argenx Future Growth

Future criteria checks 5/6

argenx is forecast to grow earnings and revenue by 60.1% and 23.4% per annum respectively. EPS is expected to grow by 59.9% per annum. Return on equity is forecast to be 18% in 3 years.

Key information

60.1%

Earnings growth rate

59.9%

EPS growth rate

Biotechs earnings growth	31.1%
Revenue growth rate	23.4%
Future return on equity	18.0%
Analyst coverage	Good
Last updated	18 May 2024

Recent future growth updates

Analyst Estimates: Here's What Brokers Think Of argenx SE (EBR:ARGX) After Its Yearly Report

Mar 24

Analysts Have Made A Financial Statement On argenx SE's (EBR:ARGX) Full-Year Report

Mar 05

Recent updates

argenx SE's (EBR:ARGX) CEO Looks Like They Deserve Their Pay Packet

May 01

Investors Appear Satisfied With argenx SE's (EBR:ARGX) Prospects

Apr 11

Analyst Estimates: Here's What Brokers Think Of argenx SE (EBR:ARGX) After Its Yearly Report

Mar 24

Analysts Have Made A Financial Statement On argenx SE's (EBR:ARGX) Full-Year Report

Mar 05

Earnings and Revenue Growth Forecasts

ENXTBR:ARGX - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	3,190	682	458	N/A	25
12/31/2025	2,505	182	124	N/A	30
12/31/2024	1,857	-170	-299	N/A	29
3/31/2024	1,451	-328	N/A	N/A	N/A
12/31/2023	1,269	-295	-464	-420	N/A
9/30/2023	1,029	-234	N/A	N/A	N/A
6/30/2023	835	-397	-758	-654	N/A
3/31/2023	639	-511	N/A	N/A	N/A
12/31/2022	441	-710	-967	-863	N/A
9/30/2022	286	-909	N/A	N/A	N/A
6/30/2022	146	-907	-874	-876	N/A
3/31/2022	381	-595	N/A	N/A	N/A
12/31/2021	528	-408	-728	-607	N/A
9/30/2021	510	-373	N/A	N/A	N/A
6/30/2021	526	-319	-601	-474	N/A
3/31/2021	206	-573	N/A	N/A	N/A
12/31/2020	62	-608	-404	-398	N/A
9/30/2020	75	-535	N/A	N/A	N/A
6/30/2020	70	-359	-263	-255	N/A
3/31/2020	73	-275	N/A	N/A	N/A
12/31/2019	93	-181	105	152	N/A
9/30/2019	72	-109	N/A	N/A	N/A
6/30/2019	68	-104	188	230	N/A
3/31/2019	70	-47	N/A	N/A	N/A
12/31/2018	33	-76	-62	-62	N/A
9/30/2018	41	-56	N/A	N/A	N/A
6/30/2018	44	-47	-57	-57	N/A
3/31/2018	50	-46	N/A	N/A	N/A
12/31/2017	49	-34	N/A	-44	N/A
9/30/2017	42	-30	N/A	N/A	N/A
6/30/2017	39	-25	N/A	-31	N/A
3/31/2017	23	-29	N/A	N/A	N/A
12/31/2016	18	-22	N/A	11	N/A
9/30/2016	17	-20	N/A	N/A	N/A
6/30/2016	14	-17	N/A	16	N/A
3/31/2016	12	-17	N/A	N/A	N/A
12/31/2015	11	-17	N/A	-15	N/A
9/30/2015	10	-16	N/A	N/A	N/A
6/30/2015	9	-14	N/A	-10	N/A
3/31/2015	7	-12	N/A	N/A	N/A
12/31/2014	7	-12	N/A	-6	N/A
9/30/2014	6	-10	N/A	N/A	N/A
6/30/2014	7	-8	N/A	-6	N/A
3/31/2014	7	-9	N/A	-8	N/A
12/31/2013	7	-8	N/A	-9	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARGX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.1%).

Earnings vs Market: ARGX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ARGX is expected to become profitable in the next 3 years.

Revenue vs Market: ARGX's revenue (23.4% per year) is forecast to grow faster than the Belgian market (6% per year).

High Growth Revenue: ARGX's revenue (23.4% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ARGX's Return on Equity is forecast to be low in 3 years time (18%).

argenx Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Consensus EPS estimates fall by 12%, revenue upgraded

Analyst Estimates: Here's What Brokers Think Of argenx SE (EBR:ARGX) After Its Yearly Report

Consensus EPS estimates upgraded to US$1.43 loss

Consensus estimates of losses per share improve by 13%

Analysts Have Made A Financial Statement On argenx SE's (EBR:ARGX) Full-Year Report

Price target decreased by 11% to €459

Recent updates

Consensus EPS estimates fall by 12%, revenue upgraded

First quarter 2024 earnings released: US$1.04 loss per share (vs US$0.52 loss in 1Q 2023)

argenx SE Appoints Dr. Brian L. Kotzin as Non-Executive Director to the Board of Directors

argenx SE's (EBR:ARGX) CEO Looks Like They Deserve Their Pay Packet

argenx SE Announces Data from its Phase 3 ADHERE Trial Evaluating VYVGART Hytrulo in Patients with Chronic Inflammatory Demyelinating Polyneuropathy

