LGN

On August 13, Legence Corp. (NASDAQ:LGN) reported second-quarter results that more than doubled the company’s revenue from a year earlier, a jump big enough to make even seasoned investors do a double take.

Baron Capital, an investment management company, released its Q2 2026 investor letter for the “Baron Small Cap Fund.” Baron Small Cap Fund gained 12.57% (Institutional Shares) in the second quarter, trailing the Russell 2000 Growth Index’s 25.71% return.

Legence (NasdaqGS:LGN) reported material impairments to goodwill and long-lived assets for Q2 2026. The company also revised its full year 2026 revenue guidance upward.

Revenue doubled to $1.3 billion as data center demand drove record backlog.

Legence Corp (LGN) reports 111% revenue growth and boosts full-year outlook amid strong demand across data centers and manufacturing.

Legence LGN (NASDAQ:LGN) reported record second-quarter results as demand for mission-critical building systems remained strong, led by data centers and technology projects, while the company raised its full-year revenue and adjusted EBITDA outlook.

Conestoga Capital Advisors, an asset management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here.

Legence Corp. (NASDAQ:LGN) is one of the 15 Best Data Center Stocks to Buy and Hold for the Next Decade. On June 22, 2026, Barclays raised the firm’s price target on Legence Corp. (NASDAQ:LGN) to $80 from $60 and kept an Equal Weight rating on the shares.