Bitcoin Depot (NASDAQ:BTM) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Bitcoin Depot (NASDAQ:BTM) posted its quarterly earnings data on Thursday. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.04, FiscalAI reports. Bitcoin Depot had a net margin of 0.44% and a negative return on equity of 44.12%. The company had revenue of $162.48 million during the quarter, compared to analyst estimates of $153.11 million. Bitcoin Depot updated its Q4 2025 guidance to EPS.

Bitcoin Depot Stock Performance

NASDAQ:BTM traded down $0.42 during midday trading on Thursday, reaching $2.10. The stock had a trading volume of 3,233,497 shares, compared to its average volume of 1,127,135. Bitcoin Depot has a 1-year low of $0.93 and a 1-year high of $6.88. The firm’s fifty day simple moving average is $3.23 and its 200-day simple moving average is $3.92. The company has a debt-to-equity ratio of 12.34, a current ratio of 1.41 and a quick ratio of 1.41. The stock has a market capitalization of $142.63 million, a P/E ratio of 20.85 and a beta of 0.79.

Insider Transactions at Bitcoin Depot

In other news, COO Christopher Scott Buchanan sold 7,000 shares of the firm’s stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $3.82, for a total value of $26,740.00. Following the sale, the chief operating officer directly owned 133,276 shares of the company’s stock, valued at approximately $509,114.32. This trade represents a 4.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold 21,000 shares of company stock worth $70,280 in the last three months. 70.23% of the stock is owned by corporate insiders.

Institutional Trading of Bitcoin Depot

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Welch Capital Partners LLC NY lifted its holdings in shares of Bitcoin Depot by 33.0% during the second quarter. Welch Capital Partners LLC NY now owns 1,285,190 shares of the company’s stock worth $6,516,000 after buying an additional 318,940 shares during the last quarter. Vanguard Group Inc. increased 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 acquiring an additional 337,070 shares during the period. Marshall Wace LLP acquired a new position in Bitcoin Depot during the 2nd quarter valued at $4,097,000. Lazard Asset Management LLC acquired a new stake in Bitcoin Depot in the 2nd quarter worth $1,149,000. Finally, Geode Capital Management LLC increased its holdings in shares of Bitcoin Depot by 35.9% during the 2nd 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. Institutional investors and hedge funds own 9.18% of the company’s stock.

Wall Street Analyst Weigh In

BTM has been the subject of a number of research analyst reports. HC Wainwright increased their target price on shares of Bitcoin Depot from $5.00 to $6.50 and gave the stock a “buy” rating in a research report on Wednesday, August 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a research note on Wednesday, October 8th. B. Riley increased their price objective on Bitcoin Depot from $5.50 to $6.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. Finally, Zacks Research cut shares of Bitcoin Depot from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5.83.

About Bitcoin Depot

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.