JPMorgan cuts target for Argan stock to USD 785
JPMorgan has lowered its price target for Argan (AGX) stock to USD 785 from USD 800, while maintaining an "Overweight" rating. This adjustment comes as Argan reported strong second-quarter results, with revenue up 61.5% year-over-year to USD 384.0 million and diluted EPS rising to USD 3.76. The company also increased its quarterly dividend by 40% to USD 0.70 per share, indicating robust financial health.
Argan Shares Surge 11.5% as Investors Focus on Impending Earnings and Shareholder Returns
Argan (AGX) shares surged by 11.5% as investors anticipated the company's upcoming earnings report and potential shareholder returns. The company is expected to announce its Q2 2025 earnings per share of $0.62 on revenue of $128.5 million. This surge follows recent insider buying activity and dividend declarations, highlighting a focus on shareholder value.
Argan, Inc. (NYSE:AGX) Stock Has Consensus Target Price of $476.67
Argan, Inc. (NYSE:AGX) has a "Moderate Buy" consensus rating from analysts, with an average 12-month price target of $476.67. The company recently reported strong quarterly earnings, surpassing estimates with EPS of $3.76 and a 61.5% increase in revenue. Argan also raised its quarterly dividend from $0.50 to $0.70 per share.
$1000 Invested In Argan 5 Years Ago Would Be Worth This Much Today
Argan (NYSE: AGX) has significantly outperformed the market over the last five years, with an annualized return of 53.45%. An initial investment of $1000 in AGX five years ago would now be valued at $8,552.71. This demonstrates the power of compounded returns on investment growth.
Argan, Inc. (AGX) options chain
This article provides the options chain for Argan, Inc. (AGX), detailing both call and put options with an expiration date of April 16, 2027. It includes various strike prices, last trade dates, last prices, bid/ask spreads, volume, open interest, and implied volatility for each option. The current stock price of Argan, Inc. is listed at $374.37, and the company recently announced a cash dividend of $0.70 with an ex-date of October 22, 2026.
Return on equity % of Argan, Inc. – HAN:1AW
The article focuses on the Return on Equity (ROE) percentage of Argan, Inc. (HAN:1AW), listed on the Hannover Stock Exchange. It appears to be a financial data page from TradingView, displaying key financial metrics for the company. The content primarily highlights the availability of this specific financial data point for Argan, Inc.
Operating expenses (excl. COGS) of Argan, Inc. – HAN:1AW
This article displays the operating expenses (excluding Cost of Goods Sold) for Argan, Inc., traded under the symbol 1AW on the Hannover Stock Exchange. It is a financial data point presented on the TradingView platform, with no specific numerical value provided in the content. The page also includes general information about Argan, Inc., market data sources, and various TradingView product and community links.
AGX: Record revenue, robust backlog, and strong cash position drive growth and higher dividends
Argan, Inc. (AGX) reported record Q2 FY27 results, including $384M in revenue and $3.76 EPS, supported by a $2.5B project backlog and $1B in cash. The company's growth is fueled by large-scale power, solar, and biofuel projects, a strong balance sheet, and increased dividends. This information is based on an AI-generated summary from Quartr, citing Argan, Inc.'s slides release from September 29, 2026.
Argan Jumps 6.2% After JP Morgan Maintains Overweight
Shares of Argan, Inc. (AGX) surged 6.2% to $377.10 after JP Morgan reiterated its "Overweight" rating on the engineering and construction firm. Despite a slight trim to its price target from $800 to $785, the positive analyst action and maintained bullish stance led to increased investor confidence and trading volume. The market interpreted the maintained rating and high price target as a strong endorsement of Argan's growth potential.
Argan (NYSE:AGX) Stock Price Target Lowered at JPMorgan Chase & Co.
