ARGX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $919.21
P/E 43.0
EPS $19.57
ROE 20.2%
52W Range $662–$1073

ARGX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

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10-Year Performance Revenue, net income, margins and EPS trends

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Revenue·
2016-12-31 → 2017-12-31
EPS$19.57
2019-12-31 → 2025-12-31
Free Cash Flow$679M
2017-12-31 → 2025-12-31
Net margin·
2017-12-31 → 2017-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend ARGX 5Y avg Peer Median Verdict
P/E 43.05Y avg ≈-11.1 ≈-11.1 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

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Avg Surprise 11.3%
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 $7.33 $6.29 16.5%
March 31, 2026 $5.52 $5.42 1.9%
Dec. 31, 2025 $8.02 $6.25 28.4%
Sept. 30, 2025 $5.18 $4.37 18.6%
June 30, 2025 $3.74 $3.04 23.2%
March 31, 2025 $8.02 $6.25 28.4%
Dec. 31, 2024 $0.93 $1.50 -38.1%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

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Income Statement 15
Metric Trend 2025202420232022202120202019201820172016
Revenue ········$36M$15M
Cost of Revenue $451M$227M$118M$29M······
R&D Expense $1.36B$983M$859M$663M$581M$371M$221M$84M$52M$32M
SG&A Expense $1.37B$1.06B$712M$472M$308M$172M$72M$27M$12M$7M
Operating Income $1.05B$-22M$-425M$-720M$-349M$-478M$-199M$-82M$-23M$-21M
Interest Expense $4M$2M$906.0K$4M$5M$8M$124.0K···
Interest Income $163M$158M$107M$28M$4M$6M$16M$4M$1M$73.0K
Pretax Income $1.28B$85M$-304M$-729M$-400M$-605M$-176M$-66M$-27M$-21M
Income Tax $-13M$-748M$-9M$-20M$9M$3M$5M$794.0K$597.0K$0
Net Income $1.29B$833M$-295M$-710M$-408M$-608M$-181M$-67M$-28M$-21M
EPS (Basic) $21.08$13.92$-5.16$-13.05$-7.99$-13.40$-4.69···
EPS (Diluted) $19.57$12.78$-5.16$-13.05$-7.99$-13.40$-4.69···
Shares (Basic) 61,295,14959,855,58557,169,25354,381,37151,075,82745,410,44238,619,12133,419,35624,609,53618,820,612
Shares (Diluted) 66,029,21565,177,81557,169,25354,381,371······
EBITDA $1.05B$-22M$-425M$-720M$-349M$-418M$-179M$-82M$-23M·
Balance Sheet 12
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents $3.49B$1.50B$2.05B$801M$1.33B$1.22B$372M$322M$191M$90M
Receivables $1.65B$904M$497M$276M$38M$7M$32M$3M$3M$2M
