B. Riley Financial Issues Positive Forecast for Bitcoin Depot (NASDAQ:BTM) Stock Price

Bitcoin Depot (NASDAQ:BTM) had its price objective increased by B. Riley Financial to $4.20 in a research report sent to investors on Tuesday,Benzinga reports. B. Riley Financial currently has a neutral rating on the stock.

A number of other analysts also recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a report on Wednesday, January 21st. Noble Financial restated an “outperform” rating on shares of Bitcoin Depot in a research note on Tuesday. Three equities research 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. Based on data from MarketBeat, Bitcoin Depot has a consensus rating of “Hold” and an average price target of $28.23.

Bitcoin Depot Price Performance

Bitcoin Depot stock opened at $4.06 on Tuesday. The stock’s 50 day moving average is $6.67 and its 200-day moving average is $13.64. The company has a market capitalization of $42.26 million, a price-to-earnings ratio of 2.14 and a beta of 0.96. Bitcoin Depot has a 12 month low of $3.75 and a 12 month high of $48.16. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 2.86.

Hedge Funds Weigh In On Bitcoin Depot

Institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC grew its position in shares of Bitcoin Depot by 12.4% during the 4th quarter. Renaissance Technologies LLC now owns 1,534,631 shares of the company’s stock worth $1,980,000 after buying an additional 168,900 shares during the period. Owl Creek Asset Management L.P. acquired a new position in shares of Bitcoin Depot during the 4th quarter valued at $1,935,000. Welch Capital Partners LLC NY boosted its position in shares of Bitcoin Depot by 14.3% during the 3rd quarter. Welch Capital Partners LLC NY now owns 1,469,313 shares of the company’s stock worth $4,937,000 after purchasing an additional 184,123 shares in the last quarter. Sabby Management LLC bought a new position in shares of Bitcoin Depot during the 4th quarter worth about $1,292,000. Finally, Vanguard Group Inc. increased 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 acquiring an additional 337,070 shares in the last quarter. 9.18% of the stock is currently owned by institutional investors.

Bitcoin Depot News Summary

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

• Positive Sentiment: Company reported solid full‑year 2025 operating results — revenue up 7% to $614.9M, gross profit up ~30% and adjusted EBITDA up ~42%, showing operating leverage despite challenges. GlobeNewswire
• Positive Sentiment: Q4 revenue modestly beat consensus — reported ~$116.0M vs. ~$113.9M expected, indicating demand held up better than feared in the quarter. Zacks
• Neutral Sentiment: B. Riley raised its price target to $4.20 but kept a “neutral” rating — a modest endorsement that implies limited near‑term upside from current levels. Benzinga
• Neutral Sentiment: Short interest data shows zero shares reported for mid‑March; this is likely a reporting anomaly or immaterial and does not indicate a short squeeze. (Internal short‑interest entry)
• Negative Sentiment: Large EPS miss in Q4 — company reported a substantial per‑share loss that missed estimates by a wide margin, raising near‑term profitability concerns despite the revenue beat. Press Release / Slide Deck
• Negative Sentiment: Management set weak 2026 expectations — guidance and commentary point to a 30%–40% revenue decline next year amid regulatory headwinds and a strategic pivot into broader fintech, which has driven the stock to multi‑year lows and is the primary driver of downward pressure. Seeking Alpha

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.