NASDAQ:BTM

Bitcoin Depot (BTM) Stock Forecast, Price & News

$2.63

+0.10 (+3.95%)

(As of 09/29/2023 08:52 PM ET)

Compare

Today's Range: $2.44
▼
$2.70
50-Day Range: $2.24
▼
$4.34
52-Week Range: $2.16
▼
$11.15

Volume: 77,700 shs
Average Volume: 296,627 shs
Market Capitalization: $151.30 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $7.50

Profile Analyst Ratings Chart Competitors Earnings Financials Headlines SEC Filings Social Media

Bitcoin Depot MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 185.2% Upside
$7.50 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.67) to $0.55 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Financial Services Sector

19th out of 22 stocks

Capital Markets Industry

4th out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Bitcoin Depot has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $7.50, Bitcoin Depot has a forecasted upside of 185.2% from its current price of $2.63.
Amount of Analyst Coverage
Bitcoin Depot has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for BTM.

0.0

Dividend Strength

Dividend Yield
Bitcoin Depot does not currently pay a dividend.
Dividend Growth
Bitcoin Depot does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BTM.

2.7

News and Social Media Coverage

News Sentiment
Bitcoin Depot has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Financial Services companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Bitcoin Depot this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for BTM on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Bitcoin Depot to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Bitcoin Depot insiders have not sold or bought any company stock.
Percentage Held by Insiders
20.09% of the stock of Bitcoin Depot is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 16.78% of the stock of Bitcoin Depot is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Bitcoin Depot are expected to grow in the coming year, from ($0.67) to $0.55 per share.

See Top Rated MarketRank™ Stocks Here

About Bitcoin Depot (NASDAQ:BTM) Stock

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.

BTM Price History

30 days | 90 days | 365 days | Advanced Chart

BTM Stock News Headlines

September 22, 2023 | msn.com

Bitcoin Depot's Bold Move: $10M Share Repurchase Program Unveiled

September 22, 2023 | finance.yahoo.com

Bitcoin Depot Announces Share Repurchase Program

October 2, 2023 | Behind the Markets (Ad)

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September 22, 2023 | americanbankingnews.com

B. Riley Weighs in on Bitcoin Depot Inc.'s Q3 2023 Earnings (NASDAQ:BTM)

September 1, 2023 | finance.yahoo.com

Bitcoin Depot Inc. (BTM)

August 31, 2023 | finance.yahoo.com

Bitcoin Depot Expands Retail Footprint with 400 New Locations Across Iowa and Louisiana via Partnership with InComm Payments

August 26, 2023 | investing.com

Bitcoin Depot Inc (BTM)

August 24, 2023 | finance.yahoo.com

Bitcoin Depot to Participate in the 3rd Annual Needham Virtual Crypto Conference, H.C. Wainwright 25th Annual Global Investment Conference, and Northland Capital Markets Institutional Investor Conference

October 2, 2023 | Legacy Research (Ad)

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August 19, 2023 | seekingalpha.com

BTM Bitcoin Depot Inc.

August 16, 2023 | finance.yahoo.com

Bitcoin Depot Earns Ranking on 2023 Inc. 5000 List of Fastest-Growing Private Companies in America

August 14, 2023 | finance.yahoo.com

Bitcoin Depot Reports Second Quarter 2023 Financial Results

August 3, 2023 | finance.yahoo.com

Bitcoin Depot to Ring Nasdaq Opening Bell on July 24, 2023

August 3, 2023 | finance.yahoo.com

Bitcoin Depot Reports Preliminary Second Quarter Revenue; Sets 2Q23 Earnings Date and Provides 2023 Guidance

August 3, 2023 | finance.yahoo.com

Bitcoin Depot Schedules Second Quarter 2023 Conference Call for Monday, August 14th at 11:00 am ET

