AGXIndustrials · Engineering & ConstructionThe 5 Wall Street analysts covering Argan, Inc. hold a median 12-month price target of $700 — +67.6% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 90 of 100 as at 29 Aug 2026 — among the strongest tenth. Here, the model and the Street point the same way.
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.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Quality (95): The business earns solid, repeatable profits on what it owns.
Issuance (40): 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.
The bullish and bearish analyst opinions on AGX, reported as data — targets and ratings, the market's view beside the model's.
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
The green dot is the last close — the median target sits +67.6% from it.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 5 June 2026 | Lake Street | Maintains | Hold | $375 → $600 |
| 27 Mar 2026 | Goldman Sachs | Maintains | Buy | — |
| 27 Mar 2026 | JP Morgan | Upgrade | Overweight | — |
| 27 Mar 2026 | Lake Street | Maintains | Hold | — |
| 10 Mar 2026 | Freedom Broker | Initiates | Hold | — |
| 10 Mar 2026 | Freedom Capital Markets | Initiates | Hold | $425 |
| 5 Dec 2025 | Lake Street | Downgrade | Hold | — |
| 1 Dec 2025 | JP Morgan | Downgrade | Neutral | — |
| 10 Nov 2025 | GLJ Research | Upgrade | Buy | — |
| 13 Oct 2025 | JP Morgan | Upgrade | Overweight | — |
| 22 Sept 2025 | GLJ Research | Initiates | Hold | — |
| 5 Sept 2025 | Lake Street | Maintains | Buy | — |
| 21 July 2025 | JP Morgan | Initiates | Neutral | — |
| 5 June 2025 | Lake Street | Maintains | Buy | — |
| 28 Mar 2025 | Lake Street | Upgrade | Buy | — |
| 6 Dec 2024 | CJS Securities | Downgrade | Market Perform | — |
| 3 Dec 2024 | Lake Street | Downgrade | Hold | — |
| 7 June 2024 | Lake Street | Maintains | Buy | — |
| 12 Apr 2024 | Lake Street | Maintains | Buy | — |
| 28 Mar 2018 | Lake Street | Upgrade | Buy | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
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.
Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 28 Aug 2026, Argan, Inc. returned +73.4% against +19.9% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 19% of US stocks
Cheaper than 23% of US stocks
Cheaper than 8% of US stocks
Cheaper than 9% of US stocks
Higher than 86% of US stocks
Higher than 84% of US stocks
Higher than 23% of US stocks
Higher than 73% of US stocks
Higher than 78% of US stocks
Higher than 91% of US stocks
Higher than 91% of US stocks
Higher than 9% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
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 $5.9B and an enterprise value of $4.9B.
Revenue in the twelve months to 30 Apr 2026: $1.0B. The latest quarter grew 50.2% year on year.
Net income over the same four quarters: $161.3M, a 15.5% net margin.
Diluted earnings per share, trailing twelve months: $11.38.
Free cash flow in the twelve months to 30 Apr 2026: $486.9M, after $5.9M of capital spending.
Argan, Inc. spent $6.0M on share buybacks and $26.2M on dividends in the twelve months to 30 Apr 2026.
Trailing P/E: 40.5×; forward P/E: 26.1× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 0.48%, paying out 16% of earnings.
Argan, Inc. employs 1,409 people — $739K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
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 →
Argan's margin expanded to 21% as strong execution in its Power segment lifted profitability, supported by a $2.8 billion backlog that bolsters the company's outlook.
Why it matters — AGX watchers would care because the margin expansion and large backlog point to sustained profitability and a solid revenue pipeline for the company.
Argan, Inc. has nearly doubled since last June, significantly outperforming the S&P 500, driven by its Power segment's revenue growth, robust backlog, and secular demand from data centers and EV adoption. However, with a pristine balance sheet of $1.27 billion in cash and no debt, shares now trade at a premium to peers, leading to a downgrade and caution that further upside will be harder to achieve.
Why it matters — AGX watchers would care because the stock's strong run and premium valuation mean future gains may be more limited even as the company's fundamentals and balance sheet remain solid.
The August jobs report is expected to be released next week, along with other key economic data, ahead of the Federal Reserve's September meeting. The report is seen as a central focus for markets as the Fed weighs its next policy steps.
Why it matters — AGX watchers would care because upcoming labor-market data and the Fed's subsequent policy decision can influence economic conditions that affect the company's business environment.
Zacks Investment Research compares Argan (AGX) with Primoris Services (PRIM), noting AGX's stronger growth, backlog, and return on equity against PRIM's broader exposure, record backlog, and recovery potential.
Why it matters — The comparison highlights AGX's competitive strengths in growth, backlog, and profitability relative to a peer, which is relevant for AGX watchers assessing its market position.
Argan reported a Q1 Power segment margin of 23.6%, driven by rising revenues and stronger project execution, with a $2.5 billion backlog supporting its earnings outlook.
Why it matters — AGX watchers would care because the record Power margin and substantial backlog indicate continued earnings momentum for the company.
The 5 Wall Street analysts covering Argan, Inc. have a median 12-month price target of $700, with estimates ranging from $500 to $800. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 5 analysts covering Argan, Inc., 2 rate it a Buy, 3 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Argan, Inc. 90 out of 100 across roughly 4,600 US stocks as at 29 Aug 2026. None of this is personal advice — it does not consider your circumstances.
As at 29 Aug 2026, Argan, Inc. ranks 90 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 Quality (95 of 100).
No one can know that. What the data says: the median 12-month target from 5 analysts implies +67.6% from the last close, and Ticker Nerd's factor model ranks Argan, Inc. 90 out of 100 as at 29 Aug 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
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: $500 to $800 over the next 12 months.
Argan, Inc. returned +73.4% over the 12 months to 28 Aug 2026, with dividends reinvested. Past performance does not indicate future returns.
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 most recent item we track (Zacks Investment Research, 28 Aug 2026): "Is Argan's 21% Margin Boost a Sign of Things to Come for Investors?". Argan's margin expanded to 21% as strong execution in its Power segment lifted profitability, supported by a $2.8 billion backlog that bolsters the company's outlook.
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
