NASDAQ:ARBK Argo Blockchain - ARBK Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Argo Blockchain plc Please log in to your account or sign up in order to add this asset to your watchlist. $1.55 -0.10 (-6.06%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$1.41▼$1.6850-Day Range$1.35▼$2.7252-Week Range$0.36▼$10.75Volume216,577 shsAverage Volume144,111 shsMarket Capitalization$74.06 millionP/E RatioN/ADividend YieldN/APrice Target$9.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Argo Blockchain MarketRank™ ForecastAnalyst RatingHold1.88 Rating ScoreUpside/Downside454.8% Upside$8.60 Price TargetShort InterestHealthy1.67% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.43Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.68) to ($1.18) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.02 out of 5 starsBusiness Services Sector217th out of 327 stocksData Processing & Preparation Industry42nd out of 70 stocks 2.9 Analyst's Opinion Consensus RatingArgo Blockchain has received a consensus rating of Hold. The company's average rating score is 1.88, and is based on no buy ratings, 7 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.60, Argo Blockchain has a forecasted upside of 454.8% from its current price of $1.55.Amount of Analyst CoverageArgo Blockchain has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.67% of the outstanding shares of Argo Blockchain have been sold short.Short Interest Ratio / Days to CoverArgo Blockchain has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Argo Blockchain has recently decreased by 15.92%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldArgo Blockchain does not currently pay a dividend.Dividend GrowthArgo Blockchain does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ARBK. Previous Next 1.9 News and Social Media Coverage News SentimentArgo Blockchain has a news sentiment score of 0.43. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Argo Blockchain this week, compared to 1 article on an average week.Social Mentions This WeekMarketBeat has tracked 3 reddit mentions for Argo Blockchain this week, compared to 3 mentions on an average week.Search InterestOnly 1 people have searched for ARBK on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Argo Blockchain to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Argo Blockchain insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 1.81% of the stock of Argo Blockchain is held by institutions. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Argo Blockchain are expected to grow in the coming year, from ($1.68) to ($1.18) per share.Price to Book Value per Share RatioArgo Blockchain has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Argo Blockchain (NASDAQ:ARBK) StockArgo 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.Read More Receive ARBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argo Blockchain and its competitors with MarketBeat's FREE daily newsletter. Email Address ARBK Stock News HeadlinesMarch 26, 2023 | bloomberg.comARBK DEADLINE TOMORROW: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Argo Blockchain plc Investors to Secure Counsel BeforeMarch 26, 2023 | bloomberg.comARBK DEADLINE NOTICE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Argo Blockchain plc Investors to Secure Counsel Before ImpMarch 26, 2023 | Investor Place Media (Ad)Biden To Unleash "Choke Point" Operation On America?Biden's disturbing new government program may be worse than Obama's. You are at risk for having your bank account frozen. A former bank regulator is blowing the whistle on Biden's frightening plan to take over your money. Discover the immediate steps you need to take now.March 25, 2023 | tmcnet.comARGO DEADLINE ALERT: Bragar Eagel & Squire, P.C.March 25, 2023 | americanbankingnews.comSterling Check (NASDAQ:STER) & Argo Blockchain (NASDAQ:ARBK) Financial ReviewMarch 24, 2023 | benzinga.comThe Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Argo Blockchain plc (ARBK)March 19, 2023 | americanbankingnews.comAnalysts Set Argo Blockchain plc (NASDAQ:ARBK) PT at $3.00March 17, 2023 | benzinga.comShort Volatility Alert: Argo BlockchainMarch 26, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!March 9, 2023 | tmcnet.comARBK LAWSUIT ALERT: Levi & Korsinsky Notifies Argo Blockchain plc Investors of a Class Action Lawsuit and Upcoming DeadlineMarch 7, 2023 | finance.yahoo.comArgo Blockchain PLC Announces February Operational UpdateFebruary 23, 2023 | morningstar.comARBK Investors Have Opportunity to Lead Argo Blockchain plc Securities Fraud LawsuitFebruary 20, 2023 | benzinga.comROSEN, A LEADING LAW FIRM, Encourages Argo Blockchain plc Investors to Secure Counsel Before Important Deadline in Securities Class Action – ARBKFebruary 17, 2023 | finance.yahoo.comBitcoin Miner Argo Blockchain's CEO ResignsFebruary 17, 2023 | finance.yahoo.comArgo Blockchain Loses Its CEO And Interim Chair Peter Wall Shortly After CFOFebruary 9, 2023 | benzinga.comCLASS ACTION UPDATE for FATE, SHC and ARBK: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersFebruary 9, 2023 | proactiveinvestors.comArgo Blockchain’s Peter Wall to step down as chief executiveFebruary 8, 2023 | tmcnet.comGlancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Argo Blockchain plc (ARBK)February 7, 2023 | benzinga.comThe Gross Law Firm Announces Class Actions on Behalf of Shareholders of ENVX, EYE and ARBKFebruary 7, 2023 | wsj.comARGO BLOCKCHAIN PLC INVESTOR ALERT: Kaplan Fox & Kilsheimer LLP Notifies Argo Blockchain Investors of a Class Action Lawsuit and Upcoming DeadlineFebruary 3, 2023 | businesswire.