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Argo Blockchain - ARBK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $2.23
  • Forecasted Upside: 80.11%
  • Number of Analysts: 4
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$1.24 As of 12/1/2023 01:00 AM ET
▲ +0.13 (11.71%)

This chart shows the closing price for ARBK by one month, three months, or twelve months.

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Analyst Price Target for ARBK

Analyst Price Target is $2.23
▲ +80.11% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Argo Blockchain in the last 3 months. The average price target is $2.23, with a high forecast of $2.75 and a low forecast of $1.45. The average price target represents a 80.11% upside from the last price of $1.24.

This chart shows the closing price for ARBK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 4 polled investment analysts is to moderate buy stock in Argo Blockchain. This Moderate Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/11/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/9/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/8/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/8/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/6/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
9/4/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/3/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/16/2023Canaccord Genuity GroupReiterated RatingHold ➝ Hold$1.45Low
8/30/2023HC WainwrightReiterated RatingBuy ➝ Buy$2.50Low
8/30/2023Compass PointLower TargetBuy ➝ Buy$3.75 ➝ $2.75Low
5/3/2023VNET GroupReiterated RatingMaintainsLow
5/1/2023HC WainwrightUpgradeNeutral ➝ BuyLow
4/14/2023Compass PointUpgradeNeutral ➝ Buy$3.00Low
1/4/2023Roth CapitalUpgradeSell ➝ NeutralLow
12/14/2022HC WainwrightDowngradeBuy ➝ NeutralLow
11/1/2022Canaccord Genuity GroupReiterated RatingBuy ➝ HoldLow
11/1/2022Canaccord Genuity GroupDowngradeBuy ➝ HoldLow
11/1/2022Stifel NicolausDowngradeHold ➝ SellLow
11/1/2022Jefferies Financial GroupDowngradeBuy ➝ HoldLow
10/31/2022Roth CapitalDowngradeNeutral ➝ SellLow
10/25/2022Compass PointDowngradeBuy ➝ NeutralLow
10/12/2022Roth CapitalDowngradeBuy ➝ NeutralLow
10/10/2022BarclaysDowngradeOverweight ➝ Equal Weight$7.00 ➝ $3.00Low
8/29/2022Canaccord Genuity GroupLower TargetBuy$13.00 ➝ $10.00Low
8/26/2022HC WainwrightLower TargetBuy$14.00 ➝ $8.00Low
7/8/2022BarclaysLower TargetOverweight$15.00 ➝ $7.00N/A
6/28/2022Compass PointLower Target$25.00 ➝ $12.00Low
5/24/2022Compass PointLower TargetNA$25.00Low
5/20/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$16.00 ➝ $13.00High
5/19/2022HC WainwrightLower TargetBuy$16.00 ➝ $14.00High
4/29/2022Canaccord Genuity GroupLower TargetBuy ➝ Buy$24.00 ➝ $16.00High
3/25/2022Stifel NicolausInitiated CoverageHold$11.00Low
3/14/2022BarclaysLower TargetOverweight$22.00 ➝ $15.00High
3/8/2022Compass PointBoost TargetBuy$21.00 ➝ $25.00Low
11/5/2021HC WainwrightReiterated RatingBuyMedium
11/1/2021Roth CapitalInitiated CoverageBuy$27.00High
10/19/2021DA DavidsonReiterated RatingBuyLow
10/18/2021Compass PointInitiated CoverageBuy$21.00Low
10/18/2021Jefferies Financial GroupInitiated CoverageBuy$30.00High
10/18/2021BarclaysInitiated CoverageOverweight$22.00High
(Data available from 12/3/2018 forward)

News Sentiment Rating

1.19 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/7/2023
  • 0 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/6/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/6/2023
  • 1 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/5/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/4/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/4/2023
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/3/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/3/2023

Current Sentiment

  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Argo Blockchain logo
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

Today's Range

Now: $1.24
Low: $1.12
High: $1.25

50 Day Range

MA: $1.11
Low: $0.97
High: $1.46

52 Week Range

Now: $1.24
Low: $0.36
High: $3.20

Volume

281,634 shs

Average Volume

184,579 shs

Market Capitalization

$66.38 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.84

Frequently Asked Questions

What sell-side analysts currently cover shares of Argo Blockchain?

The following Wall Street research analysts have issued stock ratings on Argo Blockchain in the last twelve months: Canaccord Genuity Group Inc., Compass Point, HC Wainwright, Roth Capital, and VNET Group, Inc..
View the latest analyst ratings for ARBK.

What is the current price target for Argo Blockchain?

3 Wall Street analysts have set twelve-month price targets for Argo Blockchain in the last year. Their average twelve-month price target is $2.23, suggesting a possible upside of 80.1%. Compass Point has the highest price target set, predicting ARBK will reach $2.75 in the next twelve months. Canaccord Genuity Group Inc. has the lowest price target set, forecasting a price of $1.45 for Argo Blockchain in the next year.
View the latest price targets for ARBK.

What is the current consensus analyst rating for Argo Blockchain?

Argo Blockchain currently has 2 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for ARBK.

What other companies compete with Argo Blockchain?

Other companies that are similar to Argo Blockchain include 9F, Oportun Financial, SHF, Greenidge Generation and CURO Group. Learn More about companies similar to Argo Blockchain.

How do I contact Argo Blockchain's investor relations team?

Argo Blockchain's physical mailing address is Rm 4 1st Fl, 50 Jermyn Street, London SW1Y 6LX. The company's listed phone number is 44-78-8400-3403 and its investor relations email address is [email protected]. The official website for Argo Blockchain is argoblockchain.com. Learn More about contacing Argo Blockchain investor relations.