Inventory $474M$407M$311M$228M$109M$25M····
Current Assets $6.90B$4.88B$4.12B$2.77B$2.54B$2.06B$1.54B$572M$367M$102M
PP&E (Net) ··$23M$16M$16M$12M$9M$824.0K$676.0K$766.0K
Intangibles $272M$181M$125M$175M$172M$167M$45M$56.0K$13.0K$17.0K
Total Assets $8.68B$6.20B$4.54B$3.13B$2.85B$2.28B$1.61B$578M$371M$106M
Accounts Payable $1.27B$650M$414M$296M$293M$275M$96M$37M$15M$12M
Current Liabilities $1.32B$670M$423M$302M$301M$328M$180M$40M$25M$32M
Total Liabilities $1.36B$704M$445M$321M$316M$605M$430M$40M$26M$42M
Retained Earnings $-280M$-1.57B$-2.40B$-2.11B$-1.40B$-992M$-383M$-170M$-101M$-72M
Stockholders' Equity $7.32B$5.50B$4.10B$2.81B$2.53B$1.67B$1.18B$616M$343M$63M
Cash Flow 6
Metric Trend 2025202420232022202120202019201820172016
Operating Cash Flow $685M$-83M$-420M$-863M$-607M$-398M$152M$-54M$-37M$11M
CapEx $6M$2M$812.0K$837.0K$4M$1M$2M$622.0K$345.0K$840.0K
Investing Cash Flow $984M$-718M$308M$-461M$-347M$345M$-833M$-108M$-162M$-806.0K
Financing Cash Flow $233M$280M$1.34B$844M$1.12B$833M$734M$245M$305M$45M
Free Cash Flow $679M$-85M$-421M$-864M$-610M$-347M$133M$-54M$-37M·
Levered FCF $675M$-109M$-422M$-867M··$133M···
Profitability 7
Metric Trend 2025202420232022202120202019201820172016
Operating Margin ········-63.0%·
Net Margin ········-77.1%·
Pretax Margin ········-75.5%·
EBITDA Margin ········-63.0%·
ROA 17.4%15.5%-7.7%-23.7%-15.9%-30.5%-16.2%-14.0%-11.8%·
ROE 20.2%17.4%-8.5%-26.5%-19.4%-41.6%-19.6%-15.1%-13.8%·
ROIC 14.5%-3.9%-10.1%-24.9%-14.1%-30.8%-17.5%-15.4%-6.8%·
Liquidity & Solvency 3
Metric Trend 2025202420232022202120202019201820172016
Current Ratio 5.27.39.79.28.46.38.614.314.1·
Quick Ratio 3.93.66.03.64.63.72.27.17.5·
Interest Coverage 258.2-8.8-469.1-184.4··-1440.0···
Efficiency 3
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover ········0.2·
Inventory Turnover 1.00.60.40.2······
Receivables Turnover ········15.1·
Per Share 2
Metric Trend 2025202420232022202120202019201820172016
Cash Flow / Share $10.38$-1.27········
EPS (TTM) $19.57$12.78$-5.16$-13.05$-7.99$-13.40$-4.69···
Valuation (TTM) 4
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM ········$36M·
Net Income TTM $1.29B$833M$-295M$-710M$-408M$-608M$-181M$-67M$-28M·
P/E 43.048.1-73.7-29.0-43.8-21.9-34.2···
Earnings Yield 2.3%2.1%-1.4%-3.4%-2.3%-4.6%-2.9%···

