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LGN Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
74.480
Open
70.790
VWAP
72.83
Vol
4.22M
Mkt Cap
7.97B
Low
70.226
Amount
307.37M
EV/EBITDA(TTM)
--
Total Shares
108.04M
EV
8.43B
EV/OCF(TTM)
--
P/S(TTM)
--
Legence Corp. is a provider of engineering, installation and maintenance services for mission-critical systems in buildings. The Company operates through two segments: Engineering & Consulting, and Installation & Maintenance. Its Engineering & Consulting includes Engineering & Design, and Program & Project Management. The Engineering & Consulting segment designs heating, ventilation and air conditioning (HVAC) and other mechanical, electrical and plumbing (MEP) systems for buildings, develops strategies to help reduce energy usage and make buildings more sustainable, and provides program and project management services for clients’ installation and retrofit projects. Its Installation & Maintenance includes Installation & Fabrication, and Maintenance & Service. The Installation & Maintenance segment fabricates and installs HVAC systems, process piping and other MEP systems in new and existing industrial, commercial and institutional buildings.
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Events Timeline

(ET)
2026-04-08
06:00:00
Goldman Sachs Increases Stock Offering Size to 13.4M Shares
select
2026-04-06 (ET)
2026-04-06
09:00:00
U.S. Futures Modestly Higher Amid Oil Volatility
select
2026-04-06
07:30:00
Legence Plans to Sell 11 Million Shares
select
2026-04-06
07:20:00
Legence Files to Sell 11M Shares of Class A Common Stock
select

News

Newsfilter
8.5
04-09Newsfilter
Legence Closes Upsized Secondary Public Offering
  • Offering Size: Legence Corp. successfully closed its upsized secondary public offering of 15,394,112 shares of Class A common stock at a public price of $54.00 per share, indicating sustained market interest in its stock.
  • Underwriter Lineup: The offering was led by Goldman Sachs, Jefferies, and BofA Securities, with participation from numerous financial institutions, reflecting strong market confidence and support for Legence.
  • No Revenue Impact: Legence did not sell any shares in the offering, thus not receiving any proceeds, a strategy that may aim to maintain the company's capital structure and protect shareholder interests.
  • Market Compliance: The offering complied with Section 10 of the Securities Act and was filed with and declared effective by the SEC, ensuring the legality and transparency of the transaction.
seekingalpha
8.5
04-08seekingalpha
Legence Corp. Shares Rise After Oversubscribed Secondary Offering
  • Offering Attracts Investors: Legence Corp.'s $723 million secondary offering was oversubscribed by five times, indicating strong market interest in the building systems and HVAC services sector.
  • Pricing and Market Reaction: Priced at $54 per share, approximately 8% below the closing price on April 2, Legence shares rose about 2.4% in morning trading in New York, reaching $56.28.
  • Long-Term Investors Favored: Most shares were allocated to long-term investors and some existing shareholders, reflecting a preference for stable investors while indicating a trend of large shareholders gradually reducing positions amid market fluctuations.
  • Market Environment Impact: Amid fluctuating market conditions, private equity firms are using discount pricing to attract institutional buyers, and Legence's successful offering further demonstrates investor confidence in the sector.
seekingalpha
8.5
04-08seekingalpha
Legence Prices Upsized Secondary Offering of 13.39M Shares
  • Upsized Offering: Legence announced the pricing of an upsized secondary public offering of 13.39 million shares of Class A common stock at $54.00 per share, significantly increasing from the initially announced size of 11 million shares, indicating strong market demand for the stock.
  • Underwriter Option: Stockholders granted underwriters a 30-day option to purchase up to an additional 2.01 million shares under the same terms, further enhancing market liquidity and investor confidence.
  • No Proceeds for Company: Legence will not sell any shares in this offering and will not receive any proceeds, indicating that the transaction is primarily for shareholder liquidity management rather than company financing needs.
  • Closing Timeline: The offering is set to close around April 9, 2026, reflecting the company's active engagement in the capital markets and confidence in future growth.
NASDAQ.COM
8.5
04-08NASDAQ.COM
Legence Corp. Prices Upsized Secondary Public Offering
  • Upsized Offering: Legence Corp. announced the pricing of an upsized secondary public offering of 13,386,185 shares of Class A stock at $54 per share, indicating strong market demand, with the offering expected to close around April 9.
  • Shareholder Sales: The shares are being sold by stockholders affiliated with Blackstone Inc., reflecting confidence from major shareholders in the company's future while providing liquidity to the market.
  • Underwriter Option: Selling stockholders have granted underwriters a 30-day option to purchase up to an additional 2,007,927 shares on the same terms, further enhancing market interest in the stock.
  • Positive Market Reaction: Following the announcement of the offering, Legence's stock price rose by 3.98% to $57.17 in Nasdaq trading, demonstrating investor optimism regarding the company's prospects.
moomoo
8.5
04-08moomoo
LEGENCE CORP INCREASES SIZE OF SECONDARY OFFERING TO 13,386,185 SHARES PRICED AT $54.00 EACH
  • Company Announcement: Legend Corp has announced a sizable secondary offering of shares.
  • Offering Details: The offering consists of 13,386,185 shares priced at $54.00 per share.
seekingalpha
8.5
04-06seekingalpha
Legence Announces 11M Share Secondary Offering by Blackstone Affiliates
  • Secondary Offering: Legence (LGN) has announced that stockholders affiliated with Blackstone intend to sell 11 million common shares, indicating ongoing market interest in its stock, although the company will not receive any proceeds from this sale.
  • Underwriter Option: The underwriters have a 30-day option to purchase an additional 1.65 million common shares, a provision that could influence the stock's liquidity and supply-demand dynamics in the market.
  • Stock Price Movement: Following the announcement, LGN's stock price fell 4.4% in premarket trading to $56.05, reflecting market concerns regarding the secondary offering, which may exert pressure on the company's short-term stock performance.
  • Market Sentiment: Although this offering will not provide direct benefits to the company, it may impact investor confidence in Legence, particularly concerning its future financial performance and shareholder returns.
Wall Street analysts forecast LGN stock price to rise
11 Analyst Rating
Wall Street analysts forecast LGN stock price to rise
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
37.00
Averages
45.40
High
54.00
Current: 0.000
sliders
Low
37.00
Averages
45.40
High
54.00
Tigress Financial
NULL
to
Buy
upgrade
$60 -> $85
AI Analysis
2026-04-16
New
Reason
Tigress Financial
Price Target
$60 -> $85
AI Analysis
2026-04-16
New
upgrade
NULL
to
Buy
Reason
Tigress Financial raised the firm's price target on Legence to $85 from $60 and keeps a Buy rating on the shares. Legence is uniquely positioned to deliver outsized returns as the premier indirect beneficiary of the explosive AI-driven data center build-out supercycle, with data centers now representing 49% of its record $3.7B backlog, the analyst tells investors in a research note.
Stifel
Brian Brophy
NULL
to
Buy
maintain
$60 -> $77
2026-04-16
New
Reason
Stifel
Brian Brophy
Price Target
$60 -> $77
2026-04-16
New
maintain
NULL
to
Buy
Reason
Stifel analyst Brian Brophy raised the firm's price target on Legence to $77 from $60 and keeps a Buy rating on the shares. The main takeaways from the firm's Q1 electrical and mechanical contractor survey include that overall project activity improved sequentially and was ahead of expectations and that data centers remain an area of significant relative strength, the analyst tells investors in a note on the group.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for LGN
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Valuation Metrics

