Argus
Upgrade grade
D
Downgrade grade
D
Argus Research Company was founded in 1971 and has established itself as an independent investment research firm with a strong reputation for fundamental equity analysis. The firm operates at a mid-market scale, with their approximately 2,542 analyst ratings covering a diverse range of US equities across multiple sectors, reflecting their broad-based research approach. Argus is particularly recognized for their deep expertise in consumer, industrials, healthcare, and utilities sectors, where they provide detailed company and industry analysis to institutional and individual investors. The firm has built its reputation on contrarian thinking and rigorous fundamental research rather than following consensus, often establishing positions ahead of major market inflection points and maintaining a disciplined valuation-driven philosophy that emphasizes long-term value creation over short-term trading trends.
Upgrades
505
63.17% win rate
· avg +0.63% D1
Downgrades
492
65.24% win rate
· avg -0.59% D1
Avg Gap — Upgrades
+0.78%
open vs prev close
Avg Gap — Downgrades
-0.90%
open vs prev close
Performance by Sector
| Sector | ↑ Win% | ↑ D1 | ↓ Win% | ↓ D1 |
|---|---|---|---|---|
| Consumer Cyclical | 68.38% (117) | +1.02% | 68.33% (120) | -0.60% |
| Industrials | 62.30% (61) | +0.47% | 70.97% (62) | -0.86% |
| Consumer Defensive | 68.97% (58) | +1.06% | 71.19% (59) | -1.03% |
| Technology | 55.17% (58) | +0.50% | 57.41% (54) | -0.22% |
| Healthcare | 64.29% (56) | +0.43% | 63.46% (52) | -0.98% |
| Utilities | 55.26% (38) | -0.01% | 82.14% (28) | -1.44% |
| Financial Services | 55.88% (34) | +0.35% | 54.84% (31) | +0.10% |
| Energy | 73.08% (26) | +0.75% | 53.33% (30) | +0.05% |
| Basic Materials | 68.00% (25) | +0.83% | 60.00% (20) | +0.24% |
| Communication Services | 52.38% (21) | +0.32% | 66.67% (15) | -0.22% |
| Real Estate | 60.00% (10) | +0.15% | 52.63% (19) | -0.48% |
Win Rate by Year
| Year | ↑ Win% | ↑ Calls | ↓ Win% | ↓ Calls |
|---|---|---|---|---|
| 2026 | 56.3% | 32 | 68.8% | 32 |
| 2025 | 78.3% | 23 | 68.0% | 25 |
| 2024 | 68.9% | 45 | 55.8% | 43 |
| 2023 | 80.0% | 30 | 69.7% | 33 |
| 2022 | 37.5% | 40 | 57.5% | 40 |
| 2021 | 75.0% | 60 | 66.7% | 39 |
| 2020 | 51.2% | 41 | 63.6% | 44 |
| 2019 | 69.2% | 26 | 63.4% | 41 |
| 2018 | 59.0% | 39 | 58.1% | 31 |
| 2017 | 52.4% | 42 | 71.4% | 35 |
Recent Calls
| Date | Ticker | Company | Sector | Action | Grade Change | PT | Gap | D1 |
|---|---|---|---|---|---|---|---|---|
| Oct 1, 2026 | REGN | Regeneron Pharmaceuticals, Inc. | Healthcare | Upgrade | Hold → Buy | $850 | +1.1% | -3.1% |
| Sep 29, 2026 | WBD | Warner Bros. Discovery, Inc. | Communication Services | Downgrade | Hold → Sell | — | -0.2% | -0.2% |
| Sep 28, 2026 | TXG | 10x Genomics, Inc. | Healthcare | Initiates | Buy | $110 | +0.3% | +3.3% |
| Sep 25, 2026 | LHX | L3Harris Technologies, Inc. | Industrials | Downgrade | Buy → Hold | — | +0.0% | -0.1% |
| Sep 25, 2026 | QSR | Restaurant Brands International Inc. | Consumer Cyclical | Downgrade | Buy → Hold | — | -1.1% | +1.0% |
| Sep 24, 2026 | YUM | Yum! Brands, Inc. | Consumer Cyclical | Downgrade | Buy → Hold | — | -0.8% | -2.3% |
| Aug 31, 2026 | ANF | Abercrombie & Fitch Co. | Consumer Cyclical | Upgrade | Hold → Buy | $162 | -0.3% | -3.6% |
| Aug 28, 2026 | ALL | The Allstate Corporation | Financial Services | Downgrade | Buy → Hold | — | +0.1% | +1.1% |
| Aug 28, 2026 | MRNA | Moderna, Inc. | Healthcare | Upgrade | Hold → Buy | $180 | -3.9% | -3.3% |
| Aug 26, 2026 | EIX | Edison International | Utilities | Downgrade | Buy → Hold | — | -1.7% | -0.4% |
| Aug 19, 2026 | APA | APA Corporation | Energy | Upgrade | Hold → Buy | $48 | +1.2% | +2.5% |
| Aug 11, 2026 | BA | The Boeing Company | Industrials | Upgrade | Hold → Buy | — | +1.2% | +0.2% |
| Aug 11, 2026 | CNC | Centene Corporation | Healthcare | Upgrade | Hold → Buy | $80 | +1.7% | -2.5% |
| Aug 10, 2026 | SNDK | Sandisk Corporation | Technology | Upgrade | Hold → Buy | — | -0.7% | +2.1% |
| Aug 7, 2026 | PG | The Procter & Gamble Company | Consumer Defensive | Downgrade | Buy → Hold | — | -1.4% | -0.8% |
| Aug 7, 2026 | SPCX | Space Exploration Technologies Corp. | Industrials | Upgrade | Hold → Buy | — | +0.0% | +15.8% |
| Aug 7, 2026 | EBAY | eBay Inc. | Consumer Cyclical | Upgrade | Hold → Buy | $133 | +1.3% | +1.7% |
| Aug 6, 2026 | ROP | Roper Technologies, Inc. | Industrials | Upgrade | Hold → Buy | $450 | +0.8% | +0.6% |
| Aug 5, 2026 | ROL | Rollins, Inc. | Consumer Cyclical | Downgrade | Buy → Hold | — | +0.0% | -0.6% |
| Aug 5, 2026 | DLR | Digital Realty Trust, Inc. | Real Estate | Upgrade | Hold → Buy | $212 | +0.7% | +0.5% |
| Aug 5, 2026 | BMY | Bristol-Myers Squibb Company | Healthcare | Upgrade | Hold → Buy | $75 | -1.6% | -3.4% |
| Jul 31, 2026 | BSX | Boston Scientific Corporation | Healthcare | Downgrade | Buy → Hold | — | -0.3% | +1.6% |
| Jul 30, 2026 | LVS | Las Vegas Sands Corp. | Consumer Cyclical | Downgrade | Buy → Hold | — | -0.7% | +2.7% |
| Jul 15, 2026 | SNDK | Sandisk Corporation | Technology | Initiates | Hold | — | -2.3% | -8.1% |
| Jul 10, 2026 | BKNG | Booking Holdings Inc. | Consumer Cyclical | Reiterates | Buy | $210 | +0.2% | +1.6% |