AGXAGXIndustrials · Engineering & Construction

AGX Stock Forecast: Argan, Inc. Price Predictions for 2026-2027

Last close, 12 Oct 2026
$388
−1.20% on the day

The 6 Wall Street analysts covering Argan, Inc. hold a median 12-month price target of $583 — +50.2% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 97 of 100 as at 12 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.

Market cap
$5.5B
Ticker Nerd rank
97 / 100
Median analyst target
$583
Analysts covering
6
Revenue$384.0M+61.5% y/y
Operating income$56.8M
Net income$53.3M
Free cash flow$91.7M
Quarterly, 8 quarters to 31 July 2026 · latest quarter's figure shown
Total return, dividends reinvested
1W
+0.0%
1M
−6.2%
YTD
+24.2%
1Y
+52.2%
From 52W high
−51.4%
From 52W low
+45.6%
$266
$798
52-week range, adjusted closes · the dot is the last close
Ticker Nerd rank

AGX stock analysis: one number for the whole business

Consensus tells you what everyone already believes. The model scores Argan, Inc. on its factor families — the same systematic rank behind the Ticker Nerd portfolio.

Where the model ranks itAs at 12 Oct 2026
97 / 100

Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested

Revisions
97
Quality
95
Accruals
87
Momentum
82
Value
76
Growth
71
Volatility
69
Issuance
42
Size
22

Revisions (97): Analysts have, on balance, been raising their forecasts.

Issuance (42): The company has been issuing shares or taking on financing, diluting existing holders.

Size (22): Larger than most of the companies we track — more scrutinised, less often mispriced.

Built and run by Aslam Ghouse, an ex-Goldman Sachs quant trader with fourteen years in markets.

Wall Street

AGX stock forecast 2026-2027: analyst price targets & predictions

The bullish and bearish analyst opinions on AGX, reported as data — targets and ratings, the market's view beside the model's.

Share price and the analyst range, 12 monthsAdjusted close, US dollars
$200$300$400$500$600$700$800Jan 26Apr 26Jul 26Oct 26AGXHigh $785Median $583Low $273

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Data provided by Twelve Data

What Wall Street says6 analysts
4 Buy1 Hold1 Sell
Low $273Median $583High $785

The green dot is the last close — the median target sits +50.2% from it.

Recent analyst actionsNewest first
DateFirmActionRatingTarget
29 Sept 2026JP MorganMaintainsOverweight$800 → $785
9 Sept 2026Piper SandlerInitiatesUnderweight—
9 Sept 2026Piper SandlerInitiatesUnderweight$273
3 Sept 2026Lake StreetUpgradeBuy—
3 Sept 2026Lake StreetUpgradeBuy$600
5 June 2026Lake StreetMaintainsHold$375 → $600
5 June 2026Lake StreetMaintainsHold—
27 Mar 2026Goldman SachsMaintainsBuy—
27 Mar 2026JP MorganUpgradeOverweight—
27 Mar 2026Lake StreetMaintainsHold—
10 Mar 2026Freedom BrokerInitiatesHold—
10 Mar 2026Freedom Capital MarketsInitiatesHold$425
5 Dec 2025Lake StreetDowngradeHold—
1 Dec 2025JP MorganDowngradeNeutral—
10 Nov 2025GLJ ResearchUpgradeBuy—
13 Oct 2025JP MorganUpgradeOverweight—
22 Sept 2025GLJ ResearchInitiatesHold—
5 Sept 2025Lake StreetMaintainsBuy—
21 July 2025JP MorganInitiatesNeutral—
5 June 2025Lake StreetMaintainsBuy—

Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.

Market Radar

This page is one stock. Monday covers all of them.

Computed off the Friday close and sent before the US open.

Market Radar reports the week’s largest rank changes across roughly 4,600 US stocks, the factor behind each one, and where the market went. AGX appears on the weeks it earns a place.

Free, every Monday. Unsubscribe any time.

Performance

AGX vs the S&P 500

Both lines are total return — dividends reinvested — so the comparison is honest on both sides.

