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Argo Blockchain (ARBK) AI Stock Analysis
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Argo Blockchain
(NASDAQ:ARBK)
Lowest score driven primarily by severely weak financial performance with declining revenues and cash outflows, followed by bearish technical indicators and poor valuation metrics.
Argo Blockchain (ARBK) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $492.94K
- Dividend Yield
- ―
- Average Volume (3M)
- 14.43K
- Price to Earnings (P/E)
- 0.1
- Beta (1Y)
- 1.02
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- US
- Employees
- 20
- Sector
- Financial
- Sector Strength
- 68
- Industry
- Financial - Capital Markets
Argo Blockchain Business Overview & Revenue Model
Company Description
Argo Blockchain plc, including its subsidiary ventures, operates globally as a miner of Bitcoin and other various cryptocurrencies. The company achieves this by deploying specialized computer systems engineered to process intricate cryptographic algo...
How the Company Makes Money
Argo Blockchain primarily makes money by mining Bitcoin and recognizing revenue from the Bitcoin it earns as block rewards and related transaction fees. In practice, the company deploys and operates mining equipment in dedicated facilities; when its...
Argo Blockchain Earnings Call Summary
The earnings call presented a mixed outlook for Argo Blockchain. While the company made significant strides in reducing debt and exploring new revenue streams through high-performance computing, it faced notable challenges in its core Bitcoin mining business, including decreased revenues, negative profitability metrics, and operational uncertainties at Helios.
Q3-2024 Updates
Positive Updates
Negative Updates
Company Guidance
In the Q3 2024 earnings call, Argo Blockchain provided detailed guidance on its financial performance and strategic initiatives. The company reported mining 123 Bitcoin, generating $7.5 million in revenue for the quarter, and $36.7 million for the nine months ending September 30, 2024. The mining margin significantly decreased to 8% from 58% in the prior year due to lower Bitcoin prices and higher energy costs. Argo posted a net loss of $6.3 million for Q3 and $39.2 million for the first nine months of 2024, with adjusted EBITDA at negative $2.1 million for the quarter. The company successfully reduced its debt by $12.4 million, fully repaying the Galaxy loan. Looking ahead, Argo plans to diversify revenue streams by exploring a High Performance Computing (HPC) expansion at Baie-Comeau, which could add up to 23 megawatts of capacity. This strategic pivot aims to mitigate volatility in Bitcoin mining by tapping into growing markets like AI. Argo's capital allocation strategy will prioritize growth opportunities while maintaining financial discipline.
Argo Blockchain Financial Statement Overview
Summary
Weak financials marked by sharp revenue decline from $98.7M in 2021 to $15.5M in 2025, large cumulative losses, negative equity periods, and chronic cash burn totaling over $250M.
Income Statement
25NegativeBalance Sheet
20Very NegativeCash Flow
15Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.54M | 15.52M | 48.52M | 57.72M | 47.76M | 98.75M |
| Gross Profit | 287.00K | 287.00K | 1.46M | 3.10M | 9.03M | 69.22M |
| EBITDA | -6.65M | 12.02M | -33.04M | -2.95M | 1.80M | 68.65M |
| Net Income | 4.96M | 5.08M | -55.10M | -34.64M | -228.96M | 39.07M |
Balance Sheet | ||||||
| Total Assets | 22.73M | 22.73M | 19.26M | 75.94M | 110.23M | 388.15M |
| Cash, Cash Equivalents and Short-Term Investments | 2.25M | 2.25M | 8.63M | 7.83M | 16.74M | 92.56M |
| Total Debt | 3.50M | 3.50M | 40.16M | 62.52M | 75.88M | 72.94M |
| Total Liabilities | 9.83M | 9.83M | 48.74M | 75.78M | 85.66M | 115.88M |
| Stockholders Equity | 12.90M | 12.90M | -29.48M | 158.00K | 24.58M | 272.27M |
Cash Flow | ||||||
| Free Cash Flow | -26.90M | -25.13M | -44.80M | -49.07M | -209.28M | -225.20M |
| Operating Cash Flow | -26.78M | -25.01M | -44.80M | -47.96M | -101.24M | -37.02M |
| Investing Cash Flow | 17.54M | 17.63M | 55.07M | 50.80M | 17.32M | -183.07M |
| Financing Cash Flow | 2.93M | 1.05M | -9.32M | -15.78M | 84.18M | 233.06M |
Argo Blockchain Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ARBK, the sentiment is Negative. The current price of 1.55 is below the 20-day moving average (MA) of 1.82, below the 50-day MA of 2.37, and below the 200-day MA of 3.08, indicating a bearish trend. The MACD of -0.23 indicates Negative momentum. The RSI at 25.81 is Positive, neither overbought nor oversold. The STOCH value of 18.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ARBK.
Argo Blockchain Risk Analysis
Argo Blockchain disclosed 94 risk factors in its most recent earnings report. Argo Blockchain reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksArgo Blockchain Peers Comparison
Overall Rating
RIOT57Neutral
BTBT46Neutral
FUFU38Underperform- ARBK38Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 68Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% |
| RIOT | 57Neutral | $4.81B | -3.48 | -48.36% | ― | 24.51% | -842.33% |
| BTBT | 46Neutral | $288.51M | -0.93 | -46.72% | ― | 23.36% | -150.86% |
| FUFU | 38Underperform | $179.99M | -1.52 | -81.89% | ― | 4.33% | -343.07% |
| ARBK | 38Underperform | $22.68M | 0.10 | -40.41% | ― | ― | ― |
* Financial Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ARBK | Argo Blockchain Plc Adr | 1.55 | -74.05 | -97.95% | |
| RIOT | Riot Platforms, Inc. | 12.81 | -7.91 | -38.18% | |
| BTBT | Bit Digital, Inc. | 0.80 | -2.62 | -76.61% | |
| FUFU | Bitfufu Inc. | 1.08 | -2.23 | -67.37% |
Argo Blockchain Corporate Events
Argo Blockchain CEO Departs as Board Launches AI-Focused Successor Search
Argo Blockchain plc announced on September 3, 2026, that Justin Nolan ceased to serve as Chief Executive Officer and Executive Director effective August 30, 2026, under a separation agreement that provides for a $250,000 gross cash payment subject to...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 13, 2026