JPMorgan Chase & Co. lowered its price target for Argan (NYSE:AGX) from $800 to $785, while maintaining an "overweight" rating, suggesting a significant upside. Despite the lowered target, analyst sentiment for Argan remains largely positive, with a "Moderate Buy" consensus and an average price target of $476.67 from MarketBeat. The company recently surpassed quarterly earnings and revenue expectations, with its revenue increasing by 61.5% year-over-year.
AGX Maintained by JP Morgan -- Price Target Lowered to $785
JP Morgan has maintained an Overweight rating on Argan Inc (AGX) but lowered its price target from $800 to $785, reflecting a cautious outlook despite the positive rating. Argan Inc is currently priced at $382.64, significantly overvalued compared to its GF Value™ of $241.27, yet it boasts a strong GF Score™ of 91/100, primarily due to high profitability and growth ranks. Investors should be cautious due to the overvaluation and recent insider selling activity totaling over $3.3 million.
Argan's Backlog Is 80% Natural Gas: Is Concentration a Risk?
Argan, Inc. has a backlog that is 80% natural gas projects, totaling $2.5 billion, driven by rising electricity demand. While this concentration offers opportunities due to limited competition in complex gas-fired projects, it also presents risks from potential project delays or policy changes. The company mitigates these risks through renewable energy projects, industrial contracts, and Teledata expansion, with its stock outperforming the industry and showing favorable earnings estimate trends.
Argan, Inc. (AGX) Stock Forecasts
Argus has issued a HOLD rating for Argan Inc (AGX) and lowered its target price to $353.00, down from a previous unspecified target. The report provides subratings across various categories including industry, management, safety, financial strength, growth, and value, ranging from High to Low. Investors are encouraged to upgrade to premium for full access to the research report and more detailed insights.
After an option exercise, Argan (AGX) director Peter Getsinger holds 5,775 shares directly.
Argan (AGX) director Peter W. Getsinger exercised options for 1,000 shares on September 22, 2026, acquiring 895 common shares through net settlement. Following this transaction, he directly holds 5,775 common shares and retains options for an additional 2,000 shares. He also reported indirect holdings of 133 shares in a custody account for a child and 267 shares in a children's trust.
Argan stock advances as earnings beat estimates
Argan, Inc. (AGX) reported strong quarterly earnings per share of USD 3.76, significantly beating the consensus estimate of USD 2.68. The company's market capitalization stands at USD 5.33 billion, and its next earnings report is scheduled for December 3, 2026. This performance highlights the importance of future reports to its valuation given its substantial earnings multiple.
49,204 Shares in Argan, Inc. $AGX Acquired by Bank of America Corp DE
Bank of America Corp DE has acquired 49,204 shares of Argan, Inc. (NYSE:AGX), valued at approximately $39.3 million, making it a new position for the firm in the second quarter. Institutional investors now collectively own 79.43% of Argan. The company recently reported strong quarterly earnings and revenue, exceeding analyst estimates, and increased its quarterly dividend to $0.70 per share, while analysts maintain a "Moderate Buy" consensus rating with an average price target of $437.50.
Argan vs. MYR Group: Which Power Infrastructure Stock Is a Better Buy?
This article compares Argan (AGX) and MYR Group (MYRG), two companies poised to benefit from the growing demand for reliable power and electrical infrastructure. While both are strong contenders in the power infrastructure growth cycle, Argan is highlighted as the better buy due to its stronger Zacks Rank and diversified growth opportunities across its Power, Industrial, and Teledata segments. The analysis delves into each company's case, stock performance, valuation, and EPS estimate trends to support the conclusion.
AGX Stock Price and Chart — NYSE:AGX
This page provides a comprehensive overview of Argan, Inc. (AGX) stock on the NYSE, including its current price, historical performance, key financial metrics, and company information. It also features a collection of trading ideas and analyses from various users on TradingView, along with technical indicators, analyst ratings, and ETFs holding the stock. The article answers frequently asked questions about AGX, covering its stock price dynamics, forecasts, earnings reports, dividends, and market capitalization.