The current forward P/E ratio for Legence Corp (LGN.O) is 50.76, compared to its 5-year average forward P/E of 38.73. For a more detailed relative valuation and DCF analysis to assess Legence Corp's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
38.73
Current PE
50.76
Overvalued PE
54.25
Undervalued PE
23.21

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
21.06
Current EV/EBITDA
87.19
Overvalued EV/EBITDA
36.36
Undervalued EV/EBITDA
5.75

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.04
Current PS
2.60
Overvalued PS
1.44
Undervalued PS
0.64

Financials

AI Analysis
Annual
Quarterly

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Whales Holding LGN

V
Value Aligned Research Advisors, LLC
Holding
LGN
+28.60%
3M Return
Y
Yaupon Capital Management LP
Holding
LGN
+19.36%
3M Return
M
Merewether Investment Management LP
Holding
LGN
+16.84%
3M Return
B
Blackstone Inc.
Holding
LGN
+8.48%
3M Return
M
Mariner Investment Group, LLC
Holding
LGN
+7.18%
3M Return
G
Ghisallo Capital Management LLC
Holding
LGN
+6.67%
3M Return

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Frequently Asked Questions

What is Legence Corp (LGN) stock price today?

The current price of LGN is 73.77 USD — it has increased 7.22

What is Legence Corp (LGN)'s business?

Legence Corp. is a provider of engineering, installation and maintenance services for mission-critical systems in buildings. The Company operates through two segments: Engineering & Consulting, and Installation & Maintenance. Its Engineering & Consulting includes Engineering & Design, and Program & Project Management. The Engineering & Consulting segment designs heating, ventilation and air conditioning (HVAC) and other mechanical, electrical and plumbing (MEP) systems for buildings, develops strategies to help reduce energy usage and make buildings more sustainable, and provides program and project management services for clients’ installation and retrofit projects. Its Installation & Maintenance includes Installation & Fabrication, and Maintenance & Service. The Installation & Maintenance segment fabricates and installs HVAC systems, process piping and other MEP systems in new and existing industrial, commercial and institutional buildings.

What is the price predicton of LGN Stock?

Wall Street analysts forecast LGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LGN is45.40 USD with a low forecast of 37.00 USD and a high forecast of 54.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Legence Corp (LGN)'s revenue for the last quarter?

Legence Corp revenue for the last quarter amounts to 737.64M USD, increased 34.55

What is Legence Corp (LGN)'s earnings per share (EPS) for the last quarter?

Legence Corp. EPS for the last quarter amounts to -0.55 USD, increased 205.56

How many employees does Legence Corp (LGN). have?

Legence Corp (LGN) has 7000 emplpoyees as of April 20 2026.

What is Legence Corp (LGN) market cap?

Today LGN has the market capitalization of 7.97B USD.