Bitcoin Depot (NASDAQ:BTM) Rating Lowered to “Strong Sell” at Wall Street Zen

Bitcoin Depot (NASDAQ:BTM) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “strong sell” rating in a note issued to investors on Saturday.

A number of other equities analysts have also commented on BTM. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a report on Wednesday, January 21st. B. Riley Financial boosted their price objective on Bitcoin Depot to $4.20 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. Finally, Noble Financial reissued an “outperform” rating on shares of Bitcoin Depot in a report on Tuesday, March 17th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Bitcoin Depot currently has an average rating of “Hold” and an average price target of $28.23.

Bitcoin Depot Stock Performance

Shares of BTM stock opened at $3.14 on Friday. The stock has a market capitalization of $32.69 million, a P/E ratio of 1.65 and a beta of 0.96. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 4.72. The firm’s 50 day moving average is $6.29 and its 200 day moving average is $13.18. Bitcoin Depot has a 12 month low of $3.07 and a 12 month high of $48.16.

Bitcoin Depot (NASDAQ:BTM) last released its quarterly earnings data on Monday, March 16th. The company reported ($1.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.71). Bitcoin Depot had a negative net margin of 0.94% and a negative return on equity of 70.95%. The business had revenue of $116.04 million during the quarter, compared to analysts’ expectations of $113.93 million.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC grew its position in shares of Bitcoin Depot by 12.4% during the 4th quarter. Renaissance Technologies LLC now owns 1,534,631 shares of the company’s stock valued at $1,980,000 after purchasing an additional 168,900 shares in the last quarter. Owl Creek Asset Management L.P. purchased a new stake in shares of Bitcoin Depot in the fourth quarter worth $1,935,000. Welch Capital Partners LLC NY boosted its stake in Bitcoin Depot by 14.3% during the third quarter. Welch Capital Partners LLC NY now owns 1,469,313 shares of the company’s stock valued at $4,937,000 after buying an additional 184,123 shares during the period. Sabby Management LLC bought a new stake in Bitcoin Depot during the fourth quarter valued at $1,292,000. Finally, Vanguard Group Inc. grew its position in Bitcoin Depot by 54.9% during the third quarter. Vanguard Group Inc. now owns 951,318 shares of the company’s stock worth $3,196,000 after buying an additional 337,070 shares in the last quarter. 9.18% of the stock is owned by institutional investors.

Trending Headlines about Bitcoin Depot

Here are the key news stories impacting Bitcoin Depot this week:

• Positive Sentiment: Broker support remains: Noble Financial keeps an “Outperform” rating and published updated multi‑quarter EPS estimates (showing where the firm expects the recovery). Noble Financial Estimates Bitcoin Depot FY2027 Earnings
• Positive Sentiment: B. Riley’s analyst note flagged upside and said the stock price is expected to rise — a near‑term bullish catalyst if investors focus on the analyst upgrade/optimism. Bitcoin Depot (NASDAQ:BTM) Stock Price Expected to Rise, B. Riley Financial Analyst Says
• Neutral Sentiment: Q4 earnings call highlights were published and contain management commentary investors will parse for guidance and cost actions; read for context but the headlines so far are mixed. Bitcoin Depot Q4 Earnings Call Highlights
• Neutral Sentiment: Reported short‑interest data looks internally inconsistent (reports cite a “significant increase” but show zero shares and NaN changes). That suggests the short‑interest figures are unreliable now and not a clear market driver.
• Negative Sentiment: Regulatory/filing risk: Bitcoin Depot delayed its annual Form 10‑K filing — a material event that typically raises investor concern about accounting, audit or disclosure issues and can pressure the stock. Bitcoin Depot Delays Annual 10-K Filing
• Negative Sentiment: Analyst downgrades to profit expectations: Noble Financial lowered FY‑2026 EPS substantially (from prior forecast to a deeper negative number), signaling weaker near‑term profitability than earlier expected — this reduces near‑term earnings visibility.

About Bitcoin Depot

Bitcoin Depot, Inc operates one of the largest networks of self-service cryptocurrency kiosks in North America, enabling customers to buy and sell Bitcoin and other digital assets using cash or debit cards. Through a partnership model with convenience stores, gas stations and retail outlets, the company provides an accessible on-ramp and off-ramp for individuals entering the cryptocurrency market without requiring a bank account or extensive technical knowledge. Transactions are completed in real time at the point of sale, with verification and receipt provided via email or mobile phone.

Founded in 2016 and headquartered in Atlanta, Georgia, Bitcoin Depot began as a privately held startup focused on expanding retail access to digital currencies.