HC Wainwright Estimates Bitcoin Depot Q1 Earnings

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities research analysts at HC Wainwright issued their Q1 2026 earnings per share (EPS) estimates for Bitcoin Depot in a note issued to investors on Wednesday, March 25th. HC Wainwright analyst M. Colonnese anticipates that the company will post earnings of ($0.42) per share for the quarter. HC Wainwright currently has a “Buy” rating and a $4.00 price target on the stock. HC Wainwright also issued estimates for Bitcoin Depot’s Q2 2026 earnings at ($0.28) EPS, Q3 2026 earnings at ($0.54) EPS, Q4 2026 earnings at ($0.62) EPS and FY2026 earnings at ($1.86) EPS.

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

A number of other analysts have also recently weighed in on BTM. Noble Financial restated an “outperform” rating on shares of Bitcoin Depot in a report on Tuesday, March 17th. Weiss Ratings reissued a “sell (d+)” rating on shares of Bitcoin Depot in a research report on Wednesday, January 21st. Wall Street Zen lowered shares of Bitcoin Depot from a “buy” rating to a “strong sell” rating in a report on Saturday, March 21st. Finally, B. Riley Financial upped their price target on Bitcoin Depot to $4.20 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $14.40.

Bitcoin Depot Trading Down 18.2%

Shares of Bitcoin Depot stock opened at $2.02 on Friday. Bitcoin Depot has a fifty-two week low of $2.00 and a fifty-two week high of $48.16. The company has a fifty day moving average of $5.60 and a 200 day moving average of $12.47. The company has a market capitalization of $21.03 million, a P/E ratio of 1.06 and a beta of 0.96. The company has a debt-to-equity ratio of 4.72, a quick ratio of 1.26 and a current ratio of 1.26.

Hedge Funds Weigh In On Bitcoin Depot

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in Bitcoin Depot in the 4th quarter worth approximately $45,000. Aristides Capital LLC purchased a new stake in Bitcoin Depot during the 4th quarter worth approximately $137,000. Invesco Ltd. increased its stake in Bitcoin Depot by 125.0% during the 4th quarter. Invesco Ltd. now owns 177,046 shares of the company’s stock valued at $228,000 after purchasing an additional 98,372 shares in the last quarter. Quadrature Capital Ltd acquired a new position in Bitcoin Depot during the 4th quarter valued at approximately $210,000. Finally, Owl Creek Asset Management L.P. purchased a new position in shares of Bitcoin Depot in the fourth quarter worth $1,935,000. 9.18% of the stock is owned by hedge funds and other institutional investors.

About Bitcoin Depot

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.