Bitcoin Depot (NASDAQ:BTM – Get Free Report) had its target price boosted by research analysts at B. Riley Financial from $2.30 to $4.20 in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. B. Riley Financial’s price target suggests a potential upside of 2.31% from the company’s previous close.
Several other analysts also recently weighed in on BTM. Weiss Ratings restated a “sell (d+)” rating on shares of Bitcoin Depot in a report on Wednesday, January 21st. Noble Financial reiterated an “outperform” rating on shares of Bitcoin Depot in a report on Tuesday. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $28.23.
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Bitcoin Depot Stock Up 1.9%
Institutional Investors Weigh In On Bitcoin Depot
Large investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd purchased a new position in shares of Bitcoin Depot in the fourth quarter worth about $45,000. Aristides Capital LLC purchased a new stake in Bitcoin Depot during the 4th quarter valued at about $137,000. Invesco Ltd. grew its stake in Bitcoin Depot by 125.0% during the 4th quarter. Invesco Ltd. now owns 177,046 shares of the company’s stock valued at $228,000 after acquiring an additional 98,372 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in Bitcoin Depot in the 4th quarter valued at about $210,000. Finally, Owl Creek Asset Management L.P. acquired a new stake in Bitcoin Depot in the 4th quarter valued at about $1,935,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.
Key Headlines Impacting Bitcoin Depot
Here are the key news stories impacting Bitcoin Depot this week:
- Positive Sentiment: FY‑2025 operational improvements: revenue grew ~7% to $614.9M while gross profit rose ~30% and adjusted EBITDA increased ~42%, showing stronger unit economics and margin recovery. Read More.
- Positive Sentiment: Management is pushing diversification into fintech products (beyond Bitcoin ATMs), which could offset ATM demand weakness and create higher‑margin revenue streams over time. Read More.
- Neutral Sentiment: Company filed its earnings slides and host transcript; investors gained detail on drivers, costs and remediation efforts discussed on the call. Use these to judge execution on remediation and fintech rollouts. Read More.
- Negative Sentiment: Sharp 2026 outlook cut: management outlined a 30%–40% expected revenue decline next year (some coverage reports a ~40% core revenue drop), driven by regulatory headwinds and reduced ATM activity — this is the primary near‑term negative catalyst. Read More.
- Negative Sentiment: Q4 earnings missed expectations: the company reported a sizable per‑share loss for the quarter that missed consensus (reports cite material EPS misses despite revenues roughly in line with estimates), increasing near‑term uncertainty. Read More. Read More.
- Negative Sentiment: Market reaction and technicals: coverage notes the stock hit record lows on the news; the company still trades well below its 50‑ and 200‑day moving averages and carries leverage, which raises risk if earnings and cash flow weaken. Read More.
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.
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