Investors Appear Satisfied With argenx SE's (EBR:ARGX) Prospects

argenx Se Advances Clinical Development of Efgartigimod in Primary Sjogren's Disease

Argenx SE Announces Approval of Vyvgart (Efgartigimod Alfa) in Japan for Adults with Primary Immune Thrombocytopenia

Analyst Estimates: Here's What Brokers Think Of argenx SE (EBR:ARGX) After Its Yearly Report

Consensus EPS estimates upgraded to US$1.43 loss

Consensus estimates of losses per share improve by 13%

Analysts Have Made A Financial Statement On argenx SE's (EBR:ARGX) Full-Year Report

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

argenx SE (EBR:ARGX) Shares Could Be 24% Below Their Intrinsic Value Estimate

argenx SE Announces FDA Acceptance of Supplemental Biologics License Application with Priority Review for VYVGART Hytrulo in Chronic Inflammatory Demyelinating Polyneuropathy

argenx SE Announces Approval of VYVDURA (efgartigimod Alfa and Hyaluronidase-qvfc) Injection for Subcutaneous Use in Japan for Generalized Myasthenia Gravis

argenx SE, Annual General Meeting, May 07, 2024

CEO & Executive Director recently sold €1.0m worth of stock

Price target decreased by 11% to €459

argenx SE Reports Topline Results from ADDRESS Study of Efgartigimod SC in Pemphigus

Getting In Cheap On argenx SE (EBR:ARGX) Is Unlikely

Forecast to breakeven in 2025

Forecast to breakeven in 2025

Consensus EPS estimates upgraded to US$4.76 loss, revenue downgraded

argenx SE Reports Topline Results from ADVANCE-SC Study of VYVGART Hytrulo in Primary Immune Thrombocytopenia

Consensus EPS estimates fall by 17%

argenx SE Announces European Commission Approval of Subcutaneous VYVGART (efgartigimod alfa) for Generalized Myasthenia Gravis

Argenx Se Announces 20 Presentations of Clinical Trial and Real-World Data from Studies of Vyvgart® and Vyvgart Hytrulo® (Vyvgart) in Neuromuscular Autoimmune Disease

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus estimates of losses per share improve by 16%

Consensus EPS estimates fall by 19%

Independent Chairman of the Board recently sold €3.8m worth of stock

Argenx Announces VYVGART (Efgartigimod Alfa) Authorized for Sale by Health Canada for Generalized Myasthenia Gravis

CEO & Executive Director exercised options to buy €36m worth of stock.

CEO & Executive Director recently sold €1.9m worth of stock

Independent Non-Executive Director exercised options and sold €3.3m worth of stock

Consensus EPS estimates upgraded to US$4.71 loss

Consensus revenue estimates increase by 10%

Price target increased by 8.0% to €491

Broker Revenue Forecasts For argenx SE (EBR:ARGX) Are Surging Higher

argenx SE to Report Fiscal Year 2023 Results on Feb 29, 2024

New minor risk - Shareholder dilution

Price target increased by 9.4% to €476

New major risk - Share price stability

Consensus EPS estimates upgraded to US$5.73 loss

Zai Lab and argenx Report Positive Topline Data from ADHERE Study of VYVGART Hytrulo in Patients with Chronic Inflammatory Demyelinating Polyneuropathy

Forecast to breakeven in 2025

Zai Lab and argenx Report Positive Topline Data from ADHERE Study of VYVGART Hytrulo in Patients with Chronic Inflammatory Demyelinating Polyneuropathy

An Intrinsic Calculation For argenx SE (EBR:ARGX) Suggests It's 31% Undervalued

Zai Lab Limited and argenx Announce Approval of VYVGART (efgartigimod alfa injection) for Generalized Myasthenia Gravis in China

argenx SE Announces U.S. Food and Drug Administration Approval of VYVGART Hytrulo Injection for Subcutaneous Use in Generalized Myasthenia Gravis

Revenues Tell The Story For argenx SE (EBR:ARGX)

Now 20% undervalued

Consensus EPS estimates upgraded to US$6.53 loss

Now 21% undervalued

Consensus estimates of losses per share improve by 13%

argenx (EBR:ARGX) Is Using Debt Safely

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Forecast to breakeven in 2025

We Think argenx (EBR:ARGX) Can Afford To Drive Business Growth

CEO & Executive Director recently sold €118k worth of stock

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Consensus estimates of losses per share improve by 23%

argenx SE Receives Notification of PDUFA Date Extension for SC Efgartigimod

argenx SE Announces Werner Lanthaler Will Resign as Non-Executive Director of Board and Chair of Audit and Compliance Committee

Forecast to breakeven in 2025

Does argenx (EBR:ARGX) Have A Healthy Balance Sheet?

argenx SE Appoints Ana Cespedes as Non-Executive Director to Its Board of Directors

argenx SE Announces U.S. FDA Acceptance of Biologics License Application for Subcutaneous Efgartigimod in Generalized Myasthenia Gravis with Priority Review