Legrand Upgrades Data Center Revenue Growth Guidance to 30%

Key Facts

1Legrand upgraded its data center revenue growth guidance to towards 30% from a previous estimate of around 20%.

2Data centers now account for 32% of the company's total revenue, supported by an aggressive M&A strategy.

Legrand upgraded its data center revenue growth guidance to towards 30% from a previous estimate of around 20%. Seeking Alpha reported that data centers now account for 32% of the company's total revenue, supported by an aggressive M&A strategy and strong traction in critical power offerings.

The upgrade is driven by the global boom in data center infrastructure, allowing the company to capture additional market share. LGRDY closed at $31.55 on October 1, 2026, having traded between a low of $31.34 and a high of $31.79 during that session.