HC Wainwright Predicts 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) - Equities research analysts at HC Wainwright issued their Q1 2026 EPS estimates for shares of Bitcoin Depot in a note issued to investors on Wednesday, August 13th. HC Wainwright analyst M. Colonnese forecasts that the company will post earnings of $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 released its quarterly earnings data on Tuesday, August 12th. The company reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.01). The company had revenue of $172.11 million for the quarter, compared to analyst estimates of $168.00 million. Bitcoin Depot had a negative return on equity of 27.73% and a net margin of 0.44%.

BTM has been the topic of a number of other reports. Wall Street Zen raised shares of Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 22nd. B. Riley boosted their target price on shares of Bitcoin Depot from $4.70 to $5.50 and gave the stock a "buy" rating in a report on Friday, May 16th. Northland Securities raised 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. Northland Capmk raised shares of Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a report on Friday, May 16th. Finally, Noble Financial reissued an "outperform" rating on shares of Bitcoin Depot in a report on Friday, June 13th. Four investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, Bitcoin Depot presently has a consensus rating of "Buy" and an average price target of $5.67.

Bitcoin Depot Price Performance

BTM stock traded down $0.19 during trading on Thursday, reaching $4.24. 201,444 shares of the company were exchanged, compared to its average volume of 993,902. Bitcoin Depot has a twelve month low of $0.93 and a twelve month high of $6.88. The company has a market capitalization of $272.93 million, a price-to-earnings ratio of 42.40 and a beta of 0.86. The company has a 50-day moving average of $5.40 and a two-hundred day moving average of $2.99.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Welch Capital Partners LLC NY grew its position in Bitcoin Depot by 85.1% during the first quarter. Welch Capital Partners LLC NY now owns 966,250 shares of the company's stock valued at $1,459,000 after buying an additional 444,177 shares during the period. Marshall Wace LLP bought a new position in Bitcoin Depot during the second quarter worth about $4,097,000. Radcliffe Capital Management L.P. boosted its position in Bitcoin Depot by 134.3% during the fourth quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company's stock worth $463,000 after purchasing an additional 163,854 shares during the period. Two Sigma Investments LP bought a new position in Bitcoin Depot during the fourth quarter worth about $427,000. Finally, Geode Capital Management LLC boosted its position in Bitcoin Depot by 35.9% during the second quarter. Geode Capital Management LLC now owns 171,606 shares of the company's stock worth $870,000 after purchasing an additional 45,300 shares during the period. 9.18% of the stock is owned by 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.

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