Noble Financial Comments on Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities research analysts at Noble Financial issued their Q1 2026 EPS estimates for shares of Bitcoin Depot in a note issued to investors on Tuesday, March 17th. Noble Financial analyst P. Mccann forecasts that the company will earn ($0.68) per share for the quarter. Noble Financial has a “Outperform” rating on the stock. 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 and FY2026 earnings at ($1.92) EPS.

Bitcoin Depot (NASDAQ:BTM) last announced its earnings results on Monday, March 16th. The company reported ($1.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.47) by ($0.71). Bitcoin Depot had a negative net margin of 0.94% and a negative return on equity of 81.99%. The company had revenue of $116.04 million for the quarter, compared to the consensus estimate of $113.93 million.

Several other research firms have also recently weighed in on BTM. B. Riley Financial lifted their price objective on Bitcoin Depot to $4.20 and gave the company a “neutral” rating in a research report on Tuesday. Weiss Ratings reissued a “sell (d+)” rating on shares of Bitcoin Depot in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $28.23.

Bitcoin Depot Price Performance

BTM stock opened at $3.24 on Thursday. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.88 and a quick ratio of 1.88. Bitcoin Depot has a 1 year low of $3.16 and a 1 year high of $48.16. The firm has a 50-day moving average of $6.41 and a 200 day moving average of $13.50. The company has a market cap of $33.73 million, a P/E ratio of 1.71 and a beta of 0.96.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Owl Creek Asset Management L.P. bought a new stake in Bitcoin Depot during the fourth quarter worth about $1,935,000. Sabby Management LLC bought a new position in shares of Bitcoin Depot during the fourth quarter valued at approximately $1,292,000. Marshall Wace LLP purchased a new position in shares of Bitcoin Depot during the second quarter valued at approximately $4,097,000. Vanguard Group Inc. lifted its holdings in shares of Bitcoin Depot by 54.9% during the third quarter. Vanguard Group Inc. now owns 951,318 shares of the company’s stock valued at $3,196,000 after purchasing an additional 337,070 shares during the last quarter. Finally, Welch Capital Partners LLC NY boosted its position in shares of Bitcoin Depot by 33.0% in the 2nd quarter. Welch Capital Partners LLC NY now owns 1,285,190 shares of the company’s stock worth $6,516,000 after purchasing an additional 318,940 shares in the last quarter. 9.18% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Bitcoin Depot

Here are the key news stories impacting Bitcoin Depot this week:

• Positive Sentiment: B. Riley published a note saying BTM’s stock price is expected to rise, providing upside-focused analyst commentary that can support buying interest. B. Riley Article
• Neutral Sentiment: Short-interest reports show effectively zero reported shorts (entries report 0 shares and a 0.0‑day short-interest ratio), which is noisy/ambiguous data and unlikely to be a material driver of price movement by itself.
• Neutral Sentiment: Analysts’ consensus stance remains mixed-to-cautious — a recent roundup notes an average “Hold” among analysts, reflecting no clear market consensus. Analyst Rating Article
• Neutral Sentiment: Earnings call highlights were published (useful for context on management’s tone and guidance), but the takeaways are mixed and supplement rather than reverse today’s downward pressure. Earnings Call Highlights
• Negative Sentiment: Noble Financial cut FY2026 EPS sharply to ($1.92) from its prior $1.40 forecast and issued lower quarterly EPS estimates (Q1–Q4 2026 all expected negative), and also expects FY2027 EPS of ($1.43). Even though Noble keeps an “Outperform” rating, the deeper loss forecasts increase downside risk and weigh on the stock. Noble Financial Estimates
• Negative Sentiment: Recent Q4 results showed a large EPS miss (reported EPS roughly -$1.18 vs. consensus about -$0.47) despite a revenue beat, indicating margin pressure and contributing to negative market reaction. Q4 Results

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.