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

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Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Net Income $1.29B $833M $-295M $-710M $-408M
Diluted EPS $19.57 $12.78 $-5.16 $-13.05 $-7.99

Institutional owners (13F) 541 filers · $23.1B total · As of Sept. 30, 2026

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Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 541
Value held $23.1B
New positions 85
Exited positions 47
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
85 (+17 vs prior Q) 47 (-41 vs prior Q) 183 (+2 vs prior Q) 167 (-11 vs prior Q) -2.5M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
FMR LLC $4,853,584,395 5,231,452 20.99% Shares
Capital World Investors $2,040,767,346 2,199,770 8.83% Shares
JANUS HENDERSON GROUP PLC $1,847,592,427 2,541,732 7.99% Shares
Artisan Partners Limited Partnership $1,399,799,026 1,508,778 6.05% Shares
Avoro Capital Advisors LLC $927,770,000 1,000,000 4.01% Shares
WELLINGTON MANAGEMENT GROUP LLP $863,334,518 930,548 3.73% Shares
BlackRock, Inc. $721,097,624 777,237 3.12% Shares
RTW INVESTMENTS, LP $658,202,715 709,446 2.85% Shares
MORGAN STANLEY $596,672,325 643,123 2.58% Shares
Invesco Ltd. $411,920,603 443,990 1.78% Shares
BANK OF AMERICA CORP /DE/ $371,325,384 400,234 1.61% Shares
ALLIANCEBERNSTEIN L.P. $288,931,445 395,661 1.25% Shares
Bellevue Group AG $279,258,770 301,000 1.21% Shares
SANDS CAPITAL MANAGEMENT, LLC $277,031,194 298,599 1.20% Shares
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC $245,489,701 264,617 1.06% Shares
SEI INVESTMENTS CO $236,651,864 255,073 1.02% Shares
Clearbridge Investments, LLC $235,446,001 253,776 1.02% Shares
JENNISON ASSOCIATES LLC $209,861,770 226,200 0.91% Shares
FRANKLIN RESOURCES INC $208,683,492 224,930 0.90% Shares
CITADEL ADVISORS LLC $197,073,193 212,416 0.85% Shares
Pictet Asset Management Holding SA $183,807,971 198,282 0.80% Shares
TWO SIGMA INVESTMENTS, LP $172,229,367 185,638 0.74% Shares
AMERIPRISE FINANCIAL INC $168,357,896 181,464 0.73% Shares
GOLDMAN SACHS GROUP INC $165,000,525 177,846 0.71% Shares
Legal & General Group Plc $164,367,479 177,164 0.71% Shares
AMERICAN CENTURY COMPANIES INC $160,689,474 173,193 0.70% Shares
Allspring Global Investments Holdings, LLC $155,368,976 170,829 0.67% Shares
BNP PARIBAS FINANCIAL MARKETS $146,548,694 157,958 0.63% Shares
1832 Asset Management L.P. $146,531,994 157,940 0.63% Shares
DEUTSCHE BANK AG\ $127,415,293 137,335 0.55% Shares
BAMCO INC /NY/ $126,783,482 136,654 0.55% Shares
BARCLAYS PLC $124,717,338 134,427 0.54% Shares
LAZARD ASSET MANAGEMENT LLC $122,462,170 131,996 0.53% Shares
Checkpoint Capital L.P. $121,800,429 131,283 0.53% Shares
EVENTIDE ASSET MANAGEMENT, LLC $116,575,798 125,668 0.50% Shares
AGF MANAGEMENT LTD $116,417,507 125,481 0.50% Shares
TWO SIGMA ADVISERS, LP $113,948,725 135,500 0.49% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $112,989,398 121,786 0.49% Shares
FIRST TRUST ADVISORS LP $94,112,988 101,440 0.41% Shares
MILLENNIUM MANAGEMENT LLC $87,582,416 94,401 0.38% Shares
ORBIMED ADVISORS LLC $86,171,278 92,880 0.37% Shares
Fiera Capital Corp $83,891,746 90,423 0.36% Shares
Capital Research Global Investors $82,117,850 88,511 0.36% Shares
FEDERATED HERMES, INC. $80,983,188 87,288 0.35% Shares
PINEBRIDGE INVESTMENTS LLC $80,762,379 87,050 0.35% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $78,860,450 85,000 0.34% Put option
Public Sector Pension Investment Board $78,211,011 84,300 0.34% Shares
Aberdeen Group plc $77,767,537 83,822 0.34% Shares
Candriam S.C.A. $74,261,415 80,120 0.32% Shares
BANK OF MONTREAL /CAN/ $71,635,905 77,213 0.31% Shares

