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APi Group boosts growth with acquisitions, raises 2024 sales forecast to $8.775B, eyes $10B by 2028

Analyst Insights
24 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

APi Group has shown strong growth driven by double-digit organic growth and strategic acquisitions including Wtech Fire Group and Onyx-Fire Protection Service. Following these acquisitions, the company raised its full-year 2024 sales guidance twice, now targeting $8.575–$8.775 billion in revenue and $1.165–$1.225 billion in adjusted EBITDA. The stock valuation has become more attractive with shares down from April highs and forward P/E around 20x. The company aims to surpass $10 billion in sales by 2028, supported by strong brands and a proven M&A strategy, making it a compelling investment opportunity.

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