See More Headlines

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BTM Company Calendar

Last Earnings: 8/14/2023
Today: 10/02/2023
Next Earnings (Estimated): 11/13/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Capital Markets
Sub-Industry: N/A
Sector: Financial Services
Current Symbol: NASDAQ:BTM
CUSIP: N/A
CIK: 1901799
Web: www.bitcoindepot.com
Phone: 678-435-9604
Fax: N/A
Employees: 107
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $7.50
High Stock Price Forecast: $9.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +185.2%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,730,000.00
Net Margins: N/A
Pretax Margin: -28.20%
Return on Equity: -734.89%
Return on Assets: -6.27%

Debt

Debt-to-Equity Ratio: 4.22
Current Ratio: 0.63
Quick Ratio: 0.63

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($0.06) per share
Price / Book: -43.83

Miscellaneous

Outstanding Shares: 57,530,000
Free Float: 45,975,000
Market Cap: $151.30 million
Optionable: Not Optionable
Beta: -0.62

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Key Executives

Mr. Brandon Mintz (Age 29)
Chairman, Pres & CEO
Comp: $600k

Mr. Christopher Scott Buchanan (Age 32)
COO & Director
Comp: $343k

Mr. Glen S. Leibowitz (Age 53)
Chief Financial Officer

Mr. Mark Smalley (Age 54)
Chief Compliance Officer

Ms. Wendy Rusk
VP of Sales

Ms. Susan Echterhoff
Director of HR

Mr. Bill Knoll
Head of Product

Ms. Amanda Jenkins
Controller

Mr. Jason Sacco
VP of Operations

Key Competitors

View All Competitors

BTM Stock - Frequently Asked Questions

Should I buy or sell Bitcoin Depot stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Bitcoin Depot in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BTM shares.
View BTM analyst ratings or view top-rated stocks.
What is Bitcoin Depot's stock price forecast for 2023?: 2 equities research analysts have issued twelve-month price objectives for Bitcoin Depot's stock. Their BTM share price forecasts range from $6.00 to $9.00. On average, they predict the company's stock price to reach $7.50 in the next year. This suggests a possible upside of 185.2% from the stock's current price.
View analysts price targets for BTM or view top-rated stocks among Wall Street analysts.
How have BTM shares performed in 2023?: Bitcoin Depot's stock was trading at $2.80 at the start of the year. Since then, BTM stock has decreased by 6.1% and is now trading at $2.63.
View the best growth stocks for 2023 here.
When is Bitcoin Depot's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our BTM earnings forecast.
How were Bitcoin Depot's earnings last quarter?: Bitcoin Depot Inc. (NASDAQ:BTM) announced its quarterly earnings results on Monday, August, 14th. The company reported ($0.69) EPS for the quarter. The firm earned $197.47 million during the quarter.
What guidance has Bitcoin Depot issued on next quarter's earnings?: Bitcoin Depot issued an update on its FY 2023 earnings guidance on Saturday, September, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $700.00 million-$730.00 million.

What is Bitcoin Depot's stock symbol?: Bitcoin Depot trades on the NASDAQ under the ticker symbol "BTM."
How do I buy shares of Bitcoin Depot?: Shares of BTM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Bitcoin Depot's stock price today?: One share of BTM stock can currently be purchased for approximately $2.63.
How much money does Bitcoin Depot make?: Bitcoin Depot (NASDAQ:BTM) has a market capitalization of $151.30 million.
How many employees does Bitcoin Depot have?: The company employs 107 workers across the globe.
How can I contact Bitcoin Depot?: Bitcoin Depot's mailing address is 2870 Peachtree Road, Suite 327, Atlanta, GA 30305, United States. The official website for the company is www.bitcoindepot.com. The company can be reached via phone at 678-435-9604 or via email at btm@gateway-grp.com.

This page (NASDAQ:BTM) was last updated on 10/2/2023 by MarketBeat.com Staff

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Bitcoin Depot (BTM) Stock Forecast, Price & News

Bitcoin Depot MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Bitcoin Depot (NASDAQ:BTM) Stock

BTM Price History

BTM Stock News Headlines

BTM Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

BTM Stock - Frequently Asked Questions

Overall MarketRank^™