tiprankstipranks
Argo Blockchain (ARBK)
NASDAQ:ARBK
Want to see ARBK full AI Analyst Report?

Argo Blockchain (ARBK) Price & Analysis

552 Followers

ARBK Stock Chart & Stats

$3.69
-$0.03(-4.23%)
At close: 4:00 PM EST
$3.69
-$0.03(-4.23%)

Bulls Say, Bears Say

Bulls Say
Debt EliminationArgo made solid capital structure headway in eliminating all debt owed to Galaxy Digital.
New Revenue StreamsArgo plans to transform Baie Comeau into a hub for high-performance computing services, targeting new revenue streams in AI and data processing.
Bears Say
Capacity ReductionThe hosting agreement for Helios is ending in December 2024, which will significantly reduce Argo's hash rate capacity.
Debt And Mining EnvironmentArgo is faced with negotiating a few issues, including balancing capital allocation in a return to growth and managing the $40M debt due.
Revenue DeclineArgo's 3Q24 revenues decreased to $7.5M from $12.4M in 2Q24, and the number of bitcoins mined also dropped from 157 to 123.

Argo Blockchain News

ARBK FAQ

What was Argo Blockchain’s price range in the past 12 months?
Argo Blockchain lowest stock price was $2.63 and its highest was $205.33 in the past 12 months.
    What is Argo Blockchain’s market cap?
    Argo Blockchain’s market cap is $7.75M.
      When is Argo Blockchain’s upcoming earnings report date?
      Argo Blockchain’s upcoming earnings report date is Sep 02, 2026 which is in 79 days.
        How were Argo Blockchain’s earnings last quarter?
        Argo Blockchain released its earnings results on May 20, 2026. The company reported $29.373 earnings per share for the quarter, beating the consensus estimate of N/A by $29.373.
          Is Argo Blockchain overvalued?
          According to Wall Street analysts Argo Blockchain’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Argo Blockchain pay dividends?
            Argo Blockchain does not currently pay dividends.
            What is Argo Blockchain’s EPS estimate?
            Argo Blockchain’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Argo Blockchain have?
            Argo Blockchain has 333,638 shares outstanding.
              What happened to Argo Blockchain’s price movement after its last earnings report?
              Argo Blockchain reported an EPS of $29.373 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.062%.
                Which hedge fund is a major shareholder of Argo Blockchain?
                Currently, no hedge funds are holding shares in ARBK
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Company Description

                  Argo Blockchain

                  Argo Blockchain plc, including its subsidiary ventures, operates globally as a miner of Bitcoin and other various cryptocurrencies. The company achieves this by deploying specialized computer systems engineered to process intricate cryptographic algorithms. Founded in 2017, the enterprise was initially known as GoSun Blockchain Limited, officially rebranding to Argo Blockchain plc in December of the same year. Its corporate headquarters are located in London, United Kingdom.

                  Argo Blockchain (ARBK) Earnings & Revenues

                  Similar Stocks
                  Company
                  Price & Change
                  Follow
                  Riot Platforms
                  Greenidge Generation Holdings
                  Bit Digital
                  BitFuFu

                  Ownership Overview

                  0.01%<0.01%99.98%
                  Insiders
                  <0.01% Other Institutional Investors
                  99.98% Public Companies and
                  Individual Investors
                  Popular Stocks