Bitcoin Depot Inc. (BTM)
NASDAQ: BTM · IEX Real-Time Price · USD
1.990
+0.040 (2.05%)
At close: May 2, 2024, 4:00 PM
2.050
+0.060 (3.02%)
Pre-market: May 3, 2024, 4:17 AM EDT
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 157.79% from the current stock price of 1.99.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 26, 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $6 → $4 | Strong Buy | Maintains | $6 → $4 | +101.01% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +101.01% | Mar 26, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $6 → $5 | Strong Buy | Maintains | $6 → $5 | +151.26% | Mar 19, 2024 |
| Northland Capital Markets | Northland Capital Markets | Hold Initiates $3.5 | Hold | Initiates | $3.5 | +75.88% | Dec 20, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Initiates $6 | Strong Buy | Initiates | $6 | +201.51% | Nov 6, 2023 |
Financial Forecast
Revenue This Year
626.34M
from 688.97M
Decreased by -9.09%
Revenue Next Year
698.62M
from 626.34M
Increased by 11.54%
EPS This Year
0.12
from -1.57
EPS Next Year
0.36
from 0.12
Increased by 195.83%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 682.0M | 737.7M |
| Avg | 626.3M | 698.6M |
| Low | 590.8M | 667.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -1.0% | 17.8% |
| Avg | -9.1% | 11.5% |
| Low | -14.2% | 6.5% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.41 | 0.54 |
| Avg | 0.12 | 0.36 |
| Low | -0.11 | 0.20 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | 341.8% |
| Avg | - | 195.8% |
| Low | - | 61.7% |
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.