argenx (ARGX) Stock Analysis & Forecast

Nov 4 close

$931.38+30.26 (+3.4%)

Gekko Brief

AI summaryNov 4 close

This week's news centers on strong VYVGART momentum and upcoming investor visibility. argenx reported third-quarter 2026 results showing VYVGART sales rising 54% year-over-year to $1.721 billion, alongside growth in operating profit. Management is also scheduled to participate in two healthcare investor conferences in November, with fireside chats in Boston on November 10 and London on November 17, covering the company's immunology business and development portfolio. Separately, a law firm announced an investigation into investor claims tied to the company.

Shares closed at $931.38, up 3.4%, sitting between the 50-day average of $936.35 and the 200-day average of $856.15. The GekkoIndex reads 54.3, placing the stock in the Neutral zone, with its 5-day change down 4.8. The current price sits 9.1% below Gekko Fair Value of $1,025.11.

Over the next 20 trading days, the next earnings date falls on 25 February 2027, 112 days away, outside a typical holding window. In the last 30 days, one unusual options signal was recorded, with put premium of $1,081,500 against call premium of $223,125. Seasonally, the next 20 trading days have averaged -0.3% over 5 years, rising in 3 of them. Analyst sentiment remains heavily weighted toward buy ratings, with 19 of 20 firms at buy and a consensus target of $1,147.35.

Written by AI from the Nov 4, 2026 close and checked automatically against the figures on this page.

argenx price vs fair value

$1,025$931.38Nov ’25May ’26Nov ’26
Close $931.38200-day averageGekko Fair Value $1,025.11

argenx quick facts

Market cap
$58.57B
P/E ratio
31.1
Forward P/E
25.6
EPS, TTM
$28.87
Revenue, TTM
$5.92B
Profit margin
31.7%
Dividend yield
—
Beta
-0.04
Volume
645,794 avg 523,616
1-year return
+12.7%
Typical daily move
±3%
Typical 20-day move
±5.5%
50-day average
$936.35
200-day average
$856.15
Next earnings
Feb 25 before open
Shares outstanding
62.89M
52-week range
$661.85$1,072.75

argenx swing-trade checklist

argenx scores 2 supportive, 3 mixed and 1 headwind across the 6 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

2 supportive3 mixed1 headwind

  • Trendmixed

    Averages disagree

    Close $931.38 sits between the 50-day ($936.35) and 200-day ($856.15) averages, or the averages disagree.

    See the chart
  • GekkoIndexmixed

    54.3, Neutral

    Reading 54.3 is in the Neutral zone.

    See the GekkoIndex
  • Fair valuesupportive

    9.1% below

    Price is 9.1% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyheadwind

    Leans bearish

    Last 30 days: 1 unusual options signal.

    See smart money
  • Earnings risksupportive

    Reports in 112 days

    Next report Feb 25, 2027, 112 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    −0.3% on average

    From this point in the calendar, the next 20 trading days averaged −0.3% over 5 years, rising in 3 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

argenx stock chart and price history

argenx closed at $931.38 on Nov 4, 2026, +12.7% over the past year, inside a 52-week range of $661.85 to $1,072.75.

Close50-day average200-day averageVolume
argenx share price, past year, with 50-day and 200-day moving averages and volume$700$800$900$1000DecJan 2026FebMarAprMayJunJulAugSepOct931.38

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
+0.1%
3 months
+6.4%
6 months
+15.3%
1 year
+12.7%
The full ARGX chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open ARGX in Gekko

Follow argenx through every session

Put ARGX on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.

Track ARGX in GekkoFree for 7 days. No credit card required.

About argenx

argenx works on medicines for people whose immune systems attack their own bodies, turning early research into treatments that reach patients. Its main therapy, efgartigimod, underpins the medicines it sells under the VYVGART, VYVGART HYTRULO and VYVDURA brands, currently used against nerve and blood disorders where the immune system is overactive, with additional uses under study in a long list of other conditions.

