JPMorgan cuts target for Argan stock to USD 785.00

Published on 10/15/2026 at 22:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 383.98 million, up 61.50 percent year over year. Argan stock costs EUR 327.20 on October 15, 2026.

Analyst target and quarterly growth

JPMorgan reduced its Argan target to USD 785.00 on September 29, 2026.
Second-quarter fiscal 2027 revenue reached USD 383.98 million, up 61.50 percent year over year.
Argan stock traded at EUR 327.20 at 10:53 p.m. CEST at Lang & Schwarz on October 15, 2026.
Argan's next earnings report is scheduled for December 9, 2026.

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JPMorgan cut its Argan target from USD 800.00 to USD 785.00 in a research note dated September 29, 2026, according to MarketBeat. Against the USD 367.16 primary-exchange price on October 15, 2026, the target stood 113.87 percent higher. At Lang & Schwarz, Argan stock was trading at EUR 327.20 on October 15, 2026 at 10:53 p.m. CEST.

Quarterly growth sets a second marker

Argan reported USD 383.98 million in revenue for the fiscal second quarter ended July 31, 2026, up 61.50 percent from the year-earlier quarter. Net income reached USD 53.30 million and diluted earnings per share were USD 3.76, according to the standardized quarterly figures for Argan.

The revenue comparison matters because it places the analyst target against a period of rapid expansion. The same quarter produced a 13.88 percent net margin, while operating cash flow reached USD 96.97 million for the three months ended July 31, 2026.

Price position after the session

The primary-exchange quote was USD 367.16 on October 15, 2026 at 4:00 p.m. ET, with a day range of USD 359.29 to USD 389.03. The 52-week range was USD 257.62 to USD 805.75, putting the primary quote 54.44 percent below the high and 42.47 percent above the low.

Argan's market capitalization was USD 5.2 billion on October 15, 2026. The stock's primary-exchange volume was 449,434 shares, compared with an average volume of 362,364 shares.

Valuation and next reporting date

The finance quote carried a price-to-earnings ratio of 29.05 on October 15, 2026. Investing.com listed December 9, 2026 as the next earnings date and identified Argan as a NYSE-listed company.

Comparison with peers

Argan: P/E 29.05, market capitalization USD 5.2 billion.

Quanta Services (NYSE, USD): minus 2.77 percent, P/E 73.56, market capitalization USD 96.6 billion.

Fluor (NYSE, USD): plus 0.09 percent, P/E minus 3.96, market capitalization USD 6.4 billion.

Euro quote after hours

Argan, Inc. operates in engineering and construction through power, industrial and telecommunications businesses. Its sector is Industrials and its industry is Engineering and Construction.

At Lang & Schwarz, the stock stood at EUR 327.20 on October 15, 2026 at 10:53 p.m. CEST. The quote reflects after-hours trading from a German investor perspective.

The further course of trading is shown by the continuously updated real-time quote of Argan stock.