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LGLGN

Legence Corp. Class A Common stock

$LGN·$7.7B·Engineering & Construction·Industrials
$53.84-6.5%YTD+54.8%1Y+76.5%
Mentions · last 7 days
2026-08-21: 1 posts2026-08-22: 0 posts2026-08-23: 1 posts5-50%
Price updated 3d ago·X counts updated 8d ago
LGLGN
$LGNLegence Corp. Class A Common stock
$53.85-6.49%5 posts-50%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Today's AI verdict on what's driving $LGN, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeCooling offAI verdict · as of 2026-08-30

Catching its breath after a run — could pick back up or fade from here.

Legence Corp $7.74B +77% TTM — Q1 rev +105%, adj EBITDA +132%, record $5.38B backlog, 'junior FIX' data-center MEP.

Legence Corp is a $7.74B specialty E&C contractor (data-center engineering/MEP). Real-business acceleration — Q1 blowout on datacenter-buildout thesis.

How it reads:

  • Growth is exceptional: Q1 revenue +105% YoY to $1.04B, Q4 was baseline — the acceleration is real off IPO.
  • Margins are contractor-thin: 3.6% operating margin (TTM), 3.2% Q1 op margin, 2.9% FCF yield, 4.6% ROIC.
  • Valuation is stretched: -250x PE (near-zero base), 3.3x sales, 53.7x EV/EBITDA — priced on continued 100%+ growth.
  • Position is weakening: 33rd percentile 52w, 21.9% below 50-day, 13.3% below 200-day on 61% baseline volume — post-print fade.
  • The Q1 blowout: revenue roughly doubling YoY to $1.04B (+104-105%), adjusted EBITDA up ~132%, record $5.38B backlog, raised full-year guidance — shares +9-10%.
  • 'Junior FIX' (Comfort Systems comp) in the data-center engineering/MEP space, surfed the 5-EMA the whole run.
  • Aug 18 executive-officer change (Item 5.02) — the specific governance refresh.
  • BofA holdings increased (Aug 14) plus Dimensional Fund Advisors 10,243 shares (Aug 16) — institutional accumulation.
  • Insider signal is one A-Award (Crisci 2,257 shares) — routine.

The Nov 13 print is the test — reiterated FY26 EBITDA plus specific commentary on record-backlog conversion extends the setup; another sub-100% growth quarter plus continued -22% below 50-day drops to $42 support.

Agrees with X sentimentAgree — the bullish anchors (Q1 revenue roughly doubling YoY to $1.04B +104-105%, adjusted EBITDA up about 132%, record $5.38B backlog, raised full-year guidance sending shares up 9-10%, 'long-term winner' and 'junior FIX' Comfort Systems comp in data-center engineering/MEP, surfed the 5-EMA the whole run) map to real signals; the sample's own caveat is 'margin' worth flagging alongside the -22% below 50-day fade.

What to watch: Nov 13 earnings — reiterated FY26 EBITDA plus specific commentary on record-backlog conversion extends the setup; another sub-100% growth quarter plus continued -22% below 50-day drops to $42 support.

On the calendar: 2026-11-13 — Q3 earnings

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment6 posts analyzed · as of 2026-05-21

Legence is bullish after a blockbuster Q1, with revenue roughly doubling YoY to $1.04B (+104-105%), adjusted EBITDA up about 132%, a record $5.38B backlog and raised full-year guidance, sending shares up 9-10%. Posters call it a 'long-term winner' and a 'junior FIX' (Comfort Systems comp) in the data-center engineering/MEP space, noting it surfed the 5-EMA the whole run. The lone caveat is 'margin cracks' emerging in the legacy business as an acquisition supercharges the top line.

Read the AI verdict + X sentiment for $LGN

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • X crowd read with bullish/bearish call + post volume
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What it does

Plain-English summary of the business — what they sell and how they make money.

Provides HVAC engineering, design, and installation for mission-critical commercial buildings with energy efficiency focus.

Industry overviewAI analysisGenerated by AI from underlying data

Where Engineering & Construction sits in its cycle right now — and what that implies for $LGN.

Engineering & Construction · Industrials

Data center and grid infrastructure construction are the most active verticals; semiconductor fab construction (TSMC Arizona, Intel Ohio) adds a large multi-year project pipeline. Labor and materials cost inflation are the primary execution risks.

