LGN (NASDAQ:LGN) Price Target Raised to $75.00

LGN (NASDAQ:LGN) had its target price hoisted by BTIG Research from $45.00 to $75.00 in a report published on Friday,Benzinga reports. The brokerage currently has a buy rating on the stock.

LGN has been the topic of a number of other research reports. Barclays upped their target price on shares of LGN from $37.00 to $45.00 and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Weiss Ratings started coverage on LGN in a report on Wednesday, January 14th. They issued a “sell (d+)” rating for the company. Tigress Financial upped their price objective on LGN from $54.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Guggenheim increased their target price on LGN from $53.00 to $68.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Stifel Nicolaus lifted their target price on LGN from $50.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, January 26th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $59.67.

LGN Stock Performance

NASDAQ LGN opened at $54.75 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 1.57. LGN has a 12 month low of $26.96 and a 12 month high of $60.50. The company’s fifty day moving average is $51.16.

Institutional Investors Weigh In On LGN

Several institutional investors and hedge funds have recently bought and sold shares of LGN. Assetmark Inc. bought a new position in LGN in the fourth quarter worth about $31,000. Aster Capital Management DIFC Ltd bought a new position in shares of LGN during the fourth quarter valued at approximately $64,000. Kestra Advisory Services LLC bought a new position in shares of LGN during the fourth quarter valued at approximately $91,000. Clearstead Advisors LLC acquired a new stake in shares of LGN during the 4th quarter worth approximately $140,000. Finally, Comerica Bank acquired a new stake in shares of LGN during the 4th quarter worth approximately $192,000.

Trending Headlines about LGN

Here are the key news stories impacting LGN this week:

• Positive Sentiment: Record backlog, revenue and upgraded guidance: Legence reported record Q4 revenue of $737.6M (≈+34.5% YoY), record backlog and awards of $3.7B, and raised full‑year 2026 guidance to $3.7B–$3.9B in revenue with higher adjusted EBITDA targets — a clear growth and backlog beat that supports higher forward visibility. GlobeNewswire: Legence Reports Fourth Quarter and Year End 2025 Financial Results
• Positive Sentiment: Strong profitability metrics and near-term guidance: Management cited a ~53% increase in quarterly adjusted EBITDA (non‑GAAP) and provided Q1 2026 guidance (revenue $925M–$950M; adj. EBITDA $90M–$100M), which underpins the bullish outlook from investors. GlobeNewswire: Guidance and EBITDA
• Positive Sentiment: Analyst upgrades and higher price targets: BTIG raised its target to $75 (buy) and Guggenheim to $68 (buy), reinforcing analyst optimism and likely adding buying momentum. Benzinga: Analyst Price Target Notes
• Neutral Sentiment: Market reaction / news coverage: Multiple outlets highlighted the backlog, revenue surge and guidance lift, which contributed to intraday buying interest. Blockonomi: Coverage of Post‑Earnings Move
• Negative Sentiment: Big EPS miss: Legence reported EPS of ($0.55) vs. consensus ~$0.05 — a significant shortfall that raises questions on near‑term margins, non‑cash items or one‑time charges despite strong revenue growth. MarketBeat: Earnings Details & Call
• Negative Sentiment: Large insider/institutional selling: Recent filings and coverage note substantial share sales by major holders (EMA III / Blackstone / Parent ML), which can add supply pressure and weigh on sentiment even after strong operational results. QuiverQuant: Insider & Institutional Activity

LGN Company Profile

Legence Corp. is a provider of engineering, consulting, installation and maintenance services for mission-critical systems in buildings. The company specializes in designing, fabricating and installing complex HVAC, process piping and other mechanical, electrical and plumbing systems. Legence Corp. is based in SAN JOSE, Calif.