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Argenx stock rises on strong Vyvgart sales and higher price target from RBC Capital

Company Fundamentals
23 Jul 2026
Andrew Wynn
View Source
Bullish
pluang ai news

Argenx reported strong Q2 product net sales of $1.5 billion, a 60% increase year-over-year, driven by robust sales of its autoimmune treatment Vyvgart. RBC Capital raised its price target for Argenx stock to $1,025 from $945 and maintained an Outperform rating, reflecting confidence in the company's consistent growth and alignment with its Vision 2030 plan. This marks Argenx's 18th consecutive quarter of growth, highlighting its expanding market presence. The stock gained 8.56% to trade at $924.60, with a market cap of about $57.5 billion.

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