Added to YB: 2026-02-12
Pitch date: 2025-11-25
LGN [bullish]
Legence Corp.
+17.56%
current return
Author Info
No bio for this author
Company Info
Legence Corp. provides engineering, installation, and maintenance services for mission-critical systems in buildings in United States.
Market Cap
$3.2B
Pitch Price
$45.61
Price Target
90.00 (+68%)
Dividend
N/A
EV/EBITDA
16.27
P/E
-153.85
EV/Sales
1.86
Sector
Construction and Engineering
Category
growth
Legence Corp. - $LGN
LGN: Recent Blackstone IPO of HVAC co w/ 50% data center exposure (60% YoY growth). Trades 12x 2026 PF EBITDA vs comps at 14-20x (EMCOR, FIX, PWR). Q3: 26% rev growth, >$1B orders (+40% YoY), I&M margins up to 16.3%. Mgmt guides 15% organic growth 2026. Upside: re-rate to 15x on $650M 2029 EBITDA = 2x/3yr. Risk: data center slowdown.
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