Argan, Inc. Increases Quarterly Dividend by 40% to $0.70 Per Common Share
Argan, Inc. announced a 40% increase in its quarterly cash dividend, raising it from $0.50 to $0.70 per common share, payable on October 30, 2026. This marks the fourth consecutive annual increase, reflecting the company's confidence in its strong growth, profitability, and ability to capitalize on the increasing demand for dispatchable power generation. President and CEO David Watson highlighted the company's focus on disciplined project selection and excellent execution in the growing energy infrastructure market.
Argan, Inc. $AGX Stake Boosted by Amundi
Amundi significantly increased its stake in Argan, Inc. (NYSE:AGX) by 704% in the second quarter, bringing its total holdings to 18,517 shares. This comes as Argan reported strong quarterly earnings, beating estimates with $3.76 EPS and a 61.5% year-over-year revenue increase, leading to an increased quarterly dividend of $0.70 per share. Despite some insider selling, institutional investors now own 79.43% of the stock, and analysts maintain a "Moderate Buy" rating with a consensus price target of $437.50.
Argan, Inc. (NYSE:AGX) Announces Quarterly Dividend of $0.70
Argan, Inc. (NYSE:AGX) has announced a quarterly dividend of $0.70 per share, a 40% increase from its previous dividend of $0.50. The dividend is payable on October 30 to shareholders of record on October 22. The company recently reported strong quarterly earnings of $3.76 per share, significantly beating estimates, and revenue growth of 61.5% year over year.
Here’s How Much You Would Have Made Owning Argan Stock In The Last 15 Years
Argan (NYSE: AGX) has significantly outperformed the market over the last 15 years, achieving an annualized return of 27.59%. An initial investment of $1000 in AGX stock 15 years ago would now be worth $39,501.96. This demonstrates the substantial impact of compounded returns on investment growth over time.
Argan Boosts Quarterly Dividend Amid Ongoing Growth
Argan (AGX) has announced a 40% increase in its quarterly cash dividend, raising it from $0.50 to $0.70 per common share, payable on October 30, 2026. This marks the fourth consecutive annual dividend raise, reflecting the company's confidence in its sustained growth, profitability, and ability to meet strong demand for new dispatchable power generation projects. Despite an analyst rating of "Sell" with a $273.00 price target, TipRanks' AI Analyst, Spark, rates AGX as an "Outperform" due to strong financial performance and a constructive earnings outlook, though it notes weak technical momentum and a relatively expensive valuation.
VIRGINIA RETIREMENT SYSTEMS ET Al Invests $5.09 Million in Argan, Inc. $AGX
Virginia Retirement Systems acquired 6,370 shares of Argan, Inc. (NYSE:AGX) valued at $5.09 million during the second quarter. Other institutional investors have also significantly increased their holdings, contributing to institutional investors and hedge funds owning 79.43% of the company's stock. Despite some insider selling, Argan reported strong quarterly results with revenue up 61.5% year over year and EPS exceeding analyst expectations, leading to a consensus "Moderate Buy" rating among analysts.
California State Teachers Retirement System Boosts Holdings in Argan, Inc. $AGX
The California State Teachers Retirement System significantly increased its stake in Argan, Inc. (NYSE:AGX) by 77,552.2% in the second quarter, now owning 12,498,905 shares valued at nearly $10 billion. Other institutional investors have also adjusted their positions in the construction company, which recently reported strong quarterly earnings exceeding analyst expectations. Argan's stock has seen a 4.8% increase, and analysts have issued a "Moderate Buy" consensus rating with a target price of $437.50.
Wellington Management Group LLP Makes New $12.76 Million Investment in Argan, Inc. $AGX
Wellington Management Group LLP has initiated a new $12.76 million position in Argan, Inc. (NYSE:AGX) during the second quarter, while institutional investors now own 79.43% of the company. Argan recently reported strong quarterly results, with EPS of $3.76 and revenue of $383.98 million, a 61.5% year-over-year increase. Despite insider selling, analysts maintain a "Moderate Buy" rating with an average price target of $470.40.
