AGX Stock Recent News

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.

SA Quant Top 10 portfolio outperformed consensus with 25% YTD return, driven by strong momentum and upward earnings revisions. Momentum and earnings revisions are the most critical quant factors, while valuation has less short- to medium-term impact on performance. Consensus price targets for the portfolio were upgraded by 33%, with six stocks seeing 50%+ upgrades, validating quant model effectiveness.

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors (the “Board”) declared a regular quarterly cash dividend in the amount of $0.375 per share of common stock. The dividend will be payable on July 31, 2025, to stockholders of record at the close of business on July 23, 2025. David Watson, President and Chief Executive Officer of Argan commented, “Argan has paid dividends consistently since 2011 and has returned over $21.

Argan kicked off FY26 with nearly 23% YoY revenue growth and a sharp EPS beat, driven by strong execution in its Power Services segment. Multiple large-scale projects underway and a record $1.9B backlog provide strong visibility for continued top line momentum in the quarters ahead. Secular tailwinds from AI-driven power demand, reshoring, and energy transition position AGX for multi-year growth.

Argan Inc (AGX) Q1 earnings were a beat and a success, a solid win for shareholders rewarded with a pop in share price, up 8% on the announcement. The company continues to hold no debt, practice prudent cash management, and build its backlog, now at a record and headline-worthy $2B. I continue to hold my shares of Argan steadfastly, not trimming here (though I'm not buying any stocks at the moment), and am a believer in their operations' continued efficiency.