Argan, Inc. (AGX) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 7 analysts24.3% Above Target
AGX trades 24.3% above Wall Street's consensus target of $559.00.
Current Price$738.85
Average Target$559.00
Target
Current
Low$518.00
Median$559.00
High$600.00
Analyst Target Range
Forward P/E61.1x
(High Premium)
PEG Ratio1.35
(Fair)
Implied Growth+6.4%
(Low)
Analyst Spread14.7%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes AGX achieves its forward estimates and maintains a stable P/E multiple of 61.1x. This scenario reflects the blended consensus of 7 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
AGX Price Target Analysis
Updated June 22, 2026As of June 22, 2026, Argan, Inc. (AGX) has a Wall Street consensus price target of $559.00, based on estimates from 7 covering analysts. With the stock currently trading at $738.85, this represents a potential downside of -24.3%. The company has a market capitalization of $10.36B.
Analyst price targets range from a low of $518.00 to a high of $600.00, representing a 15% spread in expectations. The median target of $559.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 4 analysts rating the stock as a Buy or Strong Buy,3 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, AGX trades at a trailing P/E of 75.9x and forward P/E of 61.1x. The forward PEG ratio of 1.35 indicates reasonable valuation for growth. Analysts expect EPS to grow +6.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $433.68, with bear and bull scenarios of $273.22 and $571.42 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+12.8%
Industry Consensus
Avg Forward P/E
32.8x
(Growth Premium)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MYRGMYR Group Inc. | $7.2B | $461.10 | $412.67 | -10.5% | Hold | 40.3x | 21 |
 PWRQuanta Services, Inc. | $105.4B | $702.25 | $674.27 | -4.0% | Buy | 50.2x | 36 |
 MTZMasTec, Inc. | $29.9B | $379.66 | $416.73 | +9.8% | Buy | 43.0x | 36 |
 PRIMPrimoris Services Corporation | $5.5B | $101.30 | $152.78 | +50.8% | Buy | 20.9x | 24 |
 WLDNWilldan Group, Inc. | $1.3B | $89.00 | $117.50 | +32.0% | Buy | 21.6x | 7 |
 FIXComfort Systems USA, Inc. | $69.2B | $1967.41 | $1991.50 | +1.2% | Buy | 45.6x | 9 |
 TTEKTetra Tech, Inc. | $7.1B | $27.36 | $35.00 | +27.9% | Hold | 17.7x | 26 |
 STRLSterling Infrastructure, Inc. | $26.4B | $861.88 | $656.20 | -23.9% | Buy | 45.6x | 9 |
 DYDycom Industries, Inc. | $13.7B | $456.65 | $603.63 | +32.2% | Buy | 27.5x | 22 |
 GLDDGreat Lakes Dredge & Dock Corporation | $1.1B | $17.00 | — | — | Buy | 15.4x | 7 |
AGX — Frequently Asked Questions
Quick answers to the most common questions about buying AGX stock.
What is the AGX stock price target for 2026?
AGX's consensus price target is $559, -24.3% below the current price of $738.85. The 7 analysts tracking AGX see downside risk at present valuations.
Is AGX a buy, sell, or hold?
AGX has a consensus rating of "Buy" based on 7 Wall Street analysts. The rating breakdown is predominantly bullish, with 4 Buy/Strong Buy ratings. The consensus 12-month price target of $559 implies -24.3% downside from current levels.
Is AGX stock overvalued or undervalued?
At a forward P/E of 61.1226x, AGX trades at a premium valuation. The consensus price target of $559 (-24.3% downside) suggests analysts may view current valuations as stretched.
How high can AGX stock go?
The most bullish Wall Street analyst has a price target of $600 for AGX, while the most conservative target is $518. The consensus of $559 represents the median expectation. Our quantitative valuation model projects a bull case target of $571 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover AGX stock?
AGX is moderately covered, with 7 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 4 have Buy ratings, 3 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the AGX stock forecast?
The 12-month AGX stock forecast based on 7 Wall Street analysts shows a consensus price target of $559, with estimates ranging from $518 (bear case) to $600 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $434, with bear/bull scenarios of $273/$571.
What is AGX's fair value based on fundamentals?
Our quantitative valuation model calculates AGX's fair value at $434 (base case), with a bear case of $273 and bull case of $571. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.
What is AGX's forward P/E ratio?
AGX trades at a forward P/E ratio of 61.1x based on next-twelve-months earnings estimates compared to a trailing P/E of 75.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy AGX stock?
Analysts are cautious on AGX, with 0 Sell ratings and a price target of $559 (-24.3% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do AGX price targets vary so much?
AGX analyst price targets range from $518 to $600, a 15% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $559 consensus represents the middle ground. Our model's $273-$571 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into AGX consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare