Core Viewpoint - Truist has raised its price target on APi Group Corporation (NYSE:APG) to $50 from $41, reaffirming its Buy rating and identifying APi as a top pick in the facility services sector for 2026 due to strong project demand and favorable market conditions [1][6]. Group 1: Company Overview - APi Group Corporation operates as a global leader in business services, providing fire and life safety, security, elevator and escalator, and specialty services through a network of over 500 locations worldwide [3]. - The company generates a significant portion of its revenue from recurring, statutorily mandated, and contracted services, serving a diversified customer base across multiple industries [3]. Group 2: Recent Developments - On February 2, APi announced the completion of its acquisition of CertaSite, which enhances its position as a leading safety services provider focused on non-discretionary, regulatory-driven, and recurring revenue streams [2]. - The acquisition of CertaSite is expected to be accretive to APi's shareholder value creation framework, supported by its inspection-led model, strong EBITDA margins, and asset-light structure [2]. Group 3: Market Outlook - Truist views the facility services space favorably heading into 2026, describing it as "largely insulated" from broader macroeconomic swings and AI-related labor market shifts [1]. - The firm anticipates further upside to Street estimates for APi as multiples expand, noting that APi shares still trade at a discount compared to recent private equity deals in the fire safety sector [1].

Core Viewpoint - APi Group Corporation plans to release its financial results for the three months and full year ended December 31, 2025, on February 25, 2026, before market opening [1]. Financial Results Announcement - The financial results will be discussed in a conference call scheduled for 8:30 a.m. (Eastern Time) on February 25, 2026, featuring CEO Russell A. Becker and CFO David Jackola [1]. - Analysts can access the call by registering online, and a replay will be available shortly after the live call [2]. Upcoming Investor Conferences - APi's senior leadership will participate in a fireside chat at the Citi 2026 Global Industrial Tech and Mobility Conference on February 17, 2026, at 1:00 PM ET [3]. - Additionally, they will attend the Barclays 2026 Industrial Select Conference on February 18, 2026, at 7:30 AM ET [3]. - Live webcasts and archived replays of these events will be accessible on APi's Investor Relations page [3]. Company Overview - APi is a global leader in business services, specializing in fire and life safety, security, elevators and escalators, and specialty services, with over 500 locations worldwide [4]. - The company has a strong recurring revenue base and serves a diverse range of long-standing customers across various industries [4]. - APi emphasizes a leadership culture driven by entrepreneurial business leaders to provide innovative solutions [4].