NASDAQ:ARBK Argo Blockchain (ARBK) Stock Forecast, Price & News $1.00 +0.01 (+1.01%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$0.95▼$1.0550-Day Range$0.99▼$1.5752-Week Range$0.36▼$4.27Volume90,560 shsAverage Volume344,264 shsMarket Capitalization$53.53 millionP/E RatioN/ADividend YieldN/APrice Target$2.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Argo Blockchain MarketRank™ ForecastAnalyst RatingHold2.14 Rating ScoreUpside/Downside175.0% Upside$2.75 Price TargetShort InterestHealthy0.04% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.93Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthDecreasingFrom ($0.63) to ($0.86) 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.1.95 out of 5 starsFinance Sector692nd out of 849 stocksNondepository Credit Institutions Industry30th out of 45 stocks 3.1 Analyst's Opinion Consensus RatingArgo Blockchain has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 2 buy ratings, 4 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $2.75, Argo Blockchain has a forecasted upside of 175.0% from its current price of $1.00.Amount of Analyst CoverageArgo Blockchain has only been the subject of 2 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.04% 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 0.1, 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 67.85%, 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 3.3 News and Social Media Coverage News SentimentArgo Blockchain has a news sentiment score of 0.93. 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 higher news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Argo Blockchain this week, compared to 1 article on an average week.Search InterestOnly 3 people have searched for ARBK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows4 people have added Argo Blockchain to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 1.13% of the stock of Argo Blockchain is held by institutions. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Argo Blockchain are expected to decrease in the coming year, from ($0.63) to ($0.86) per share.Price to Book Value per Share RatioArgo Blockchain has a P/B Ratio of 3.33. P/B Ratios above 3 indicate that a company could be overvalued 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 complex 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 based in London, the United Kingdom.Read More ARBK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARBK Stock News HeadlinesSeptember 24, 2023 | americanbankingnews.comArgo Blockchain plc (NASDAQ:ARBK) Given Average Rating of "Hold" by BrokeragesAugust 31, 2023 | finance.yahoo.comArgo Blockchain plc (NASDAQ:ARBK) Q2 2023 Earnings Call TranscriptSeptember 28, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.August 30, 2023 | markets.businessinsider.comH.C. Wainwright Reaffirms Their Buy Rating on Argo Blockchain (ARBK)August 29, 2023 | markets.businessinsider.comCryptocurrency Miner Argo Blockchain H1 Revenue Tumbles 31% On Lower Bitcoin PriceAugust 28, 2023 | benzinga.comPreview: Argo Blockchain's EarningsAugust 1, 2023 | msn.comArgo Blockchain Plc - ADR (ARBK) Price Target Increased by 3922.46% to 33.01July 19, 2023 | markets.businessinsider.comArgo Blockchain's Share Sale: The $7.5M Power Play In Crypto MiningSeptember 28, 2023 | Chaikin Analytics (Ad)This Stock Could Go Up 66% or More.Marc Chaikin built the system that isolated NVDA before it became the best-performing stock of 2023. Click here to get his latest buy. More here.July 18, 2023 | finance.yahoo.comArgo Blockchain PLC Announces Proposed Placing Retail Offer New Ordinary SharesJuly 18, 2023 | finance.yahoo.comArgo Blockchain PLC Announces PrimaryBid OfferJuly 10, 2023 | benzinga.comThinking about buying stock in Neonode, Vinco Ventures, Gorilla Technology Group, Argo Blockchain, or Advanced Health Intelligence?June 25, 2023 | benzinga.comArgo Blockchain Stock (NASDAQ:ARBK), Insider Trading ActivityJune 9, 2023 | fool.comArgo Blockchain Plc (NASDAQ: ARBK)June 7, 2023 | markets.businessinsider.comH.C. Wainwright Sticks to Its Buy Rating for Argo Blockchain (ARBK)May 30, 2023 | finance.yahoo.comAre Finance Stocks Lagging Argo Blockchain (ARBK) This Year?May 11, 2023 | finance.yahoo.comIs Argo Blockchain (ARBK) Stock Outpacing Its Business Services Peers This Year?May 1, 2023 | markets.businessinsider.comArgo Blockchain (ARBK) was upgraded to a Buy Rating at H.C. WainwrightApril 18, 2023 | benzinga.comArgo Blockchain Stock (NASDAQ:ARBK), DividendsMarch 28, 2023 | marketwatch.comDEADLINE TODAY: The Schall Law Firm Encourages Investors in Argo Blockchain plc with Losses of $100,000 to Contact the FirmMarch 28, 2023 | tmcnet.comFinal Deadline Alert: Bronstein, Gewirtz & Grossman, LLC NotifiesMarch 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 25, 2023 | tmcnet.comARGO DEADLINE ALERT: Bragar Eagel & Squire, P.C.March 25, 2023 | prnewswire.comARGO DEADLINE NOTICE: Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Argo To Contact Him Directly To Discuss Their OptionsMarch 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 22, 2023 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Argo Blockchain plc of Class Action Lawsuit and Upcoming Deadline - ARBK; ARBKLSee More Headlines 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 Last Earnings8/29/2023Today9/28/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Nondepository credit institutions Sub-IndustryN/A SectorFinance Current SymbolNASDAQ:ARBK CUSIPN/A CIK1841675 Webargoblockchain.com Phone44-78-8400-3403FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Forecast$2.75 High Stock Price Forecast$3.00 Low Stock Price Forecast$2.50 Forecasted Upside/Downside+175.0%Consensus RatingHold Rating Score (0-4)2.14 Research Coverage7 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 Ratio11.53 Current Ratio0.49 Quick Ratio0.99 Sales & Book Value Annual Sales$58.58 million Price / Sales0.91 Cash FlowN/A Price / Cash FlowN/A Book Value$0.30 per share Price / Book3.33Miscellaneous Outstanding Shares53,530,000Free Float53,533,000Market Cap$53.53 million OptionableNot Optionable Beta1.09 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Seif El-Bakly C.F.A. (Age 38)Interim CEO & COO Comp: $460.49kMr. James Mckenzie MacCallum C.A. (Age 53)C.F.A., CPA, Chief Financial Officer Jean EsquierVP of Technology & Devel.Mr. Tom DivineVP of Investor Relations and FP&AMr. Davis ZapffeGen. CounselMs. Alana MarksVP of People & CultureMr. Sebastien ChalusChief Strategy OfficerMore ExecutivesKey CompetitorsCURO GroupNYSE:CUROSHFNASDAQ:SHFS9FNASDAQ:JFUGreenidge GenerationNASDAQ:GREEMagic Empire GlobalNASDAQ:MEGLView All CompetitorsInstitutional OwnershipCitadel Advisors LLCSold 6,200 shares on 8/15/2023Ownership: 0.000%Simplex Trading LLCBought 22,400 shares on 8/4/2023Ownership: 0.000%Virtu Financial LLCBought 21,500 shares on 7/27/2023Ownership: 0.045%View All Institutional Transactions ARBK Stock - Frequently Asked Questions Should I buy or sell Argo Blockchain stock right now? 7 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, 4 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? 7 brokers have issued 12-month price targets for Argo Blockchain's stock. Their ARBK share price forecasts range from $2.50 to $3.00. On average, they expect the company's share price to reach $2.75 in the next year. This suggests a possible upside of 175.0% 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 on January 1st, 2023. Since then, ARBK stock has decreased by 7.4% and is now trading at $1.00. View the best growth stocks for 2023 here. How were Argo Blockchain's earnings last quarter? Argo Blockchain plc (NASDAQ:ARBK) issued its quarterly earnings results on Tuesday, August, 29th. The company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.04. The business earned $12.56 million during the quarter, compared to analyst estimates of $12.51 million. What ETF holds Argo Blockchain's stock ? Valkyrie Bitcoin Miners ETF holds 546,222 shares of ARBK stock, representing 3.33% of its portfolio. When did Argo Blockchain IPO? (ARBK) raised $112 million in an 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 a variety of retail and institutional investors. Top institutional investors include Simplex Trading LLC (0.00%), Virtu Financial LLC (0.04%) and Citadel Advisors 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 $1.00. How much money does Argo Blockchain make? Argo Blockchain (NASDAQ:ARBK) has a market capitalization of $53.53 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 phone at 44-78-8400-3403 or via email at ir@argoblockchain.com. 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