Argan, Inc. (AGX)

NYSE: AGX · Real-Time Price · USD

392.61

-6.05 (-1.52%)

At close: Oct 9, 2026, 4:00 PM EDT

389.76

-2.85 (-0.73%)

After-hours: Oct 9, 2026, 7:41 PM EDT

Argan Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Argan stock has a consensus rating of "Buy" and an average price target of $570.5. The average 1-year stock price forecast is 45.31% higher than the current stock price, while the lowest is $273 (-30.47%) and the highest is $785 (+99.94%).

Price Target: $570.5 (+45.31%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$273	$570.5	$582.5	$785
Change	-30.47%	+45.31%	+48.37%	+99.94%

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

Chart

Rating	Dec '25	Mar '26	Jun '26	Jul '26	Aug '26	Sep '26
Strong Buy	1	1	1	1	1	3
Buy	0	1	1	1	1	1
Hold	3	3	3	3	3	1
Sell	0	0	0	0	0	1
Strong Sell	0	0	0	0	0	0
Total	4	5	5	5	5	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Fairbanks J.P. Morgan	J.P. Morgan	Buy Maintains $800 → $785	Buy	Maintains	$800 → $785	+99.94%	Sep 29, 2026
Neil Mehta Goldman Sachs	Goldman Sachs	Buy Maintains $739 → $565	Buy	Maintains	$739 → $565	+43.91%	Sep 14, 2026
Dimple Gosai Piper Sandler	Piper Sandler	Sell Initiates $273	Sell	Initiates	$273	-30.47%	Sep 8, 2026
Sergey Glinyanov Freedom Capital Markets	Freedom Capital Markets	Buy Upgrades $700	Buy	Upgrades	$700	+78.29%	Sep 4, 2026
Robert Brown Lake Street	Lake Street	Buy Upgrades $600	Buy	Upgrades	$600	+52.82%	Sep 3, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.40B

from 944.61M

48.32%

from 944.61M

Revenue Next Year

1.69B

from 1.40B

20.43%

from 1.40B

EPS This Year

13.27

from 9.74

36.24%

from 9.74

EPS Next Year

16.11

from 13.27

21.39%

from 13.27

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jan 31, 2022	Jan 31, 2023	Jan 31, 2024	Jan 31, 2025	Jan 31, 2026	Jan 31, 2027
Revenue	509.37M	455.04M	573.33M	874.18M	944.61M	1.40B
Revenue Growth	29.87%	-10.67%	26.00%	52.47%	8.06%	48.32%
Gross Profit	97.63M	83.96M	79.23M	139.49M	191.88M	271.80M
Gross Margin	19.17%	18.45%	13.82%	15.96%	20.31%	19.40%
Operating Income	52.41M	41.67M	36.46M	88.20M	134.70M	203.40M
Net Income	38.24M	33.10M	32.36M	85.46M	137.77M	189.53M
EPS	-	-	-	-	9.74	13.27
EPS Growth	-	-	-	-	58.37%	36.24%
Forward PE	15.38	14.34	13.72	28.35	41.16	29.59
Dividend / Share	1.00	1.00	1.10	1.35	1.75	2.40
Dividend Growth	-	-	10.00%	22.73%	29.63%	37.14%
Free Cash Flow	-	-	-	-	410.84M	297.65M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Chart

Revenue	2027	2028	2029
High	1.5B
Avg	1.4B
Low	1.4B

Revenue Growth

Chart

Revenue Growth	2027	2028	2029
High	55.4%
Avg	48.3%
Low	43.0%

EPS Forecast

Chart

EPS	2027	2028	2029
High	14.33
Avg	13.27
Low	12.51

EPS Growth

Chart

EPS Growth	2027	2028	2029
High	47.1%
Avg	36.2%
Low	28.4%