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Argan, Inc.

AGX · NYSE

Argan finished fiscal 2026 with record backlog, no debt and nearly $895 million of cash and investments. The AGX question is whether Power-heavy backlog converts into profitable revenue without project execution pain.

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Latest ReportMay 15, 2026AGX: the power-plant builder now has a $2.9B backlog and a cash pileView report ->Total Reports1Published reportView all ->Active Discussions0No visible comments yetView discussions ->Member WorkspaceLockedFinancials, timeline, comparisons, scorecard, and discussion require a paid login.View access ->
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Latest Thesis

AGX: the power-plant builder now has a $2.9B backlog and a cash pile

Argan finished fiscal 2026 with record backlog, no debt and nearly $895 million of cash and investments. The AGX question is whether Power-heavy backlog converts into profitable revenue without project execution pain.

May 15, 2026Research reportSlides available
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Argan, Inc.the power-plant builder now has a $2.9B backlog and a cash pileMay 15, 2026
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AGX: the power-plant builder now has a $2.9B backlog and a cash pileArgan finished fiscal 2026 with record backlog, no debt and nearly $895 million of cash and investments. The AGX question is whether Power-heavy backlog converts into profitable revenue without project execution pain.NYSEMay 15, 2026Research reportReadSlides