Stock Price
P/E Ratio
Volume Traded Today
Dividend
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Bitcoin Depot Inc. - Class A Common Stock Market Cap
Based on ratings from 0 stock analysts, the Bitcoin Depot Inc. - Class A Common Stock stock price is expected to increase by 196% in 12 months. This is calculated by using the average 12-month stock price forecast for Bitcoin Depot Inc. - Class A Common Stock. The lowest target is $3.25 and the highest is $7. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedBTM 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Bitcoin Depot Inc. - Class A Common Stock to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BTM. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of BTM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mike Colonnese HC Wainwright & Co. | Buy | $3.5 | Maintains | Aug 15, 2024 |
| Mike Colonnese HC Wainwright & Co. | Buy | $4 | Reiterates | May 14, 2024 |
| Harold Goetsch B. Riley Securities | Buy | $4 | Maintains | Mar 26, 2024 |
| Mike Colonnese HC Wainwright & Co. | Buy | $4 | Maintains | Mar 26, 2024 |
| Mike Colonnese HC Wainwright & Co. | Buy | $5 | Maintains | Mar 19, 2024 |
| Mike Grondahl Northland Capital Markets | Market Perform | $3.5 | Initiates | Dec 20, 2023 |
| Mike Colonnese HC Wainwright & Co. | Buy | $6 | Initiates | Nov 6, 2023 |
| Harold Goetsch B. Riley Securities | Buy | $6 | Initiates | Sep 19, 2023 |
Noble Capital Markets | Outperform | Initiates | Sep 7, 2023 |
When did it IPO
2023
Staff Count
124
Country
United States
Sector/Industry
Financial Services/Capital Markets
CEO
Mr. Brandon Mintz
Market Cap
$26.9M
In 2023, BTM generated $689.0M in revenue, which was a increase of 6.51% from the previous year. This can be seen as a signal that BTM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 15 Aug 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Bitcoin Depot Inc. reported a quarterly loss of $0.13 per share, worse than the expected loss of $0.03, but an improvement from a loss of $0.69 per share a year earlier.
Why It Matters - Bitcoin Depot's larger-than-expected quarterly loss signals operational challenges, potentially impacting investor confidence and future stock performance.
Fri, 16 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Bitcoin Depot Inc. (Nasdaq: BTM), a Bitcoin ATM operator, will present at the 2024 Annual Gateway Conference on September 4-5 in San Francisco.
Why It Matters - Bitcoin Depot's participation in a major conference may enhance its visibility and credibility, potentially attracting investors and partnerships, influencing stock performance.
Tue, 13 Aug 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Bitcoin Depot Inc. (NASDAQ: BTM) will hold its Q2 2024 results conference call on August 13, 2024, at 8:00 AM ET, featuring key executives and analysts.
Why It Matters - Bitcoin Depot's Q2 2024 results may influence investor sentiment and stock performance due to insights on financial health, market positioning, and growth strategies in the cryptocurrency sector.
Tue, 13 Aug 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Bitcoin Depot reported Q2 2024 revenue of $163.1 million and net income of $4.4 million, surpassing its goal of over 8,000 active Bitcoin ATMs five months early.
Why It Matters - Strong revenue growth and increased net income signal financial health and operational efficiency for Bitcoin Depot, potentially boosting investor confidence and attracting new capital.
Mon, 22 Jul 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - A leading Bitcoin ATM provider reports record growth and the largest fleet installed to date, reinforcing its market dominance.
Why It Matters - The growth of the Bitcoin ATM provider signals strong demand for cryptocurrency, potentially boosting Bitcoin's adoption and value, which can drive investor interest and market dynamics.
Mon, 17 Jun 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - The company is allocating part of its cash reserves to Bitcoin, indicating strong confidence in its future value.
Why It Matters - The company's cash allocation to Bitcoin signals strong future confidence, potentially boosting BTC's value and attracting more institutional interest in cryptocurrencies.
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