Alongside these approved products, the company keeps a wider set of experimental drugs moving through testing, among them empasiprubart, ARGX-119, ARGX-213 and other early-stage candidates aimed at different immune targets. Much of this work relies on outside partners: argenx has struck deals with companies such as AbbVie, Zai Lab and LEO Pharma, joined forces with Genmab on antibody research, and linked up with IQVIA for drug-safety support, plus various academic and research collaborators. Sales and trials reach patients across the Americas, Asia, Europe, the Middle East and Africa.

Founded in Amsterdam in 2008, argenx operates under the European public-company structure known as an SE. Its stock trades under the ticker ARGX.

Sector
Health technology
Website
argenx.com

argenx GekkoIndex: the smart money zone

argenx’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 54.3, in the Neutral zone, down 4.8 points over five sessions.

010054.3Neutral

Down 4.8 points over five sessions.

Reading for Nov 4, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying46+0.9%+1.7%+2.9%+5.8%
Accumulation138+0.2%+0.2%+3.1%+8.2%
Neutral (current zone)406+1.2%+2.1%+3.1%+9.7%
Distribution58−0.8%+0.2%+1.7%+4.9%
Selling2Too few readings yet

Average ARGX share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Neutral readings averaged +1.0% over 20 days. Past behaviour doesn’t guarantee future results.

Neutral zone: No clear directional signal. About the five zones →

See every daily GekkoIndex reading plotted over the ARGX price, zone by zone.Track ARGX in Gekko

Is argenx stock overvalued? Gekko Fair Value

argenx trades 9.1% below Gekko Fair Value of $1,025.11, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what argenx shares are worth, recalculated every trading day.

$1,025.11

Gekko Fair Value, Oct 31, 2026

9.1% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open ARGX in Gekko

argenx insider and Congress trading

No open-market insider purchases were filed for argenx, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for ARGX in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every ARGX insider filing, plotted on the chart in Gekko.Open ARGX in Gekko

Congress trades last 90 days

No trades in ARGX were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for ARGX, plotted on the chart in Gekko.Open ARGX in Gekko

Buybacks

argenx has been buying back its own shares.

Bought back, quarter ended Dec 31, 2024
$20.08M
As a share of market cap
0.03%

From company filings.

Unusual options activity last 30 days

1signal, 17% of the flagged premium in calls.

Latest: Bearish flow on Oct 23, $1.30M in unusual premium.

Hedge funds and billionaires quarter ended Dec 31

0of the funds Gekko tracks hold ARGX.

0added0opened0trimmed1sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko

argenx earnings: next date and track record

argenx reports on Feb 25, 2027, before the open (112 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±7%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+6.5%Jul ’24+8.0%Oct ’24−11.8%May ’25+12.5%Jul ’25−0.4%Oct ’25−6.1%Feb ’26−3.1%May ’26+7.8%Jul ’26

Last earnings call, Jul 23, 2026 AI summary

What they said
ARGX reported its 18th consecutive quarter of growth in Q2 2026, driven by VYVGART expansion across MG and CIDP indications globally. Key milestone achieved with seronegative gMG approval, making VYVGART the first treatment across all gMG serotypes. Two registrational readouts expected before year-end: autoimmune myositis (Phase III) and empasiprubart in MMN. Pipeline includes 6+ molecules targeting late-stage development by 2030.
Guidance
Management targets 10 labeled indications supporting Vision 2030 growth roadmap. Two registrational readouts expected before year-end in myositis and MMN. Rheumatology data expected H2 2027; goal of 5 late-stage molecules by 2030.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 23, 2026$7.32
est $6.27
+16.7%$2.82B
est $1.88B
+49.8%+7.8%
May 7, 2026$5.52
est $4.92
+12.2%$2.41B
est $1.45B
+66.0%−3.1%
Feb 26, 2026$6.79
est $5.95
+14.2%——−6.1%
Oct 30, 2025$5.18
est $4.37
+18.5%$948.0M
est $1.28B
−25.7%−0.4%
Jul 31, 2025$3.26
est $2.61
+24.9%——+12.5%
May 8, 2025$2.58
est $2.32
+11.2%$573.2M
est $861.8M
−33.5%−11.8%
Oct 31, 2024$1.39
est $0.10
+1,290.0%$901.9M
est $665.1M
+35.6%+8.0%
Jul 25, 2024$0.45
est −$0.98
+145.9%——+6.5%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

argenx stock forecast and analyst price targets

Analysts’ average 12-month price target for argenx is $1,147.35, +23.2% from the last close, from 20 firms rating the stock in the last 90 days.

