NASDAQ:ARBK Argo Blockchain (ARBK) Stock Price, News & Analysis → Shocking $16T Elon Musk Crypto Leak (From Crypto 101 Media) (Ad) Free ARBK Stock Alerts $1.38 -0.01 (-0.72%) (As of 05/29/2024 ET) Add Compare Share Share Today's Range$1.35▼$1.4050-Day Range$1.29▼$2.1752-Week Range$0.92▼$4.45Volume73,239 shsAverage Volume675,993 shsMarket Capitalization$79.71 millionP/E RatioN/ADividend YieldN/APrice Target$2.23 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Argo Blockchain alerts: Email Address Argo Blockchain MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside61.8% Upside$2.23 Price TargetShort InterestHealthy1.21% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 12 Articles This WeekInsider 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.1.81 out of 5 starsFinance Sector674th out of 874 stocksNondepository Credit Institutions Industry32nd out of 49 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 5.0 Short Interest Percentage of Shares Shorted1.21% 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 1.5, 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 14.02%, 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 2.0 News and Social Media Coverage News SentimentArgo Blockchain has a news sentiment score of 0.55. 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 lower news sentiment than the 0.69 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 12 news articles for Argo Blockchain this week, compared to 0 articles on an average week.Search InterestOnly 1 people have searched for ARBK on MarketBeat in the last 30 days. This is a decrease of 0% 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.Price to Earnings Ratio vs. the MarketThe P/E ratio of Argo Blockchain is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Argo Blockchain is -2.51, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioArgo Blockchain has a P/B Ratio of 10.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Argo Blockchain's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchBUY ALERT: Tiny tech play partners with US governmentThe Federal Reserve is rolling out a powerful new financial technology across the entire U.S. banking system. It's forecasted to grow 24,290% in the near future... Meaning, your bank is nearly certain to adopt it (if it hasn't already).Get the full story here while you can. 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 HeadlinesMay 28 at 3:32 AM | americanbankingnews.comContrasting Argo Blockchain (ARBK) and Its CompetitorsMay 28 at 1:38 AM | americanbankingnews.comCritical Contrast: Argo Blockchain (ARBK) versus The CompetitionMay 26, 2024 | uk.investing.comEarnings call: Argo Blockchain sees growth amid strategic optimizationsMay 26, 2024 | americanbankingnews.comArgo Blockchain (NASDAQ:ARBK) Rating Reiterated by HC WainwrightMay 26, 2024 | americanbankingnews.comFinancial Analysis: Argo Blockchain (ARBK) versus The CompetitionMay 24, 2024 | americanbankingnews.comArgo Blockchain (ARBK) and Its Rivals Head to Head SurveyMay 23, 2024 | americanbankingnews.comCritical Contrast: Argo Blockchain (ARBK) and Its RivalsApril 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 - ARBKFebruary 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?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 Earnings6/13/2023Today5/30/2024Next Earnings (Estimated)9/03/2024Fiscal 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+61.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.55) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-35,030,000.00 Net Margins-54.06% Pretax Margin-69.29% Return on Equity-4,172.69% Return on Assets-35.97% Debt Debt-to-Equity Ratio5.06 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$50.56 million Price / Sales1.58 Cash FlowN/A Price / Cash FlowN/A Book Value$0.13 per share Price / Book10.62Miscellaneous Outstanding Shares57,760,000Free Float57,762,000Market Cap$79.71 million OptionableOptionable Beta2.01 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsLexinFintechNASDAQ:LXHIVE Digital TechnologiesNASDAQ:HIVEBakktNYSE:BKKTBit DigitalNASDAQ:BTBTMedallion FinancialNASDAQ:MFINView All CompetitorsInstitutional OwnershipVident Advisory LLCBought 876,406 shares on 5/14/2024Ownership: 2.916%Catalina Capital Group LLCBought 12,700 shares on 5/3/2024Ownership: 0.022%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 stock. Their ARBK share price targets range from $1.45 to $2.75. On average, they expect the company's stock price to reach $2.23 in the next year. This suggests a possible upside of 61.8% 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 on January 1st, 2024. Since then, ARBK shares have decreased by 63.1% and is now trading at $1.38. View the best growth stocks for 2024 here. Are investors shorting Argo Blockchain? Argo Blockchain saw a decrease in short interest during the month of May. As of May 15th, there was short interest totaling 697,800 shares, a decrease of 14.0% from the April 30th total of 811,600 shares. Based on an average daily trading volume, of 470,300 shares, the short-interest ratio is currently 1.5 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, September 3rd 2024. View our ARBK earnings forecast. How were Argo Blockchain's earnings last quarter? Argo Blockchain plc (NASDAQ:ARBK) released its quarterly earnings results on Tuesday, June, 13th. The company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.08) by $0.10. The firm earned $11.44 million during the quarter, compared to the consensus estimate of $10.81 million. Argo Blockchain had a negative net margin of 54.06% and a negative trailing twelve-month return on equity of 4,172.69%. 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 Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC).iShares Blockchain and Tech ETF (IBLC). 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 investors include Vident Advisory LLC (2.92%) and 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. Compare Top Brokerages Here. This page (NASDAQ:ARBK) was last updated on 5/30/2024 by MarketBeat.com Staff From Our PartnersExposed: 10 CENT Crypto to Explode May 20th?True Market InsidersWrite this ticker symbol down…StocksToTradeUrgent Alert: Biden's IRS Targeting Your Money – Act Fast to Protect It!American AlternativeThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarBiden Nomination CANCELED?The Freeport SocietyGold Set to EXPLODE!Gold Safe ExchangeMust-See: Elon’s New Invention is Absolutely InsaneInvestorPlaceWho are Nvidia’s New Silent Partners?Weiss Ratings 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. 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