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Positive News SentimentPositive News
NASDAQ:ARBK

Argo Blockchain (ARBK) Stock Forecast, Price & News

$1.00
-0.05 (-4.68%)
(As of 09:38 AM ET)
Compare
Today's Range
$1.00
▼
$1.03
50-Day Range
$0.99
▼
$1.49
52-Week Range
$0.36
▼
$4.23
Volume
10,259 shs
Average Volume
338,654 shs
Market Capitalization
$53.58 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.75
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Argo Blockchain MarketRank™ Forecast

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
161.9% Upside
$2.75 Price Target
Short Interest
Healthy
0.04% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.63) to ($0.86) Per Share

Overall MarketRank™

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

1.94 out of 5 stars

Finance Sector

732nd out of 884 stocks

Nondepository Credit Institutions Industry

29th out of 46 stocks

See Top Rated MarketRank™ Stocks Here

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 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.

ARBK Price History

ARBK Stock News Headlines

September 24, 2023 | americanbankingnews.com
Argo Blockchain plc (NASDAQ:ARBK) Given Average Rating of "Hold" by Brokerages
August 31, 2023 | finance.yahoo.com
Argo Blockchain plc (NASDAQ:ARBK) Q2 2023 Earnings Call Transcript
October 3, 2023 | Wall Street Fundamentals (Ad)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
August 30, 2023 | markets.businessinsider.com
H.C. Wainwright Reaffirms Their Buy Rating on Argo Blockchain (ARBK)
August 29, 2023 | markets.businessinsider.com
Cryptocurrency Miner Argo Blockchain H1 Revenue Tumbles 31% On Lower Bitcoin Price
August 28, 2023 | benzinga.com
Preview: Argo Blockchain's Earnings
August 1, 2023 | msn.com
Argo Blockchain Plc - ADR (ARBK) Price Target Increased by 3922.46% to 33.01
July 19, 2023 | markets.businessinsider.com
Argo Blockchain's Share Sale: The $7.5M Power Play In Crypto Mining
October 3, 2023 | Wall Street Fundamentals (Ad)
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
July 18, 2023 | finance.yahoo.com
Argo Blockchain PLC Announces Proposed Placing Retail Offer New Ordinary Shares
July 18, 2023 | finance.yahoo.com
Argo Blockchain PLC Announces PrimaryBid Offer
July 10, 2023 | benzinga.com
Thinking about buying stock in Neonode, Vinco Ventures, Gorilla Technology Group, Argo Blockchain, or Advanced Health Intelligence?
June 25, 2023 | benzinga.com
Argo Blockchain Stock (NASDAQ:ARBK), Insider Trading Activity
June 9, 2023 | fool.com
Argo Blockchain Plc (NASDAQ: ARBK)
June 7, 2023 | markets.businessinsider.com
H.C. Wainwright Sticks to Its Buy Rating for Argo Blockchain (ARBK)
May 30, 2023 | finance.yahoo.com
Are Finance Stocks Lagging Argo Blockchain (ARBK) This Year?
May 11, 2023 | finance.yahoo.com
Is Argo Blockchain (ARBK) Stock Outpacing Its Business Services Peers This Year?
May 1, 2023 | markets.businessinsider.com
Argo Blockchain (ARBK) was upgraded to a Buy Rating at H.C. Wainwright
April 18, 2023 | benzinga.com
Argo Blockchain Stock (NASDAQ:ARBK), Dividends
March 28, 2023 | marketwatch.com
DEADLINE TODAY: The Schall Law Firm Encourages Investors in Argo Blockchain plc with Losses of $100,000 to Contact the Firm
March 28, 2023 | tmcnet.com
Final Deadline Alert: Bronstein, Gewirtz & Grossman, LLC Notifies
March 26, 2023 | bloomberg.com
ARBK DEADLINE TOMORROW: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Argo Blockchain plc Investors to Secure Counsel Before
March 26, 2023 | bloomberg.com
ARBK DEADLINE NOTICE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Argo Blockchain plc Investors to Secure Counsel Before Imp
March 25, 2023 | tmcnet.com
ARGO DEADLINE ALERT: Bragar Eagel & Squire, P.C.
March 25, 2023 | prnewswire.com
ARGO 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 Options
March 24, 2023 | benzinga.com
The 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.com
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Argo Blockchain plc of Class Action Lawsuit and Upcoming Deadline - ARBK; ARBKL
See More Headlines
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ARBK Company Calendar

Last Earnings
8/29/2023
Today
10/03/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Nondepository credit institutions
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:ARBK
CUSIP
N/A
CIK
1841675
Web
argoblockchain.com
Phone
44-78-8400-3403
Fax
N/A
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$2.75
High Stock Price Forecast
$3.00
Low Stock Price Forecast
$2.50
Forecasted Upside/Downside
+161.9%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
11.53
Current Ratio
0.49
Quick Ratio
0.99

Sales & Book Value

Annual Sales
$58.58 million
Price / Sales
0.96
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$0.30 per share
Price / Book
3.50

Miscellaneous

Outstanding Shares
53,530,000
Free Float
53,533,000
Market Cap
$56.21 million
Optionable
Not Optionable
Beta
1.10
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Key Executives

  • Mr. Seif El-Bakly C.F.A. (Age 38)
    Interim CEO & COO
    Comp: $460.49k
  • Mr. James Mckenzie MacCallum C.A. (Age 53)
    C.F.A., CPA, Chief Financial Officer
  • Jean Esquier
    VP of Technology & Devel.
  • Mr. Tom Divine
    VP of Investor Relations and FP&A
  • Mr. Davis Zapffe
    Gen. Counsel
  • Ms. Alana Marks
    VP of People & Culture
  • Mr. Sebastien Chalus
    Chief Strategy Officer

Key Competitors

View All Competitors

Institutional Ownership

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 brokerages have issued twelve-month price targets for Argo Blockchain's shares. Their ARBK share price forecasts range from $2.50 to $3.00. On average, they anticipate the company's stock price to reach $2.75 in the next twelve months. This suggests a possible upside of 161.9% 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 decreased by 2.8% and is now trading at $1.05.
View the best growth stocks for 2023 here.

How were Argo Blockchain's earnings last quarter?

Argo Blockchain plc (NASDAQ:ARBK) announced its quarterly earnings data on Tuesday, August, 29th. The company reported ($0.16) EPS for the quarter, beating analysts' consensus estimates 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 initial public offering on Thursday, September 23rd 2021. The company issued 7,500,000 shares at a price of $15.00 per share.

What is Argo Blockchain's stock symbol?

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

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 $1.05.

How much money does Argo Blockchain make?

Argo Blockchain (NASDAQ:ARBK) has a market capitalization of $56.21 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.

This page (NASDAQ:ARBK) was last updated on 10/3/2023 by MarketBeat.com Staff

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