Brokers Issue Forecasts for Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Investment analysts at HC Wainwright issued their Q1 2026 earnings per share estimates for Bitcoin Depot in a research note issued to investors on Wednesday, March 25th. HC Wainwright analyst M. Colonnese anticipates that the company will earn ($0.42) per share for the quarter. HC Wainwright has a “Buy” rating and a $4.00 price objective on the stock. HC Wainwright also issued estimates for Bitcoin Depot’s Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at ($0.54) EPS, Q4 2026 earnings at ($0.62) EPS and FY2026 earnings at ($1.86) EPS.

A number of other brokerages have also recently issued reports on BTM. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a research note on Wednesday, January 21st. Noble Financial reissued an “outperform” rating on shares of Bitcoin Depot in a research note on Tuesday, March 17th. B. Riley Financial increased their target price on Bitcoin Depot to $4.20 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Finally, Wall Street Zen lowered Bitcoin Depot from a “buy” rating to a “strong sell” rating in a research report on Saturday, March 21st. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $14.40.

Bitcoin Depot Price Performance

Shares of NASDAQ:BTM opened at $2.47 on Friday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 4.72. The stock has a market cap of $25.71 million, a PE ratio of 1.30 and a beta of 0.96. The company’s fifty day moving average is $5.75 and its 200 day moving average is $12.73. Bitcoin Depot has a 52 week low of $2.35 and a 52 week high of $48.16.

Bitcoin Depot (NASDAQ:BTM) last posted its quarterly earnings results on Monday, March 16th. The company reported ($1.18) EPS for the quarter, missing the consensus estimate of ($0.47) by ($0.71). Bitcoin Depot had a negative return on equity of 70.95% and a negative net margin of 0.94%.The business had revenue of $116.04 million for the quarter, compared to analysts’ expectations of $113.93 million.

Institutional Investors Weigh In On Bitcoin Depot

Large investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC increased its position in shares of Bitcoin Depot by 12.4% in the fourth quarter. Renaissance Technologies LLC now owns 1,534,631 shares of the company’s stock valued at $1,980,000 after acquiring an additional 168,900 shares during the period. Owl Creek Asset Management L.P. purchased a new stake in shares of Bitcoin Depot during the fourth quarter worth about $1,935,000. Welch Capital Partners LLC NY boosted its holdings in shares of Bitcoin Depot by 14.3% during the third quarter. Welch Capital Partners LLC NY now owns 1,469,313 shares of the company’s stock worth $4,937,000 after purchasing an additional 184,123 shares during the period. Sabby Management LLC bought a new stake in shares of Bitcoin Depot in the fourth quarter worth about $1,292,000. Finally, Vanguard Group Inc. grew its stake in shares of Bitcoin Depot by 54.9% in the third quarter. Vanguard Group Inc. now owns 951,318 shares of the company’s stock worth $3,196,000 after purchasing an additional 337,070 shares during the last quarter. Institutional investors own 9.18% of the company’s stock.

Bitcoin Depot Company Profile

Bitcoin Depot, Inc operates one of the largest networks of self-service cryptocurrency kiosks in North America, enabling customers to buy and sell Bitcoin and other digital assets using cash or debit cards. Through a partnership model with convenience stores, gas stations and retail outlets, the company provides an accessible on-ramp and off-ramp for individuals entering the cryptocurrency market without requiring a bank account or extensive technical knowledge. Transactions are completed in real time at the point of sale, with verification and receipt provided via email or mobile phone.

Founded in 2016 and headquartered in Atlanta, Georgia, Bitcoin Depot began as a privately held startup focused on expanding retail access to digital currencies.