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Updated 1h ago
LGN logo

Legence Corp.NasdaqGS:LGN Stock Report

Market Cap US$5.9b
Updated 1h ago
Share Price
n/a
1Y78.1%
7D-1.5%
1D2.0%
Portfolio Value
​
View

Legence Corp.

NasdaqGS:LGN Stock Report

Market Cap: US$5.9b

  • Company Overview
    • Valuation
    • Future Growth
    • Past Performance
    • Financial Health
    • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Legence (LGN) Stock Overview

Provides engineering, installation, and maintenance services for mission-critical systems in buildings in the United States. More details

LGN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 38.7% below our estimate of its fair value

Earnings are forecast to grow 47.76% per year

Earnings have grown 44.3% per year over the past 5 years

Analysts in good agreement that stock price will rise by 83.7%

Risk Analysis

Volatile share price over the past 3 months compared to the US market


LGN Community Fair Values

Create Narrative

See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystHighTarget
55.4% undervalued intrinsic discount
AnalystHighTarget
•3mo ago

Legence Stock Will Ride Data Center Demand And Modular Fabrication Tailwinds

9
0
1
AN
AnalystConsensusTarget
45.8% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Data Center Backlog And Modular Capacity Will Support Durable Multi Sector Demand

20
0
3
AN
AnalystLowTarget
30.3% undervalued intrinsic discount
AnalystLowTarget
•15d ago

Modular Fabrication And Data Center Demand Will Drive Balanced But Limited Upside Potential

15
0
0

Top Analyst Narratives

AN
AnalystHighTarget
55.4% undervalued intrinsic discount
AnalystHighTarget
•3mo ago

Legence Stock Will Ride Data Center Demand And Modular Fabrication Tailwinds

9
0
1
AN
AnalystConsensusTarget
45.8% undervalued intrinsic discount
AnalystConsensusTarget
•1mo ago

Data Center Backlog And Modular Capacity Will Support Durable Multi Sector Demand

20
0
3
AN
AnalystLowTarget
30.3% undervalued intrinsic discount
AnalystLowTarget
•15d ago

Modular Fabrication And Data Center Demand Will Drive Balanced But Limited Upside Potential

15
0
0
View all narratives

Legence Corp. Competitors

Everus Construction Group

Symbol: NYSE:ECG
Market cap: US$5.8b

Argan

Symbol: NYSE:AGX
Market cap: US$5.4b

Construction Partners

Symbol: NasdaqGS:ROAD
Market cap: US$5.4b

SOLV Energy

Symbol: NasdaqGS:MWH
Market cap: US$5.2b

Price History & Performance

Summary of share price highs, lows and changes for Legence
Historical stock prices
Current Share PriceUS$55.80
52 Week HighUS$107.24
52 Week LowUS$29.00
Beta0
1 Month Change-10.71%
3 Month Change-34.79%
1 Year Change78.10%
3 Year Changen/a
5 Year Changen/a
Change since IPO82.95%

Recent News & Updates

User avatar
Narrative Update • Sep 03

LGN: Raised 2026 Revenue Guidance Will Drive Repriced Upside Potential

Analysts have revised their price target for Legence to $80. This reflects updated assumptions for slightly lower revenue growth, a higher discount rate, improved profit margins, and a lower future P/E multiple.
Seeking Alpha • Sep 02

Legence: Expecting A Bounce Back In 2027

Summary Legence Corp. is rated a Strong Buy, driven by robust earnings growth and integration benefits from the Bowers Group acquisition. Despite margin pressure from Bowers, LGN raised guidance, now targeting $450 million adjusted EBITDA in 2026 and trading at an attractive 9.39x EV/EBITDA. Private equity selling, notably Blackstone reducing its stake from 72% to 47%, has weighed on sentiment but does not reflect LGN’s growth trajectory. Data center construction tailwinds and improved borrowing conditions position LGN for significant EPS expansion, with sector outperformance likely over the next 3–4 years. Read the full article on Seeking Alpha
Analysis Article • Aug 16

Legence Corp. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Investors in Legence Corp. ( NASDAQ:LGN ) had a good week, as its shares rose 3.2% to close at US$66.38 following the...
User avatar
Narrative Update • Aug 14

LGN: Expanded 2026 Revenue Outlook Will Support Higher Future Pricing

Analysts have revised their price target on Legence to $103 from $106.41 after updating assumptions for slightly lower revenue growth, a marginally higher discount rate and a lower future P/E multiple, while keeping profit margin expectations broadly similar. What’s in the News for Legence Legence issued revised earnings guidance for full year 2026, with expected total revenue of $4.7b to $4.8b, compared with the prior range of $4.1b to $4.3b.