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces the Filing of a Securities Class Action on Behalf of Argo Blockchain plc (ARBK) InvestorsFebruary 1, 2023 | benzinga.comCLASS ACTION UPDATE for SGLY, AVYA and ARBK: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of ShareholdersFebruary 1, 2023 | wsj.comINVESTOR ACTION NOTICE: The Schall Law Firm Encourages Investors in Argo Blockchain plc with Losses of $100,000 to Contact the FirmJanuary 31, 2023 | benzinga.comINVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in Argo Blockchain plc with Losses of $100,000 to Contact the FirmJanuary 31, 2023 | tmcnet.comARGO ALERT: Bragar Eagel & Squire, P.C. AnnouncesJanuary 30, 2023 | benzinga.comBronstein, Gewirtz & Grossman, LLC Notifies Argo Blockchain plc (ARBK; ARBKL) Investors of Class Action and to Actively ParticipateJanuary 30, 2023 | wsj.comINVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in Argo Blockchain plc with Losses of $100,000 to Contact the FirmSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ARBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Argo Blockchain and its competitors with MarketBeat's FREE daily newsletter. Email Address ARBK Company Calendar Today3/26/2023Next Earnings (Estimated)5/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Data processing & preparation Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:ARBK CUSIPN/A CIK1841675 Webargoblockchain.com Phone44-78-8400-3403FaxN/AEmployees9Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.60 High Stock Price Forecast$12.00 Low Stock Price Forecast$3.00 Forecasted Upside/Downside+480.6%Consensus RatingHold Rating Score (0-4)1.88 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.44 Current Ratio2.11 Quick RatioN/A Sales & Book Value Annual Sales$102.04 million Price / Sales0.73 Cash Flow$1.17 per share Price / Cash Flow1.33 Book Value$5.93 per share Price / Book0.26Miscellaneous Outstanding Shares47,780,000Free Float47,783,000Market Cap$74.06 million OptionableNot Optionable Beta0.77 Key ExecutivesMr. Peter G. Wall (Age 47)CEO & Interim Chairman Comp: $4.89MMr. Alex Appleton C.A. (Age 43)CFO, Principal Financial Officer & Exec. Director Comp: $260.21kMr. Seif El-BaklyChief Operating OfficerJean EsquierVP of Technology & Devel.Mr. Tom DivineVP of Investor RelationsMr. Davis ZapffeGen. CounselSarah MillerDirector of CommunicationsMs. Alana MarksVP of People & CultureMr. Sebastien ChalusChief Strategy OfficerMr. Justin NolanChief Growth OfficerMore ExecutivesKey CompetitorsAcuityAdsNYSE:ATYWejo GroupNASDAQ:WEJOGlory Star New Media GroupNASDAQ:GSMGDigihost TechnologyNASDAQ:DGHICore ScientificNASDAQ:CORZView All CompetitorsInstitutional OwnershipVident Investment Advisory LLCSold 19,405 shares on 2/14/2023Ownership: 0.117%Simplex Trading LLCSold 10,000 shares on 2/2/2023Ownership: 0.000%Redwood Wealth Management Group LLCBought 53,605 shares on 2/1/2023Ownership: 0.112%View All Institutional Transactions 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 and 7 hold 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 brokers have issued 1 year price targets for Argo Blockchain's shares. Their ARBK share price forecasts range from $3.00 to $12.00. On average, they anticipate the company's share price to reach $8.60 in the next twelve months. This suggests a possible upside of 454.8% 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 2023. Since then, ARBK stock has increased by 43.5% and is now trading at $1.55. View the best growth stocks for 2023 here. When is Argo Blockchain's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 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). When did Argo Blockchain IPO? (ARBK) raised $112 million in an initial public offering (IPO) 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 many different retail and institutional investors. Top institutional shareholders include Vident Investment Advisory LLC (0.12%), Redwood Wealth Management Group LLC (0.11%) 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 $1.55. How much money does Argo Blockchain make? Argo Blockchain (NASDAQ:ARBK) has a market capitalization of $74.06 million and generates $102.04 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 phone at 44-78-8400-3403 or via email at ir@argoblockchain.com. This page (NASDAQ:ARBK) was last updated on 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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