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Argenx stock jumps after positive Phase 3 trial results for new autoimmune myositis treatment.

Analyst Insights
18 Aug 2026
Andrew Wynn
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Bullish
Argenx stock jumps after positive Phase 3 trial results for new autoimmune myositis treatment.

Argenx reported successful Phase 3 clinical trial results for its drug VYVGART Hytrulo, targeting autoimmune myositis, especially benefiting patients with IMNM who lack approved therapies. The trial met its primary endpoint with statistically significant improvement, boosting investor confidence. Analyst Wedbush raised Argenx's price target to $1,150, indicating a potential 16.42% stock upside. This development highlights Argenx's progress in addressing severe autoimmune diseases and could drive future growth.

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