argenx SE

ENXTBR:ARGX Aktierapport

Börsvärde: €47.4b

argenx Förvaltning

Förvaltning kriterier kontrolleras 3/4

argenx VD är Karen Massey, utsedd i May 2026, har en mandatperiod på mindre än ett år. totala årliga ersättningen är $ 6.32M, bestående av 11.7% lön 88.3% bonusar, inklusive företagsaktier och optioner. äger direkt 0.007% av företagets aktier, värda € 3.35M. Den genomsnittliga mandatperioden för ledningsgruppen och styrelsen är 4.3 år respektive 3.6 år.

Viktig information

Karen Massey

Verkställande direktör

US$6.3m

Total ersättning

VD-lön i procent11.73%
Anställning som VDless than a year
Ägande av VD0.007%
Ledningens genomsnittliga anställningstid4.3yrs
Styrelsens genomsnittliga mandatperiod3.6yrs

Senaste uppdateringar av ledningen

Recent updates

Uppdatering av berättelse Jun 16

ARGX: Phase 3 Myositis And ALKIVIA Outcomes Will Test Elevated Stock Expectations

The analyst fair value estimate for argenx has been revised from €614.80 to €644.90 as analysts factor in higher Street price targets and upcoming Phase 3 myositis and ALKIVIA study readouts for Vyvgart and efgartigimod. Analyst Commentary on argenx Recent Street research around argenx highlights a mix of optimism on the clinical pipeline and caution on execution and valuation, giving investors a more balanced picture of risk around Vyvgart and efgartigimod ahead of the Phase 3 myositis and ALKIVIA readouts.
Uppdatering av berättelse Jun 02

ARGX: Expanded gMG Label And Myositis Readouts Will Drive Future Repricing Potential

Analysts have nudged their blended price target for argenx higher to about €1,000, reflecting incremental target increases up to €1,291, as they point to upcoming Vyvgart and efgartigimod Phase 3 data and ongoing profitability as key supports for the updated view. Analyst Commentary Bullish analysts are leaning into a constructive view on argenx, pointing to upcoming clinical readouts and recent profitability as key pieces of the story rather than short term trading factors.
Ny berättelse May 20

High-growth biotech compounding story if VYVGART becomes a multi-indication platform drug

Investment Memo – argenx SE 1. Executive Summary argenx is a commercial-stage biotech in immunology with an active blockbuster (VYVGART) and an advanced pipeline focused on rare autoimmune diseases.
Uppdatering av berättelse May 14

ARGX: Expanded Neuromuscular Indications Will Support Future Earnings Power

Analysts nudged their blended price target for argenx higher by about €2 to roughly €845, citing a slightly higher fair value estimate, modestly adjusted growth and discount rate assumptions, and support from recent research highlighting Vyvgart momentum and an expanded late stage pipeline. Analyst Commentary Recent research shows a split between analysts trimming targets on fine tuned assumptions and others lifting or reaffirming higher fair value estimates.
Uppdatering av berättelse Apr 29

ARGX: Graves And gMG Franchise Expansion Will Drive Future Repricing Potential

Analysts have nudged their argenx price targets slightly lower in recent weeks, trimming individual fair values by €30 to €92. They continue to cite ongoing Vyvgart momentum, a broader late stage pipeline and a less demanding valuation as key supports for the updated outlook.
Uppdatering av berättelse Apr 15

ARGX: Late Stage Neuromuscular Readouts Will Support Future Earnings Power

Analysts have made a modest upward tweak to the fair value estimate for argenx to €842.55, reflecting updated assumptions for Vyvgart momentum, slightly higher revenue growth expectations around 26.7%, a somewhat lower profit margin near 34.7%, and a higher future P/E of about 25.5x following recent price target revisions and ongoing support from research firms despite generally lower headline targets. Analyst Commentary Recent Street research on argenx reflects generally constructive views on Vyvgart execution and the broader pipeline, with some caution around spending plans and the current valuation.
Uppdatering av berättelse Apr 01

ARGX: Graves And gMG Expansion Will Drive Future Repricing Potential

Analysts have nudged the blended price target for argenx slightly higher to about €991. This reflects updated assumptions that pair more moderate revenue growth with a higher profit margin outlook and a somewhat richer future P/E, supported by recent research citing steady Vyvgart momentum, consistent profitability and a deep late stage pipeline.
Uppdatering av berättelse Mar 17

