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APi Group Corp. (NYSE:APG) is one of the 8 best construction & engineering stocks to buy according to Wall Street.
On March 17, APi Group Corp. (NYSE:APG) executives outlined their path towards exceeding $10 billion in revenue by 2028 at JPMorgan’s Industrials Conference. The company targets 60% recurring revenue and more than 16% in adjusted EBITDA margin.
Chief Financial Officer David Jackola emphasized a decentralized model across more than 500 locations. A cost-saving program of around $125 million was also implemented in the organization’s Chubb International business unit. The percentage of data center revenue grew to 8% in 2025 and is expected to reach 10% in 2026.
One of the several key initiatives taken by the company leaders was a heavy investment in AI-related technology, such as those that help keep track of customer attrition, as well as voice recording for field service technicians. According to Jackola, the company would invest in bolt-on acquisitions of companies dealing in fire safety, as well as elevators, with a target of reaching $1 billion in elevator platform sales.
APi Group Corp. (NYSE:APG) delivers building safety and infrastructure services worldwide. It provides technologies for fire protection, security systems, and elevators and escalators. It serves sectors including healthcare end markets, critical infrastructure, and high-tech services by offering them development, maintenance, and monitoring of life safety systems.
While we acknowledge the potential of APG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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