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Bitcoin Depot (BTM) Stock Forecast, Price Target & Predictions

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BTM Stock Forecast

Bitcoin Depot stock forecast is as follows: an average price target of $3.75 (represents a 51.21% upside from BTM’s last price of $2.48) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.

BTM Price Target

The average price target for Bitcoin Depot (BTM) is $3.75 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $4.00 to $3.50. This represents a potential 51.21% upside from BTM's last price of $2.48.

BTM Analyst Ratings

Buy

According to 1 Wall Street analysts, Bitcoin Depot's rating consensus is 'Buy'. The analyst rating breakdown for BTM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Bitcoin Depot Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 15, 2024Mike ColonneseH.C. Wainwright$3.50$1.60118.75%41.13%
Mar 26, 2024Hal GoetschB.Riley Financial$4.00$2.2280.18%61.29%
Mar 26, 2024Mike ColonneseH.C. Wainwright$4.00$2.2280.18%61.29%
Nov 06, 2023Mike ColonneseH.C. Wainwright$6.00$2.65126.42%141.94%
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The latest Bitcoin Depot stock forecast, released on Aug 15, 2024 by Mike Colonnese from H.C. Wainwright, set a price target of $3.50, which represents a 118.75% increase from the stock price at the time of the forecast ($1.60), and a 41.13% increase from BTM last price ($2.48).

Bitcoin Depot Price Target by Period

1M3M12M
# Anlaysts-13
Avg Price Target-$3.50$3.83
Last Closing Price$2.48$2.48$2.48
Upside/Downside-100.00%41.13%54.44%

In the current month, the average price target of Bitcoin Depot stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Bitcoin Depot's last price of $2.48. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Aug 15, 2024H.C. WainwrightBuyBuyHold
Aug 05, 2024Goldman SachsUnderperformUnderperformHold
Jul 16, 2024J.P. MorganUnderperformUnderperformHold
Mar 26, 2024H.C. WainwrightBuyBuyHold
Nov 06, 2023H.C. Wainwright-BuyInitialise
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Bitcoin Depot's last stock rating was published by H.C. Wainwright on Aug 15, 2024. The company gave BTM a "Buy" rating, the same as its previous rate.

Bitcoin Depot Financial Forecast

Bitcoin Depot Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23
Revenue---------$179.48M
Avg Forecast$150.70M$151.10M$175.30M$149.20M$136.96M$134.78M$148.75M$132.86M$161.50M$185.23M
High Forecast$150.70M$151.10M$175.30M$149.20M$136.96M$141.97M$148.75M$132.86M$165.00M$185.23M
Low Forecast$150.70M$151.10M$175.30M$149.20M$136.96M$128.51M$148.75M$132.86M$157.00M$185.23M
# Analysts1111242242
Surprise %---------0.97%

Bitcoin Depot's average Quarter revenue forecast for Dec 23 based on 4 analysts is $161.50M, with a low forecast of $157.00M, and a high forecast of $165.00M. BTM's average Quarter revenue forecast represents a -10.02% decrease compared to the company's last Quarter revenue of $179.48M (Sep 23).

Bitcoin Depot EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23
# Analysts1111242242
EBITDA---------$7.58M
Avg Forecast$8.02M$8.05M$9.33M$7.94M$7.29M$7.18M$7.92M$7.07M$8.60M$9.86M
High Forecast$8.02M$8.05M$9.33M$7.94M$7.29M$7.56M$7.92M$7.07M$8.78M$9.86M
Low Forecast$8.02M$8.05M$9.33M$7.94M$7.29M$6.84M$7.92M$7.07M$8.36M$9.86M
Surprise %---------0.77%

4 analysts predict BTM's average Quarter EBITDA for Dec 23 to be $8.60M, with a high of $8.78M and a low of $8.36M. This is 13.36% upper than Bitcoin Depot's previous annual EBITDA (Sep 23) of $7.58M.

