Argo Blockchain’s (ARBK) “Neutral” Rating Reiterated at HC Wainwright

HC Wainwright reissued their neutral rating on shares of Argo Blockchain (NASDAQ:ARBK) in a research note issued to investors on Friday,Benzinga reports. HC Wainwright also issued estimates for Argo Blockchain’s Q3 2025 earnings at ($0.10) EPS and Q4 2025 earnings at ($0.30) EPS.

Separately, Wall Street Zen upgraded shares of Argo Blockchain to a “hold” rating in a research report on Friday, July 18th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Argo Blockchain Stock Up 23.6%

Argo Blockchain stock opened at $0.42 on Friday. Argo Blockchain has a 52-week low of $0.15 and a 52-week high of $1.55. The company has a market cap of $30.12 million, a P/E ratio of -0.43 and a beta of 1.75. The business has a 50-day simple moving average of $0.29 and a two-hundred day simple moving average of $0.34.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Argo Blockchain stock. Armistice Capital LLC bought a new position in Argo Blockchain PLC Sponsored ADR (NASDAQ:ARBK) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 4,435,969 shares of the company’s stock, valued at approximately $830,000. Armistice Capital LLC owned approximately 6.17% of Argo Blockchain at the end of the most recent quarter. 2.42% of the stock is currently owned by institutional investors.

Argo Blockchain Company Profile

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.