Bitcoin Depot (BTM) Projected to Post Earnings on Tuesday

Key Points

• Bitcoin Depot (NASDAQ:BTM) is set to announce its Q2 2025 earnings on August 12th, with expected earnings of $0.17 per share and revenue of $168 million.
• In its last earnings report from May 15th, the company surpassed analyst expectations with an earnings per share of $0.20 and revenue of $164.23 million.
• Several analysts have recently upgraded Bitcoin Depot's rating, with four firms giving it a buy and two a strong-buy rating.

Bitcoin Depot (NASDAQ:BTM - Get Free Report) is anticipated to issue its Q2 2025 quarterly earnings data before the market opens on Tuesday, August 12th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $168.00 million for the quarter.

Bitcoin Depot (NASDAQ:BTM - Get Free Report) last released its quarterly earnings results on Thursday, May 15th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.11. The business had revenue of $164.23 million for the quarter, compared to the consensus estimate of $151.67 million.

Bitcoin Depot Price Performance

NASDAQ BTM traded down $0.02 during mid-day trading on Friday, reaching $4.90. 740,262 shares of the stock were exchanged, compared to its average volume of 1,210,635. Bitcoin Depot has a one year low of $0.93 and a one year high of $6.88. The stock has a 50 day simple moving average of $5.39 and a 200-day simple moving average of $2.94. The stock has a market cap of $315.13 million, a P/E ratio of -25.79 and a beta of 0.86.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Northland Securities raised shares of Bitcoin Depot from a "market perform" rating to an "outperform" rating and set a $5.00 target price for the company in a research note on Friday, May 16th. Noble Financial reissued an "outperform" rating on shares of Bitcoin Depot in a research note on Friday, June 13th. Wall Street Zen raised shares of Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 22nd. Northland Capmk raised shares of Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research note on Friday, May 16th. Finally, B. Riley lifted their target price on shares of Bitcoin Depot from $4.70 to $5.50 and gave the stock a "buy" rating in a research note on Friday, May 16th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $4.83.

Hedge Funds Weigh In On Bitcoin Depot

A hedge fund recently bought a new stake in Bitcoin Depot stock. Cetera Investment Advisers acquired a new stake in shares of Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,000 shares of the company's stock, valued at approximately $51,000. 9.18% of the stock is currently owned by hedge funds and other institutional investors.

About Bitcoin Depot

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.