation and Market Cap
MasTec shares trade near $298 with a market cap of approximately $23.51 billion, fluctuating between $276.91 and $299.97 during the session. The price movement underscores investor confidence in its strategic positioning.