Loop Capital initiated coverage on Legence Corp. with a new price target
$LGN
Engineering & Construction
Consumer Discretionary
Loop Capital initiated coverage of Legence Corp. with a rating of Buy and set a new price target of $96.00
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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 |
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
MELROSE PARK, IL, May 07, 2026 (GLOBE NEWSWIRE) -- Illinois Shines program supports a 1.62 MW rooftop community solar project in Melrose Park, IL2 million kWh generated annually, powering 200+ homes and delivering 10–20% utility bill savings to subscribersLocated in an Environmental Justice and Energy Community, promoting equitable clean energy access for low-to-moderate income households Summit Ridge Energy, the nation's leading commercial solar and energy storage company, today held a ribbon-cutting ceremony in Melrose Park, IL, to celebrate the completion of a 1.62 MW rooftop community solar project. Developed in collaboration with LBA Logistics (LBA), a full-service real es
4 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
4 - Legence Corp. (0002052568) (Issuer)
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
10-Q - Legence Corp. (0002052568) (Filer)
8-K - Legence Corp. (0002052568) (Filer)
SCHEDULE 13G/A - Legence Corp. (0002052568) (Subject)
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