Argo Blockchain (ARB.L) Stock Price
Argo Blockchain Price
Over the last 6 years Argo Blockchain grew revenue by 98.7% annually, reaching 47.02 M USD. For Argo Blockchain, the net margin of -117.2% is down versus 7.6% a few years ago.
Argo Blockchain stock price
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Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of Argo Blockchain over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Argo Blockchain stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Argo Blockchain's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
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Argo Blockchain Revenue, EBIT, Net Income
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Argo Blockchain Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEM USD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEM USD |
| EBITM USD |
| EBIT MARGIN% |
| NET INCOMEM USD |
| NET INCOME GROWTH% |
| SHARESM |
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025e | 2026e |
|---|---|---|---|---|---|---|---|---|
| – | 8.00 | 23.00 | 98.00 | 58.00 | 50.00 | 47.00 | 133.00 | 169.00 |
| – | – | 187.50 | 326.09 | -40.82 | -13.79 | -6.00 | 182.98 | 27.07 |
| – | 37.50 | 17.39 | 72.45 | -72.41 | 6.00 | 2.13 | 2.13 | 2.13 |
| 1.00 | 3.00 | 4.00 | 71.00 | -42.00 | 3.00 | 1.00 | 2.83 | 3.60 |
| -4.00 | – | 2.00 | 56.00 | -92.00 | -16.00 | -12.00 | 32.00 | – |
| – | – | 8.70 | 57.14 | -158.62 | -32.00 | -25.53 | 24.06 | – |
| -4.00 | – | 1.00 | 40.00 | -228.00 | -34.00 | -55.00 | 25.00 | – |
| – | – | – | 3,900.00 | -670.00 | -85.09 | 61.76 | -145.45 | – |
| 186.02 | 293.75 | 334.64 | 415.20 | 473.93 | 503.92 | 607.88 | 607.88 | 607.88 |
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Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales Argo Blockchain generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Argo Blockchain retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Argo Blockchain's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares Argo Blockchain has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Argo Blockchain's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
Argo Blockchain stock margins
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Argo Blockchain Stock Revenue, EBIT, Earnings per Share
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Argo Blockchain business model & stock analysis
Argo Blockchain SWOT Analysis
Strengths
1. Leading player in the blockchain industry with a strong market presence.
2. Specializes in mining cryptocurrencies, providing a crucial infrastructure for digital asset transactions.
3. Continuous investment in state-of-the-art mining hardware and technology to enhance operational efficiency.
4. Strategic partnerships with key industry players for collaborative growth and innovation.
Weaknesses
1. Dependence on the volatile cryptocurrency market, which can impact profitability.
2. Limited diversification in services beyond cryptocurrency mining.
3. Relatively smaller scale compared to some competitors may limit economies of scale.
4. Vulnerability to regulatory changes and potential legal challenges in the cryptocurrency space.
Opportunities
1. Increasing global adoption of blockchain technology opens doors for expansion.
2. Rising demand for cryptocurrency mining services as digital assets gain popularity.
3. Potential expansion into other related services such as crypto wallet solutions or blockchain consulting.
4. Collaboration with established financial institutions for mainstream integration of blockchain and cryptocurrencies.
Threats
1. Intense competition from both established players and emerging startups in the blockchain industry.
2. Volatility and uncertainty in cryptocurrency markets can impact revenue and profitability.
3. Regulatory hurdles and government crackdowns on cryptocurrencies and digital assets.
4. Rapid technological advancements may make current mining hardware obsolete, requiring significant investment.
Argo Blockchain Eulerpool Fair Value
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Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
Argo Blockchain historical P/E ratio, EBIT multiple, and P/S ratio
Argo Blockchain annual returns
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Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
Argo Blockchain shares outstanding
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Argo Blockchain Earnings Estimates & Surprises
| Date | EPS estimate | EPS Actual | Revenue Estimate | Price reaction | Quarterly report |
|---|---|---|---|---|---|
| 4/28/2022 | 0.06USD | - | 40.54 MUSD | - | 2021 Q4 |
| 8/9/2021 | 0.02USD | - | 25.27 MUSD | - | 2021 Q2 |
Argo Blockchain shareholder structure
| % | Name |
|---|---|
0.00428% | |
0.00217% |
Argo Blockchain Executives and Management Board
3 members · 67 % women
Management
Mr. Justin Nolan
Chief Executive Officer, Executive Director · since 2025
Ms. Charlotte Proctor-Worrall
Chief Financial Officer
Board of Directors
Ms. Maria Perrella
Independent Non-Executive Chairman of the Board
Frequently asked questions about Argo Blockchain
The business model of Argo Blockchain PLC is focused on cryptocurrency mining. Argo Blockchain operates a global data center infrastructure that is specifically designed for mining digital currencies such as Bitcoin. Through its mining operations, the company utilizes specialized computer hardware and software to solve complex mathematical problems, thus validating and securing cryptocurrency transactions. Argo Blockchain aims to increase its mining capacity and efficiency, while also exploring opportunities in cryptocurrency investments and mining-as-a-service offerings. By leveraging their expertise in blockchain technology, Argo Blockchain PLC strives to generate revenue and profit from the mining of cryptocurrencies.
