Noble Financial Estimates Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Analysts at Noble Financial issued their Q1 2025 earnings estimates for shares of Bitcoin Depot in a report issued on Wednesday, March 19th. Noble Financial analyst P. Mccann expects 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.

Several other analysts also recently commented on BTM. B. Riley reiterated a “buy” rating and issued a $4.70 price target (up previously from $4.50) on shares of Bitcoin Depot in a research report on Wednesday. HC Wainwright restated a “buy” rating and set a $4.00 price objective on shares of Bitcoin Depot in a research report on Tuesday.

Bitcoin Depot Stock Down 1.4 %

BTM stock opened at $1.36 on Thursday. The company has a fifty day moving average price of $1.43 and a 200 day moving average price of $1.60. Bitcoin Depot has a 12 month low of $0.93 and a 12 month high of $3.52. The company has a market cap of $82.13 million, a price-to-earnings ratio of -1.46 and a beta of 0.10. The company has a debt-to-equity ratio of 9.33, a current ratio of 0.91 and a quick ratio of 0.91.

Hedge Funds Weigh In On Bitcoin Depot

Large investors have recently bought and sold shares of the company. Walleye Capital LLC lifted its stake in shares of Bitcoin Depot by 110.1% in the third quarter. Walleye Capital LLC now owns 23,542 shares of the company’s stock valued at $37,000 after purchasing an additional 12,337 shares during the period. Blue Owl Capital Holdings LP lifted its position 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 acquiring an additional 15,000 shares during the period. 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. Radcliffe Capital Management L.P. boosted its stake 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 acquiring an additional 163,854 shares in the last quarter. Finally, Two Sigma Advisers LP acquired a new stake in shares of Bitcoin Depot in the 4th quarter worth approximately $267,000. Hedge funds and other institutional investors 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.