Northland Capmk Predicts Weaker Earnings for Bitcoin Depot

Bitcoin Depot Inc. (NASDAQ:BTM) – Research analysts at Northland Capmk decreased their Q3 2025 earnings per share estimates for Bitcoin Depot in a research report issued on Tuesday, August 12th. Northland Capmk analyst M. Grondahl now anticipates that the company will earn $0.04 per share for the quarter, down from their prior estimate of $0.07. Northland Capmk currently has a “Strong-Buy” rating on the stock. Northland Capmk also issued estimates for Bitcoin Depot’s FY2025 earnings at $0.33 EPS, Q1 2026 earnings at $0.13 EPS, Q2 2026 earnings at $0.14 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.42 EPS.

A number of other equities analysts also recently commented on BTM. Noble Financial reiterated an “outperform” rating on shares of Bitcoin Depot in a research note on Friday, June 13th. Wall Street Zen upgraded shares of Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 22nd. Northland Securities upgraded shares of Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 target price for the company in a research note on Friday, May 16th. HC Wainwright upped their price objective on shares of Bitcoin Depot from $5.00 to $6.50 and gave the company a “buy” rating in a research note on Wednesday. Finally, B. Riley upped their price objective on shares of Bitcoin Depot from $4.70 to $5.50 and gave the company a “buy” rating in a research note on Friday, May 16th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $5.67.

Bitcoin Depot Stock Performance

Shares of BTM stock opened at $4.11 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.09 and a debt-to-equity ratio of 12.34. The firm has a fifty day moving average price of $5.40 and a 200 day moving average price of $3.01. The company has a market cap of $264.31 million, a P/E ratio of 41.10 and a beta of 0.86. Bitcoin Depot has a 12 month low of $0.93 and a 12 month high of $6.88.

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

Institutional Investors Weigh In On Bitcoin Depot

A number of hedge funds have recently added to or reduced their stakes in BTM. Two Sigma Investments LP acquired a new stake in shares of Bitcoin Depot during the 4th quarter valued at approximately $427,000. Two Sigma Advisers LP acquired a new stake in shares of Bitcoin Depot during the 4th quarter valued at approximately $267,000. Welch Capital Partners LLC NY lifted its position in shares of Bitcoin Depot by 85.1% during the 1st quarter. Welch Capital Partners LLC NY now owns 966,250 shares of the company’s stock valued at $1,459,000 after acquiring an additional 444,177 shares during the period. Verdence Capital Advisors LLC acquired a new stake in shares of Bitcoin Depot during the 1st quarter valued at approximately $73,000. Finally, Renaissance Technologies LLC lifted its position in shares of Bitcoin Depot by 96.4% during the 4th quarter. Renaissance Technologies LLC now owns 146,100 shares of the company’s stock valued at $237,000 after acquiring an additional 71,700 shares during the period. Institutional investors and hedge funds own 9.18% of the company’s stock.

About Bitcoin Depot

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.