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Argo Blockchain

ARBKNASDAQ
Logo brought to you by Benzinga Data
$1.23
0.032.50%
At close: -
$1.24
0.010.81%
After Hours: Nov 15, 7:57 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$1.00
Consensus Price Target1
$6.24

Argo Blockchain (NASDAQ:ARBK) Stock, Analyst Ratings, Price Targets, Forecasts

Argo Blockchain PLC has a consensus price target of $6.24 based on the ratings of 6 analysts. The high is $25 issued by Compass Point on March 8, 2022. The low is $1 issued by Roth Capital on January 4, 2023. The 3 most-recent analyst ratings were released by Canaccord Genuity, Canaccord Genuity, and Compass Point on March 28, 2024, November 16, 2023, and August 30, 2023, respectively. With an average price target of $1.88 between Canaccord Genuity, Canaccord Genuity, and Compass Point, there's an implied 51.88% upside for Argo Blockchain PLC from these most-recent analyst ratings.

Analyst Trends and Forecast
1
May
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.8
Hold
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Canaccord Genuity
Compass Point
Roth Capital
Barclays
Compass Point

1calculated from analyst ratings

Analyst Ratings for Argo Blockchain

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FAQ

Q

What is the target price for Argo Blockchain (ARBK) stock?

A

The latest price target for Argo Blockchain (NASDAQ:ARBK) was reported by HC Wainwright & Co. on August 29, 2024. The analyst firm set a price target for $0.00 expecting ARBK to fall to within 12 months (a possible -100.00% downside). 4 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Argo Blockchain (ARBK)?

A

The latest analyst rating for Argo Blockchain (NASDAQ:ARBK) was provided by HC Wainwright & Co., and Argo Blockchain reiterated their neutral rating.

Q

When was the last upgrade for Argo Blockchain (ARBK)?

A

The last upgrade for Argo Blockchain PLC happened on May 1, 2023 when HC Wainwright & Co. raised their price target to $2.5. HC Wainwright & Co. previously had a neutral for Argo Blockchain PLC.

Q

When was the last downgrade for Argo Blockchain (ARBK)?

A

The last downgrade for Argo Blockchain PLC happened on December 14, 2022 when HC Wainwright & Co. changed their price target from N/A to N/A for Argo Blockchain PLC.

Q

When is the next analyst rating going to be posted or updated for Argo Blockchain (ARBK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Argo Blockchain, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Argo Blockchain was filed on August 29, 2024 so you should expect the next rating to be made available sometime around August 29, 2025.

Q

Is the Analyst Rating Argo Blockchain (ARBK) correct?

A

While ratings are subjective and will change, the latest Argo Blockchain (ARBK) rating was a reiterated with a price target of $0.00 to $0.00. The current price Argo Blockchain (ARBK) is trading at is $1.24, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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