Bitcoin Depot Inc. (BTM)
NASDAQ: BTM · IEX Real-Time Price · USD
1.710
+0.040 (2.40%)
Jul 19, 2024, 4:00 PM EDT - Market closed
Bitcoin Depot Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Bitcoin Depot stock have an average target of 5.13, with a low estimate of 3.50 and a high estimate of 9.00. The average target predicts an increase of 200.00% from the current stock price of 1.71.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Bitcoin Depot stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +133.92% | May 14, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6 → $4 | Strong Buy | Maintains | $6 → $4 | +133.92% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +133.92% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +192.40% | Mar 19, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Initiates $3.5 | Hold | Initiates | $3.5 | +104.68% | Dec 20, 2023 |
Financial Forecast
Revenue This Year
618.64M
from 688.97M
Decreased by -10.21%
Revenue Next Year
711.60M
from 618.64M
Increased by 15.03%
EPS This Year
-0.02
from -1.57
EPS Next Year
0.31
from -0.02
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 652.4M | 750.5M |
| Avg | 618.6M | 711.6M |
| Low | 591.6M | 680.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -5.3% | 21.3% |
| Avg | -10.2% | 15.0% |
| Low | -14.1% | 10.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.09 | 0.37 |
| Avg | -0.02 | 0.31 |
| Low | -0.08 | 0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.