Bitcoin Depot Inc. (BTM)
NASDAQ: BTM · Real-Time Price · USD
2.040
+0.110 (5.70%)
At close: Nov 19, 2024, 4:00 PM
2.080
+0.040 (1.96%)
Pre-market: Nov 20, 2024, 5:01 AM EST
Bitcoin Depot Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Bitcoin Depot stock have an average target of 3.67, with a low estimate of 3.50 and a high estimate of 4.00. The average target predicts an increase of 79.90% from the current stock price of 2.04.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 15, 2024.
Analyst Ratings
The average analyst rating for Bitcoin Depot stock from 3 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| 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 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $4 → $3.5 | Strong Buy | Maintains | $4 → $3.5 | +71.57% | Aug 15, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $4 | Strong Buy | Reiterates | $4 | +96.08% | May 14, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6 → $4 | Strong Buy | Maintains | $6 → $4 | +96.08% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +96.08% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +145.10% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
582.33M
from 688.97M
Decreased by -15.48%
Revenue Next Year
666.90M
from 582.33M
Increased by 14.52%
EPS This Year
-0.13
from -1.57
EPS Next Year
0.06
from -0.13
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 616.0M | 729.0M |
| Avg | 582.3M | 666.9M |
| Low | 554.0M | 613.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -10.6% | 25.2% |
| Avg | -15.5% | 14.5% |
| Low | -19.6% | 5.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.02 | 0.37 |
| Avg | -0.13 | 0.06 |
| Low | -0.21 | -0.23 |
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.