Oklo stock tumbles as Financial Times scrutinizes valuation
Argan Inc. stock has achieved an all-time high, reaching a price of 283.37 USD. According to InvestingPro data, the company maintains excellent financial health with strong fundamentals, earning a "GREAT" overall score of 3.42 out of 5. This milestone reflects a significant uptrend for the company, as its stock has appreciated by an impressive 140.6% over the past year. The surge in Argan’s stock price is supported by solid fundamentals, including a robust revenue growth of 29.2% and a healthy current ratio of 1.71. InvestingPro analysis reveals 15+ additional insights about Argan’s performance and valuation, available in the comprehensive Pro Research Report. The new all-time high underscores a period of robust growth for Argan, highlighting its position as a standout performer in the market. The company has maintained dividend payments for 15 consecutive years and holds more cash than debt on its balance sheet, demonstrating financial stability. Based on InvestingPro’s Fair Value analysis, the stock appears to be trading above its intrinsic value.
In other recent news, Argan Inc. reported its Q2 FY2026 earnings, revealing a strong performance with earnings per share (EPS) of $2.50, which significantly exceeded the forecast of $1.64. However, the company’s revenues were $237.7 million, slightly below the anticipated $243.97 million. In another development, Argan announced a 33% increase in its quarterly cash dividend, raising it from $0.375 to $0.50 per common share, marking the third consecutive annual increase. This new dividend rate will be payable on October 31, 2025, to stockholders of record as of October 23, 2025.
JPMorgan recently upgraded Argan’s stock from Neutral to Overweight, raising its price target from $220.00 to $315.00, citing the company as a beneficiary of accelerating AI-driven power demand. Meanwhile, GLJ Research initiated coverage on Argan with a Hold rating and a $251.00 price target, noting that investor expectations may have outpaced management’s scalability. These recent developments highlight the diverse factors influencing Argan’s market position and investor sentiment.
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