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argenx SE ARGX

US equityMarket cap rank #269Biotechnology
$955.32
+$9.50 (+1.00%)
Market open · Sep 24, 2:00 pm ET
After hours $945.82 0.00%
Open$945.81
Prev close$945.82
Day range$944.21 – $965.27
Volume219.2K
Market cap$59.77B
P/E (TTM)36.4
Dividend yield–

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

ARGX at a glance

argenx SE (ARGX) is trading at $955.32, up 1.00% on the day. Its market value of $59.77B makes it the 269th largest of the 300 companies we follow.

Over the past 52 weeks it has traded between $661.85 and $1,072.75, so it sits 10.9% below the top of that range. Holders are ahead 30.9% over twelve months, and up 12.1% across the last three months.

On the chart it holds above both the 50-day ($944.92) and 200-day ($848.88) moving averages; RSI is 43, and the last 30 sessions moved at roughly 51% annualized volatility.

For the quarter ended Jun 2026 it reported $1.52B in revenue, up 59.6% from a year earlier, with $472.00M of net profit (a 32.8% margin).

Valuation works out to 36.4 times trailing earnings. The median for its industry group is 34.1.

20 analysts follow the stock and the average call is "buy". The mean target, $1,178.42, sits 23.4% over where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

argenx SE: the business

argenx is a Belgian-Dutch biotech that sells Vyvgart, a treatment for the autoimmune condition myasthenia gravis, and is testing it in other diseases.

What tends to move it. New approved uses for Vyvgart and clinical trial readouts are the main catalysts. It does not yet earn a steady profit.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+1.0%
1 week
-3.0%
1 month
-5.5%
3 months
+12.1%
6 months
+41.0%
Year to date
+13.6%
1 year
+30.9%
Day range
$944.21$965.27
52-week range
$661.85$1,072.75

Technical signals

Full technicals →
Trend readLeaning bearish

3 bullish · 4 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average-5.2%Bearish
Price vs 50-day average+1.1%Bullish
Price vs 200-day average+12.5%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)42.7Bearish
MACD (12,26,9)3.05Bearish
Bollinger band position8%Bearish

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$954.79 / $956.13
Average price today$954.49
Volume219.2KAvg (90d) 307.0K
Turnover$209.20M
Turnover rate0.35%of shares outstanding
Volume ratio1.09vs. recent average pace
Day amplitude2.23%
Market cap$59.77B
Float market cap$59.67B
Shares outstanding62.46M
EPS (TTM)$19.57
P/E (TTM)36.39
P/B7.10
Book value / share$134.54
Earnings yield0.20%
Net profit (TTM)$1.22B
Net assets$8.42B
30-day volatility51.2%annualized
Avg daily range (ATR)2.18%of price, 14 days
Max drawdown (1y)-28.6%-9.8% from 1y peak

Quote as of Sep 24, 2026 2:00 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How ARGX ranks on BeStock

Market value#269 of 300
P/E (cheapest = 1)#231 of 283
Closeness to 52-week high#120 of 300
Dollar volume today#174 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$1.52B+59.6% YoY
Operating profit$494.00M+145.8% YoY
Net profit$472.00M+91.9% YoY
Diluted EPS$7.48+100.0% YoY
Free cash flow$267,297.05+113.2% YoY
Operating cash flow$309,579.13

Revenue, last 8 quarters

$573.0MSep '24$741.3MDec '24$790.0MMar '25$949.0MJun '25$1.1BSep '25$1.3BDec '25$1.3BMar '26$1.5BJun '26

Net profit, last 8 quarters

$91.4MSep '24$774.2MDec '24$169.0MMar '25$246.0MJun '25$344.3MSep '25$533.0MDec '25$366.0MMar '26$472.0MJun '26

Profitability & balance sheet

Gross margin90.0%
Operating margin30.7%
Net margin32.8%
Return on equity23.6%
Return on assets19.9%
Return on invested capital21.1%
Current ratio5.12
Liabilities / assets16.1%
Cash & investments$5.18B
Total debt$36.00M
Net cash (debt)$5.15B
Free cash flow / sales17.3%

