Bitcoin Depot Q3 EPS Estimate Lowered by Northland Capmk

Key Points

• Northland Capital Markets has revised its earnings estimates for Bitcoin Depot, lowering the expected earnings per share for Q3 2025 from $0.07 to $0.04.
• Despite the earnings miss in the latest quarter, Bitcoin Depot reported revenue of $172.11 million, surpassing analyst expectations of $168.00 million.
• The consensus rating for Bitcoin Depot is "Buy" with an average price target of $5.67, as several analysts have recently issued favorable ratings for the stock.

Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) - Analysts at Northland Capmk decreased their Q3 2025 earnings per share estimates for Bitcoin Depot in a research report issued on Tuesday, August 12th. Northland Capmk analyst M. Grondahl now expects that the company will earn $0.04 per share for the quarter, down from their prior forecast of $0.07. Northland Capmk has a "Strong-Buy" rating on the stock. Northland Capmk also issued estimates for Bitcoin Depot's FY2025 earnings at $0.33 EPS, Q1 2026 earnings at $0.13 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.42 EPS.

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

A number of other equities analysts have also issued reports on BTM. Wall Street Zen raised Bitcoin Depot from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 22nd. Noble Financial reiterated an "outperform" rating on shares of Bitcoin Depot in a research report on Friday, June 13th. B. Riley lifted their price target on shares of Bitcoin Depot from $4.70 to $5.50 and gave the company a "buy" rating in a research report on Friday, May 16th. HC Wainwright lifted their price objective on Bitcoin Depot from $5.00 to $6.50 and gave the stock a "buy" rating in a research report on Wednesday. Finally, 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. Four equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $5.67.

Bitcoin Depot Stock Performance

Shares of BTM stock traded down $0.04 during mid-day trading on Thursday, hitting $4.07. 839,457 shares of the stock were exchanged, compared to its average volume of 1,147,767. The stock's fifty day simple moving average is $5.38 and its two-hundred day simple moving average is $3.03. The stock has a market capitalization of $261.74 million, a price-to-earnings ratio of 40.70 and a beta of 0.86. Bitcoin Depot has a 12-month low of $0.93 and a 12-month high of $6.88. The company has a debt-to-equity ratio of 12.34, a quick ratio of 1.09 and a current ratio of 1.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of BTM. Marshall Wace LLP purchased a new stake in Bitcoin Depot in the 2nd quarter worth approximately $4,097,000. Welch Capital Partners LLC NY raised its holdings in shares of Bitcoin Depot by 85.1% during the 1st quarter. Welch Capital Partners LLC NY now owns 966,250 shares of the company's stock valued at $1,459,000 after purchasing an additional 444,177 shares in the last quarter. Two Sigma Investments LP bought a new position in shares of Bitcoin Depot during the 4th quarter valued at $427,000. Lazard Asset Management LLC acquired a new position in Bitcoin Depot in the 2nd quarter valued at $1,149,000. Finally, Two Sigma Advisers LP acquired a new position in Bitcoin Depot in the 4th quarter valued at $267,000. Institutional investors own 9.18% of the company's stock.

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.