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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Sell every Stock except ONE (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
Sell every Stock except ONE (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Sell every Stock except ONE (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
Sell every Stock except ONE (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Sell every Stock except ONE (Ad)
Biden and GOP rush to finalize debt ceiling deal, shore up support to prevent default
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Sell every Stock except ONE (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
'Succession' fans brace for series finale of Emmy-winning hit drama
Sell every Stock except ONE (Ad)
Turkey's Erdogan declares victory in presidential runoff, extends rule into 3rd decade
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
NASDAQ:ARBK

Argo Blockchain (ARBK) Stock Forecast, Price & News

$1.18
+0.02 (+1.72%)
(As of 05/26/2023 ET)
Compare
Today's Range
$1.12
$1.20
50-Day Range
$1.16
$1.80
52-Week Range
$0.36
$6.95
Volume
44,621 shs
Average Volume
87,023 shs
Market Capitalization
$56.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.80

Argo Blockchain MarketRank™ Forecast

Analyst Rating
Hold
2.13 Rating Score
Upside/​Downside
476.3% Upside
$6.80 Price Target
Short Interest
Healthy
1.97% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of Argo Blockchain in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.62) to ($0.65) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.83 out of 5 stars

Finance Sector

788th out of 911 stocks

Nondepository Credit Institutions Industry

33rd out of 43 stocks


ARBK stock logo

About Argo Blockchain (NASDAQ:ARBK) Stock

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is headquartered in London, the United Kingdom.

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ARBK Stock News Headlines

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Argo Blockchain Stock (NASDAQ:ARBK), Dividends
Short Volatility Alert: Argo Blockchain
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ARBK Company Calendar

Today
5/28/2023
Next Earnings (Estimated)
5/30/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:ARBK
Phone
N/A
Fax
N/A
Employees
9
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$6.80
High Stock Price Forecast
$10.00
Low Stock Price Forecast
$3.00
Forecasted Upside/Downside
+476.3%
Consensus Rating
Hold
Rating Score (0-4)
2.13
Research Coverage
8 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$58.58 million
Book Value
$0.30 per share

Miscellaneous

Free Float
47,783,000
Market Cap
$56.38 million
Optionable
Not Optionable
Beta
0.76

Key Executives

  • Mr. Peter G. Wall (Age 47)
    CEO & Interim Chairman
    Comp: $4.89M
  • Mr. Alex Appleton C.A. (Age 43)
    CFO, Principal Financial Officer & Exec. Director
    Comp: $260.21k
  • Mr. Seif El-Bakly
    Chief Operating Officer
  • Jean Esquier
    VP of Technology & Devel.
  • Mr. Tom Divine
    VP of Investor Relations
  • Mr. Davis Zapffe
    Gen. Counsel
  • Sarah Miller
    Director of Communications
  • Ms. Alana Marks
    VP of People & Culture
  • Mr. Sebastien Chalus
    Chief Strategy Officer
  • Mr. Justin Nolan
    Chief Growth Officer













ARBK Stock - Frequently Asked Questions

Should I buy or sell Argo Blockchain stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Argo Blockchain in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" ARBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ARBK, but not buy additional shares or sell existing shares.
View ARBK analyst ratings
or view top-rated stocks.

What is Argo Blockchain's stock price forecast for 2023?

8 equities research analysts have issued 1 year target prices for Argo Blockchain's shares. Their ARBK share price forecasts range from $3.00 to $10.00. On average, they expect the company's stock price to reach $6.80 in the next twelve months. This suggests a possible upside of 476.3% from the stock's current price.
View analysts price targets for ARBK
or view top-rated stocks among Wall Street analysts.

How have ARBK shares performed in 2023?

Argo Blockchain's stock was trading at $1.08 at the beginning of the year. Since then, ARBK stock has increased by 9.3% and is now trading at $1.18.
View the best growth stocks for 2023 here
.

Are investors shorting Argo Blockchain?

Argo Blockchain saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 941,500 shares, a drop of 13.6% from the April 30th total of 1,090,000 shares. Based on an average trading volume of 131,400 shares, the days-to-cover ratio is currently 7.2 days.
View Argo Blockchain's Short Interest
.

When is Argo Blockchain's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023.
View our ARBK earnings forecast
.

What ETFs hold Argo Blockchain's stock?

ETFs with the largest weight of Argo Blockchain (NASDAQ:ARBK) stock in their portfolio include Valkyrie Bitcoin Miners ETF (WGMI), iShares MSCI Frontier and Select EM ETF (FM).KraneShares MSCI One Belt One Road ETF (OBOR) and

When did Argo Blockchain IPO?

(ARBK) raised $112 million in an initial public offering on Thursday, September 23rd 2021. The company issued 7,500,000 shares at $15.00 per share.

What is Argo Blockchain's stock symbol?

Argo Blockchain trades on the NASDAQ under the ticker symbol "ARBK."

Who are Argo Blockchain's major shareholders?

Argo Blockchain's stock is owned by a number of retail and institutional investors. Top institutional investors include Water Island Capital LLC (1.07%), Harvest Portfolios Group Inc. (0.09%), XTX Topco Ltd (0.06%) and Simplex Trading LLC (0.00%).

How do I buy shares of Argo Blockchain?

Shares of ARBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Argo Blockchain's stock price today?

One share of ARBK stock can currently be purchased for approximately $1.18.

How much money does Argo Blockchain make?

Argo Blockchain (NASDAQ:ARBK) has a market capitalization of $56.38 million and generates $58.58 million in revenue each year.

How can I contact Argo Blockchain?

Argo Blockchain's mailing address is Rm 4 1st Fl, 50 Jermyn Street, London SW1Y 6LX. The official website for the company is argoblockchain.com. The company can be reached via email at ir@argoblockchain.com.

This page (NASDAQ:ARBK) was last updated on 5/28/2023 by MarketBeat.com Staff

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