InvestingPro’s Fair Value spotted Argan overvaluation before 41% drop By Investing.com
InvestingPro's Fair Value models successfully identified Argan Inc. (AGX) as significantly overvalued in early July 2026 when the stock was trading at $706.15. Despite strong fundamental performance, the analysis predicted a substantial decline, with the stock plummeting 41% to $417.99 two months later. This case demonstrates the efficacy of comprehensive valuation analysis in protecting investor capital by identifying stocks trading above their intrinsic worth.
Freedom Broker Turns Bullish on Argan (AGX) After Record Quarter
Freedom Broker has upgraded its rating on Argan (AGX) from Hold to Buy, setting a price target of $700, after the company reported a record-breaking second quarter for fiscal year 2027 with $384 million in revenue and $53 million in net income. Despite strong performance and a $2.5 billion project backlog, the company faces near-term challenges including a potential revenue slowdown in Q3 and lower-than-expected gross margins in the Industrial segment due to cost overruns.
Argan Stock Rises on Q2 Earnings & Revenue Beat, Gross Margin Up Y/Y
Argan, Inc. (AGX) reported a strong beat for its second quarter of fiscal 2027, with both earnings and revenues exceeding analyst expectations and showing significant year-over-year growth. The company's performance was driven by increased activity across all business segments, particularly in Power and Industrial, and its gross margin expanded to 19.3%. Argan's healthy balance sheet, with over $1 billion in cash and investments and no debt, supports its capital deployment strategies, including dividends and share repurchases.
Argan (NYSE:AGX) Upgraded by Lake Street Capital to "Buy" Rating
Lake Street Capital has upgraded Argan (NYSE:AGX) from a "Hold" to a "Buy" rating, setting a $600 price target, which suggests a 46.05% upside. This upgrade follows strong quarterly earnings where Argan surpassed analyst expectations with $3.76 EPS and $383.98 million in revenue, a 61.5% increase year-over-year. Despite significant institutional ownership, company insiders, including the CFO and chairman, have sold a notable amount of shares in the last quarter.
Earnings Flash (AGX) Argan, Inc. Reports Q2 Revenue $384.0M, vs. FactSet Est of $300.5M
Argan, Inc. (AGX) reported Q2 revenue of $384.0 million, significantly surpassing FactSet's estimate of $300.5 million. The company, an engineering and construction firm, also announced adjusted EPS of $3.76, exceeding the estimated $2.64. This positive earnings flash highlights strong financial performance for the quarter.
The Manufacturers Life Insurance Company Takes $6.16 Million Position in Argan, Inc. $AGX
The Manufacturers Life Insurance Company has acquired a new stake of $6.16 million in Argan, Inc. (NYSE:AGX) during the second quarter. Argan reported strong Q2 earnings, with EPS of $3.24 and revenue of $290.95 million, surpassing analyst estimates, and announced a quarterly dividend of $0.50 per share. Institutional investors now collectively own 79.43% of the company, and analysts maintain a "Moderate Buy" rating with a consensus price target of $470.40 despite recent downgrades.
Thornburg Investment Management Inc. Has $7.86 Million Position in Argan, Inc. $AGX
Thornburg Investment Management Inc. reduced its stake in Argan, Inc. (NYSE:AGX) by 60.4% in the second quarter, now holding 9,843 shares valued at $7.86 million. Institutional investors and hedge funds own a significant 79.43% of Argan's stock, despite recent insider selling totaling nearly $87.6 million. Analysts maintain a "Moderate Buy" consensus rating with an average target price of $470.40, even as the stock recently opened down 8.7% and several firms downgraded it to "Hold."
Navellier & Associates Inc. Acquires 8,364 Shares of Argan, Inc. $AGX
Navellier & Associates Inc. increased its stake in Argan, Inc. by 28% in the second quarter, bringing its total holdings to 38,247 shares valued at $30.5 million. Despite institutional ownership of nearly 80% and strong quarterly earnings, the stock saw a decline, and insiders sold significant shares. Analyst ratings generally suggest a "Moderate Buy" with a consensus price target of $470.40, though some firms have downgraded the stock.
