Sep. 9 at 6:47 PM
On Sept. 2,
$AGX reported better-than-expected Q2 financial results. The company’s stock fell around 33% over the past month and has a 52-week low of
$197.00. It fell again today after a downgrade from Piper Sandler and a
$273 price target, with the analyst citing concerns about the company's near-term growth trajectory, soft margins, and a cautious outlook for FY 2029.
•EPS Beat: Reported adjusted EPS of
$3.76 vs.
$2.66 estimate.
•Revenue Record: Reached
$384M, up 62% YOY.
•Net Income: Jumped to
$53.3M.
$AGX continues to generate significant cash flow and increased its total balance of cash, cash equivalents, and investments during the quarter. Total balances were
$1.03B as of July 31, 2026. The Company had no debt. #Long
