LGN (NASDAQ:LGN) Price Target Raised to $125.00

Posted by on May 19th, 2026

LGN (NASDAQ:LGN – Get Free Report) had its price target lifted by research analysts at Tigress Financial from $85.00 to $125.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Tigress Financial’s price target would indicate a potential upside of 59.09% from the company’s previous close.

A number of other research firms have also weighed in on LGN. Stifel Nicolaus upped their price objective on LGN from $58.00 to $60.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Guggenheim lifted their target price on LGN from $53.00 to $68.00 and gave the company a “buy” rating in a report on Thursday, March 26th. BTIG Research lifted their target price on LGN from $75.00 to $120.00 and gave the company a “buy” rating in a report on Thursday, May 14th. BMO Capital Markets lifted their target price on LGN from $63.00 to $100.00 and gave the company an “outperform” rating in a report on Friday. Finally, Zacks Research lowered LGN from a “strong-buy” rating to a “hold” rating in a report on Thursday, March 26th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, LGN presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.40.

Check Out Our Latest Research Report on LGN

LGN Stock Performance

Shares of LGN traded down $4.74 during midday trading on Tuesday, hitting $78.57. 341,084 shares of the stock were exchanged, compared to its average volume of 1,481,444. LGN has a 52-week low of $26.96 and a 52-week high of $107.24. The stock’s fifty day moving average is $68.53. The firm has a market cap of $8.49 billion and a price-to-earnings ratio of -7,904.00. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.06.

LGN (NASDAQ:LGN – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.06). The firm had revenue of $1.04 billion during the quarter. The business’s revenue was up 105.2% on a year-over-year basis. As a group, equities research analysts forecast that LGN will post 1.29 EPS for the current fiscal year.

Hedge Funds Weigh In On LGN

A number of hedge funds and other institutional investors have recently made changes to their positions in LGN. Assetmark Inc. acquired a new stake in LGN in the fourth quarter valued at about $31,000. Aster Capital Management DIFC Ltd acquired a new stake in LGN in the fourth quarter valued at about $64,000. KBC Group NV acquired a new stake in LGN in the first quarter valued at about $66,000. Kestra Advisory Services LLC acquired a new stake in LGN in the fourth quarter valued at about $91,000. Finally, Clearstead Advisors LLC acquired a new stake in LGN in the fourth quarter valued at about $140,000.

LGN Company Profile

(Get Free Report)

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.

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Analyst Recommendations for LGN (NASDAQ:LGN)

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