ARGX: Late Stage Neuromuscular Pipeline Readouts Will Drive Future Upside

Argenx's updated analyst price target reflects a modest recalibration, with fair value edging from about €845 to €839 as analysts factor in ongoing Vyvgart momentum, a slightly lower future P/E assumption and continued profitability. Analyst Commentary Recent Street research on argenx clusters around two themes: execution on Vyvgart and how much of that outlook is already reflected in the share price.
Uppdatering av berättelse Mar 03

ARGX: Expanded Neuromuscular Indications Will Drive Long Term Upside Potential

The analyst fair value estimate for argenx edges up from €825.51 to €845.07, as analysts trim long term growth and margin assumptions while still pointing to Vyvgart uptake, late stage pipeline breadth, and ongoing price targets mostly above the current level as key supports for the updated price target range. Analyst Commentary Recent Street research shows a mixed but generally constructive tone around argenx, with price targets adjusted both up and down while ratings largely stay positive.
Uppdatering av berättelse Feb 17

ARGX: Vyvgart Expansion Into Seronegative gMG Will Support Long Term Upside

Narrative Update Analysts have raised their average price target on argenx by a few euros to €825.51. This reflects updated models that incorporate slightly higher revenue growth assumptions, a modestly higher future P/E multiple and recent target increases from firms citing steady long term confidence in the story.
Uppdatering av berättelse Feb 03

ARGX: Future Sector Correlation Risk May Undermine Elevated Biotech Thesis

Analysts have lifted their fair value estimate for argenx from US$528.05 to US$614.80, citing updated models that incorporate revised revenue growth, profit margin and future P/E assumptions, in line with a series of recent price target increases from major brokerage firms. Analyst Commentary Recent Street research on argenx has featured a series of higher price targets in both U.S. dollars and euros, reflecting updated models rather than wholesale shifts in underlying views.
Uppdatering av berättelse Jan 20

ARGX: Graves Disease And gMG Franchise Will Drive Future Repricing

Analysts have raised their fair value estimate for argenx from about $885 to roughly $990.88, citing higher modeled revenue growth assumptions, updated P/E expectations, and a series of price target increases across the Street. Analysts continue to view the company constructively, even as some lists are being rebalanced.
Uppdatering av berättelse Jan 06

ARGX: Vyvgart Franchise Expansion Will Drive Upside Despite Pipeline Setbacks

Analysts have lifted their fair value estimate for argenx from $797.32 to $820.09. This reflects updated assumptions on discount rate, revenue growth, profit margins and future P/E after recent research that highlighted solid Q3 execution, optimism around Vyvgart's opportunity and some recalibration of upside potential.
Uppdatering av berättelse Dec 15

ARGX: Future Pipeline Readouts Will Balance Post Rally Expectations And Execution Risks

Analysts have nudged their average price target on argenx modestly higher by about $30 per share. This reflects stronger assumed revenue growth and higher future valuation multiples, even as they temper margin expectations in light of a more selective, probability-weighted view of the Vyvgart and empasiprubart pipelines.
Uppdatering av berättelse Nov 30

ARGX: Share Momentum Will Balance Pipeline Progress Against Post-Rally Expectations

Argenx's analyst price target has been modestly revised downward by approximately $4 to $766. Analysts are balancing optimism on new clinical data and pipeline expansion with tempered expectations following the recent stock rally.
Uppdatering av berättelse Nov 16

ARGX: Shares Will Weigh Expanding Indications Against Cooling Market Enthusiasm

Analysts have raised their price target for argenx by over $20 to approximately $770. They cite strong third-quarter performance, broadening growth drivers across Vyvgart indications, and confidence in the company’s expanding pipeline and commercial prospects.
Uppdatering av berättelse Nov 02

ARGX: Upcoming Phase 3 Readouts and Expanded Access Will Shape Future Outlook

Argenx's analyst price target has increased by over $24 to approximately $749. Analysts cite solid quarterly results, pipeline progress, and expanded commercial opportunities as key drivers for the upward revision.
Uppdatering av berättelse Sep 25