Show all 541 institutional owners →

ETF ownership Held by 47 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
EWK · iShares, Inc. 17.00% 28,329 SH Sept. 11, 2026 Daily
TBXU · Direxion Shares ETF Trust 6.98% 210 NS July 31, 2026 N-PORT
IBRN · iShares Trust 4.34% 330 SH Sept. 11, 2026 Daily
IBB · iShares Trust 3.78% 397,091 SH Sept. 11, 2026 Daily
MEDI · Harbor ETF Trust 2.07% 1,001 NS July 31, 2026 N-PORT
IBBQ · Invesco Exchange-Traded Fund Trust … 1.71% 1,926 SH Oct. 2, 2026 Daily
QQQJ · Invesco Exchange-Traded Fund Trust … 1.28% 16,121 SH Oct. 2, 2026 Daily
IDHQ · Invesco Exchange-Traded Fund Trust … 0.91% 10,559 SH Oct. 2, 2026 Daily
MTRA · Invesco Actively Managed Exchange-T… 0.86% 1,247 SH Oct. 2, 2026 Daily
EZU · iShares, Inc. 0.81% 79,407 SH Sept. 11, 2026 Daily
IXJ · iShares Trust 0.78% 32,550 SH Sept. 11, 2026 Daily
ESIM · Strategy Shares 0.72% 152 NS July 31, 2026 N-PORT
EFG · iShares Trust 0.58% 96,695 SH Sept. 11, 2026 Daily
DMXF · iShares Trust 0.57% 5,439 SH Sept. 11, 2026 Daily
FFLG · FIDELITY COVINGTON TRUST 0.56% 3,851 NS July 31, 2026 N-PORT
SDG · iShares Trust 0.53% 882 SH Sept. 11, 2026 Daily
ACWV · iShares, Inc. 0.48% 16,058 SH Sept. 11, 2026 Daily
EFAV · iShares Trust 0.44% 24,123 SH Sept. 11, 2026 Daily
IEV · iShares Trust 0.44% 7,222 SH Sept. 11, 2026 Daily
IEUR · iShares Trust 0.40% 36,403 SH Sept. 11, 2026 Daily
TOUS · T. Rowe Price Exchange-Traded Funds… 0.39% 7,228 NS July 31, 2026 N-PORT
VGK · VANGUARD INTERNATIONAL EQUITY INDEX… 0.36% 148,921 SH Aug. 19, 2026 Daily
IQSI · New York Life Investments ETF Trust 0.36% 1,126 NS July 31, 2026 N-PORT
EFA · iShares Trust 0.28% 222,948 SH Sept. 11, 2026 Daily
IEFA · iShares Trust 0.24% 470,293 SH Sept. 11, 2026 Daily
IDEV · iShares Trust 0.21% 69,878 SH Sept. 11, 2026 Daily
IMFL · Invesco Exchange-Traded Self-Indexe… 0.19% 2,188 SH Oct. 2, 2026 Daily
ESGD · iShares Trust 0.18% 22,276 SH Sept. 11, 2026 Daily
VEA · VANGUARD TAX-MANAGED FUNDS 0.17% 605,295 SH Aug. 19, 2026 Daily
VSGX · VANGUARD WORLD FUND 0.17% 12,466 SH Aug. 19, 2026 Daily
ACWX · iShares Trust 0.17% 20,846 SH Sept. 11, 2026 Daily
PABD · iShares Trust 0.16% 535 SH Sept. 11, 2026 Daily
IXUS · iShares Trust 0.14% 86,557 SH Sept. 11, 2026 Daily
VEU · VANGUARD INTERNATIONAL EQUITY INDEX… 0.14% 145,014 SH Aug. 19, 2026 Daily
VXUS · VANGUARD STAR FUNDS 0.13% 911,087 SH Aug. 19, 2026 Daily
DFSI · Dimensional ETF Trust 0.13% 1,690 NS July 31, 2026 N-PORT
FBCG · FIDELITY COVINGTON TRUST 0.08% 6,407 NS July 31, 2026 N-PORT
FFSM · FIDELITY COVINGTON TRUST 0.08% 1,324 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.07% 175 SH Sept. 11, 2026 Daily
DFAI · Dimensional ETF Trust 0.07% 14,392 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.07% 5,581 SH Sept. 11, 2026 Daily
ACWI · iShares Trust 0.06% 19,591 SH Sept. 11, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.05% 52,287 SH Aug. 19, 2026 Daily
CRBN · iShares Trust 0.03% 406 SH Sept. 11, 2026 Daily
PXF · Invesco Exchange-Traded Fund Trust … 0.03% 915 SH Oct. 2, 2026 Daily
DFIC · Dimensional ETF Trust 0.02% 3,638 NS July 31, 2026 N-PORT
DFAX · Dimensional ETF Trust 0.01% 897 NS July 31, 2026 N-PORT

ARGX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 25 analysts BUY
Median target $1173.00 +27.6%
8 32.0% Strong Buy
14 56.0% Buy
3 12.0% Hold
0 0.0% Sell
0 0.0% Strong Sell

12-Month Price Target

23 analysts · 2026-09-20

Mean target $1180.61 +28.4%

Now Current price $919.21
Low$900.00 Mean$1180.61 High$1450.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
ARGX · 43.0 · · 20.2% ·
NAMS · · · · · ·
QURE $1.49B -6.9 -40.6% -1236.0% -204.2% ·
PRQR · -5.0 · · -61.2% ·

Latest News Recent headlines mentioning this company

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Source: SEC 20-F filed Mar 19, 2026