Noble Financial Weighs in on Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities research analysts at Noble Financial issued their Q1 2025 EPS estimates for Bitcoin Depot in a report released on Wednesday, March 19th. Noble Financial analyst P. Mccann anticipates that the company will earn $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.

A number of other equities analysts have also issued reports on BTM. HC Wainwright restated a “buy” rating and set a $4.00 target price on shares of Bitcoin Depot in a research report on Tuesday. B. Riley reaffirmed a “buy” rating and issued a $4.70 target price (up from $4.50) on shares of Bitcoin Depot in a report on Wednesday.

Bitcoin Depot Stock Performance

Shares of Bitcoin Depot stock opened at $1.41 on Thursday. The firm has a market capitalization of $85.15 million, a P/E ratio of -1.52 and a beta of 0.10. Bitcoin Depot has a 52 week low of $0.93 and a 52 week high of $3.52. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 9.33. The firm’s 50 day moving average is $1.44 and its two-hundred day moving average is $1.61.

Hedge Funds Weigh In On Bitcoin Depot

Several institutional investors have recently bought and sold shares of the company. Welch Capital Partners LLC NY increased its stake in Bitcoin Depot by 480.1% in the 4th quarter. Welch Capital Partners LLC NY now owns 522,073 shares of the company’s stock valued at $846,000 after buying an additional 432,073 shares during the period. Radcliffe Capital Management L.P. boosted its position in shares of Bitcoin Depot by 134.3% during the 4th quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company’s stock worth $463,000 after purchasing an additional 163,854 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Bitcoin Depot during the 4th quarter worth $427,000. 272 Capital LP purchased a new stake in shares of Bitcoin Depot during the 3rd quarter worth $401,000. Finally, Two Sigma Advisers LP purchased a new stake in shares of Bitcoin Depot during the 4th quarter worth $267,000. 9.18% of the stock is owned by institutional investors and hedge funds.

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.