Noble Financial Weighs in on Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities researchers at Noble Financial issued their Q1 2026 earnings estimates for shares of Bitcoin Depot in a research report issued on Tuesday, March 17th. Noble Financial analyst P. Mccann expects that the company will earn ($0.68) per share for the quarter. Noble Financial has a “Outperform” rating on the stock. Noble Financial also issued estimates for Bitcoin Depot’s Q2 2026 earnings at ($0.29) EPS, Q3 2026 earnings at ($0.36) EPS, Q4 2026 earnings at ($0.60) EPS and FY2026 earnings at ($1.92) EPS.

Other equities analysts have also issued reports about the company. B. Riley Financial boosted their price target on Bitcoin Depot to $4.20 and gave the stock a “neutral” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a research report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $28.23.

Bitcoin Depot Price Performance

Shares of NASDAQ BTM opened at $3.14 on Thursday. The company has a debt-to-equity ratio of 4.72, a current ratio of 1.26 and a quick ratio of 1.88. Bitcoin Depot has a 1-year low of $3.07 and a 1-year high of $48.16. The company has a market capitalization of $32.69 million, a price-to-earnings ratio of 1.65 and a beta of 0.96. The business has a 50-day moving average of $6.29 and a 200-day moving average of $13.34.

Bitcoin Depot (NASDAQ:BTM) last released its quarterly earnings data on Monday, March 16th. The company reported ($1.18) EPS for the quarter, missing the consensus estimate of ($0.47) by ($0.71). The company had revenue of $116.04 million during the quarter, compared to analysts’ expectations of $113.93 million. Bitcoin Depot had a negative net margin of 0.94% and a negative return on equity of 70.95%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of BTM. Geode Capital Management LLC grew its stake in Bitcoin Depot by 35.9% during the 2nd quarter. Geode Capital Management LLC now owns 171,606 shares of the company’s stock valued at $870,000 after purchasing an additional 45,300 shares in the last quarter. Cetera Investment Advisers acquired a new position in shares of Bitcoin Depot in the 2nd quarter valued at approximately $51,000. JPMorgan Chase & Co. boosted its stake in shares of Bitcoin Depot by 591,055.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 159,612 shares of the company’s stock valued at $809,000 after buying an additional 159,585 shares during the last quarter. Heron Bay Capital Management acquired a new stake in shares of Bitcoin Depot during the second quarter worth approximately $327,000. Finally, XTX Topco Ltd acquired a new stake in shares of Bitcoin Depot during the second quarter worth approximately $288,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.

More Bitcoin Depot News

Here are the key news stories impacting Bitcoin Depot this week:

• Positive Sentiment: Broker support remains: Noble Financial keeps an “Outperform” rating and published updated multi‑quarter EPS estimates (showing where the firm expects the recovery). Noble Financial Estimates Bitcoin Depot FY2027 Earnings
• Positive Sentiment: B. Riley’s analyst note flagged upside and said the stock price is expected to rise — a near‑term bullish catalyst if investors focus on the analyst upgrade/optimism. Bitcoin Depot (NASDAQ:BTM) Stock Price Expected to Rise, B. Riley Financial Analyst Says
• Neutral Sentiment: Q4 earnings call highlights were published and contain management commentary investors will parse for guidance and cost actions; read for context but the headlines so far are mixed. Bitcoin Depot Q4 Earnings Call Highlights
• Neutral Sentiment: Reported short‑interest data looks internally inconsistent (reports cite a “significant increase” but show zero shares and NaN changes). That suggests the short‑interest figures are unreliable now and not a clear market driver.
• Negative Sentiment: Regulatory/filing risk: Bitcoin Depot delayed its annual Form 10‑K filing — a material event that typically raises investor concern about accounting, audit or disclosure issues and can pressure the stock. Bitcoin Depot Delays Annual 10-K Filing
• Negative Sentiment: Analyst downgrades to profit expectations: Noble Financial lowered FY‑2026 EPS substantially (from prior forecast to a deeper negative number), signaling weaker near‑term profitability than earlier expected — this reduces near‑term earnings visibility.

Bitcoin Depot Company Profile

Bitcoin Depot, Inc operates one of the largest networks of self-service cryptocurrency kiosks in North America, enabling customers to buy and sell Bitcoin and other digital assets using cash or debit cards. Through a partnership model with convenience stores, gas stations and retail outlets, the company provides an accessible on-ramp and off-ramp for individuals entering the cryptocurrency market without requiring a bank account or extensive technical knowledge. Transactions are completed in real time at the point of sale, with verification and receipt provided via email or mobile phone.

Founded in 2016 and headquartered in Atlanta, Georgia, Bitcoin Depot began as a privately held startup focused on expanding retail access to digital currencies.