Argan Inc (AGX) Shares Fall 9.2% -- GF Value Says Still Overvalued
On August 28, 2026, Argan Inc (AGX) shares fell 9.2% to a current price of $417.74, which is significantly down from its 52-week high of $805.75 and closer to i
AGX - Argan, Inc.
Price:
--
--
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CONSENSUS:
Buy
DETAILS
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PRICE TARGET:
$559.00
DETAILS
HIGH:
$600.00
LOW:
$518.00
MEDIAN:
$559.00
CONSENSUS:
$559.00
UPSIDE:
33.82%
Stock News
Is Argan's 21% Margin Boost a Sign of Things to Come for Investors?
AGX's margin expands to 21% as strong Power execution lifts profitability, while a $2.8 billion backlog supports the outlook.
Argan Has Had A Great Run, But Further Upside Will Be Harder From Here (Downgrade)
Argan, Inc. has delivered exceptional growth, nearly doubling since June last year and significantly outperforming the S&P 500. AGX's Power segment drives revenue expansion, supported by robust backlog and secular demand from data centers and EV adoption. The balance sheet is pristine, with $1.27 billion in cash and no debt, but shares now trade at a premium to peers.
The Week Ahead: August Jobs Report Takes Center Stage
Next week brings another wave of key economic data ahead of the Federal Reserve's Sept.
Argan vs. Primoris Services: Which Stock Offers More Growth Potential?
AGX's stronger growth, backlog and ROE contrast with PRIM's broader exposure, record backlog and recovery potential.
Argan's Power Margin Hits 23.6%: Is the Earnings Upside Sustainable?
AGX's Q1 Power margin reaches 23.6% as revenues surge and project execution strengthens, while a $2.5B backlog supports the earnings outlook.
BlackRock Inc. Makes New $1.76 Billion Investment in Argan, Inc. $AGX
BlackRock Inc. bought a new stake in Argan, Inc. (NYSE: AGX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 2,209,112 shares of the construction company's stock, valued at approximately $1,764,086,000. BlackRock Inc. owned 15.76% of Argan as
Bank of America Corp DE Trims Stake in Argan, Inc. $AGX
Bank of America Corp DE lessened its holdings in shares of Argan, Inc. (NYSE: AGX) by 4.6% during the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 33,271 shares of the construction company's stock after selling 1,587 shares during the quarter. Bank of
Abacus FCF Advisors LLC Takes Position in Argan, Inc. $AGX
Abacus FCF Advisors LLC acquired a new position in Argan, Inc. (NYSE: AGX) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 18,518 shares of the construction company's stock, valued at approximately $14,788,000. Argan accounts for approximately 2.7% of Abacus
Argan, Inc. to Announce Second Quarter Fiscal 2027 Results and Host Conference Call on Wednesday, September 2, 2026
ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its second quarter fiscal 2027 financial results after the market closes on Wednesday, September 2, 2026. Management will host a webcast with an accompanying slide presentation and conference call on Wednesday, September 2, 2026 at 5:00 p.m. ET. Participants can access the live webcast by visiting this link. To access the call by phone, participants can use the follo.
Empowered Funds LLC Acquires Shares of 1,270 Argan, Inc. $AGX
Empowered Funds LLC bought a new stake in Argan, Inc. (NYSE: AGX) during the undefined quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 1,270 shares of the construction company's stock, valued at approximately $692,000. Several other hedge funds also recently modified their holdings of
Argan Stock Down 8% in the Past Month: Should You Buy Now or Wait?
AGX's $2.8B backlog and debt-free balance sheet support growth, but project concentration and execution risks cloud the outlook.
AI's Next Bottleneck Isn't Chips, It's Power Infrastructure
Artificial intelligence data centers are hitting a power problem that has little to do with computer chips, according to a new report from Thornburg Investment Management. Key Takeaways Average AI server rack density has nearly quadrupled since 2021, straining building power systems.
Could Bigger EPC Jobs Push Argan Toward $2B Revenues Faster?
AGX's larger EPC contracts and rising project values could accelerate its path toward $2B in annual revenue without doubling project count.
Argan Acquires ValCor to Strengthen New England Presence
AGX's $8.3 million ValCor acquisition gives Teledata a New England foothold, skilled workers and access to defense, aerospace and tech customers.
Are Construction Stocks Lagging Argan (AGX) This Year?
Here is how Argan (AGX) and M/I Homes (MHO) have performed compared to their sector so far this year.
Argan, Inc. Expands Teledata Footprint into New England with Acquisition of ValCor Communications
ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its wholly-owned subsidiary, Southern Maryland Cable Inc. (“SMC”), has completed the acquisition of ValCor Communications, LLC (“ValCor”), a Connecticut-based provider of installation, maintenance, and repair services for information, communication, and data networks serving customers across New England. The transaction closed July 31, 2026, with total initial consideration of approximately.
Do Options Traders Know Something About Argan Stock We Don't?
Investors need to pay close attention to AGX stock based on the movements in the options market lately.
Here's Why Argan (AGX) is a Strong Growth Stock
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Argan Rides the Data Center and Power Construction Demand Supercycle
AGX is tapping rising power and data center demand, with gas-fired projects and scarce EPC capacity supporting growth prospects.
Price Targets
Argan price target raised to $600 from $375 at Lake Street
$600.00
(was $732.65)
Lake Street
Argan price target raised to $375 from $325 at Lake Street
$375.00
(was $566.62)
Robert Brown
·
Lake Street
Argan price target raised to $518 from $399 at Goldman Sachs
$518.00
(was $566.62)
Ati Modak
·
Goldman Sachs
Argan downgraded to Hold from Buy at Lake Street
$325.00
(was $294.38)
Lake Street
GLJ Research upgrades Argan to Buy as second gas generation deal hits Q3 book
$369.00
(was $329.07)
GLJ Research
Argan upgraded to Overweight from Neutral at JPMorgan
$315.00
(was $256.15)
UBS
Argan initiated with a Hold at GLJ Research
$251.00
(was $260.64)
Austin Wang
·
GLJ Research
Argan price target raised to $85 from $70 at Lake Street
$85.00
(was $75.95)
Robert Brown
·
Lake Street
Argan (AGX) PT Raised to $85 at Lake Street Capital Markets
$85.00
(was $76.36)
Rob Brown
·
Loop Capital Markets
Argan (AGX) PT Raised to $70 at Lake Street Capital Markets
$70.00
(was $54.80)
Rob Brown
·
Loop Capital Markets