Argan Stock Forecast

Stock Price Forecast

According to 5 analysts polled by S&P Global, Argan stock has a consensus rating of "Buy" and an average price target of $600.2. The average 1-year stock price forecast is 13.61% lower than the current stock price, while the lowest is $500 (-28.03%) and the highest is $860 (+23.79%).

Price Target: $600.2 (-13.61%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$500	$600.2	$523	$860
Change	-28.03%	-13.61%	-24.72%	+23.79%

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	Sep '25	Oct '25	Nov '25	Dec '25	Mar '26	Jun '26
Strong Buy	1	1	2	1	1	1
Buy	0	1	1	0	1	1
Hold	2	1	1	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	3	4	4	5	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Atidrip Modak Goldman Sachs	Goldman Sachs	Buy Maintains $399 → $518	Buy	Maintains	$399 → $518	-25.44%	Jun 5, 2026
Robert Brown Lake Street	Lake Street	Hold Maintains $375 → $600	Hold	Maintains	$375 → $600	-13.63%	Jun 5, 2026
Michael Fairbanks J.P. Morgan	J.P. Morgan	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Apr 6, 2026

Financial Forecast

Revenue This Year

1.25B

from 944.61M

32.52%

from 944.61M

Revenue Next Year

1.51B

from 1.25B

20.89%

from 1.25B

EPS This Year

11.24

from 9.74

15.43%

from 9.74

EPS Next Year

14.92

from 11.24

32.71%

from 11.24

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	1.25B
Revenue Growth	29.87%	-10.67%	26.00%	52.47%	8.06%	32.52%
Gross Profit	97.63M	83.96M	79.23M	139.49M	191.88M	234.50M
Gross Margin	19.17%	18.45%	13.82%	15.96%	20.31%	18.73%
Operating Income	52.41M	41.67M	36.46M	88.20M	134.70M	174.88M
Net Income	38.24M	33.10M	32.36M	85.46M	137.77M	149.17M
EPS	-	-	-	-	9.74	11.24
EPS Growth	-	-	-	-	58.37%	15.43%
Forward PE	15.38	14.34	13.72	28.35	41.16	61.79
Dividend / Share	1.00	1.00	1.10	1.35	1.75	1.88
Dividend Growth	-	-	10.00%	22.73%	29.63%	7.24%
Free Cash Flow	7.31M	-34.32M	103.96M	111.52M	340.95M	110.60M
No. Analysts	-	-	-	-	-	5

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

Revenue Forecast

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

Revenue Growth

Revenue Growth	2027	2028	2029
High	44.1%
Avg	32.5%
Low	24.8%

EPS Forecast

EPS	2027	2028	2029
High	-
Avg	11.24
Low	-

EPS Growth

EPS Growth	2027	2028	2029
High	-
Avg	15.4%
Low	-