Aging Trends And Genomics Will Expand Autoimmune Treatment Opportunities

argenx’s consensus price target has been revised upward to €724.38 as analysts raise growth forecasts following strong Phase 3 Vyvgart data and expanding market opportunity, while improved revenue projections and robust pipeline momentum continue to offset valuation concerns. Analyst Commentary Bullish analysts are raising price targets on Argenx following positive topline Phase 3 data for Vyvgart in seronegative myasthenia gravis and successful primary endpoint achievement across patient subtypes, which expands the addressable market.
Uppdatering av berättelse Aug 29

Aging Trends And Genomics Will Expand Autoimmune Treatment Opportunities

argenx’s price target has been raised to €705.90 as analysts cite strong Vyvgart Phase 3 results, raised U.S. sales expectations, visible pipeline catalysts, and resilient uptake despite recent safety concerns. Analyst Commentary Bullish analysts cite Vyvgart’s positive Phase 3 ADAPT SERON results in seronegative generalized myasthenia gravis (gMG), demonstrating clinical improvement and supporting expansion into new patient subtypes.
Uppdatering av berättelse Aug 06

Aging Trends And Genomics Will Expand Autoimmune Treatment Opportunities

A sharp decline in argenx’s future P/E ratio, despite slightly lower revenue growth forecasts, has contributed to a notable increase in the consensus analyst price target from €665.23 to €700.31. What's in the News Argenx and Unnatural Products Inc.
Analysartikel Aug 01

What argenx SE's (EBR:ARGX) 25% Share Price Gain Is Not Telling You

argenx SE ( EBR:ARGX ) shares have had a really impressive month, gaining 25% after a shaky period beforehand. Looking...
Analysartikel Jun 30

We Think argenx (EBR:ARGX) Can Stay On Top Of Its Debt

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
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Ny berättelse Apr 27

Prefilled Syringe Launch And Pipeline Trials Will Expand Global Reach

Strong pipeline potential from advanced Phase III and proof-of-concept studies could drive new product approvals and market expansion, boosting revenues.

Analys av ersättningar till VD

Hur har Karen Massey:s ersättning förändrats jämfört med argenx:s resultat?
DatumTotal ersättningLönFöretagets resultat
Mar 31 2026n/an/a

US$1b

Dec 31 2025US$6mUS$742k

US$1b

Sep 30 2025n/an/a

US$2b

Jun 30 2025n/an/a

US$1b

Mar 31 2025n/an/a

US$1b

Dec 31 2024US$6mUS$656k

US$833m

Sep 30 2024n/an/a

-US$40m

Jun 30 2024n/an/a

-US$204m

Mar 31 2024n/an/a

-US$328m

Dec 31 2023US$8mUS$481k

-US$295m

Ersättning vs marknad: Karen s total kompensation ($USD 6.32M ) är över genomsnittet för företag av liknande storlek på Belgian marknaden ($USD 2.82M ).

Ersättning vs inkomst: Ersättningen från Karen har varit i linje med företagets resultat under det senaste året.


VD OCH KONCERNCHEF

Karen Massey (47 yo)

less than a year
Anställning
US$6,321,045
Kompensation

Ms. Karen Massey serves as CEO & Executive Director of argenx SE since May 6, 2026. She was Chief Operating Officer at argenx SE since March 13, 2023 until May 6, 2026. She has experience in the pharmaceut...


Ledningsgrupp

NamnPositionAnställningKompensationÄgarskap
Timothy Van Hauwermeiren
Co-Founder & Non-Executive Chairman of the Board11.9yrsUS$4.57m0.13%
€ 62.5m
Karen Massey
CEO & Executive Directorless than a yearUS$6.32m0.0071%
€ 3.3m
Karl Gubitz
Chief Financial Officer5yrsUS$4.24minga uppgifter
Peter Ulrichts
Chief Scientific Officer3.4yrsinga uppgifteringa uppgifter
Malini Moorthy
General Counsel & Corporate Secretary4.3yrsinga uppgifteringa uppgifter
Arjen Lemmen
Vice President of Corporate Development & Strategy10.1yrsinga uppgifteringa uppgifter
Andria Wilk
Global Head of Quality6.4yrsinga uppgifteringa uppgifter
Luc Truyen
Chief Medical Officer4.2yrsinga uppgifteringa uppgifter
Hans de Haard
Co-Founder & Member of Board Advisorsno datainga uppgifteringa uppgifter
Filip Borgions
Chief Technology Innovation Officer4.2yrsinga uppgifteringa uppgifter
Marc Schorpion
Global Head of Human Resources7.5yrsinga uppgifteringa uppgifter
Achim Plueckebaum
Global Head of Digital Technologiesless than a yearinga uppgifteringa uppgifter
4.3yrs
Genomsnittlig anställningstid
55yo
Genomsnittlig ålder

Erfaren ledning: ARGX s ledningsgrupp anses vara erfaren ( 4.3 års genomsnittlig anställningstid).


