Argosy Property stock fell 1.96 percent on October 2

Published on 10/04/2026 at 22:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Argosy Property stock's fiscal 2026 revenue reached NZD 159.81 million, up 2.62 percent year over year. Analysts set an average target of NZD 1.210.

ARG, NZARGE0010S7, Illustration mit AI erstellt.

Argosy Property (ISIN NZARGE0010S7) was last at NZD 1.00 on the NZX on October 2, 2026, down 1.96 percent from NZD 1.02. The move came as the New Zealand property company entered a market view shaped by fiscal year 2026 revenue of NZD 159.81 million and a broad analyst consensus.

Annual revenue reached NZD 159.81 million

According to Investing.com, Argosy Property reported total revenue of NZD 159.81 million for the fiscal year ended March 31, 2026. That was 2.62 percent above the NZD 155.73 million reported for fiscal year 2025, while net income reached NZD 127.73 million compared with NZD 125.86 million a year earlier.

The annual figures point to steady operating growth rather than a sharp revenue acceleration. Investing.com lists fiscal year 2026 operating income at NZD 109.37 million, up 3.70 percent from NZD 105.47 million in fiscal year 2025, while the net income margin stood at 79.93 percent.

Analyst consensus targets NZD 1.210

Investing.com reports a Buy consensus based on 3 analysts, with 1 Buy, 2 Hold and 0 Sell ratings. The average 12-month price target is NZD 1.210, with a high of NZD 1.27 and a low of NZD 1.17; the average target lies 21.0 percent above the October 2 price of NZD 1.00.

Argosy Property says its portfolio spans office and industrial properties and includes 49 properties, 183 tenants and 15 green buildings, according to its corporate website. That portfolio mix gives the revenue figures a direct link to occupancy and property income rather than to product sales.

Stock stays inside its yearly range

ARG traded between NZD 1.00 and NZD 1.02 during the October 2 session. Its 52-week range was NZD 0.97 to NZD 1.35, placing the latest price NZD 0.35 below the yearly high, while volume reached 858,695 shares.

Argosy Property had a market capitalization of NZD 874.0 million as of October 2, 2026. The combination of a 2.62 percent annual revenue increase and an average analyst target of NZD 1.210 leaves operating stability and valuation as the central measures for following the stock.