Noble Financial Weighs in on Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Analysts at Noble Financial issued their Q1 2025 EPS estimates for shares of Bitcoin Depot in a research report issued to clients and investors on Wednesday, March 19th. Noble Financial analyst P. Mccann forecasts that the company will post earnings of $0.09 per share for the quarter. Noble Financial also issued estimates for Bitcoin Depot’s Q2 2025 earnings at $0.10 EPS, Q3 2025 earnings at $0.06 EPS, Q4 2025 earnings at $0.03 EPS and FY2026 earnings at $0.33 EPS.

Other research analysts also recently issued research reports about the stock. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price objective on shares of Bitcoin Depot in a research note on Tuesday. B. Riley reaffirmed a “buy” rating and set a $4.70 price objective (up previously from $4.50) on shares of Bitcoin Depot in a research note on Wednesday.

Bitcoin Depot Stock Performance

Shares of BTM stock opened at $1.41 on Thursday. The firm has a 50-day moving average price of $1.44 and a 200 day moving average price of $1.61. Bitcoin Depot has a twelve month low of $0.93 and a twelve month high of $3.52. The company has a market capitalization of $85.15 million, a price-to-earnings ratio of -1.52 and a beta of 0.10. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 9.33.

Institutional Trading of Bitcoin Depot

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Walleye Capital LLC increased its position in Bitcoin Depot by 110.1% during the 3rd quarter. Walleye Capital LLC now owns 23,542 shares of the company’s stock worth $37,000 after purchasing an additional 12,337 shares in the last quarter. Blue Owl Capital Holdings LP boosted its holdings in Bitcoin Depot by 480.0% in the 4th quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company’s stock worth $29,000 after acquiring an additional 15,000 shares during the period. Renaissance Technologies LLC boosted its holdings in Bitcoin Depot by 96.4% in the 4th quarter. Renaissance Technologies LLC now owns 146,100 shares of the company’s stock worth $237,000 after acquiring an additional 71,700 shares during the period. Radcliffe Capital Management L.P. boosted its holdings in Bitcoin Depot by 134.3% in the 4th quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company’s stock worth $463,000 after acquiring an additional 163,854 shares during the period. Finally, Two Sigma Advisers LP purchased a new position in Bitcoin Depot in the 4th quarter worth approximately $267,000. Institutional investors and hedge funds 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.