NASDAQ:ARBK Argo Blockchain (ARBK) Stock Price, News & Analysis → The A.I. story nobody is telling you (Read ASAP) (From TradeSmith) (Ad) Free ARBK Stock Alerts $1.36 +0.01 (+0.74%) (As of 05/7/2024 ET) Add Compare Share Share Today's Range$1.32▼$1.3750-Day Range$1.34▼$2.4852-Week Range$0.92▼$4.45Volume177,259 shsAverage Volume752,826 shsMarket Capitalization$78.55 millionP/E RatioN/ADividend YieldN/APrice Target$2.23 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Argo Blockchain alerts: Email Address Argo Blockchain MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside64.2% Upside$2.23 Price TargetShort InterestHealthy1.19% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.53) to ($0.32) Per ShareSee Full Details Hide Full Details 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.0.79 out of 5 starsFinance Sector812th out of 874 stocksNondepository Credit Institutions Industry44th out of 48 stocks 3.2 Analyst's Opinion Consensus RatingArgo Blockchain has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageArgo Blockchain has only been the subject of 2 research reports in the past 90 days.Read more about Argo Blockchain's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.19% 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 1.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Argo Blockchain has recently increased by 56.31%, indicating that investor sentiment is decreasing 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 0.0 News and Social Media Coverage Search InterestOnly 1 people have searched for ARBK on MarketBeat in the last 30 days. This is a decrease of -67% 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 -83% 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 2.42% of the stock of Argo Blockchain is held by institutions.Read more about Argo Blockchain's insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Argo Blockchain are expected to grow in the coming year, from ($0.53) to ($0.32) per share.Read more about Argo Blockchain's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Colonial MetalsThe asset beating inflation by 4x"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.That's why we have released our Free Precious Metals Investment Guide that explains all the details 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.Read More ARBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ARBK Stock News HeadlinesApril 28, 2024 | americanbankingnews.comHC Wainwright Downgrades Argo Blockchain (NASDAQ:ARBK) to NeutralApril 27, 2024 | americanbankingnews.comCritical Survey: Argo Blockchain (NASDAQ:ARBK) vs. Mr. Cooper Group (NASDAQ:COOP)May 7, 2024 | Weiss Ratings (Ad)[URGENT] DO NOT Touch These AI Stocks!Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?April 1, 2024 | investorplace.com3 Stocks to Ditch Following the April Bitcoin HalvingMarch 27, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Argo Blockchain plc - ARBKMarch 27, 2024 | investing.comJefferies lifts Argo Blockchain share price target on Bitcoin price surge impactMarch 19, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Argo Blockchain plc - ARBKMarch 11, 2024 | prnewswire.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Argo Blockchain plc - ARBKMay 7, 2024 | Weiss Ratings (Ad)[URGENT] DO NOT Touch These AI Stocks!Artificial intelligence stocks are carrying the market. One of them, Nvidia, recently became the seventh company ever to hit a $1 trillion market cap. But is this AI rally over?February 19, 2024 | msn.comBitcoin Miner Stock Gains Surpass Bitcoin. The Halving May Change That.January 5, 2024 | morningstar.comThinking about buying stock in Voyager Therapeutics, Fusion Pharmaceuticals, AT&T, Argo Blockchain, or China Green Agriculture?November 27, 2023 | finance.yahoo.comArgo Blockchain PLC Announces Appointment of CEO and PDMR NotificationNovember 17, 2023 | finance.yahoo.comArgo Blockchain plc (NASDAQ:ARBK) Q3 2023 Earnings Call TranscriptAugust 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 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 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?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. Email Address Company Calendar Last Earnings6/13/2023Today5/07/2024Next Earnings (Estimated)6/04/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Nondepository credit institutions Sub-IndustryN/A Current SymbolNASDAQ:ARBK CUSIPN/A CIK1841675 Webargoblockchain.com Phone44-78-8400-3403FaxN/AEmployees82Year FoundedN/APrice Target and Rating Average Stock Price Target$2.23 High Stock Price Target$2.75 Low Stock Price Target$1.45 Potential Upside/Downside+64.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 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 Ratio305.04 Current Ratio0.54 Quick Ratio0.54 Sales & Book Value Annual Sales$50.56 million Price / Sales1.55 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares57,760,000Free Float57,762,000Market Cap$78.55 million OptionableOptionable Beta2.01 Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Thomas Joseph Chippas (Age 53)CEO & Director Mr. James Mckenzie MacCallum C.A. (Age 54)C.F.A., CPA, Chief Financial Officer Jean EsquierVP of Technology & DevelopmentMr. Tom DivineVice President of Investor Relations and FP&AMs. Alana MarksVice President of People & CultureMr. Sebastien ChalusChief Strategy OfficerMore ExecutivesKey CompetitorsGryphon Digital MiningNASDAQ:GRYPOportun FinancialNASDAQ:OPRTSHFNASDAQ:SHFSStronghold Digital MiningNASDAQ:SDIGBinah Capital GroupNASDAQ:BCGView All CompetitorsInstitutional OwnershipCatalina Capital Group LLCBought 12,700 shares on 5/3/2024Ownership: 0.022%Chesapeake Capital Corp ILBought 35,253 shares on 2/12/2024Ownership: 0.061%View All Institutional Transactions ARBK Stock Analysis - Frequently Asked Questions Should I buy or sell Argo Blockchain stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Argo Blockchain in the last twelve months. There are currently 2 hold ratings and 1 buy rating 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 target for 2024? 3 brokerages have issued 12-month target prices for Argo Blockchain's shares. Their ARBK share price targets range from $1.45 to $2.75. On average, they anticipate the company's share price to reach $2.23 in the next twelve months. This suggests a possible upside of 64.2% 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 63.6% and is now trading at $1.36. View the best growth stocks for 2024 here. Are investors shorting Argo Blockchain? Argo Blockchain saw a increase in short interest in April. As of April 15th, there was short interest totaling 686,500 shares, an increase of 56.3% from the March 31st total of 439,200 shares. Based on an average daily volume of 648,100 shares, the short-interest ratio is currently 1.1 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, June 4th 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 firm had revenue of $11.44 million for the quarter, compared to analyst estimates of $10.81 million. What ETFs hold Argo Blockchain's stock? ETFs with the largest weight of Argo Blockchain (NASDAQ:ARBK) stock in their portfolio include Invesco Alerian Galaxy Crypto Economy ETF (SATO), Valkyrie Bitcoin Miners ETF (WGMI), iShares Frontier and Select EM ETF (FM) and iShares Blockchain and Tech ETF (IBLC).Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC). When did Argo Blockchain IPO? Argo Blockchain (ARBK) raised $112 million in an 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 a number of retail and institutional investors. Top institutional shareholders include Catalina Capital Group 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. 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