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 $679.8. The average 1-year stock price forecast is 11.19% lower than the current stock price, while the lowest is $500 (-34.68%) and the highest is $860 (+12.35%).

Price Target: $679.8 (-11.19%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$500	$679.8	$700	$860
Change	-34.68%	-11.19%	-8.55%	+12.35%

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
Michael Fairbanks J.P. Morgan	J.P. Morgan	Buy Maintains $860	Buy	Maintains	$860	+12.35%	Jun 10, 2026
Atidrip Modak Goldman Sachs	Goldman Sachs	Buy Maintains $518 → $739	Buy	Maintains	$518 → $739	-3.46%	Jun 10, 2026
Robert Brown Lake Street	Lake Street	Hold Maintains $375 → $600	Hold	Maintains	$375 → $600	-21.62%	Jun 5, 2026

Financial Forecast

Revenue This Year

1.28B

from 944.61M

35.72%

from 944.61M

Revenue Next Year

1.61B

from 1.28B

25.37%

from 1.28B

EPS This Year

12.24

from 9.74

25.64%

from 9.74

EPS Next Year

16.25

from 12.24

32.76%

from 12.24

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	1.28B
Revenue Growth	29.87%	-10.67%	26.00%	52.47%	8.06%	35.72%
Gross Profit	97.63M	83.96M	79.23M	139.49M	191.88M	247.42M
Gross Margin	19.17%	18.45%	13.82%	15.96%	20.31%	19.30%
Operating Income	52.41M	41.67M	36.46M	88.20M	134.70M	180.68M
Net Income	38.24M	33.10M	32.36M	85.46M	137.77M	168.36M
EPS	-	-	-	-	9.74	12.24
EPS Growth	-	-	-	-	58.37%	25.64%
Forward PE	15.38	14.34	13.72	28.35	41.16	62.55
Dividend / Share	1.00	1.00	1.10	1.35	1.75	1.91
Dividend Growth	-	-	10.00%	22.73%	29.63%	8.95%
Free Cash Flow	7.31M	-34.32M	103.96M	111.52M	340.95M	246.15M
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	44.4%
Avg	35.7%
Low	29.7%

EPS Forecast

EPS	2027	2028	2029
High	13.84
Avg	12.24
Low	10.74

EPS Growth

EPS Growth	2027	2028	2029
High	42.1%
Avg	25.6%
Low	10.3%