Noble Financial Estimates Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities researchers at Noble Financial issued their Q1 2026 earnings per share estimates for Bitcoin Depot in a research report issued on Wednesday, May 13th. Noble Financial analyst M. Kupinski forecasts that the company will earn ($0.68) per share for the quarter. Noble Financial has a “Market Perform” rating on the stock. The consensus estimate for Bitcoin Depot’s current full-year earnings is ($2.22) per share. Noble Financial also issued estimates for Bitcoin Depot’s Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at ($0.36) EPS, Q4 2026 earnings at ($0.60) EPS, FY2026 earnings at ($1.92) EPS and FY2027 earnings at ($1.43) EPS.

A number of other analysts have also recently commented on BTM. Weiss Ratings reiterated a “sell (d+)” rating on shares of Bitcoin Depot in a research report on Wednesday, January 21st. HC Wainwright upped their price objective on Bitcoin Depot from $3.50 to $4.00 and gave the company a “buy” rating in a research report on Wednesday, March 25th. Wall Street Zen lowered Bitcoin Depot from a “sell” rating to a “strong sell” rating in a report on Sunday, April 19th. Finally, B. Riley Financial boosted their price target on Bitcoin Depot to $4.20 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bitcoin Depot presently has a consensus rating of “Hold” and a consensus target price of $14.40.

Bitcoin Depot Stock Up 6.1%

Bitcoin Depot stock opened at $2.78 on Friday. The stock has a market cap of $30.94 million, a PE ratio of 1.46 and a beta of 3.12. The company has a debt-to-equity ratio of 4.72, a quick ratio of 1.26 and a current ratio of 1.26. Bitcoin Depot has a one year low of $1.90 and a one year high of $48.16. The stock has a fifty day moving average of $4.26 and a 200 day moving average of $8.02.

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

Hedge Funds Weigh In On Bitcoin Depot

A number of hedge funds have recently made changes to their positions in BTM. Kestra Private Wealth Services LLC bought a new position in shares of Bitcoin Depot in the third quarter worth about $36,000. Caitong International Asset Management Co. Ltd bought a new position in Bitcoin Depot during the fourth quarter valued at approximately $45,000. Bank of America Corp DE boosted its stake in Bitcoin Depot by 11,320.0% during the second quarter. Bank of America Corp DE now owns 9,707 shares of the company’s stock valued at $49,000 after buying an additional 9,622 shares during the last quarter. Cetera Investment Advisers bought a new position in Bitcoin Depot during the second quarter valued at approximately $51,000. Finally, Engineers Gate Manager LP boosted its stake in Bitcoin Depot by 229.5% during the fourth quarter. Engineers Gate Manager LP now owns 47,543 shares of the company’s stock valued at $61,000 after buying an additional 33,112 shares during the last quarter. Institutional investors own 9.18% of the company’s stock.

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.