Bitcoin Depot Inc. (NASDAQ:BTM) Receives $28.23 Consensus Target Price from Analysts

Shares of Bitcoin Depot Inc. (NASDAQ:BTM) have been given a consensus recommendation of “Hold” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $28.2333.

Several analysts have commented on BTM shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bitcoin Depot in a research report on Wednesday, January 21st. Wall Street Zen lowered Bitcoin Depot from a “buy” rating to a “strong sell” rating in a research report on Saturday. B. Riley Financial lifted their price objective on Bitcoin Depot to $4.20 and gave the stock a “neutral” rating in a research note on Tuesday. Finally, Noble Financial reiterated an “outperform” rating on shares of Bitcoin Depot in a report on Tuesday.

Institutional Trading of Bitcoin Depot

Institutional investors and hedge funds have recently modified their holdings of the stock. Owl Creek Asset Management L.P. bought a new position in Bitcoin Depot during the 4th quarter worth approximately $1,935,000. Sabby Management LLC acquired a new position in Bitcoin Depot during the fourth quarter valued at approximately $1,292,000. Marshall Wace LLP bought a new stake in Bitcoin Depot in the second quarter valued at approximately $4,097,000. Vanguard Group Inc. raised its holdings in Bitcoin Depot by 54.9% in the third quarter. Vanguard Group Inc. now owns 951,318 shares of the company’s stock worth $3,196,000 after purchasing an additional 337,070 shares during the period. Finally, Welch Capital Partners LLC NY raised its holdings in Bitcoin Depot by 33.0% in the second quarter. Welch Capital Partners LLC NY now owns 1,285,190 shares of the company’s stock worth $6,516,000 after purchasing an additional 318,940 shares during the period. 9.18% of the stock is owned by institutional investors.

Bitcoin Depot Stock Down 3.1%

Shares of NASDAQ:BTM opened at $3.14 on Wednesday. The company has a debt-to-equity ratio of 4.72, a current ratio of 1.26 and a quick ratio of 1.88. The stock has a market cap of $32.69 million, a price-to-earnings ratio of 1.65 and a beta of 0.96. The company has a 50 day moving average of $6.29 and a 200-day moving average of $13.34. Bitcoin Depot has a one year low of $3.07 and a one year high of $48.16.

Bitcoin Depot (NASDAQ:BTM) last announced its quarterly earnings data on Monday, March 16th. The company reported ($1.18) earnings per share for the quarter, missing the consensus estimate 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 analyst estimates of $113.93 million.

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.

Bitcoin Depot Company Profile

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.