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Legence Corp. Class A Common stock
LGN
NASDAQ·Industrials·Engineering & Construction·Mkt cap $9.7B
$75.83
▼ -5.21%
View full research view
Our plain-language verdict, the thesis, risk factors, and what is changing about the business.
View research view52-Week Range
$26.96 - $107.24
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 162.3% 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
- High volatility (beta 2.9). Larger-than-normal price swings expected.
- Growth premium of 2.2x vs Construction & Engineering peers. Elevated but may be justified by growth trajectory.
Growth
Turning profitable
Strong revenue growth (22% YoY)
Value
Growth premium of 2.2x vs Construction & Engineering peers. Elevated but may be justified by growth trajectory.
Momentum
Hot
+36.3% over 3m
Quality
Thin
Emerging growth company (105% revenue growth). Early stage with higher risk.
Dividend
None
No dividend
Smart-money signal
Who's buying LGN right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Latest print - beat on both lines
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Jun 26, 2026
MAY 14, 2026
Reported EPS of $0.24 vs $0.19 consensus (+26.3% surprise). Revenue of $1.0B vs $931.1M expected (+11.5%). Beat on both top and bottom lines.
EPS surprise · last 4Q
1 of 1 beats
Q2 26
+26.3%
Next: Jun 26, 2026
Revenue trend · last 7Q
—
—
+8%
+15%
+51%
+42%
+105%
Q1 24
Q2 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
$468.8M
$520.8M
$506.0M
$598.9M
$708.0M
$737.6M
$1.0B
Margins · last 7Q
Gross
—
Operating
—
Profit
1.6%
Wall Street consensus
8 analysts · 88% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
88%
Hold
13%
Sell
0%
Median Price Target
$96.00
▲ +26.6% vs $75.83
Latest: Guggenheim · $106.00 · May 22, 2026
8 analysts covering