Argan Gains Analyst Praise While Executives Cash Out After Record Quarter

Argan, Inc. (NYSE:AGX) is one of the 13 Best Low Risk High Growth Stocks to Buy.

Amid strong quarter results and raised price targets, the company witnessed major sell-offs by its top executives in June.

Argan Gains Analyst Praise While Executives Cash Out After Record Quarter

A worker inspecting a newly built bridge, symbolic of the company’s engineering prowess.

Based in Maryland, the engineering, procurement, and construction holding company, Argan, Inc. (NYSE:AGX) engages in its business through subsidiaries like Gemma Power Systems. Specializing in power infrastructure, including natural gas and clean-energy plant construction, the company benefits from a robust project pipeline amid rising demand.

On June 4, 2025, the company reported its first quarter fiscal 2026 results, where it highlighted a 23% year-over-year increase in consolidated revenue reaching $193.7 million. Argan, Inc. (NYSE:AGX) also reported a record backlog of $1.9 billion as of April 30, 2025.

On June 5, 2025, while maintaining a Buy rating on the stock, Lake Street raised the price target on Argan, Inc. (NYSE:AGX) from $150 to $236, signaling immense confidence in the stock’s potential.

Following the target price increase, the company’s top executives, including the President, CEO, and Directors, sold a total of 118,000 shares in a total transaction valued at more than $25.58 million between June 11 and June 30, 2025.

Argan, Inc. (NYSE:AGX) keeps risk in check with a 0.58 beta, while the next five years could bring 17% EPS growth, suggesting a potential buy.

While we acknowledge the risk and potential of AGX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AGX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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