HC Wainwright Estimates Bitcoin Depot Q1 Earnings

Key Points

• HC Wainwright predicts that Bitcoin Depot will post Q1 2026 earnings of $0.16 per share, with a target price set at $6.50 and a "Buy" rating.
• The company reported a recent quarterly earnings of $0.16 EPS, missing analyst expectations by $0.01, while revenue exceeded estimates at $172.11 million.
• Large investors have significantly increased their holdings in Bitcoin Depot, with Welch Capital Partners growing its position by 85.1% in the first quarter.

Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) - Analysts at HC Wainwright issued their Q1 2026 earnings per share estimates for Bitcoin Depot in a research report issued to clients and investors on Wednesday, August 13th. HC Wainwright analyst M. Colonnese expects that the company will earn $0.16 per share for the quarter. HC Wainwright currently has a "Buy" rating and a $6.50 target price on the stock. HC Wainwright also issued estimates for Bitcoin Depot's Q2 2026 earnings at $0.18 EPS.

Bitcoin Depot (NASDAQ:BTM - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). Bitcoin Depot had a negative return on equity of 44.12% and a net margin of 0.44%.The company had revenue of $172.11 million during the quarter, compared to the consensus estimate of $168.00 million.

A number of other equities research analysts have also weighed in on BTM. Northland Capmk raised Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 16th. Noble Financial restated an "outperform" rating on shares of Bitcoin Depot in a report on Friday, June 13th. Northland Securities upgraded shares of Bitcoin Depot from a "market perform" rating to an "outperform" rating and set a $5.00 target price on the stock in a report on Friday, May 16th. Zacks Research downgraded shares of Bitcoin Depot from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, August 13th. Finally, Wall Street Zen raised shares of Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $5.67.

Bitcoin Depot Trading Down 7.3%

Shares of NASDAQ BTM traded down $0.2950 during trading hours on Thursday, reaching $3.7450. The stock had a trading volume of 943,233 shares, compared to its average volume of 999,132. Bitcoin Depot has a 52-week low of $0.93 and a 52-week high of $6.88. The firm has a market cap of $240.85 million, a price-to-earnings ratio of 37.45 and a beta of 0.86. The business's fifty day moving average price is $5.35 and its two-hundred day moving average price is $3.06. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 12.34.

Insider Activity

In other Bitcoin Depot news, COO Christopher Scott Buchanan sold 22,000 shares of Bitcoin Depot stock in a transaction on Thursday, August 14th. The shares were sold at an average price of $4.21, for a total value of $92,620.00. Following the transaction, the chief operating officer directly owned 147,276 shares of the company's stock, valued at approximately $620,031.96. The trade was a 13.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 70.23% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Bitcoin Depot

A number of large investors have recently made changes to their positions in BTM. Bank of America Corp DE increased its holdings in Bitcoin Depot by 11,320.0% in the 2nd quarter. Bank of America Corp DE now owns 9,707 shares of the company's stock worth $49,000 after buying an additional 9,622 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Bitcoin Depot in the second quarter worth $51,000. Qube Research & Technologies Ltd purchased a new position in shares of Bitcoin Depot during the second quarter worth $74,000. Truist Financial Corp acquired a new position in Bitcoin Depot during the second quarter valued at $71,000. Finally, Blue Owl Capital Holdings LP boosted its holdings in Bitcoin Depot by 480.0% in the fourth quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company's stock valued at $29,000 after purchasing an additional 15,000 shares during the last quarter. 9.18% of the stock is owned by hedge funds and other institutional investors.

Bitcoin Depot Company Profile

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.