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argenx NV ADR(ARGX)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
4-STAR RATING
SELL
SELL for 3 days
PROFIT SINCE LAST BUY
-4.75% ▼
LAST CLOSE
$959.49
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for ARGX

09/25/2026: ARGX (4-star) is a SELL. SELL for 3 days. Simulated Profits (-4.75%). Updated daily EoD!

argenx is a growing biotechnology company that specializes in developing innovative antibody-based therapies for autoimmune diseases. Its primary asset, VYVGART, has established a firm position in treating generalized myasthenia gravis and CIDP, serving as the main driver of its current revenue growth. The company's investment story centers on its potential to expand this drug into new indications while leveraging its proprietary discovery platform. Key risks include significant competition within the immunology space, the challenges of maintaining rapid commercial growth, and high operational costs. The stock may best suit growth-oriented investors who are comfortable with the inherent volatility of the biotechnology sector.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company offers significant top-line growth potential through the expansion of its lead asset, VYVGART.
Momentum investorStrong fit while signal remains positiveThe stock often reacts positively to clinical trial results and new regulatory approvals.
Value investorWeak fitThe stock trades at a premium based on future growth expectations rather than current earnings or book value.
Dividend investorWeak fitargenx does not pay a dividend and is not suitable for income-seeking investors.
Low-risk investorWeak fitBiotechnology stocks are inherently volatile and subject to binary outcomes from clinical results.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock's value is highly sensitive to clinical trial data and regulatory news.
Valuation riskMedium / highCurrent valuations rely heavily on long-term growth and successful label expansion.
Competition risk (FcRn inhibitors)Medium / highMultiple competitors are developing similar drugs which could erode market share.
Business qualityMediumWhile the platform is innovative, the company is still maturing its commercial operations.
Dividend incomeLow / noneInvestors should not expect any income from this holding.
Execution riskMediumScaling commercial distribution and maintaining high growth rates is challenging.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 52.16%
Avg. Invested days 58
Today’s Advisory SELL
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 3.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ARGX receives a 4-star rating, supported by strong unit economics, solid company fundamentals, solid quantitative characteristics, and strong analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
ARGX has solid overall fundamentals (4 stars), with solid financial health, strong growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+55.1%) and strong cash generation (FCF margin 20.3%) are partially offset by very low insider ownership of 0.00%.

Financial Health Rating

★★★★★
ARGX's financial health is supported by strong cash strength, including free-cash-flow generation (20.3% of revenue). Operating efficiency is solid (4 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is ARGX's strongest growth driver at +659.0% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+89.6%, strong) and earnings growth (+55.1%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 46.1% and approximately 2509.9% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.00%, which materially reduces the ownership score.

Top 5 Institutional Investors

FMR Inc 7.98%
T. Rowe Price Associates, Inc. 5.39%
HHG PLC 4.06%
Capital World Investors 3.52%
Artisan Partners Limited Partnership 2.41%

Unit Economics (Per $1K Revenue)

★★★★★
ARGX generates approximately $891 of gross profit, $254 of operating income, and $203 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: -1.05% (Tax Credit)

Quantitative Style Profile

★★★★★
ARGX has a high-quality, large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Quality TiltLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 59.84B USD
Price to earnings Ratio 36.61
1Y Target Price 1180.61
Price to earnings Ratio 36.61
1Y Target Price 1180.61
Volume (30-day avg) 274.1K shares
Beta -0.03
52 Weeks Range 661.85 - 1072.75
Updated Date 09/25/2026
52 Weeks Range 661.85 - 1072.75
Updated Date 09/25/2026
Dividends yield (FY) -
Basic EPS (TTM) 26.28

How Company Makes Money

Business areaWhat it includesRetail investor read
Product RevenueGlobal net sales of VYVGART for various autoimmune indications.The vast majority of the company's money comes from selling its single approved drug, VYVGART.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 36.61
Forward PE 25.91
Enterprise Value 54.72B
Price to Sales(TTM) 11.32
Enterprise Value 54.72B
Price to Sales(TTM) 11.32
Enterprise Value to Revenue 10.47
Enterprise Value to EBITDA 30.68
Shares Outstanding 62.19M
Shares Floating 1.56B
Shares Outstanding 62.19M
Shares Floating 1.56B
Percent Insiders -
Percent Institutions 46.08

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About argenx NV ADR

Exchange NASDAQ
Headquarters -
IPO Launch date 2017-05-18
CEO & Executive Director Ms. Karen Massey
Sector Healthcare
Industry Biotechnology
Full time employees 1863
Full time employees 1863

argenx SE, a commercial-stage biopharma company, develops various therapies for the treatment of autoimmune diseases in the United States, Japan, China, the Netherlands, and internationally. The company offers VYVGART for the treatment of gMG and immune thrombocytopenia (ITP), and VYVGART HYTRULO for the treatment of gMG and chronic inflammatory demyelinating polyneuropathy (CIDP). It also develops efgartigimod for the treatment of seronegative gMG, ocular myasthenia gravis (MG), primary ITP, grave's disease, myositis, Sjögren's disease, systemic sclerosis, and AMR; empasiprubart for MMN, delayed graft function, and CIDP; and adimanebart for congenital myasthenic syndrome and spinal muscular atrophy. In addition, the company is developing ARGX-213, a neonatal Fc receptor (FcRn)-targeted antibody engineered for half-life extension and sustained IgG reduction; ARGX-124, a FcRn pipeline candidate; ARGX-109, which targets IL-6 to treat inflammation; ARGX-121, which targets immunoglobulin A; and ARGX-118, which develops antibodies against Galectin-10, as well as cusatuzumab, ARGX-112, ARGX-114, and ARGX-115. It has strategic partnerships and license agreements with Zai Lab to develop and commercialize efgartigimod; Halozyme Therapeutics to its ENHANZE for the prevention and treatment of human diseases; OncoVerity, Inc for cusatuzumab; and AbbVie, Inc. for ARGX-115. argenx SE was incorporated in 2008 and is based in Amsterdam, the Netherlands.