Buy now: price ($45.49) is sitting near key support (S1 ~45.62) with RSI(6) ~35.8 (washed-out/near-oversold), creating a decent impatient entry near support.
Street is leaning bullish with multiple recent price-target raises and mostly Buy/Outperform ratings; average tone supports upside from current levels.
Main near-term risk: MACD histogram is negative and worsening, so momentum can stay heavy; however, support proximity makes this a reasonable buy-right-now setup rather than waiting for a perfect turn.
Momentum: MACD histogram -0.372 and negatively expanding = bearish momentum still building (near-term pressure).
RSI: RSI_6 at 35.776 = weak/near-oversold but not a clean reversal signal yet; supports a “buy near support” thesis.
Levels: Pivot 48.785 overhead (a reclaim would be bullish). Immediate support S1 45.621 (price is essentially testing it). Next support S2 43.667 if S1 fails. Resistance levels: R1 51.949, R2 53.903.
Tape context: Regular session -1.00% and pre-market -2.39% indicates sellers active, but it also improves entry location if support holds.
Activity: Today’s options volume 83 with 72.17% vs 30-day average and open interest elevated (today vs OI avg 156.02) = attention picking up.
Volatility: 30D IV 75.88 vs HV 72.8 (IV slightly above realized) with IV percentile 64.71 = options pricing expects continued movement; sentiment still favors upside via calls.
Net income: -0.576M, -46.81% YoY (still slightly loss-making; profitability not yet clean).
EPS: -0.01 (roughly flat/unchanged), consistent with “growth-first, margins improving but not fully flowing to bottom line yet.”
Growth
Profitability
Efficiency
Analyst Ratings and Price Target Trends
Recent trend: clear wave of upward revisions—Goldman (PT to $52, Buy), Stifel (PT to $58, Buy), Tigress (PT to $60, Buy), with multiple earlier raises (RBC/BMO/BofA/Jefferies) after strong public-company results.
Mix of views: Predominantly Buy/Outperform; one notable more cautious stance is Barclays at Equal Weight (PT raised to $45 from $37), implying less upside conviction near-term.
Wall Street pros: strong revenue/EBITDA narrative, data center/AI infrastructure exposure, and perceived M&A value creation.
Wall Street cons: expectations may be building after repeated target raises; initial outlooks for 2026 could be conservative (per Barclays), and profitability is not yet robust.
Wall Street analysts forecast LGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LGN is 45.4 USD with a low forecast of 37 USD and a high forecast of 54 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
11 Analyst Rating
Wall Street analysts forecast LGN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LGN is 45.4 USD with a low forecast of 37 USD and a high forecast of 54 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 44.430
Low
37
Averages
45.4
High
54
Current: 44.430
Low
37
Averages
45.4
High
54
Goldman Sachs
NULL -> Buy
upgrade
$46 -> $52
AI Analysis
2026-01-28
Reason
Goldman Sachs
Price Target
$46 -> $52
AI Analysis
2026-01-28
upgrade
NULL -> Buy
Reason
Goldman Sachs raised the firm's price target on Legence to $52 from $46 and keeps a Buy rating on the shares.
Stifel
Buy
maintain
$50 -> $58
2026-01-26
Reason
Stifel
Price Target
$50 -> $58
2026-01-26
maintain
Buy
Reason
Stifel raised the firm's price target on Legence to $58 from $50 and keeps a Buy rating on the shares. The firm sees opportunity for its electrical and mechanical contractor coverage to outperform consensus expectations in Q4, noting that its survey work found that overall activity improved sequentially and was ahead of expectations, the analyst tells investors.
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