argenx SE (ARGX) Stock Price & Analysis

argenx SE (ARGX) closed at USD 875.76 on Thursday, October 22, 2026, down 1.61% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 890.05; the Oct 22, 2026 session ranged USD 853.28–897.27 on volume of 1,006,127 shares. Market capitalization is $55.07B, with a 52-week range of USD 661.85–1,072.75 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:08 UTC.

Also available as compact Markdown for AI agents: nexqual.com/ARGX.md

Key facts (ARGX)

Analysts (ARGX)

Consensus Buy (mean 1.84 on a 1–5 scale), 25 analysts; mean target USD 1,150.91 (low 861, high 1,356).

Rating changes, last 120 days:

DateFirmActionRatingPrice target
2026-10-20RBC CapitalTarget loweredOutperform$1100 → $1025
2026-10-14Wells FargoTarget raisedOverweight$1355 → $1356
2026-10-12OppenheimerTarget loweredOutperform$1100 → $1038
2026-10-09Evercore ISI GroupTarget loweredOutperform$1175 → $1078
2026-10-09BairdTarget loweredNeutral$932 → $823
2026-09-08WedbushReiteratedOutperform$1150
2026-09-03WedbushReiteratedOutperform$1150
2026-08-31Morgan StanleyTarget raisedOverweight$1230 → $1250
2026-08-26UBSUpgradeNeutral → Buy$960 → $1400
2026-08-26Wells FargoTarget raisedOverweight$1350 → $1415
2026-08-18Truist SecuritiesTarget raisedBuy$1030 → $1095
2026-08-18Morgan StanleyTarget raisedOverweight$1200 → $1230

Total return (dividends reinvested) (ARGX)

1Y (from 2025-10-23)5Y (from 2021-10-18)
Total return+7.8%+198.7%
S&P 500 (SPY)+14.9%+80.3%
Per year+7.9%+24.4%
Volatility (annualized)36.9%37.9%
Max drawdown-28.6% (Nov 2025→Mar 2026)-34.3% (Jul 2023→Apr 2024)

ARGX suppliers, customers and competitors (named in its 20-F)

RelationshipCompanySentence in the filing
PartnerAbbVie (ABBV)“currently have collaborative research relationships with various pharmaceutical companies such as AbbVie, Zai Lab and”
PartnerHALOZYME THERAPEUTICS, INC. (HALO)“In February 2019, the Company entered into a global collaboration and license agreement with Halozyme Therapeutics,”
PartnerLonza“The Company's commercial supply is manufactured in collaboration with Lonza and Fujifilm.”

Quoted from the company's 20-F filed Mar 19, 2026.

ARGX analyst estimates and revisions

PeriodEPS estimate90 days agoChangeRevenue estimateAnalysts
Current quarter (ends Dec 2026)$7.32$8.14-10.1%$1.89B2
Next quarter (ends Mar 2027)$6.49$7.93-18.2%$1.85B1
Current fiscal year (ends Dec 2026)$28.27$27.83+1.6%$6.37B4
Next fiscal year (ends Dec 2027)$33.31$39.05-14.7%$7.77B4

ARGX options: expected move

ExpirationDaysATM implied volatilityExpected move
Nov 20, 20262834.6%±7.8%
Dec 18, 20265639.0%±12.3%
Jan 15, 20278439.1%±15.0%
Feb 19, 202711938.6%±17.6%
Mar 19, 202714738.9%±19.7%
May 21, 202721039.4%±23.9%

30-day implied volatility 36.2% vs 46.8% realized over the last 30 trading days. Put/call ratio (volume) 1.86. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 10:08 UTC)

PriceUSD 875.76
Change▼ 1.61% (down)
Previous CloseUSD 890.05
OpenUSD 853.28
Day RangeUSD 853.28 – 897.27
52-Week RangeUSD 661.85 – 1,072.75
Volume1,006,127 shares
Market Cap$55.07B
ExchangeNMS

Technical Analysis (ARGX)

Nexqual's technical model rates ARGX "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 10:08 UTC.

