Tigress Financial Partners raised its price target on Legence Corp (NASDAQ:LGN) to $125.00 from an undisclosed prior level while maintaining a Buy rating.
The new target represents a 59% upside from the current price of $78.38. The stock has delivered a 173% return over the past year.
Analysts cited the company's record backlog, high-quality demand, and integrated platform as growth drivers.
Legence is at the center of the AI data center supercycle. Revenue grew 44% in the last twelve months to $3.08 billion.
The company reported Q1 fiscal 2026 EPS of $0.13, beating estimates of $0.08. Revenue was $1.038 billion, up 105% year-over-year.
