Lincoln International jumps after strong first quarterly results as public company
LCLN•Analyst commentary and ratings
"Sentiment heading into today's print wasn't especially bullish given concerns around sponsor middle-market M&A. We'd expect shares to trade well today if management backs up the strong headline results with conviction on the 2H26 ramp and the state of their deal backlog," Evercore analyst Benjamin Rubin said.
Three of seven analysts rate the stock "strong buy" or "buy" and four "hold"; the median price target is $27, according to data compiled by LSEG.
As of the last close, the stock was up 3.7% since its May IPO.
Revenue growth and debt repayment
Investment banking advisory revenue soared 56% to $177.7 million from a year ago.
In Q2, LCLN used a portion of IPO proceeds to repay about $195.8 million of debt tied to the MarshBerry acquisition.
Shares rise after strong first-quarter results as a public company
Investment bank Lincoln International's shares gained 14.4% to $23.75 after strong first quarterly results as a public company.
LCLN reported Q2 adjusted EPS of 26 cents, well above Wall Street estimates of 13 cents, according to LSEG-compiled data.
