Argan Inc. to Release Q4 Earnings Amid Revenue Decline
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2026
0mins
Should l Buy AGX?
Source: Newsfilter
Argan Inc. shares fell 8.15% as the stock hit a 20-day low amid broader market weakness, with the Nasdaq-100 down 1.12% and the S&P 500 down 0.79%.
The company is set to release its Q4 earnings on March 26, with analysts forecasting a revenue of $255.32 million, indicating a decline from the previous year. The expected earnings per share is $1.98, down from last year, reflecting pressure on profitability that may impact investor confidence. Given these factors, the market may react negatively to Argan's stock price following the earnings release.
Investors are closely monitoring the upcoming earnings report, as the decline in revenue expectations could signal challenges for Argan in a competitive landscape, potentially affecting future stock performance.
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Analyst Views on AGX
Wall Street analysts forecast AGX stock price to fall
2 Analyst Rating
0 Buy
2 Hold
0 Sell
Hold
Current: 601.830
Low
325.00
Averages
347.50
High
370.00
Current: 601.830
Low
325.00
Averages
347.50
High
370.00
About AGX
Argan, Inc. is a holding company. The Company is a construction firm that conducts operations through its subsidiaries, Gemma Power Systems, LLC and affiliates (GPS), Atlantic Projects Company Limited and affiliates (APC), The Roberts Company, Inc. (TRC), and Southern Maryland Cable, Inc. (SMC). Through GPS and APC, its power industry services, it offers a suite of engineering, procurement, construction, commissioning, maintenance, project development and technical consulting services to the power generation market, including the renewable energy sector. Through TRC, the industrial construction services provide field services and project management that support new plant construction and additions, maintenance turnarounds, shutdowns and emergency mobilizations for industrial plants. Through SMC, its telecommunications infrastructure services provide project management, construction, installation and maintenance services to commercial, local government and federal government customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Major Contract Signing: The company signed a 15-year, $5.5 billion contract with Amazon Web Services to provide 300 megawatts of power capacity, highlighting its critical role in AI data center construction, while also securing a 200-megawatt site in Ohio.
- Caterpillar's Growth Drivers: Caterpillar's Power & Energy segment saw a 44% year-over-year increase in power generation sales in Q4, with overall segment growth of 37%, demonstrating strong support for energy demand driven by AI construction, despite a broader market correction.
- Argan's Backlog Surge: Argan's backlog reached $2.9 billion at the end of FY26, more than doubling from FY25, reflecting urgent needs for upgrading aging power assets, with 104 gigawatts expected to retire by 2030, driving future construction demand.
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