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ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announced that the Company will release its second quarter 2026 financial results after the market closes on Thursday, September 4, 2025. Management will host a webcast with an accompanying slide presentation and conference call on Thursday, September 4, 2025 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 following dial.
A $1.9 billion project backlog will be key for Argan to meet the rising demands for power infrastructure from the data center, EV, and solar & battery markets. The Sandow Lakes Power Station project will be key for Argan gaining a footprint in one of North America's largest data center hubs and securing future contracts in the data center market. Despite the expensive valuation, a debt-free balance sheet and robust long-term growth potential present the company as a great long-term investment opportunity.
US power demand is surging due to AI data centers and EV charging, creating a major opportunity for Argan, Inc. AGX specializes in natural gas and renewable power plant construction, with strong revenue growth potential if it secures new, large contracts. The investment is high-risk, high-reward: AGX's future depends on winning new contracts, with significant upside or downside possible.
While Nvidia, Meta, Tesla and other Mag 7 members grab the headlines, Argan stock crushes them all so far this year.
ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its wholly owned subsidiary, Atlantic Projects Company (“APC”), entered into an engineering, procurement and construction services contract for the Platin Power Station with SSE Thermal, part of the integrated energy group SSE plc. The project, located in County Meath, Ireland, will consist of three Siemens Energy SGT-800 turbines operating in open cycle mode with supporting balance of plant.
DoorDash made a bullish move Friday. Meanwhile, Argan and Constellation Energy have exposure to AI data centers.
This industrial services provider is benefiting from the high demand for power.
Record $1.9B backlog supports strong, visible multi-year revenue growth. Margins are improving from better project mix and disciplined bidding strategy. Positioned to benefit from the long-term power infrastructure investment cycle.
Argan is poised to benefit from surging US energy demand, with a record $1.86B backlog and strong margin expansion driven by AI, data centers, and EV growth. The company's robust balance sheet, net cash position, and high-quality, incentive-backed project pipeline support a Buy rating and a $238 target price (+13% upside). Key risks include customer concentration, commodity inflation, and regulatory delays, but conservative management and project visibility help mitigate these concerns.
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