$1,147.35consensus 12-month target, +23.2% from the last close
Low $861High $1,400
Buy19
Hold1
Sell0

Each firm’s latest rating in the last 90 days: 20 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Oct 28CitiBuy, maintained$1,232+32.3%
Oct 28Bank of America SecuritiesBuy, maintained$1,157+24.2%
Oct 27CitiBuy, reiterated$1,232+32.3%
Oct 25Stifel NicolausBuy, maintained$1,200+28.8%
Oct 23Morgan StanleyBuy, reiterated$1,190+27.8%
+3.1%average 20-day move after past Neutral readings
−0.3%average move over the next 20 trading days in the last 5 years
±3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

argenx seasonality: the next 20 trading days

Over the next 20 trading days from Nov 4, argenx averaged −0.3% across the last 5 years, rising in 3 of them.

Next 20 trading days, by year

−14.2%2021+7.4%2022−6.8%2023+3.0%2024+10.9%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−0.5%2 of 5
Next 10 trading days−1.5%1 of 5
Next 15 trading days−0.1%3 of 5
Next 20 trading days−0.3%3 of 5
Next 30 trading days0.0%3 of 5

For scale, ARGX’s typical 20-trading-day move in either direction is about 5.5%.

argenx market cap and key statistics

argenx’s market cap is $58.57B, with a P/E ratio of 31.1 and revenue of $5.92B over the last twelve months.

Valuation

Market cap
$58.57B
P/E ratio
31.1
Forward P/E
25.6
EPS, TTM
$28.87
Gekko Fair Value
$1,025.11

Trading

Volume
645,794
Avg volume, 20 days
523,616
52-week high
$1,072.75
52-week low
$661.85
Shares outstanding
62.89M

Financials

Revenue, TTM
$5.92B
Profit margin
31.7%
Return on equity
23.6%
Quarterly earnings growth, YoY
+50.6%

Risk and income

Beta
-0.04
Typical daily move
±3%
Typical 20-day move
±5.5%

argenx stock news this week

Coverage of argenx this week reads neutral: 2 positive, 4 neutral and 0 negative headlines.

News sentiment neutral

More stocks

In the Buying zone today

Reporting earnings this week

Popular on Gekko

More stocks in Health technology

argenx stock FAQ

What is argenx’s market cap?

argenx’s market cap is $58.57B at the Nov 4, 2026 close of $931.38, with 62.89M shares outstanding. The shares trade on a P/E ratio of 31.1.

What is the argenx stock forecast?

The consensus analyst 12-month price target for argenx is $1,147.35, +23.2% from the last close. Of the 20 firms that rated the stock in the last 90 days, 19 rate it a buy, 1 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is argenx stock overvalued or undervalued?

On Gekko’s estimate argenx is undervalued: the Nov 4, 2026 close of $931.38 is 9.1% below Gekko Fair Value of $1,025.11. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does argenx report earnings next?

argenx is expected to report on Feb 25, 2027, before the market opens (112 days away). Analysts expect earnings of $7.70 per share on revenue of $3.35B. argenx beat the earnings estimate in 8 of its last 8 reports, moving 7% on average across the report.

What is argenx’s 52-week high and low?

argenx’s 52-week high is $1,072.75 and its 52-week low is $661.85; it closed at $931.38 on Nov 4, 2026, +12.7% over the past year.

Is argenx stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 2 of the 6 items with data read as supportive (fair value and earnings risk), 3 as mixed (trend, gekkoindex and seasonality) and 1 as a headwind (smart money). The checklist is a description of current data, not a recommendation.

Is there unusual options activity in argenx?

Gekko flagged 1 unusual options signal in argenx over the last 30 days, with $223K of flagged premium in calls and $1.08M in puts. The latest, bearish flow, was on Oct 23, 2026 with $1.30M in unusual premium. The signal-by-signal table is in Gekko.

How this page works

During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

See argenx the way Gekko members do

Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.

Join 1,461 other traders using Gekko

Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.