Noble Financial Forecasts Weaker Earnings for Bitcoin Depot

Bitcoin Depot Inc. (NASDAQ:BTM) – Research analysts at Noble Financial dropped their Q3 2025 earnings estimates for shares of Bitcoin Depot in a research report issued on Wednesday, August 13th. Noble Financial analyst P. Mccann now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.06. Noble Financial currently has a “Outperform” rating on the stock. Noble Financial also issued estimates for Bitcoin Depot’s FY2025 earnings at $0.44 EPS and FY2026 earnings at $0.60 EPS.

BTM has been the subject of several other research reports. Wall Street Zen upgraded shares of Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 22nd. Northland Capmk raised shares of Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 16th. HC Wainwright increased their price objective on shares of Bitcoin Depot from $5.00 to $6.50 and gave the company a “buy” rating in a report on Wednesday. Northland Securities upgraded shares of Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 price objective for the company in a report on Friday, May 16th. Finally, B. Riley increased their price objective on shares of Bitcoin Depot from $4.70 to $5.50 and gave the company a “buy” rating in a report on Friday, May 16th. Four investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $5.67.

Bitcoin Depot Price Performance

NASDAQ BTM opened at $4.11 on Thursday. Bitcoin Depot has a 52 week low of $0.93 and a 52 week high of $6.88. The company has a current ratio of 1.41, a quick ratio of 1.09 and a debt-to-equity ratio of 12.34. The stock has a market cap of $264.31 million, a price-to-earnings ratio of 41.10 and a beta of 0.86. The company has a 50-day moving average price of $5.40 and a two-hundred day moving average price of $3.01.

Bitcoin Depot (NASDAQ:BTM) last announced its quarterly earnings data on Tuesday, August 12th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Bitcoin Depot had a net margin of 0.44% and a negative return on equity of 44.12%. The business had revenue of $172.11 million for the quarter, compared to the consensus estimate of $168.00 million.

Institutional Investors Weigh In On Bitcoin Depot

Hedge funds have recently made changes to their positions in the company. Cetera Investment Advisers purchased a new stake in shares of Bitcoin Depot in the 2nd quarter valued at approximately $51,000. Qube Research & Technologies Ltd purchased a new stake in shares of Bitcoin Depot in the 2nd quarter valued at approximately $74,000. Truist Financial Corp purchased a new stake in shares of Bitcoin Depot in the 2nd quarter valued at approximately $71,000. Blue Owl Capital Holdings LP lifted its position in shares of Bitcoin Depot by 480.0% in the 4th quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company’s stock valued at $29,000 after acquiring an additional 15,000 shares in the last quarter. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of Bitcoin Depot in the 2nd quarter valued at approximately $156,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.

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.