Over the twelve months to 12 Oct 2026, Argan, Inc. returned +52.2% against +20.4% for the S&P 500, dividends included.

AGX vs S&P 500, last 12 monthsTotal return, rebased to 100
100150200250Jan 26Apr 26Jul 26Oct 26AGXS&P 500

Download this chart as an image — free to reuse; link this page as the source.

Data provided by Twelve Data

Estimates

AGX analyst estimate revisions

Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.

Which way the estimates are movingNext fiscal year
EPS revision, 90 days
+8.4%
Analysts raising
2
Analysts cutting
0
Fundamentals

Argan, Inc. (AGX) financial data

A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.

Valuation
Trailing P/E
30.8×

Cheaper than 25% of US stocks

Price / sales
4.6×

Cheaper than 26% of US stocks

Price / book
10.8×

Cheaper than 8% of US stocks

EV / EBITDA
24.3×

Cheaper than 11% of US stocks

Growth & margins
Revenue growth (YoY)
61.5%

Higher than 88% of US stocks

Earnings growth (YoY)
51.1%

Higher than 75% of US stocks

Gross margin
19.3%

Higher than 20% of US stocks

Operating margin
14.8%

Higher than 72% of US stocks

Net margin
15.1%

Higher than 78% of US stocks

Returns & dividend
Return on equity
39.8%

Higher than 91% of US stocks

Return on assets
10.0%

Higher than 92% of US stocks

Dividend yield
0.5%

Higher than 66% of US dividend payers

Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.

Key statistics

Argan, Inc. (AGX) statistics: revenue, profit & scale

The headline figures, each with its date. Every row carries its own link — cite it straight from here.

  • Argan, Inc. has a market value of $5.5B and an enterprise value of $4.5B.

  • Revenue in the twelve months to 31 July 2026: $1.2B. The latest quarter grew 61.5% year on year.

  • Net income over the same four quarters: $179.3M, a 15.1% net margin.

  • Diluted earnings per share, trailing twelve months: $12.64.

  • Free cash flow in the twelve months to 31 July 2026: $545.7M.

  • Argan, Inc. spent $12.5M on share buybacks and $28.1M on dividends in the twelve months to 31 July 2026.

  • Shares outstanding: 14.0M.

  • Trailing P/E: 30.8×; forward P/E: 24.2× — the forward figure prices analyst consensus estimates, not reported earnings.

  • Forward dividend yield: 0.52%, paying out 16% of earnings.

  • Argan, Inc. employs 1,409 people — $843K of revenue per employee.

Statement figures: company filings via Twelve Data, four quarters to 31 July 2026 · market figures as at 13 Oct 2026

Data provided by Twelve Data

Peers

AGX vs competitors

The nearest names by industry and size, scored by the same model — like for like.

Its peer group, ranked by the same modelEngineering & Construction
CompanyMarket capTKN rank
AGXArgan, Inc.$5.5B
97
LGNLegence Corp.$5.3B
31
GVAGranite Construction, Inc.$4.9B
76
MYRGMYR Group, Inc.$4.9B
99
ROADConstruction Partners, Inc.$4.9B
67
ECGEverus Construction Group, Inc.$6.1B
90
PRIMPrimoris Services Corp.$4.5B
30

Look up any of the roughly 4,600 stocks we score.

The rank is the raw material. Whether the rules would actually own Argan, Inc. — and when they’d sell — is the membership. See the Ticker Nerd 20 →

News

Latest AGX news & analysis

Argan Stock Surges 25% YTD: Is the Rally Still Worth Chasing?

Zacks Investment Research · 12 Oct 2026positive

Argan shares gained 25.3% year to date in 2026, outperforming the Zacks Building Products - Miscellaneous industry's 10.7% decline, the Zacks Construction sector's 1.1% decline, and the S&P 500 Index's 14.6% gain.

Why it matters — The performance figures show how AGX has compared with its industry, sector, and the broader market so far this year.

Can Argan Leverage Its Financial Strength to Support Business Growth?

