Bitcoin Depot Inc. to Post Q1 2025 Earnings of ($0.03) Per Share, HC Wainwright Forecasts (NASDAQ:BTM)

Bitcoin Depot Inc. (NASDAQ:BTMFree Report) – Equities research analysts at HC Wainwright issued their Q1 2025 EPS estimates for shares of Bitcoin Depot in a research note issued to investors on Tuesday, March 26th. HC Wainwright analyst M. Colonnese expects that the company will post earnings of ($0.03) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $4.00 target price on the stock. The consensus estimate for Bitcoin Depot’s current full-year earnings is ($0.69) per share. HC Wainwright also issued estimates for Bitcoin Depot’s Q2 2025 earnings at $0.03 EPS, Q3 2025 earnings at $0.11 EPS and Q4 2025 earnings at $0.08 EPS.

Several other brokerages also recently commented on BTM. B. Riley lowered their target price on shares of Bitcoin Depot from $6.00 to $4.00 and set a “buy” rating for the company in a research note on Tuesday. Northland Securities began coverage on shares of Bitcoin Depot in a research report on Wednesday, December 20th. They set a “market perform” rating and a $3.50 price objective for the company.

Get Our Latest Stock Analysis on Bitcoin Depot

Bitcoin Depot Stock Down 0.8 %

NASDAQ:BTM opened at $1.90 on Wednesday. Bitcoin Depot has a 12 month low of $1.88 and a 12 month high of $11.15. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.72 and a current ratio of 0.72. The company’s 50-day moving average price is $2.35 and its two-hundred day moving average price is $2.47.

Institutional Trading of Bitcoin Depot

A number of large investors have recently added to or reduced their stakes in the company. Exchange Traded Concepts LLC acquired a new stake in shares of Bitcoin Depot during the 3rd quarter worth about $703,000. Cowen AND Company LLC bought a new position in Bitcoin Depot during the third quarter worth about $35,000. Meteora Capital LLC bought a new position in Bitcoin Depot during the third quarter worth about $902,000. Saba Capital Management L.P. bought a new position in Bitcoin Depot during the third quarter worth about $305,000. Finally, AWM Investment Company Inc. bought a new position in Bitcoin Depot during the third quarter worth about $2,464,000. Institutional investors and hedge funds own 9.18% of the company’s stock.

Insider Activity at Bitcoin Depot

In other Bitcoin Depot news, COO Christopher Scott Buchanan sold 14,512 shares of the stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of $2.48, for a total value of $35,989.76. Following the completion of the sale, the chief operating officer now owns 338,741 shares in the company, valued at $840,077.68. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 20.09% of the stock is owned by insiders.

Bitcoin Depot Company Profile

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Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade.

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Earnings History and Estimates for Bitcoin Depot (NASDAQ:BTM)

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