Argan

AGX

Market cap $4.41B

Tariffs, inflation and housing headwinds weigh on the industry. Yet, AWI, IBP, AGX, FTDR and ROCK look primed to benefit from infrastructure and innovation tailwinds.

Argan (AGX) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Cipher Mining is signing deals with big tech that can accelerate as its multi-gigawatt pipeline expands. Ondas Holdings is winning new contracts for its drones and projected 3x revenue growth in 2026.

Hong Kong-based Alpine Investment Management added 60,000 shares of Argan in the third quarter. The shares were worth about $16.20 million as of September 30.

Argan has a $3 billion backlog and a long-term plan for rising profits. AI has increased the demand for electricity, and that has helped Argan win more power plant construction contracts.

Argan (AGX) could produce exceptional returns because of its solid growth attributes.

Top 10 Quant picks for 2025 far outperformed the S&P 500. Market volatility in 2025 was driven by trade wars, sector rotations, and sentiment shifts, but fundamentals ultimately prevailed.

ARLINGTON, Va.--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) (“Argan” or the “Company”) today announces that its Board of Directors declared a regular quarterly cash dividend in the amount of $0.50 per share of common stock. The dividend will be payable on January 30, 2026, to stockholders of record at the close of business on January 22, 2026. David Watson, President and Chief Executive Officer of Argan commented, “Returning value to shareholders through our quarterly dividend remains a key tenet.

Argan, Inc. (AGX) is well-positioned to capitalize on surging power demand from AI, data centers, EVs, and reshoring trends. AGX boasts a $3B backlog, strong pricing power, and limited competition, supporting robust revenue and margin growth over the next 12–18 months. Despite a recent revenue dip from project timing, AGX's margin expansion and disciplined project selection underpin a buy rating.

Argan, Inc. remains a buy, driven by a $3 billion backlog, accelerating power investment cycle, and robust balance sheet. AGX's Q3 2026 results show resilient margins and earnings despite a temporary revenue dip from project timing, not demand weakness. Backlog quality is high, anchored by large gas projects supporting multi-year revenue visibility and sustainable margin expansion.