What this means for $LGN

Direct beneficiary — semiconductor products are directly in the AI capex supply chain; Legence Corp.

Industry benchmark

18-name peer basket
+42.2%YTD
+55304.4%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-250.1How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
4.6%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
3.6%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
2.9%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
3.3Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-5.4%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
18.6%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.3Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 13, 2026$-0.37$0.37-199.7%
Q1 2026May 14, 2026$0.24$0.21+16.5%
Q4 2025Mar 27, 2026$-0.01$-0.03+66.7%
Q3 2025Nov 14, 2025$-0.02$0.08-124.1%
Next earningsFri, Nov 13·consensus EPS $0.57

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$1.0B+105.1%14.4%3.2%$0.24$102.3M
Q4 FY25$737.6M+41.6%20.0%1.1%$-0.55$81.5M
Q3 FY25$708.0M+51.0%20.9%5.4%$-0.01$89.0M
Q2 FY25$598.9M—21.5%5.2%$-0.05$24.3M

Forward consensus

5-year forecast · up to 11 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$4.3B$4.2B – $4.3B$1.47$1.20 – $1.7611
FY27$4.9B$4.8B – $5.1B$2.03$1.58 – $2.7810
FY28$5.7B$5.3B – $5.9B$2.88$2.56 – $3.196
FY29$6.4B$6.0B – $6.6B$3.72$3.47 – $3.905
FY30$6.6B$6.3B – $6.9B$3.06$2.85 – $3.213

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.6×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.33%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-21.9%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-13.3%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 57.4M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today1.4% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β3.315-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellApr 9Parent Ml Legence10% owner15.4M sh$831.3MSellApr 9Blackstone Ema Iii L.l.c.10% owner15.4M sh$831.3M
+ 13 other (11 awards · 2 conversions) in window

See when $LGN insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

3New insider — initial holdingsAug 203
AI summary

Robert Crisci filed an initial Form 3 for Legence Corp. (LGN) on August 20, 2026, reporting beneficial ownership as of August 18, 2026. No securities are beneficially owned at the time of filing. Routine new officer or director Form 3 with no initial holdings; filed in connection with a new reporting obligation at Legence Corp.

8-KOfficer or director changeAug 188-K — Item 5.02: Officer or director change
AI summary

Legence Corp (LGN) filed an 8-K under Item 5.02 disclosing a change in executive officers or directors. No specific names or effective dates were included in the available excerpt. The filing relates to leadership changes at the company.

8-KOfficer or director changeJun 118-K — Item 5.02: Officer or director change · Item 5.07: Shareholder vote
AI summary

Legence Corp. held its 2026 Annual Meeting on June 11, 2026 (~93% of 108M eligible shares voted). Stockholders approved the Legence Corp. 2026 Employee Stock Purchase Plan (ESPP), which authorizes up to 1,580,053 shares of Class A Common Stock for purchase by eligible employees at a discount under IRC Section 423. The annual meeting also included director elections and other proposals covered under the Item 5.07 disclosure, though specific vote totals for director proposals were truncated in the available excerpt. The ESPP is a standard employee retention and equity-participation tool; the share authorization represents modest potential dilution.

424B4Prospectus supplement (offering)Apr 8424B4
AI summary

LGN filed a 424B4 prospectus supplement dated 2026-04-08, representing an active capital markets transaction. Priced at $0.01 per share. proceeds from the sale of shares in this offering by the selling stockholders. Prior to the consumma. This represents immediate dilution to existing shareholders.

S-1Initial registrationApr 6S-1
AI summary

LGN filed a S-1 (initial registration statement) dated 2026-04-06. An S-1 initiates or updates the registration process for a public offering; a final 424B4 prospectus will confirm pricing and dilution amount.

+ 20 other (5 13Gs · 4 earnings 8-Ks · 2 10-Qs · 2 proxys) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

10,243 Shares in LGN $LGN Purchased by Dimensional Fund Advisors LPdefenseworld.net·15d agoThese Analysts Revise Their Forecasts On Legence Following Q2 Resultsbenzinga.com·17d agoLGN $LGN Holdings Increased by Bank of America Corp DEdefenseworld.net·17d agoLegence Corp. (LGN) Q2 2026 Earnings Call Transcriptseekingalpha.com·18d agoLGN Q2 Earnings Call Highlightsmarketbeat.com·18d ago

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Voices on X · last 7 days

No standout posts about $LGN on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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