Argan, Inc. (AGX)

Argan Stock Forecast

Stock Price Forecast

The 6 analysts that cover Argan stock have a consensus rating of "Buy" and an average price target of $409.5, which forecasts a -28.45% decrease in the stock price over the next year. The lowest target is $220 and the highest is $550.

Price Target: $409.5 (-28.45%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$220	$409.5	$425	$550
Change	-61.56%	-28.45%	-25.74%	-3.90%

Analyst Ratings

The average analyst rating for Argan stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26
Strong Buy	1	2	1	1	1	2
Buy	1	1	0	0	0	1
Hold	3	2	4	4	4	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Atidrip Modak Goldman Sachs	Goldman Sachs	Strong Buy Maintains $399 → $518	Strong Buy	Maintains	$399 → $518	-9.49%	Mar 27, 2026
Robert Brown Lake Street	Lake Street	Hold Maintains $325 → $375	Hold	Maintains	$325 → $375	-34.48%	Mar 27, 2026
Michael Fairbanks JP Morgan	JP Morgan	Hold → Buy Upgrades $550	Hold → Buy	Upgrades	$550	-3.90%	Mar 27, 2026
Sergey Glinyanov Freedom Broker	Freedom Broker	Hold Initiates $425	Hold	Initiates	$425	-25.74%	Mar 10, 2026
Robert Brown Lake Street	Lake Street	Strong Buy → Hold Downgrades $260 → $325	Strong Buy → Hold	Downgrades	$260 → $325	-43.21%	Dec 5, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

1.26B

Increased by 33.81%

from 944.61M

Revenue Next Year

1.53B

Increased by 20.97%

from 1.26B

EPS This Year

9.65

Decreased by -0.97%

from 9.74

EPS Next Year

12.14

Increased by 25.81%

from 9.65

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027	FY 2028
Period Ending	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027	Jan 31, 2028
Revenue	509.37M	455.04M	573.33M	874.18M	944.61M	1.26B	1.53B
Revenue Growth	29.87%	-10.67%	26.00%	52.47%	8.06%	33.81%	20.97%
EPS	2.40	2.33	2.39	6.15	9.74	9.65	12.14
EPS Growth	58.94%	-2.92%	2.57%	157.32%	58.37%	-0.97%	25.81%
Forward PE	-	-	-	-	-	59.33	47.16
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2027	2028	2029
High	1.4B	2.0B
Avg	1.3B	1.5B
Low	1.2B	1.3B

Revenue Growth

Revenue Growth	2027	2028	2029
High	51.3%	55.8%
Avg	33.8%	21.0%
Low	22.3%	4.1%

EPS Forecast

EPS	2027	2028	2029
High	11.77	15.96
Avg	9.65	12.14
Low	8.42	9.90

EPS Growth

EPS Growth	2027	2028	2029
High	20.8%	65.5%
Avg	-1.0%	25.8%
Low	-13.6%	2.6%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.