Overall SignalSTRONG SELL
RSI (14)43.7 (neutral)
vs SMA50Below (USD 952.65)
MACD-28.41 (negative)

Analyst Ratings (ARGX)

Wall Street analysts rate ARGX "Buy" based on 25 analysts, with a mean price target of USD 1,150.91 (range USD 861–1,356), per Nexqual as of October 23, 2026 at 10:08 UTC.

Consensus RatingBuy
Analyst Count25
Mean TargetUSD 1,150.91
High TargetUSD 1,356
Low TargetUSD 861
Buy / Hold / Sell22 / 3 / 0

Earnings (ARGX)

Next Earnings Date2026-10-22
EPS EstimateUSD 7.32
Revenue Estimate$1.89B

Recent Earnings History

QuarterActual vs Estimate
2026-09-30USD 7.8 vs est -27.83 ▲ beat
2026-06-30USD 7.32 vs est 6.19 ▲ beat
2026-03-31USD 5.52 vs est 4.92 ▲ beat
2025-12-31USD 8.02 vs est 6.11 ▲ beat

Source: Nexqual, October 23, 2026 at 10:08 UTC.

Financials & Fundamentals (ARGX)

Total Revenue$5.32B
Revenue Growth (latest quarter, YoY)+59.30%
Gross Margin+59.07%
Operating Margin+31.99%
Profit Margin+32.27%
ROE+23.64%
Debt / Equity0.01
Current Ratio5.12
Total Cash$5.18B
Total Debt$47.00M

Source: Nexqual, October 23, 2026 at 10:08 UTC.

Financial Health Score (ARGX)

Nexqual rates argenx SE's overall financial health "Strong" across five dimensions, as of October 23, 2026 at 10:08 UTC.

GrowthStrong — Revenue +89% YoY (annual)
ProfitabilityStrong — Gross margin 59%, operating 32% (last 12 months)
Balance SheetStrong — $5.18B cash vs $47M debt, net cash position
Cash FlowSolid — Operating cash flow $974M (TTM)
EfficiencyStrong — ROE 24%, ROA 11.6%

Ownership (ARGX)

Insider Ownership+0.00%
Institutional Ownership+46.12%
Shares Outstanding62.89M
Float1.56B
Short % of Float+2.16%

Source: Nexqual, October 23, 2026 at 10:08 UTC.

Leadership (ARGX)

argenx SE is led by Karen Massey, CEO & Executive Director, per Nexqual as of October 23, 2026 at 10:08 UTC.

CEO & Executive DirectorKaren Massey
Co-Founder & Non-Independent Non-Executive Chairman of the BoardTimothy Van Hauwermeiren EMBA, M.Sc.
Chief Financial OfficerKarl Gubitz
Chief Scientific OfficerPeter Ulrichts
Chief Technology Innovation OfficerFilip Borgions

Major Backers & Investors (ARGX)

Notable institutional backers of argenx SE include FMR, LLC, Price (T.Rowe) Associates Inc, Jupiter Topco LLC, according to Nexqual as of October 23, 2026 at 10:08 UTC.

Active Investors

InvestorStake
FMR, LLC8.32%
Price (T.Rowe) Associates Inc4.26%
Jupiter Topco LLC3.93%
Capital Group3.5%
Artisan Partners Limited Partnership2.4%
Fidelity2.1%
Avoro Capital Advisors LLC1.59%
AMERICAN FUNDS INSURANCE SERIES-Eupac Fund1.51%

Source: Nexqual, October 23, 2026 at 10:08 UTC.

Peers & Related Stocks

SymbolNamePriceChange
ONCBeOne Medicines Ltd.USD 382.27▼ 1.08%
MRNAModerna, Inc.USD 202.63▼ 17.57%
RVMDRevolution Medicines, Inc.USD 187.69▼ 3.39%
REGNRegeneron Pharmaceuticals, Inc.USD 819.09▲ 1.67%
RPRXRoyalty Pharma plcUSD 63.75▲ 2.57%
ALNYAlnylam Pharmaceuticals, Inc.USD 227.28▲ 0.97%

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:08 UTC. This page is informational and not investment advice.

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