Positive News SentimentPositive NewsNASDAQ:ARBK Argo Blockchain (ARBK) Stock Forecast, Price & News $1.04 +0.01 (+0.97%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$1.00▼$1.0550-Day Range$0.99▼$2.0052-Week Range$0.36▼$4.27Volume93,996 shsAverage Volume176,957 shsMarket Capitalization$55.67 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/Downside164.4% Upside$2.75 Price TargetShort InterestHealthy0.12% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider 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.1.94 out of 5 starsFinance Sector650th out of 845 stocksNondepository Credit Institutions Industry21st out of 44 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 164.4% from its current price of $1.04.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 Shorted0.12% 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 38.10%, 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 1.85. 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 0.71 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article 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 -57% compared to the previous 30 days.MarketBeat Follows3 people have added Argo Blockchain to their MarketBeat watchlist in the last 30 days. This is an increase of 200% 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 3.47. 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 BrokeragesSeptember 17, 2023 | americanbankingnews.comArgo Blockchain plc (NASDAQ:ARBK) Short Interest UpdateSeptember 24, 2023 | Legacy Research (Ad)Watch SHOCKING Footage of AI Facility with Ties to Elon MuskI recently traveled more than 3,000 miles and shot this video outside what could end up being Elon Musk’s biggest secret. Most people don’t know about this facility, but it could be the most important AI project in the world. What’s happening inside these walls is so important that our government has declared it a matter of national security.September 15, 2023 | americanbankingnews.comContrasting Argo Blockchain (NASDAQ:ARBK) & American Express (NYSE:AXP)August 31, 2023 | finance.yahoo.comArgo Blockchain plc (NASDAQ:ARBK) Q2 2023 Earnings Call TranscriptAugust 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 EarningsSeptember 24, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.August 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 MiningJuly 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 OptionsSee 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 Earnings8/29/2023Today9/24/2023Fiscal 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+164.4%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 / Sales0.95 Cash FlowN/A Price / Cash FlowN/A Book Value$0.30 per share Price / Book3.47Miscellaneous Outstanding Shares53,530,000Free Float53,533,000Market Cap$55.67 million OptionableNot Optionable Beta1.09 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Seif El-Bakly C.F.A. (Age 38)Interim CEO & COO Comp: $472.58kMr. James Mckenzie MacCallum C.A. (Age 53)C.F.A., CPA, Chief Financial Officer Jean EsquierVP of Technology & Devel.Mr. Tom DivineVP of Investor RelationsMr. Davis ZapffeGen. CounselMs. Alana MarksVP of People & CultureMr. Sebastien ChalusChief Strategy OfficerMore ExecutivesKey CompetitorsCURO GroupNYSE:CUROSHFNASDAQ:SHFS9FNASDAQ:JFUPrestige WealthNASDAQ:PWMGreenidge GenerationNASDAQ:GREEView 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 equities research analysts have issued "buy," "hold," and "sell" ratings for Argo Blockchain in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 equities research analysts have issued 12-month target prices for Argo Blockchain's stock. 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 164.4% 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 shares have decreased by 3.7% and is now trading at $1.04. View the best growth stocks for 2023 here. Are investors shorting Argo Blockchain? Argo Blockchain saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 65,000 shares, a decrease of 38.1% from the August 15th total of 105,000 shares. Based on an average daily trading volume, of 450,200 shares, the short-interest ratio is presently 0.1 days. View Argo Blockchain's Short Interest. How were Argo Blockchain's earnings last quarter? Argo Blockchain plc (NASDAQ:ARBK) issued its quarterly earnings data on Tuesday, August, 29th. The company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.04. The business had revenue of $12.56 million for 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 shareholders 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 $1.04. How much money does Argo Blockchain make? Argo Blockchain (NASDAQ:ARBK) has a market capitalization of $55.67 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 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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