Goldman initiated coverage on Legence Corp. with a new price target
$LGN
Engineering & Construction
Consumer Discretionary
Goldman initiated coverage of Legence Corp. with a rating of Buy and set a new price target of $37.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/29/2026 | $96.00 | Buy | Loop Capital |
| 11/18/2025 | $49.00 | Hold → Buy | Jefferies |
| 10/24/2025 | $41.00 | Buy | Roth Capital |
| 10/7/2025 | $37.00 | Buy | Goldman |
| 10/7/2025 | $36.00 | Outperform | BMO Capital Markets |
| 10/7/2025 | $38.00 | Outperform | Bernstein |
| 10/7/2025 | $34.00 | Hold | Jefferies |
| 10/7/2025 | $35.50 | Buy | Rothschild & Co Redburn |
Loop Capital initiated coverage of Legence Corp. with a rating of Buy and set a new price target of $96.00
Jefferies upgraded Legence Corp. from Hold to Buy and set a new price target of $49.00
Roth Capital initiated coverage of Legence Corp. with a rating of Buy and set a new price target of $41.00
SAN JOSE, Calif., June 08, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Legence" or the "Company") today provided an update regarding its $995 million term loan credit facility (the "Term Loan"). On June 5, 2026, S&P Global Ratings upgraded the Company's issuer credit rating to BB- from B+, with a positive outlook. As previously disclosed on May 28, 2026, the Company recently entered into an amendment of its credit agreement, providing for a 25 basis point decrease in pricing, with an additional 25 basis point reduction at the time of a ratings upgrade by either major agency. As a result of the credit rating upgrade, pricing on the Term Loan has now declined to Secured Overnight F
SAN JOSE, California, May 28, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Legence" or the "Company") today announced the amendment of its $995 million term loan credit facility, reducing the applicable interest rate to Secured Overnight Financing Rate ("SOFR") plus 2.00%, representing a 25 basis point reduction in pricing. Additionally, the applicable interest rate shall decline further to SOFR plus 1.75%, representing an incremental 25-basis point decrease in pricing, at such time Legence receives a one notch upgrade to its corporate credit rating from either major credit rating agency. The amendment also provides for a reset of the six-month 101% soft call protection applicable
Record Quarterly Revenues of $1.04 Billion, a 105% Increase from a Year Ago Excluding Bowers Acquisition, Revenues (non-GAAP) Grew by 57% from a Year Ago1 Quarterly Adjusted EBITDA (non-GAAP) Increased 132% from Prior Year2 Record Total Backlog and Awards of $5.38 Billion, 104% Increase from a Year Ago, with Q1 Book-to-Bill of 1.2x Establish Second Quarter 2026 Guidance for Revenue of $1.05 Billion - $1.1 Billion and Non-GAAP Adjusted EBITDA of $115 Million - $125 Million Raise Full Year 2026 Guidance for Revenue to $4.1 Billion - $4.3 Billion and Non-GAAP Adjusted EBITDA of $470 Million - $490 Million SAN JOSE, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Le
10-Q - Legence Corp. (0002052568) (Filer)
8-K - Legence Corp. (0002052568) (Filer)
SCHEDULE 13G/A - Legence Corp. (0002052568) (Subject)
4 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
Record Quarterly Revenues of $1.04 Billion, a 105% Increase from a Year Ago Excluding Bowers Acquisition, Revenues (non-GAAP) Grew by 57% from a Year Ago1 Quarterly Adjusted EBITDA (non-GAAP) Increased 132% from Prior Year2 Record Total Backlog and Awards of $5.38 Billion, 104% Increase from a Year Ago, with Q1 Book-to-Bill of 1.2x Establish Second Quarter 2026 Guidance for Revenue of $1.05 Billion - $1.1 Billion and Non-GAAP Adjusted EBITDA of $115 Million - $125 Million Raise Full Year 2026 Guidance for Revenue to $4.1 Billion - $4.3 Billion and Non-GAAP Adjusted EBITDA of $470 Million - $490 Million SAN JOSE, Calif., May 14, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Le
SAN JOSE, Calif., May 04, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Legence" or the "Company") today announced that it will release results for the first quarter ended March 31, 2026 on Thursday, May 14, 2026, prior to the market open. In conjunction with the release, the Company will host an earnings conference call and webcast to review the results and its operations on Thursday, May 14, 2026, at 10:00 am EST. The call will be broadcast live in listen-only mode. The webcast link to the call and the slide presentation to accompany the earnings release can be accessed on the Company's website at https://investors.wearelegence.com/. Shortly after completion of the call, a r
Record Quarterly Revenues of $737.6 Million, a 34.6% Increase from a Year Ago Quarterly Adjusted EBITDA (non-GAAP) Increased 53% from Prior Year1 Record Total Backlog and Awards of $3.7 Billion, 49% Increase from a Year Ago, with Robust Q4 Book-to-Bill of 1.9x Tuck-In Acquisition of Seattle Area-Based Engineering Firm Establish First Quarter 2026 Guidance for Revenue of $925 Million - $950 Million and Non-GAAP Adjusted EBITDA of $90 Million - $100 Million Raise Full Year 2026 Guidance for Revenue to $3.7 Billion - $3.9 Billion and Non-GAAP Adjusted EBITDA of $400 Million - $430 Million SAN JOSE, Calif., March 27, 2026 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Legence" or the