B. Riley Predicts Bitcoin Depot’s Q3 Earnings (NASDAQ:BTM)

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities research analysts at B. Riley cut their Q3 2025 earnings per share estimates for shares of Bitcoin Depot in a report released on Tuesday, August 12th. B. Riley analyst H. Goetsch now anticipates that the company will earn $0.10 per share for the quarter, down from their prior estimate of $0.11. B. Riley has a “Buy” rating and a $5.50 price target on the stock.

Bitcoin Depot (NASDAQ:BTM) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). Bitcoin Depot had a negative return on equity of 44.12% and a net margin of 0.44%. The firm had revenue of $172.11 million for the quarter, compared to analyst estimates of $168.00 million.

Several other analysts also recently commented on BTM. Northland Securities raised Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 price objective for the company in a research note on Friday, May 16th. Noble Financial reissued an “outperform” rating on shares of Bitcoin Depot in a research note on Friday, June 13th. Wall Street Zen raised Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 22nd. Northland Capmk raised Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 16th. Finally, HC Wainwright increased their price objective on Bitcoin Depot from $5.00 to $6.50 and gave the stock a “buy” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, Bitcoin Depot presently has a consensus rating of “Buy” and a consensus target price of $5.67.

Bitcoin Depot Stock Down 1.0%

BTM stock opened at $4.07 on Thursday. The company has a market cap of $261.75 million, a P/E ratio of 40.70 and a beta of 0.86. Bitcoin Depot has a fifty-two week low of $0.93 and a fifty-two week high of $6.88. The stock’s 50 day simple moving average is $5.38 and its 200 day simple moving average is $3.02. The company has a debt-to-equity ratio of 12.34, a quick ratio of 1.09 and a current ratio of 1.41.

Institutional Trading of Bitcoin Depot

A number of institutional investors and hedge funds have recently modified their holdings of the business. Man Group plc purchased a new stake in shares of Bitcoin Depot during the second quarter valued at approximately $84,000. Lazard Asset Management LLC bought a new position in shares of Bitcoin Depot in the second quarter worth $1,149,000. Bank of America Corp DE boosted its holdings in shares of Bitcoin Depot by 11,320.0% in the second quarter. Bank of America Corp DE now owns 9,707 shares of the company’s stock worth $49,000 after acquiring an additional 9,622 shares during the period. Welch Capital Partners LLC NY raised its position in shares of Bitcoin Depot by 33.0% in the second quarter. Welch Capital Partners LLC NY now owns 1,285,190 shares of the company’s stock worth $6,516,000 after buying an additional 318,940 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Bitcoin Depot in the second quarter worth $74,000. 9.18% of the stock is owned by hedge funds and other institutional investors.

Bitcoin Depot Company Profile

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.