Argan, Inc. reported a record Q2 FY27 revenue of $384 million, marking a 61.5% increase year-on-year due to strong growth across all business segments. The company benefits from healthy demand, ongoing power infrastructure projects, and a substantial backlog, supporting expectations for continued double-digit revenue growth through FY27. Although the backlog decreased to $2.5 billion due to rapid project completions, management anticipates winning major new projects within 7 to 15 months. The company’s attractive valuation and solid growth outlook have led to a strong buy rating after a recent stock correction.
Argan stock is discussed here with Pluang's Industrials sector market context as of Oct 06, 2026 03:42 WIB: Among 93 priced Industrials-sector US stocks tradable on Pluang, 44 rose and 48 fell today. Notable movers include LUNR (Intuitive Machines) at USD 14.30 with a 1-day change of -2.79% and Pluang order activity showing 0% Sell / 100% Buy, BMI (Badger Meter Inc) at USD 124.28 down 2.73%, and EH (EHang Holdings Ltd - ADR) at USD 4.03 down 2.66%. Typical hold times on Pluang range from 5 to 46 days for these stocks.
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