Styrelseledamöter

NamnPositionAnställningKompensationÄgarskap
Timothy Van Hauwermeiren
Co-Founder & Non-Executive Chairman of the Board11.9yrsUS$4.57m0.13%
€ 62.5m
Karen Massey
CEO & Executive Directorless than a yearUS$6.32m0.0071%
€ 3.3m
Hans de Haard
Co-Founder & Member of Board Advisorsno datainga uppgifteringa uppgifter
Anthony Rosenberg
Independent Vice Chairman9.2yrsUS$477.40k0.0037%
€ 1.7m
Brian Kotzin
Non-Executive Director2.1yrsUS$484.90k0.0016%
€ 754.2k
Mary Hedley
Member of Board Advisorsno datainga uppgifteringa uppgifter
Pamela M. Klein
Independent Non-Executive Director10.2yrsUS$472.40k0.0037%
€ 1.7m
David Lacey
Member of Board Advisorsno dataUS$622.58kinga uppgifter
Steve Krognes
Independent Non-Executive Director3.3yrsUS$490.84k0.0024%
€ 1.1m
Camilla Sylvest
Independent Non-Executive Director3.8yrsUS$464.90k0.0030%
€ 1.4m
Ana Cespedes
Independent Non-Executive Director3.5yrsUS$475.84k0.0021%
€ 986.7k
3.6yrs
Genomsnittlig anställningstid
64yo
Genomsnittlig ålder

Erfaren styrelse: ARGX s styrelse anses vara erfaren ( 3.6 års genomsnittlig mandatperiod).


Företagsanalys och finansiella data Status

UppgifterSenast uppdaterad (UTC-tid)
Analys av företag2026/06/19 19:29
Aktiekurs vid dagens slut2026/06/19 00:00
Intäkter2026/03/31
Årlig intjäning2025/12/31

Datakällor

Den data som används i vår företagsanalys kommer från S&P Global Market Intelligence LLC. Följande data används i vår analysmodell för att generera denna rapport. Data är normaliserade vilket kan medföra en fördröjning från det att källan är tillgänglig.

PaketUppgifterTidsramExempel US-källa
Företagets finansiella ställning10 år
  • Resultaträkning
  • Kassaflödesanalys
  • Balansräkning
Analytikernas konsensusuppskattningar+3 år
  • Prognos för finansiella poster
  • Analytikernas prismål
Marknadspriser30 år
  • Aktiekurser
  • Utdelningar, splittar och åtgärder
Ägarskap10 år
  • Största aktieägare
  • Insiderhandel
Förvaltning10 år
  • Ledningsgrupp
  • Styrelse och verkställande direktörer
Viktiga utvecklingstendenser10 år
  • Företagsmeddelanden

* Exempel för amerikanska värdepapper, för icke-amerikanska värdepapper används motsvarande regelverk och källor.

Om inget annat anges är all finansiell data baserad på en årsperiod men uppdateras kvartalsvis. Detta kallas data för efterföljande tolv månader (TTM) eller senaste tolv månader (LTM). Lär dig mer om detta.

Analysmodell och snöflinga

Detaljer om analysmodellen som används för att skapa denna rapport finns på vår Github-sida; vi har också guider om hur du använder våra rapporter och handledningar på Youtube.

Lär dig mer om det team i världsklass som utformade och byggde analysmodellen Simply Wall St.

Industri- och sektormått

Våra bransch- och sektionsmått beräknas var sjätte timme av Simply Wall St, detaljer om vår process finns tillgängliga på Github.

Källor för analytiker

argenx SE bevakas av 52 analytiker. 31 av dessa analytiker lämnade de uppskattningar av intäkter eller resultat som användes som indata till vår rapport. Analytikernas inskickade estimat uppdateras löpande under dagen.

AnalytikerInstitution
null nullBaird
Colleen KusyBaird
Joel BeattyBaird