Legence Corp. upgraded by Jefferies with a new price target
$LGN
Engineering & Construction
Consumer Discretionary
Jefferies upgraded Legence Corp. from Hold to Buy and set a new price target of $49.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 10/7/2025 | $36.00 | Outperform | RBC Capital Mkts |
SAN JOSE, Calif., Dec. 09, 2025 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Legence" or the "Company") today announced that selling stockholders affiliated with Blackstone Inc. (the "Selling Stockholders") intend to offer and sell 7,000,000 shares of Legence's Class A common stock, par value $0.01 ("Common Stock") in a secondary underwritten public offering. In connection with the offering, the Selling Stockholders are expected to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of Common Stock on the same terms and conditions. Legence is not selling any shares of Common Stock in the offering and will not receive any proceeds from the sale of sh
DENVER, Dec. 2, 2025 /PRNewswire/ -- Eight Quarter Advisors ("EQA"), is pleased to announce its role as the sell-side transaction advisor to Innovative Mechanical & Design, LLC ("IMD") in its acquisition by Blackstone-backed Legence Corp. (NASDAQ:LGN) ("Legence"), a national provider of MEP engineering, consulting, installation, and maintenance services for mission-critical systems. Serving some of the world's most technically demanding sectors, Legence counts over 60% of the Nasdaq-100 Index among its clientele. Based in Northern Colorado, IMD has rapidly grown to become one
Record Quarterly Revenues of $708.0 Million, a 26% Increase from a Year Ago Quarterly Adjusted EBITDA (non-GAAP) Increased 39% from Prior Year Record Total Backlog and Awards of $3.1 Billion, 29% Increase from a Year Ago, with Robust Book-to-Bill of 1.5x Signed Definitive Agreement to Acquire Bowers, a Premier Mechanical Contractor in the Northern Virginia/DC MetroArea for Total Consideration of $475 Million Tuck-In Acquisitions of Engineering Firm and Mechanical Contractor Provide Cross Selling Opportunities andAccess to Strategic End Markets Total Debt and Net Debt (non-GAAP) Declines to $836 Million and $650 Million, respectively, on IPO Proceedsand Strong Cash Generation1 Establish Fourt
3 - Legence Corp. (0002052568) (Issuer)
3 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
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
Goldman initiated coverage of Legence Corp. with a rating of Buy and set a new price target of $37.00
4 - Legence Corp. (0002052568) (Issuer)
S-1 - Legence Corp. (0002052568) (Filer)
8-K - Legence Corp. (0002052568) (Filer)
8-K - Legence Corp. (0002052568) (Filer)
SAN JOSE, Calif., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Legence Corp. (NASDAQ:LGN) ("Legence" or the "Company") today announced that it will release results for the third quarter ended September 30, 2025 on Friday, November 14, 2025, 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 Friday, November 14, 2025, 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 call remarks can be accessed on the Company's website at https://investors.wearelegence.com/. Shortly after completion of t