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LGN

Legence Corp. Class A Common stock

LGN

NASDAQ·Industrials·Engineering & Construction·Mkt cap $6.4B

$52.97

+0.65%

P/E

-77.25

Mkt Cap

$6.4B

52-Wk Range

$26.96–$107.24

52-Week Range

$26.96 - $107.24

P/E

-77.25

Fwd P/E

40.33

Beta

3.06

Div Yield

0.00%

Avg Vol

1.4M

Shares Out

59.4M

Mkt Cap

$6.4B

Price action

Price chart

Up 73.7% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • 110+ year operating history with deep client relationships and industry expertise
  • Integrated service model spanning design, installation, and maintenance creates customer stickiness and recurring revenue
  • Specialized expertise in mission-critical systems for high-growth industries with stringent performance requirements
  • Geographic footprint and scale in high-demand markets like California with exposure to data center and semiconductor booms
  • Recurring maintenance contracts provide revenue stability and predictability

Bear Case

2 risks

  • Very high volatility (beta 3.1). Expect 3x market swings. Position size accordingly.
  • Growth premium of 1.8x vs Construction & Engineering peers. Elevated but may be justified by growth trajectory.

Growth

Turning profitable

Strong revenue growth (22% YoY)

Value

Growth premium of 1.8x vs Construction & Engineering peers. Elevated but may be justified by growth trajectory.

Momentum

Falling

-37.7% over 3m

Quality

Thin

Emerging growth company (79% revenue growth). Early stage with higher risk.

Dividend

None

No dividend

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 13, 2026

Q3 26 RECAP

AUG 13, 2026

Reported EPS of -$0.37 vs $0.37 consensus (-199.7% surprise). Revenue of $1.3B vs $1.1B expected (+17.5%).

EPS miss
Rev beat +17.5%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-199.7%

Revenue trend · last 8Q

+8%

+15%

+51%

+42%

+105%

+111%

Q1 24

Q2 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$468.8M

$520.8M

$506.0M

$598.9M

$708.0M

$737.6M

$1.0B

$1.3B

Margins · last 8Q

Gross

20.4%

Operating

-0.5%

Profit

-2.2%

Wall Street consensus

8 analysts · 88% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

7

88%

Hold

1

13%

Sell

0%

Median Price Target

Latest: Tigress Financial · Aug 19, 2026

vs Industry

How LGN stacks vs Engineering & Construction

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.