Bitcoin Depot Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23
# Analysts1111242242
Net Income---------$-7.10M
Avg Forecast$-582.96K$-388.64K$-388.64K$-3.11M$64.77K$129.55K$291.48K$-1.55M$-1.55M$1.68M
High Forecast$-582.96K$-388.64K$-388.64K$-3.11M$64.77K$129.55K$291.48K$-1.55M$888.32K$1.68M
Low Forecast$-582.96K$-388.64K$-388.64K$-3.11M$64.77K$129.55K$291.48K$-1.55M$-3.55M$1.68M
Surprise %----------4.21%

Bitcoin Depot's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BTM's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Bitcoin Depot SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23
# Analysts1111242242
SG&A---------$16.24M
Avg Forecast$9.47M$9.50M$11.02M$9.38M$8.61M$8.47M$9.35M$8.35M$10.15M$11.64M
High Forecast$9.47M$9.50M$11.02M$9.38M$8.61M$8.92M$9.35M$8.35M$10.37M$11.64M
Low Forecast$9.47M$9.50M$11.02M$9.38M$8.61M$8.08M$9.35M$8.35M$9.87M$11.64M
Surprise %---------1.40%

Bitcoin Depot's average Quarter SG&A projection for Dec 23 is $10.15M, based on 4 Wall Street analysts, with a range of $9.87M to $10.37M. The forecast indicates a -37.52% fall compared to BTM last annual SG&A of $16.24M (Sep 23).

Bitcoin Depot EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23
# Analysts1111242242
EPS---------$-0.43
Avg Forecast$-0.03$-0.02$-0.02$-0.16-$0.01$0.01$-0.08$-0.08$0.09
High Forecast$-0.03$-0.02$-0.02$-0.16-$0.01$0.01$-0.08$0.05$0.09
Low Forecast$-0.03$-0.02$-0.02$-0.16-$0.01$0.01$-0.08$-0.18$0.09
Surprise %----------4.96%

According to undefined Wall Street analysts, Bitcoin Depot's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BTM previous annual EPS of $NaN (undefined).

BTM Forecast FAQ

Is Bitcoin Depot a good buy?

Yes, according to 1 Wall Street analysts, Bitcoin Depot (BTM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 100.00% of BTM's total ratings.

What is BTM's price target?

Bitcoin Depot (BTM) average price target is $3.75 with a range of $3.5 to $4, implying a 51.21% from its last price of $2.48. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Bitcoin Depot stock go up soon?

According to Wall Street analysts' prediction for BTM stock, the company can go up by 51.21% (from the last price of $2.48 to the average price target of $3.75), up by 61.29% based on the highest stock price target, and up by 41.13% based on the lowest stock price target.

Can Bitcoin Depot stock reach $4?

BTM's average twelve months analyst stock price target of $3.75 does not support the claim that Bitcoin Depot can reach $4 in the near future.

What are Bitcoin Depot's analysts' financial forecasts?

Bitcoin Depot's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $553.34M (high $560.53M, low $547.07M), average EBITDA is $29.46M (high $29.84M, low $29.13M), average net income is $-1.069M (high $-1.069M, low $-1.069M), average SG&A $34.77M (high $35.22M, low $34.38M), and average EPS is $-0.055 (high $-0.055, low $-0.055). BTM's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $626.3M (high $626.3M, low $626.3M), average EBITDA is $33.35M (high $33.35M, low $33.35M), average net income is $-4.469M (high $-4.469M, low $-4.469M), average SG&A $39.36M (high $39.36M, low $39.36M), and average EPS is $-0.23 (high $-0.23, low $-0.23).

Did the BTM's actual financial results beat the analysts' financial forecasts?

In terms of the last quarterly report (Sep 2023), Bitcoin Depot's revenue was $179.48M, missing the average analysts' forecast of $185.23M by -3.10%. The company's EBITDA was $7.58M, missing the average prediction of $9.86M by -23.09%. Bitcoin Depot's net income was $-7.098M, missing the average estimation of $1.68M by -521.47%. The company's SG&A was $16.24M, beating the average forecast of $11.64M by 39.53%. Lastly, the company's EPS was $-0.43, missing the average prediction of $0.0867 by -596.15%