Bottleneck Solvers

BN · rank #10 · 2026-07-24

LR

PARIS · EUR · $40.24B (USD)

SignalSell
verdict · CAUTION

The exact numbers the algorithm saw.

Bottleneck themes
The structural shortage this name supplies into.
AI data center power grid bottleneck
Factor scores and the inputs behind this pick.
Composite score
Z-score blend of the factors below; drives the rank.
-0.27
Forward revenue growth
Consensus forward revenue growth.
+9.4%
Forward net margin
Consensus forward net margin.
+13.5%
Net margin TTM
Trailing twelve month net margin.
+13.2%
Margin expansion
Forward minus trailing net margin (percentage points).
+0.3%
Forward PEG
Forward P/E to growth. Below 1 is cheap for the growth.
1.95
Debt / FCF
Net debt relative to free cash flow. Lower is safer.
4.79×
Analyst upside
Spread between the consensus 12m target and the current price.
+20.6%
Last EPS surprise
Most recent reported EPS versus consensus.
-5%
Market cap (USD)$40.24B

The AI research card

Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.

Summary

Legrand SA (LR@PARIS) makes electrical and digital building infrastructure, with outsized exposure to data center power and energy-transition demand.

Rationale

The stock fits bottleneck_solvers because Q1 showed ~30% like-for-like data center growth, strong North American demand, and management kept 2026 guidance for 10–15% sales growth and 20.5–21% operating margin.

Material risks

  • 1The thesis breaks if hyperscaler/data center capex slows or shifts in-house, since Legrand lacks a sole-source moat and its growth is heavily tied to continued external demand.
  • 2Europe and Rest-of-World are already contracting organically, so a regional mix deterioration or tighter financing for bolt-on M&A could pressure margins and returns.

AI verdict council

Each pick is reviewed independently by 3 models before any order. 1 of 3 voted to proceed.

OpenAI
Proceed
Claude
Caution
Gemini
Error