Northland Capmk Forecasts Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities research analysts at Northland Capmk issued their Q1 2026 earnings per share estimates for Bitcoin Depot in a report released on Monday, June 2nd. Northland Capmk analyst M. Grondahl anticipates that the company will earn $0.15 per share for the quarter. Northland Capmk has a “Strong-Buy” rating on the stock. Northland Capmk also issued estimates for Bitcoin Depot’s Q2 2026 earnings at $0.16 EPS, Q3 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.08 EPS and FY2026 earnings at $0.50 EPS.

Bitcoin Depot (NASDAQ:BTM) last announced its quarterly earnings results on Thursday, May 15th. The company reported $0.20 EPS for the quarter, beating the consensus estimate 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%. The company had revenue of $164.23 million for the quarter, compared to the consensus estimate of $151.67 million.

Other equities analysts also recently issued research reports about the company. Wall Street Zen upgraded Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 22nd. B. Riley increased their price objective on Bitcoin Depot from $4.70 to $5.50 and gave the company a “buy” rating in a research report on Friday, May 16th. Northland Securities raised Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 price objective for the company in a research report on Friday, May 16th. Finally, HC Wainwright reissued a “buy” rating and issued a $4.00 price objective on shares of Bitcoin Depot in a research report on Tuesday, March 18th. Three equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Strong Buy” and an average target price of $4.83.

Bitcoin Depot Trading Up 10.0%

Shares of BTM stock opened at $4.60 on Tuesday. Bitcoin Depot has a 12 month low of $0.93 and a 12 month high of $4.79. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 9.33. The business’s 50 day moving average is $1.97 and its two-hundred day moving average is $1.72. The company has a market cap of $295.84 million, a PE ratio of -4.95 and a beta of -0.27.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Welch Capital Partners LLC NY raised its stake in Bitcoin Depot by 85.1% during the first quarter. Welch Capital Partners LLC NY now owns 966,250 shares of the company’s stock worth $1,459,000 after acquiring an additional 444,177 shares in the last quarter. Verdence Capital Advisors LLC acquired a new position in Bitcoin Depot during the first quarter worth $73,000. Two Sigma Advisers LP acquired a new position in Bitcoin Depot during the fourth quarter worth $267,000. Two Sigma Investments LP acquired a new position in Bitcoin Depot during the fourth quarter worth $427,000. Finally, Blue Owl Capital Holdings LP raised its stake in Bitcoin Depot by 480.0% during the fourth quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company’s stock worth $29,000 after acquiring an additional 15,000 shares in the last quarter. 9.18% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, COO Christopher Scott Buchanan sold 20,476 shares of the firm’s stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $1.33, for a total value of $27,233.08. Following the completion of the transaction, the chief operating officer now directly owns 169,276 shares of the company’s stock, valued at $225,137.08. This trade represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 70.23% of the stock is owned by company insiders.

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.