Zacks Investment Research · 9 Oct 2026positive

The article examines whether AGX can use its $1 billion in cash and investments to support sustained growth, citing the ValCor acquisition, shareholder returns and expansion plans as examples of its financial flexibility.

Why it matters — AGX watchers may find the discussion relevant to how the company’s financial resources relate to its growth initiatives and shareholder returns.

Implied Volatility Surging for Argan Stock Options

Zacks Investment Research · 9 Oct 2026neutral

Zacks Investment Research says implied volatility in Argan (AGX) stock options has been surging, citing recent movements in the options market.

Why it matters — AGX watchers may want to note the recent options-market activity highlighted by the report.

Here's Why Argan (AGX) is a Strong Momentum Stock

Zacks Investment Research · 8 Oct 2026positive

Zacks Investment Research framed Argan (AGX) as a strong momentum stock and pointed readers to Zacks Style Scores as a way to identify stocks with strong market performance.

Why it matters — The item signals a positive momentum-oriented view of AGX based on Zacks Style Scores.

Argan's 2026 Outlook: $2.5 Billion Project Backlog Drives Reliable Power Infrastructure Expansion

The Motley Fool · 7 Oct 2026positive

Argan reports a $2.5 billion project backlog supported by demand for critical power infrastructure. The company also has a debt-free balance sheet, which the excerpt says provides resilience through volatile construction project cycles.

Why it matters — The backlog and debt-free balance sheet are relevant indicators of project demand and financial resilience for AGX watchers.

FAQ

Frequently asked questions about AGX stock

What is the AGX stock price forecast for 2026-2027?

The 6 Wall Street analysts covering Argan, Inc. have a median 12-month price target of $583, with estimates ranging from $273 to $785. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.

Is AGX stock a buy right now?

Of the 6 analysts covering Argan, Inc., 4 rate it a Buy, 1 a Hold and 1 a Sell. Ticker Nerd's systematic factor model ranks Argan, Inc. 97 out of 100 across roughly 4,600 US stocks as at 12 Oct 2026. None of this is personal advice — it does not consider your circumstances.

How does Ticker Nerd's model rank AGX?

As at 12 Oct 2026, Argan, Inc. ranks 97 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Revisions (97 of 100).

Will AGX stock go up?

No one can know that. What the data says: the median 12-month target from 6 analysts implies +50.2% from the last close, and Ticker Nerd's factor model ranks Argan, Inc. 97 out of 100 as at 12 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.

What is the AGX stock forecast for 2030?

No analyst covering Argan, Inc. publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for AGX are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $273 to $785 over the next 12 months.

How has AGX stock performed over the past year?

Argan, Inc. returned +52.2% over the 12 months to 12 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.

What does Argan, Inc. do?

Argan Inc. is a U.S.-based engineering and construction company that provides specialized services through its subsidiaries across the power, industrial, and telecommunications infrastructure markets.

What is the latest news on AGX?

The most recent item we track (Zacks Investment Research, 12 Oct 2026): "Argan Stock Surges 25% YTD: Is the Rally Still Worth Chasing?". Argan shares gained 25.3% year to date in 2026, outperforming the Zacks Building Products - Miscellaneous industry's 10.7% decline, the Zacks Construction sector's 1.1% decline, and the S&P 500 Index's 14.6% gain.

Company

About Argan, Inc.

Argan Inc. is a U.S.-based engineering and construction company that provides specialized services through its subsidiaries across the power, industrial, and telecommunications infrastructure markets. The company focuses on engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting for energy-related facilities, including conventional and renewable power generation projects. Its industrial services support plant construction, turnaround work, shutdowns, emergency mobilizations, and metal fabrication for complex industrial operations. Argan also delivers telecommunications infrastructure services such as underground and aerial cabling, utility construction, and network connectivity solutions for commercial, government, and technology customers. Headquartered in Arlington, Virginia, Argan Inc. plays a broad role in supporting critical energy and infrastructure projects across the United States and selected international markets.

CEO Mr. David Hibbert Watson CPA · 1,409 employees · United States · https://www.arganinc.com