Argan stock may move 15% on Sept. 2 earnings release
Argan Inc. (NYSE:AGX) shares are predicted to move up to 15% following its earnings release on September 2, based on options data. Historically, the stock has exceeded options-implied moves in five out of its last eight earnings announcements, with significant jumps observed in the past. However, there have also been instances where the stock moved less than predicted by options.
Invst LLC Buys New Stake in Argan, Inc. $AGX
Invst LLC has acquired a new stake of 3,778 shares in Argan, Inc. (NYSE:AGX) valued at approximately $3.0 million during the second quarter. This move, alongside other institutional investments, has increased institutional ownership of Argan to 79.43%. Despite strong quarterly results that exceeded analyst estimates, insider selling activity totaling $87.6 million over the last 90 days has occurred, and the stock opened down 4%.
95,500 Shares in Argan, Inc. $AGX Acquired by Sculptor Capital LP
Sculptor Capital LP has acquired 95,500 shares of Argan, Inc. (NYSE:AGX) in the second quarter, representing a 0.68% stake valued at approximately $76.3 million. This comes as Argan reported strong quarterly results with EPS of $3.24 and revenue of $290.95 million, exceeding estimates. Despite a 4% stock decline to $450.21, analyst sentiment remains a "Moderate Buy" with a consensus price target of $470.40.
Argan, Inc. $AGX Shares Purchased by Algert Global LLC
Algert Global LLC significantly increased its stake in Argan, Inc. (NYSE:AGX) by 129.7% in the second quarter, bringing its total holdings to 17,369 shares valued at $13.87 million. Other institutional investors like BlackRock and Vanguard also adjusted their positions. Despite substantial insider selling worth $87.6 million, analysts maintain a "Moderate Buy" rating with an average price target of $470.40, following strong quarterly results where Argan exceeded EPS and revenue estimates.
Castleark Management LLC Purchases New Shares in Argan, Inc. $AGX
Castleark Management LLC has acquired a new stake of 5,960 shares in Argan, Inc. (NYSE:AGX), valued at approximately $4,759,000, during the second quarter. Other institutional investors like BlackRock Inc., Vanguard Group Inc., and First Trust Advisors LP also adjusted their holdings in the construction company. Argan recently reported strong earnings, beating analyst estimates, and announced a quarterly dividend, while analysts have issued mixed ratings with a consensus "Moderate Buy" and a target price of $470.40.
A Look at Argan Inc (AGX) After 6.5% Decline -- GF Value $188.45 vs Price $468.98
Argan Inc (AGX) shares declined by 6.5% to $468.98, trading significantly above its GF Value™ estimate of $188.45, indicating it is overvalued. Despite strong financial strength, profitability, and growth, the company's valuation rank is very low, and insiders have sold a substantial amount of shares without any buying activity. Investors are advised to exercise caution due to the high valuation and mixed sentiment among institutional investors.
SurgoCap builds $119.8M Argan stake as insiders cash out
SurgoCap Partners LP has acquired a significant new stake in Argan, Inc. (NYSE:AGX) valued at $119.77 million, making it SurgoCap's 10th-biggest position. This investment comes as Argan reports strong financial performance, including a 50.2% year-over-year revenue increase and beats EPS consensus. However, the move also coincides with notable insider selling, indicating a split opinion on Argan's future trajectory.
SurgoCap Partners LP Invests $119.77 Million in Argan, Inc. $AGX
SurgoCap Partners LP has invested $119.77 million in Argan, Inc. (NYSE:AGX) by purchasing 149,983 shares, making it their 10th largest holding and representing 1.07% of Argan. This comes as Argan reported strong quarterly earnings, beating analyst expectations, and pays a $2.00 annualized dividend. Despite positive analyst sentiment and a "Moderate Buy" rating, company insiders have recently sold a significant amount of stock.