Recent updates

User avatar
Narrative Update • Sep 03

LGN: Raised 2026 Revenue Guidance Will Drive Repriced Upside Potential

Analysts have revised their price target for Legence to $80. This reflects updated assumptions for slightly lower revenue growth, a higher discount rate, improved profit margins, and a lower future P/E multiple.
Seeking Alpha • Sep 02

Legence: Expecting A Bounce Back In 2027

Summary Legence Corp. is rated a Strong Buy, driven by robust earnings growth and integration benefits from the Bowers Group acquisition. Despite margin pressure from Bowers, LGN raised guidance, now targeting $450 million adjusted EBITDA in 2026 and trading at an attractive 9.39x EV/EBITDA. Private equity selling, notably Blackstone reducing its stake from 72% to 47%, has weighed on sentiment but does not reflect LGN’s growth trajectory. Data center construction tailwinds and improved borrowing conditions position LGN for significant EPS expansion, with sector outperformance likely over the next 3–4 years. Read the full article on Seeking Alpha
Analysis Article • Aug 16

Legence Corp. Reported A Surprise Loss, And Analysts Have Updated Their Forecasts

Investors in Legence Corp. ( NASDAQ:LGN ) had a good week, as its shares rose 3.2% to close at US$66.38 following the...
User avatar
Narrative Update • Aug 14

LGN: Expanded 2026 Revenue Outlook Will Support Higher Future Pricing

Analysts have revised their price target on Legence to $103 from $106.41 after updating assumptions for slightly lower revenue growth, a marginally higher discount rate and a lower future P/E multiple, while keeping profit margin expectations broadly similar. What’s in the News for Legence Legence issued revised earnings guidance for full year 2026, with expected total revenue of $4.7b to $4.8b, compared with the prior range of $4.1b to $4.3b.
User avatar
Narrative Update • Jul 10

LGN: AI Demand And Backlog Expansion Will Support Higher Future Pricing

Analysts have lifted their price target for Legence from approximately $100.12 to about $106.41, citing updated assumptions for revenue growth, profit margins, and future P/E levels as the key drivers of this change. What’s in the News for Legence Barclays raised its price target on Legence Corp.
User avatar
Narrative Update • Jun 26

LGN: Future Guidance And Equity Offering Will Shape Balanced Risk Outlook

Analysts have lifted their price target for Legence to $87.25 from $78.70, citing updated assumptions that include slightly refined discount rates, expectations for modestly higher revenue growth, a small improvement in forecast profit margins, and a higher future P/E multiple. What’s in the News for Legence Legence issued earnings guidance for the second quarter of 2026, with total revenues expected in a range of US$1.05b to US$1.1b.
User avatar
New Narrative • Jun 17

Legence Stock Will Ride Data Center Demand And Modular Fabrication Tailwinds

Catalysts About Legence Legence provides engineering, installation, fabrication and maintenance services for mission critical building systems across data centers, technology, healthcare, education, life sciences and public sector clients. What are the underlying business or industry changes driving this perspective?
User avatar
New Narrative • Jun 02

Modular Fabrication And Data Center Demand Will Drive Balanced But Limited Upside Potential

Catalysts About Legence Legence provides engineering, installation, maintenance and fabrication services for mission critical building systems across sectors such as data centers, technology, healthcare, education and government. What are the underlying business or industry changes driving this perspective?
Analysis Article • May 21

We Think Legence's (NASDAQ:LGN) Profit Is Only A Baseline For What They Can Achieve

Even though Legence Corp. ( NASDAQ:LGN ) posted strong earnings, investors appeared to be underwhelmed. We did some...
User avatar
New Narrative • May 19

Data Center Backlog And Modular Capacity Will Support Durable Multi Sector Demand

Catalysts About Legence Legence provides engineering, installation, fabrication, and maintenance services for mission critical building systems across sectors such as data centers, technology, healthcare, life sciences, education, and government. What are the underlying business or industry changes driving this perspective?

Shareholder Returns

LGNUS ConstructionUS Market
7D-1.5%-1.2%0.5%
1Y78.1%29.6%12.0%

Return vs Industry: LGN exceeded the US Construction industry which returned 29.6% over the past year.

Return vs Market: LGN exceeded the US Market which returned 12% over the past year.

Price Volatility

Is LGN's price volatile compared to industry and market?
LGN volatility
LGN Average Weekly Movement10.8%
Construction Industry Average Movement9.5%
Market Average Movement6.8%
10% most volatile stocks in US Market15.2%
10% least volatile stocks in US Market2.9%

Stable Share Price: LGN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: LGN's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19147,000Jeff Sprauwww.wearelegence.com

Legence Corp. provides engineering, installation, and maintenance services for mission-critical systems in buildings in the United States. The company operates through two segments, Engineering & Consulting, and Installation & Maintenance. The Engineering & Consulting segment designs HVAC and other MEP systems for buildings, develops strategies to help reduce energy usage and make buildings more sustainable and provides program and project management services for client’s installation and retrofit projects.

Legence Corp. Fundamentals Summary

How do Legence's earnings and revenue compare to its market cap?
LGN fundamental statistics
Market capUS$5.91b
Earnings (TTM)-US$19.06m
Revenue (TTM)US$3.75b
1.1x
P/S Ratio
-225.1x
P/E Ratio

Is LGN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGN income statement (TTM)
RevenueUS$3.75b
Cost of RevenueUS$3.04b
Gross ProfitUS$701.93m
Other ExpensesUS$720.99m
Earnings-US$19.06m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)-0.25
Gross Margin18.74%
Net Profit Margin-0.51%
Debt/Equity Ratio104.3%

How did LGN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/18 22:04
End of Day Share Price 2026/09/18 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Legence Corp. is covered by 19 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam SeidenBarclays
"Adam SeidenBarclays
Charles Albert DillardBernstein

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