Brokers Issue Forecasts for Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities researchers at HC Wainwright issued their Q1 2026 earnings per share estimates for shares of Bitcoin Depot in a note issued to investors on Wednesday, March 25th. HC Wainwright analyst M. Colonnese expects that the company will post earnings per share of ($0.42) for the quarter. HC Wainwright has a “Buy” rating and a $4.00 price target on the stock. HC Wainwright also issued estimates for Bitcoin Depot’s Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at ($0.54) EPS, Q4 2026 earnings at ($0.62) EPS and FY2026 earnings at ($1.86) EPS.

BTM has been the subject of several other research reports. Wall Street Zen cut shares of Bitcoin Depot from a “buy” rating to a “strong sell” rating in a research report on Saturday, March 21st. Noble Financial restated an “outperform” rating on shares of Bitcoin Depot in a research report on Tuesday, March 17th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a research note on Wednesday, January 21st. Finally, B. Riley Financial increased their target price on shares of Bitcoin Depot to $4.20 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Bitcoin Depot presently has a consensus rating of “Hold” and a consensus price target of $14.40.

Bitcoin Depot Stock Down 18.2%

Shares of Bitcoin Depot stock opened at $2.02 on Friday. 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 52-week low of $2.00 and a 52-week high of $48.16. The company’s 50 day moving average price is $5.60 and its 200-day moving average price is $12.57. The stock has a market capitalization of $21.03 million, a price-to-earnings ratio of 1.06 and a beta of 0.96.

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its position in shares of Bitcoin Depot by 35.9% in the 2nd quarter. Geode Capital Management LLC now owns 171,606 shares of the company’s stock worth $870,000 after purchasing an additional 45,300 shares during the period. Cetera Investment Advisers purchased a new position in shares of Bitcoin Depot during the second quarter valued at about $51,000. JPMorgan Chase & Co. raised its stake in Bitcoin Depot by 591,055.6% in the second quarter. JPMorgan Chase & Co. now owns 159,612 shares of the company’s stock worth $809,000 after buying an additional 159,585 shares in the last quarter. XTX Topco Ltd purchased a new stake in Bitcoin Depot in the second quarter worth about $288,000. Finally, OMERS ADMINISTRATION Corp purchased a new stake in Bitcoin Depot in the second quarter worth about $156,000. 9.18% of the stock is currently owned by institutional investors.

About Bitcoin Depot

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.