Nicholas Investment Partners LP Takes $11.33 Million Position in Argan, Inc. $AGX
Nicholas Investment Partners LP has acquired a new position in Argan, Inc. (NYSE:AGX) valued at approximately $11.33 million, as part of broader institutional investor activity where hedge funds collectively own 79.43% of the company. Argan recently reported strong quarterly results, with revenue up 50.2% year-over-year and EPS significantly exceeding analyst expectations. Despite recent insider selling and a stock price dip, analysts maintain a "Moderate Buy" consensus rating for the construction company.
OMERS ADMINISTRATION Corp Invests $4.62 Million in Argan, Inc. $AGX
OMERS ADMINISTRATION Corp recently acquired 5,785 shares of Argan, Inc. (NYSE:AGX) worth approximately $4.62 million in the second quarter, increasing institutional ownership to 79.43%. Despite strong quarterly earnings that surpassed analyst estimates, AGX shares dropped 6.5% at opening, coinciding with significant insider selling totaling $87.6 million over the past 90 days. Analysts currently maintain a "Moderate Buy" rating with a target price of $470.40, while the company also offers a quarterly dividend of $0.50 per share.
3,777 Shares in Argan, Inc. $AGX Purchased by Ieq Capital LLC
Ieq Capital LLC has acquired a new position in Argan, Inc. (NYSE:AGX), purchasing 3,777 shares valued at approximately $3.016 million during the second quarter. Other institutional investors also made changes to their holdings. The construction company recently announced a quarterly dividend of $0.50 per share and reported strong quarterly earnings, surpassing analyst estimates.
Argan Slides as Recent Insider Selling and a Rating Cut Weigh on Momentum
Argan, Inc. (AGX) experienced a 6.7% stock decline, attributed to a combination of factors including profit-taking after a strong performance, recent insider selling, and a less bullish analyst rating. This comes despite record first-quarter revenue and a substantial backlog reported in June, indicating the selloff is not linked to operational issues. Insider selling by multiple executives and a shift to a "hold" rating by an analyst service contributed to the negative momentum.
Argan Drops 6.6% Amid Sector-Wide Selling
Argan, Inc. (AGX) experienced a 6.6% drop in its stock price, closing at $468.61, attributed to broad sector weakness impacting engineering and construction firms. This decline was more significant than that of its peers, ECG and LGN, suggesting Argan might be particularly vulnerable to current market headwinds. The sell-off appears to be driven by external sector dynamics rather than company-specific news.
Ranger Investment Management L.P. Purchases New Holdings in Argan, Inc. $AGX
Ranger Investment Management L.P. has acquired a new stake in Argan, Inc. (NYSE:AGX) during the second quarter, purchasing 47,889 shares valued at approximately $38.24 million, making Argan its 6th largest holding. Other institutional investors like BlackRock Inc. and Maverick Capital Ltd. also made significant moves in Argan stock. The article also details Argan's recent financial performance, dividend announcement, insider trading activities, and current analyst ratings.
Bank of New York Mellon Corp Acquires Shares of 165,147 Argan, Inc. $AGX
Bank of New York Mellon Corp recently acquired 165,147 shares of Argan, Inc. (NYSE:AGX) for approximately $131.88 million, representing about 1.18% of the company. Other institutional investors have also adjusted their holdings in Argan. The company recently reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend of $0.50 per share.
William Blair Investment Management LLC Acquires New Shares in Argan, Inc. $AGX
William Blair Investment Management LLC has acquired 30,642 new shares in Argan, Inc. (NYSE:AGX) for approximately $24.5 million, joining other institutional investors who collectively own a significant portion of the company. Despite recent downgrades from some analysts, Argan reported strong quarterly results with a 50.2% increase in revenue year-over-year, surpassing earnings and revenue estimates. However, insider selling has also been noted, with approximately $87.6 million of stock sold by insiders in the last 90 days.