Argo Blockchain PLC primarily operates in the cryptocurrency mining industry. As one of the leading cryptocurrency miners, the company is actively involved in the mining and production of digital assets, specifically cryptocurrencies like Bitcoin. Argo Blockchain PLC leverages advanced mining hardware and technology to secure and validate digital transactions, contributing to the overall functionality and security of cryptocurrency networks. Through their mining operations, Argo Blockchain PLC aims to generate profits by completing complex mathematical computations required for mining cryptocurrencies. The company's focus on cryptocurrency mining highlights their commitment to the advancement and growth of the digital currency industry.
The main competitors of Argo Blockchain PLC in the market include Bitmain Technologies Ltd, Hut 8 Mining Corp, and Riot Blockchain Inc.
Argo Blockchain PLC is a prominent company in the cryptocurrency mining industry. Established in 2018, Argo Blockchain focuses on providing efficient and scalable mining infrastructure to mine Bitcoin and other cryptocurrencies. Based in London, England, the company offers its services globally, making it a prominent player in the digital currency market. With a strong team of experts and advanced technology, Argo Blockchain is acclaimed for its commitment to environmentally friendly mining practices. Continuously expanding its mining operations, Argo Blockchain remains dedicated to maximizing its shareholders' returns while contributing to the development of the blockchain ecosystem.
Argo Blockchain PLC, a leading global cryptocurrency mining company, has achieved several significant milestones. One notable accomplishment is when the company became the first cryptocurrency mining firm to be listed on the London Stock Exchange in 2018. This milestone gave Argo Blockchain PLC increased recognition and credibility within the financial industry. Additionally, the company has expanded its mining operations, increasing its capacity and hash rate significantly. Argo Blockchain PLC has also formed strategic partnerships with technology firms to enhance its mining infrastructure and optimize profitability. These achievements demonstrate Argo Blockchain PLC's commitment to being at the forefront of the cryptocurrency mining industry.
Argo Blockchain PLC is primarily present in the United Kingdom.
Argo Blockchain PLC represents a strong commitment to innovation, transparency, and long-term growth. With a focus on cryptocurrency mining, the company aims to revolutionize the industry through advanced technology and sustainable practices. Argo Blockchain values operational excellence, striving to provide efficient and profitable mining solutions. The company's corporate philosophy centers around accountability and integrity, prioritizing the interests of shareholders and stakeholders. Argo Blockchain PLC stands as a trusted player in the cryptocurrency sector, harnessing the potential of blockchain technology to shape the future of finance.
8 analysts currently rate the Argo Blockchain stock: 0 recommend buying, 3 holding and 5 selling.
The Argo Blockchain share (ARB.L) is listed on 6 stock exchanges, including: Frankfurt (0XP.F), München (0XP.MU), Düsseldorf (0XP.DU), London (ARB.L), London (ARB.L).
Argo Blockchain specializes in providing mining services for cryptocurrencies, particularly Bitcoin. They offer hardware and software to help users mine and maximize their profitability. The company also provides cloud mining services, consulting, and training to support users in the cryptocurrency community. Argo Blockchain has a strong infrastructure and experienced management team, positioning it well to benefit from the growing demand for cryptocurrencies and related technologies.
The expected revenue of Argo Blockchain is 169.23 M USD. This figure is based on current financial data and reflects the company's business performance.
The profit cannot currently be calculated for Argo Blockchain.
The P/E ratio cannot be calculated for Argo Blockchain at the moment.
The P/S cannot be calculated for Argo Blockchain currently.
The Eulerpool Quality Score for Argo Blockchain is 1/10.
The ISIN of Argo Blockchain is GB00BZ15CS02. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Argo Blockchain is A2JR3A. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Argo Blockchain is ARB.L. The ticker symbol is used to trade Argo Blockchain shares on the stock exchange.
Argo Blockchain is assigned to the 'Information technology' sector.
The dividends of Argo Blockchain are distributed in USD.
Argo Blockchain stock
Argo Blockchain Peer Group
Argo Blockchain Ticker
Argo Blockchain FIGI
All fundamentals and in-depth analysis of Argo Blockchain
Our stock analysis for Argo Blockchain stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Argo Blockchain. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.