Bitcoin Depot (NASDAQ:BTM) Stock Rating Upgraded by Northland Capmk

Bitcoin Depot (NASDAQ:BTM) was upgraded by analysts at Northland Capmk from a “hold” rating to a “strong-buy” rating in a report released on Friday,Zacks.com reports. Northland Capmk also issued estimates for Bitcoin Depot’s Q4 2025 earnings at $0.04 EPS.

A number of other brokerages have also commented on BTM. B. Riley upped their target price on Bitcoin Depot from $4.70 to $5.50 and gave the company a “buy” rating in a research report on Friday. HC Wainwright reissued a “buy” rating and issued a $4.00 price target on shares of Bitcoin Depot in a report on Tuesday, March 18th. Finally, Northland Securities raised Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 price target for the company in a report on Friday. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $4.83.

Bitcoin Depot Price Performance

Shares of NASDAQ BTM opened at $2.68 on Friday. The business’s 50 day moving average price is $1.45 and its 200 day moving average price is $1.58. The firm has a market cap of $171.36 million, a P/E ratio of -2.88 and a beta of -0.27. Bitcoin Depot has a 52 week low of $0.93 and a 52 week high of $3.52. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 9.33.

Bitcoin Depot (NASDAQ:BTM) last issued its earnings results on Thursday, May 15th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.11. Bitcoin Depot had a negative return on equity of 488.33% and a negative net margin of 2.28%.

Insider Buying and Selling at Bitcoin Depot

In other news, COO Christopher Scott Buchanan sold 29,524 shares of the company’s stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $1.44, for a total transaction of $42,514.56. Following the completion of the transaction, the chief operating officer now directly owns 189,752 shares of the company’s stock, valued at $273,242.88. This represents a 13.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 70.23% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Blue Owl Capital Holdings LP raised its stake in shares of Bitcoin Depot by 480.0% during the 4th quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company’s stock worth $29,000 after buying an additional 15,000 shares during the period. Verdence Capital Advisors LLC purchased a new stake in shares of Bitcoin Depot during the first quarter worth approximately $73,000. Renaissance Technologies LLC increased its position in shares of Bitcoin Depot by 96.4% during the fourth quarter. Renaissance Technologies LLC now owns 146,100 shares of the company’s stock worth $237,000 after purchasing an additional 71,700 shares in the last quarter. Radcliffe Capital Management L.P. increased its position in shares of Bitcoin Depot by 134.3% during the fourth quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company’s stock worth $463,000 after purchasing an additional 163,854 shares in the last quarter. Finally, Two Sigma Advisers LP purchased a new stake in shares of Bitcoin Depot during the fourth quarter worth approximately $267,000. 9.18% of the stock is owned by institutional investors and hedge funds.

Bitcoin Depot Company Profile

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.