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Argo Blockchain (ARBK) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ARBK Stock Forecast

Argo Blockchain (ARBK) stock forecast, based on 4 Wall Street analysts, predicts a 12-month average price target of $2.88, with a high of $8.00 and a low of $1.00. This represents a 526.09% increase from the last price of $0.46.

- $1 $2 $3 $4 $5 $6 $7 $8 High: $8 Avg: $2.88 Low: $1 Last Closed Price: $0.46

ARBK Stock Rating

Argo Blockchain stock's rating consensus is Hold, based on 4 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (25.00%), 3 Hold (75.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 4 0 3 1 Strong Sell Sell Hold Buy Strong Buy

ARBK Forecast vs Benchmarks

TypeNameUpside
StockArgo Blockchain526.09%
SectorFinancial Services Stocks 2.38%
IndustryCapital Markets Stocks-5.05%

Price Target Trends

1M3M12M
# Anlaysts--1
Avg Price Target--$1.50
Last Closing Price$0.46$0.46$0.46
Upside/Downside--226.09%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 25--3115
Dec, 24--31-4
Nov, 24--31-4
Oct, 24--31-4
Sep, 24--31-4
Latest Price Target by Analysts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Mar 25, 2024Jonathan PetersenJefferies$1.50$1.63-7.98%226.09%
Nov 06, 2022Ramsey El-AssalBarclays$1.00$0.919.89%117.39%
Nov 01, 2022Joseph VafiCanaccord Genuity$1.00$1.11-9.91%117.39%
Aug 29, 2022Canaccord Genuity$10.00$4.51121.73%2073.91%
Aug 26, 2022H.C. Wainwright$8.00$4.9362.27%1639.13%
May 20, 2022Canaccord Genuity$13.00$5.80124.14%2726.09%
May 19, 2022H.C. Wainwright$14.00$6.14128.01%2943.48%
Latest Upgrade/Downgrade by Analysts
DateCompanyPrevious RatingNew RatingRating Change
May 24, 2024Compass PointNeutralNeutralhold
Apr 14, 2023Compass PointBuyupgrade
Jan 04, 2023Roth CapitalNeutralupgrade
Dec 29, 2022H.C. WainwrightHoldHoldhold
Aug 29, 2022Canaccord GenuityBuyBuyhold
May 20, 2022Canaccord GenuityBuyBuyhold

Financial Forecast

EPS Forecast

$-7 $-6 $-5 $-4 $-3 $-2 $-1 $0 $1 $2 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$0.05$1.04$-4.10$-0.70---
Avg Forecast-$0.96$-0.92$-0.50$-6.23$-1.78$0.03
High Forecast-$0.75$-1.71$-0.54$-6.23$-1.78$0.03
Low Forecast-$1.18$-0.35$-0.45$-6.23$-1.78$0.03
Surprise %-8.33%345.65%40.00%---

Revenue Forecast

$0 $21M $42M $63M $84M $105M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$25.84M$100.15M$47.36M$57.72M---
Avg Forecast$19.41M$72.84M$48.57M$41.69M$37.24M$5.00M$84.79M
High Forecast$16.13M$60.53M$25.56M$39.67M$37.24M$5.00M$84.79M
Low Forecast$22.69M$85.14M$80.90M$44.76M$37.24M$5.00M$84.79M
Surprise %33.13%37.50%-2.49%38.44%---

Net Income Forecast

$-4B $-3B $-2B $-1B $-300M $500M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$1.40M$41.52M$-194.23M$-35.03M---
Avg Forecast-$48.63M$-462.53M$-251.23M$-3.14B$-897.57M$16.25M
High Forecast-$37.94M$-862.73M$-271.49M$-3.14B$-897.57M$16.25M
Low Forecast-$59.31M$-177.63M$-226.92M$-3.14B$-897.57M$16.25M
Surprise %--14.61%-58.01%-86.06%---

ARBK Forecast FAQ

Is Argo Blockchain stock a buy?

Argo Blockchain stock has a consensus rating of Hold, based on 4 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 1 Buy, 3 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Argo Blockchain is a neutral investment for most analysts.

What is Argo Blockchain's price target?

Argo Blockchain's price target, set by 4 Wall Street analysts, averages $2.88 over the next 12 months. The price target range spans from $1 at the low end to $8 at the high end, suggesting a potential 526.09% change from the previous close price of $0.46.

How does Argo Blockchain stock forecast compare to the average forecast of its sector, industry, and investment themes?

Argo Blockchain stock forecast shows a 526.09% upside, outperforming the average forecast for the financial services stocks sector (2.38%) and outperforming the capital markets stocks industry (-5.05%).

What is the breakdown of analyst ratings for Argo Blockchain over the past three months?

  • January 2025: 0% Strong Buy, 0% Buy, 60.00% Hold, 20.00% Sell, 20.00% Strong Sell.
  • December 2024: 0% Strong Buy, 0% Buy, 75.00% Hold, 25.00% Sell, 0% Strong Sell.
  • November 2024: 0% Strong Buy, 0% Buy, 75.00% Hold, 25.00% Sell, 0% Strong Sell.

What is Argo Blockchain’s EPS forecast?

Argo Blockchain's average annual EPS forecast for its fiscal year ending in December is -6.23 for 2024, a 790.00% increase from the reported $-0.7 in 2023. The prediction for 2025 is $-1.78, and $0.03 for 2026.

What is Argo Blockchain’s revenue forecast?

Argo Blockchain's average annual revenue forecast for its fiscal year ending in December is $37.24M for 2024, a -35.49% decrease from the reported $57.72M in 2023. The forecast for 2025 is $5M, and $84.79M for 2026.

What is Argo Blockchain’s net income forecast?

For its fiscal year ending in December, Argo Blockchain's average annual net income forecast is $-3.141B for 2024, reflecting an 8865.44% increase from the reported $-35.033M in 2023. The projection for 2025 is $-898M, and $16.25M for 2026.