Argo Blockchain (ARBK) Stock Forecast, Price Target & Predictions
ARBK Stock Forecast
Argo Blockchain (ARBK) stock forecast, based on 5 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 -28.18% decline from the last price of $4.01.
ARBK Stock Rating
Argo Blockchain stock's rating consensus is Hold, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 1 Buy (20.00%), 4 Hold (80.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Hold
ARBK Price Target Upside V Benchmarks
| Type | Name | Upside |
|---|---|---|
| Stock | Argo Blockchain | -28.18% |
| Sector | Financial Services Stocks | 5.18% |
| Industry | Capital Markets Stocks | 17.01% |
Price Target Trends
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $4.01 | $4.01 | $4.01 |
| Upside/Downside | - | - | - |
Ratings Trends
| Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
|---|---|---|---|---|---|---|
| Jan, 26 | - | - | 1 | - | - | 1 |
| Dec, 25 | - | - | 1 | - | - | 1 |
| Nov, 25 | - | - | 1 | - | - | 1 |
| Oct, 25 | - | - | 1 | - | - | 1 |
| Sep, 25 | - | - | 1 | - | - | 1 |
Analyst Price Target Forecasts
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 25, 2024 | Jonathan Petersen | Jefferies | $1.50 | $1.63 | -7.98% | -62.59% |
| Nov 06, 2022 | Ramsey El-Assal | Barclays | $1.00 | $0.91 | 9.89% | -75.06% |
| Nov 01, 2022 | Joseph Vafi | Canaccord Genuity | $1.00 | $1.11 | -9.91% | -75.06% |
| Aug 29, 2022 | Canaccord Genuity | $10.00 | $4.51 | 121.73% | 149.38% | |
| Aug 26, 2022 | H.C. Wainwright | $8.00 | $4.93 | 62.27% | 99.50% | |
| May 20, 2022 | Canaccord Genuity | $13.00 | $5.80 | 124.14% | 224.19% | |
| May 19, 2022 | H.C. Wainwright | $14.00 | $6.14 | 128.01% | 249.13% |
Analyst Rating Forecasts
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 24, 2024 | Compass Point | Neutral | Neutral | hold |
| Apr 14, 2023 | Compass Point | Buy | upgrade | |
| Jan 04, 2023 | Roth Capital | Neutral | upgrade | |
| Dec 29, 2022 | H.C. Wainwright | Hold | Hold | hold |
| Aug 29, 2022 | Canaccord Genuity | Buy | Buy | hold |
| May 20, 2022 | Canaccord Genuity | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $1.04 | $-4.10 | $-0.70 | - | - | - |
| Avg Forecast | $0.96 | $-0.92 | $-0.50 | $-6.23 | $-1.78 | $0.03 |
| High Forecast | $1.18 | $-0.35 | $-0.45 | $-6.23 | $-1.78 | $0.03 |
| Low Forecast | $0.75 | $-1.71 | $-0.54 | $-6.23 | $-1.78 | $0.03 |
| Surprise % | 8.33% | 345.65% | 40.00% | - | - | - |
Revenue Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $100.15M | $47.36M | $57.72M | - | - | - |
| Avg Forecast | $72.84M | $48.57M | $41.69M | $37.24M | $5.00M | $84.79M |
| High Forecast | $85.14M | $80.90M | $44.76M | $37.24M | $5.00M | $84.79M |
| Low Forecast | $60.53M | $25.56M | $39.67M | $37.24M | $5.00M | $84.79M |
| Surprise % | 37.50% | -2.49% | 38.44% | - | - | - |
Net Income Forecast
Annual
| Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | |
|---|---|---|---|---|---|---|
| Reported | $41.52M | $-194.23M | $-35.03M | - | - | - |
| Avg Forecast | $48.63M | $-462.53M | $-251.23M | $-3.14B | $-897.57M | $16.25M |
| High Forecast | $59.31M | $-177.63M | $-226.92M | $-3.14B | $-897.57M | $16.25M |
| Low Forecast | $37.94M | $-862.73M | $-271.49M | $-3.14B | $-897.57M | $16.25M |
| Surprise % | -14.61% | -58.01% | -86.06% | - | - | - |