What is B. Riley’s Forecast for Bitcoin Depot Q2 Earnings?

Bitcoin Depot Inc. (NASDAQ:BTM) – Research analysts at B. Riley raised their Q2 2025 earnings per share estimates for shares of Bitcoin Depot in a research report issued on Friday, May 16th. B. Riley analyst H. Goetsch now expects that the company will earn $0.13 per share for the quarter, up from their previous estimate of $0.12. B. Riley has a “Buy” rating and a $5.50 price objective on the stock. B. Riley also issued estimates for Bitcoin Depot’s FY2025 earnings at $0.52 EPS.

Bitcoin Depot (NASDAQ:BTM) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.11. The business had revenue of $164.23 million for the quarter, compared to analyst estimates of $151.67 million. Bitcoin Depot had a negative return on equity of 488.33% and a negative net margin of 2.28%.

A number of other research firms have also commented on BTM. HC Wainwright reaffirmed a “buy” rating and set a $4.00 target price on shares of Bitcoin Depot in a report on Tuesday, March 18th. Northland Securities raised Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 price target on the stock in a research note on Friday, May 16th. Finally, Northland Capmk raised Bitcoin Depot from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 16th. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Bitcoin Depot currently has an average rating of “Buy” and an average target price of $4.83.

Bitcoin Depot Stock Down 2.0%

Shares of NASDAQ BTM opened at $2.94 on Monday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 9.33. The firm has a market capitalization of $187.98 million, a PE ratio of -3.16 and a beta of -0.27. The firm’s 50-day moving average is $1.52 and its 200-day moving average is $1.60. Bitcoin Depot has a 1 year low of $0.93 and a 1 year high of $3.52.

Institutional Investors Weigh In On Bitcoin Depot

Several large investors have recently modified their holdings of the business. Blue Owl Capital Holdings LP lifted its holdings in shares of Bitcoin Depot by 480.0% during the 4th quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company’s stock valued at $29,000 after purchasing an additional 15,000 shares in the last quarter. Verdence Capital Advisors LLC acquired a new stake in Bitcoin Depot during the 1st quarter worth approximately $73,000. Renaissance Technologies LLC boosted its holdings in shares of Bitcoin Depot by 96.4% in the fourth quarter. Renaissance Technologies LLC now owns 146,100 shares of the company’s stock valued at $237,000 after buying an additional 71,700 shares during the period. Two Sigma Advisers LP acquired a new position in shares of Bitcoin Depot in the fourth quarter valued at approximately $267,000. Finally, Two Sigma Investments LP bought a new stake in shares of Bitcoin Depot during the fourth quarter worth $427,000. 9.18% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Bitcoin Depot news, COO Christopher Scott Buchanan sold 20,476 shares of Bitcoin Depot stock in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $1.33, for a total transaction of $27,233.08. Following the transaction, the chief operating officer now directly owns 169,276 shares in the company, valued at approximately $225,137.08. The trade was a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 70.23% of the stock is owned by insiders.

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.