Where the revenue comes from

Quarter 2025/FY

By region

  • United States$3.53B 85.1%
  • Rest of the World$342.62M 8.3%
  • Japan$206.84M 5.0%
  • China$67.92M 1.6%
Average move on report day±4.3%last 15 reports
Closed higher7 of 1547% of the time
Best reaction+11.9%
Worst reaction-8.6%

Stock move on the day after each report

+6.3%2024/Q3+0.3%2024/Q4-8.6%2025/Q1+11.9%2025/Q2-0.2%2025/Q3-5.6%2025/Q4-2.5%2026/Q1+8.6%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings37.5x
CheapRich

Near the top of its 5-year range · 85th percentile, 5-year average -75.3x

#2294 of 2977 stocks by PE (1 = cheapest)

Price / book7.3x
CheapRich

Around its usual level · 56th percentile, 5-year average 7.3x

#4643 of 5304 stocks by PB (1 = cheapest)

Price / sales11.8x
CheapRich

Near the bottom of its 5-year range · 7th percentile, 5-year average 34.8x

#4466 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-908x-540x-171x197xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$900.00
Price vs. fair value+6.1%Trading above the estimate
Star rating★★★☆☆
UncertaintyHigh

Analyst view

All ratings →
ConsensusBuy
Analysts20
Average target$1,178.42+23.4% vs. price
  • Buy 95%
  • Hold 5%
Low $932.00Now $955.32Avg $1,178.42High $1,415.00

Latest rating actions

  • 3 Sep 2026WedbushBUY · PT $1,150.00
  • 2 Sep 2026William BlairBUY
  • 1 Sep 2026Morgan StanleyBUY · PT $1,250.00
  • 31 Aug 2026Morgan StanleyBUY · PT $1,250.00
  • 26 Aug 2026Wells FargoBUY · PT $1,415.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership74.9%-3.71 pts vs. prior quarter
Institutions holding831-9 vs. prior quarter
Short interest2.01% of floatDays to cover 3.9 · as of 31 Aug 2026
Short-sale volume share7.9%5-day average of daily volume

Short-sale volume as % of daily volume

5%11%17%23%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: +$6.60M (11 inflow days, 9 outflow days).

Latest headlines

More news →
  • Wedbush Maintains Argenx SE(ARGX.US) With Buy Rating, Maintains Target Price $1,150Market news · 3 Sep 2026
  • William Blair Maintains Argenx SE(ARGX.US) With Buy RatingMarket news · 3 Sep 2026
  • Morgan Stanley Maintains Argenx SE(ARGX.US) With Buy Rating, Maintains Target Price $1,250Market news · 1 Sep 2026
  • Morgan Stanley Maintains Argenx SE(ARGX.US) With Buy Rating, Raises Target Price to $1,250Market news · 31 Aug 2026
  • UBS Upgrades Argenx SE(ARGX.US) to Buy Rating, Raises Target Price to $1,400Market news · 26 Aug 2026
  • Wells Fargo Maintains Argenx SE(ARGX.US) With Buy Rating, Raises Target Price to $1,415Market news · 26 Aug 2026

ARGX stock: common questions

What is ARGX's latest share price?

$955.32 is the latest print for ARGX, a move of +1.00% against yesterday's close of $945.82. Today's low and high so far: $944.21 and $965.27.

How large is argenx SE by market value?

Equity value comes to $59.77B at the current price. By that measure it is number 269 of the 300 names in our coverage.

What multiple of earnings does ARGX sell for?

Buyers pay 36.4 times the last twelve months of profit (EPS $19.57).

Where does ARGX sit in its 52-week range?

The year's floor is $661.85 and the ceiling $1,072.75. Shares are 10.9% away from that ceiling.

Does ARGX send cash back through a dividend?

Our data shows no dividend paid by argenx SE over the trailing twelve months.

What is the analyst view on argenx SE?

Of 20 analysts, 95% say buy, 5% hold and 0% sell. Price targets average $1,178.42, with the most cautious at $932.00 and the most optimistic at $1,415.00.

What does argenx SE do?

argenx is a Belgian-Dutch biotech that sells Vyvgart, a treatment for the autoimmune condition myasthenia gravis, and is testing it in other diseases.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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