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

Bitcoin Depot Inc. (NASDAQ:BTM) – Investment analysts at B. Riley upped their Q3 2025 EPS estimates for Bitcoin Depot in a research report issued to clients and investors on Thursday, October 2nd. B. Riley analyst H. Goetsch now forecasts that the company will earn $0.14 per share for the quarter, up from their previous forecast of $0.10. B. Riley currently has a “Buy” rating and a $6.00 price objective 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.01). The business had revenue of $172.11 million during the quarter, compared to the consensus estimate of $168.00 million. Bitcoin Depot had a negative return on equity of 44.12% and a net margin of 0.44%.

Other equities research analysts have also issued research reports about the stock. Zacks Research lowered shares of Bitcoin Depot from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a report on Saturday, September 27th. HC Wainwright upped their target price on shares of Bitcoin Depot from $5.00 to $6.50 and gave the stock a “buy” rating in a report on Wednesday, August 13th. Finally, Noble Financial reaffirmed an “outperform” rating on shares of Bitcoin Depot in a report on Friday, June 13th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Bitcoin Depot has a consensus rating of “Moderate Buy” and a consensus target price of $5.83.

Bitcoin Depot Stock Performance

Shares of BTM opened at $3.52 on Monday. Bitcoin Depot has a one year low of $0.93 and a one year high of $6.88. The company has a 50-day moving average of $3.99 and a two-hundred day moving average of $3.65. The stock has a market cap of $239.64 million, a price-to-earnings ratio of 35.20 and a beta of 0.81. The company has a debt-to-equity ratio of 12.34, a current ratio of 1.41 and a quick ratio of 1.41.

Insider Transactions at Bitcoin Depot

In other news, COO Christopher Scott Buchanan sold 22,000 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The stock was sold at an average price of $4.21, for a total transaction of $92,620.00. Following the completion of the sale, the chief operating officer owned 147,276 shares in the company, valued at $620,031.96. The trade was a 13.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold 36,000 shares of company stock valued at $144,000 over the last quarter. 70.23% of the stock is currently owned by insiders.

Institutional Trading of Bitcoin Depot

Several institutional investors and hedge funds have recently modified their holdings of BTM. Bank of America Corp DE grew its position in Bitcoin Depot by 11,320.0% during the 2nd 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 last quarter. Cetera Investment Advisers purchased a new position in shares of Bitcoin Depot in the 2nd quarter valued at approximately $51,000. Qube Research & Technologies Ltd purchased a new position in shares of Bitcoin Depot in the 2nd quarter valued at approximately $74,000. Truist Financial Corp bought a new stake in Bitcoin Depot in the second quarter worth $71,000. Finally, Man Group plc bought a new stake in Bitcoin Depot in the second quarter worth $84,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.

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.