S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:ARBK

Argo Blockchain (ARBK) Stock Price, News & Analysis

$2.17
+0.57 (+35.63%)
(As of 03/28/2024 ET)
Today's Range
$1.57
$2.48
50-Day Range
$1.50
$2.85
52-Week Range
$0.92
$4.45
Volume
2.66 million shs
Average Volume
955,258 shs
Market Capitalization
$125.25 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$2.23

Argo Blockchain MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
25.5% Upside
$2.23 Price Target
Short Interest
Healthy
0.57% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.25mentions of Argo Blockchain in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.56) to ($0.33) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.72 out of 5 stars

Finance Sector

741st out of 850 stocks

Nondepository Credit Institutions Industry

36th out of 46 stocks

ARBK stock logo

About Argo Blockchain Stock (NASDAQ:ARBK)

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 Stock Price History

ARBK Stock News Headlines

Urgent: Protect Your Investments from a Chinese Invasion
An alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.
Claim Your Complimentary Bitcoin Reward
Many have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.
H.C. Wainwright Reaffirms Their Buy Rating on Argo Blockchain (ARBK)
Preview: Argo Blockchain's Earnings
Argo Blockchain's Share Sale: The $7.5M Power Play In Crypto Mining
Argo Blockchain PLC Announces PrimaryBid Offer
Argo Blockchain Plc (NASDAQ: ARBK)
Argo Blockchain Stock (NASDAQ:ARBK), Dividends
See 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.

Company Calendar

Last Earnings
6/13/2023
Today
3/28/2024
Next Earnings (Estimated)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:ARBK
Fax
N/A
Employees
82
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$2.23
High Stock Price Target
$2.75
Low Stock Price Target
$1.45
Potential Upside/Downside
+2.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$58.58 million
Book Value
$0.30 per share

Miscellaneous

Free Float
57,716,000
Market Cap
$125.25 million
Optionable
Optionable
Beta
1.85
The Best High-Yield Dividend Stocks for 2024 Cover

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

  • Mr. Thomas Joseph Chippas (Age 53)
    CEO & Director
  • Mr. James Mckenzie MacCallum C.A. (Age 54)
    C.F.A., CPA, Chief Financial Officer
  • Jean Esquier
    VP of Technology & Development
  • Mr. Tom Divine
    Vice President of Investor Relations and FP&A
  • Ms. Alana Marks
    Vice President of People & Culture
  • Mr. Sebastien Chalus
    Chief Strategy Officer

ARBK Stock Analysis - Frequently Asked Questions

Should I buy or sell Argo Blockchain stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Argo Blockchain in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ARBK shares.
View ARBK analyst ratings
or view top-rated stocks.

What is Argo Blockchain's stock price target for 2024?

3 brokers have issued 12-month price objectives for Argo Blockchain's shares. Their ARBK share price targets range from $1.45 to $2.75. On average, they predict the company's stock price to reach $2.23 in the next twelve months. This suggests a possible upside of 25.5% 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 2024?

Argo Blockchain's stock was trading at $3.74 at the beginning of 2024. Since then, ARBK stock has decreased by 52.4% and is now trading at $1.78.
View the best growth stocks for 2024 here
.

Are investors shorting Argo Blockchain?

Argo Blockchain saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 328,300 shares, an increase of 14.8% from the February 29th total of 286,000 shares. Based on an average daily volume of 1,140,000 shares, the short-interest ratio is currently 0.3 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 7th 2024.
View our ARBK earnings forecast
.

How were Argo Blockchain's earnings last quarter?

Argo Blockchain plc (NASDAQ:ARBK) issued its earnings results on Tuesday, June, 13th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.08) by $0.10. The business had revenue of $11.44 million for the quarter, compared to the consensus estimate of $10.81 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?

Argo Blockchain (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.

Who are Argo Blockchain's major shareholders?

Argo Blockchain's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vident Advisory LLC (1.40%), Redwood Wealth Management Group LLC (0.13%), Citadel Advisors LLC (0.00%), Chesapeake Capital Corp IL (0.06%), Simplex Trading LLC (0.00%) and Wolverine Trading LLC (0.02%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ARBK) was last updated on 3/28/2024 by MarketBeat.com Staff

From Our Partners