Bitcoin Depot Inc. (NASDAQ:BTM) Receives Consensus Rating of “Hold” from Analysts

Shares of Bitcoin Depot Inc. (NASDAQ:BTM) have been given a consensus rating of “Hold” by the six brokerages that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $28.2333.

Several brokerages have recently issued reports on BTM. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a research note on Wednesday, January 21st. Noble Financial reissued an “outperform” rating on shares of Bitcoin Depot in a research note on Tuesday, March 17th. B. Riley Financial increased their price objective on shares of Bitcoin Depot to $4.20 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Finally, Wall Street Zen cut shares of Bitcoin Depot from a “buy” rating to a “strong sell” rating in a research note on Saturday.

Bitcoin Depot Trading Down 3.1%

BTM stock opened at $3.14 on Wednesday. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 4.72. Bitcoin Depot has a twelve month low of $3.07 and a twelve month high of $48.16. The company has a market cap of $32.69 million, a P/E ratio of 1.65 and a beta of 0.96. The business has a fifty day moving average of $6.29 and a 200-day moving average of $13.18.

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

Key Bitcoin Depot News

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

• Positive Sentiment: Broker support remains: Noble Financial keeps an “Outperform” rating and published updated multi‑quarter EPS estimates (showing where the firm expects the recovery). Noble Financial Estimates Bitcoin Depot FY2027 Earnings
• Positive Sentiment: B. Riley’s analyst note flagged upside and said the stock price is expected to rise — a near‑term bullish catalyst if investors focus on the analyst upgrade/optimism. Bitcoin Depot (NASDAQ:BTM) Stock Price Expected to Rise, B. Riley Financial Analyst Says
• Neutral Sentiment: Q4 earnings call highlights were published and contain management commentary investors will parse for guidance and cost actions; read for context but the headlines so far are mixed. Bitcoin Depot Q4 Earnings Call Highlights
• Neutral Sentiment: Reported short‑interest data looks internally inconsistent (reports cite a “significant increase” but show zero shares and NaN changes). That suggests the short‑interest figures are unreliable now and not a clear market driver.
• Negative Sentiment: Regulatory/filing risk: Bitcoin Depot delayed its annual Form 10‑K filing — a material event that typically raises investor concern about accounting, audit or disclosure issues and can pressure the stock. Bitcoin Depot Delays Annual 10-K Filing
• Negative Sentiment: Analyst downgrades to profit expectations: Noble Financial lowered FY‑2026 EPS substantially (from prior forecast to a deeper negative number), signaling weaker near‑term profitability than earlier expected — this reduces near‑term earnings visibility.

Institutional Investors Weigh In On Bitcoin Depot

Institutional investors have recently made changes to their positions in the stock. Owl Creek Asset Management L.P. bought a new stake in Bitcoin Depot in the fourth quarter valued at about $1,935,000. Sabby Management LLC acquired a new position in shares of Bitcoin Depot during the 4th quarter worth about $1,292,000. Marshall Wace LLP acquired a new position in shares of Bitcoin Depot during the 2nd quarter worth about $4,097,000. Vanguard Group Inc. increased its stake in shares of Bitcoin Depot by 54.9% in the 3rd 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 during the last quarter. Finally, Welch Capital Partners LLC NY increased its stake 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 valued at $6,516,000 after acquiring an additional 318,940 shares during the last quarter. 9.18% of the stock is owned by institutional investors and hedge funds.

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.