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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 172.91% upside for Argo Blockchain PLC from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Argo Blockchain (NASDAQ:ARBK) was reported by HC Wainwright & Co. on November 21, 2024. The analyst firm set a price target for $0.00 expecting ARBK to fall to within 12 months (a possible -100.00% downside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Argo Blockchain (NASDAQ:ARBK) was provided by HC Wainwright & Co., and Argo Blockchain reiterated their neutral rating.
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.
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.
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 November 21, 2024 so you should expect the next rating to be made available sometime around November 21, 2025.
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 $0.69, which is out of the analyst’s predicted range.
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