Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) - Investment analysts at Northland Capmk issued their Q1 2026 earnings per share (EPS) estimates for shares of Bitcoin Depot in a report issued on Monday, June 2nd. Northland Capmk analyst M. Grondahl expects that the company will post earnings per share of $0.15 for the quarter. Northland Capmk has a "Strong-Buy" rating on the stock. Northland Capmk also issued estimates for Bitcoin Depot's Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.08 EPS and FY2026 earnings at $0.50 EPS.
A number of other brokerages have also commented on BTM. Wall Street Zen raised Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 22nd. HC Wainwright restated a "buy" rating and set a $4.00 price objective on shares of Bitcoin Depot in a research report on Tuesday, March 18th. Northland Securities upgraded Bitcoin Depot from a "market perform" rating to an "outperform" rating and set a $5.00 target price for the company in a report on Friday, May 16th. Finally, B. Riley boosted their price objective on Bitcoin Depot from $4.70 to $5.50 and gave the company a "buy" rating in a report on Friday, May 16th. Three investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Strong Buy" and an average price target of $4.83.
View Our Latest Stock Report on Bitcoin Depot
Bitcoin Depot Price Performance
NASDAQ:BTM traded up $0.57 during trading hours on Tuesday, hitting $4.67. The company's stock had a trading volume of 1,918,150 shares, compared to its average volume of 615,444. The stock has a fifty day simple moving average of $2.14 and a 200-day simple moving average of $1.77. The company has a market capitalization of $300.34 million, a P/E ratio of -5.02 and a beta of -0.27. The company has a debt-to-equity ratio of 9.33, a current ratio of 0.91 and a quick ratio of 0.91. Bitcoin Depot has a twelve month low of $0.93 and a twelve month high of $4.80.
Bitcoin Depot (NASDAQ:BTM - Get Free Report) last released its quarterly earnings data on Thursday, May 15th. The company reported $0.20 earnings per share 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 analyst estimates of $151.67 million. Bitcoin Depot had a negative return on equity of 488.33% and a negative net margin of 2.28%.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of BTM. Welch Capital Partners LLC NY increased its holdings in Bitcoin Depot by 85.1% in the 1st quarter. Welch Capital Partners LLC NY now owns 966,250 shares of the company's stock worth $1,459,000 after acquiring an additional 444,177 shares during the last quarter. Two Sigma Investments LP bought a new stake in Bitcoin Depot in the 4th quarter worth approximately $427,000. Two Sigma Advisers LP bought a new stake in Bitcoin Depot in the 4th quarter worth approximately $267,000. Radcliffe Capital Management L.P. lifted its position in Bitcoin Depot by 134.3% in the fourth quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company's stock valued at $463,000 after purchasing an additional 163,854 shares during the last quarter. Finally, Renaissance Technologies LLC lifted its position in Bitcoin Depot by 96.4% in the fourth quarter. Renaissance Technologies LLC now owns 146,100 shares of the company's stock valued at $237,000 after purchasing an additional 71,700 shares during the last quarter. Hedge funds and other institutional investors own 9.18% of the company's stock.
Insider Buying and Selling
In other Bitcoin Depot news, COO Christopher Scott Buchanan sold 20,476 shares of the business's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $1.33, for a total value of $27,233.08. Following the transaction, the chief operating officer now owns 169,276 shares of the company's stock, valued at approximately $225,137.08. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 70.23% of the stock is currently owned by corporate insiders.
About Bitcoin Depot
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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.
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