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Bitcoin Depot (BTM)
NASDAQ:BTM
BTM Analyst Ratings
Strong Buy
4 Buy
0 Hold
0 Sell
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers in the past 3 months
BTM Stock 12 Month Forecast
Average Price Target
$7.50
▲(180.90% Upside)
| Highest Price Target$9.00 | Average Price Target$7.50 | Lowest Price Target$6.00 |
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.
Detailed List of Analyst Forecasts
Detailed List of Analyst Forecasts
TR | OpenAI - 4o
$3.5
Hold
31.09%
Upside
Reiterated
10/23/25
AI Generated ArticleAI Generated Article
Noble Financial
$9
Buy
237.08%
Upside
Reiterated
10/03/25
Noble Financial Reaffirms Their Buy Rating on Bitcoin Depot (BTM)We view this as a positive step that underscores Bitcoin Depot’s ability to consolidate a fragmented industry. Backed by a strong balance sheet and cash position (roughly $60 million in cash and investments at the end of Q2), the company is well positioned to integrate smaller operators efficiently and expand its reach, creating meaningful long-term growth opportunities.
B. Riley Securities
$5.5→$6
Buy
124.72%
Upside
Reiterated
10/02/25
H.C. Wainwright
$5→$6.5
Buy
143.45%
Upside
Reiterated
08/13/25
Bitcoin Depot's Strong Q2 2025 Performance and Strategic Growth Initiatives Earn Buy RatingWe were surprised to see shares underperform after Bitcoin Depot reported strong 2Q25 results yesterday (8/12) before the open, while management provided 3Q revenue and adjusted EBITDA guidance in line with consensus forecasts heading into the print. We suspect investors used the event to take some profits after BTM's parabolic run since May (when the company delivered another big beat), but view yesterday's sell-off as overdone, as Bitcoin Depot's fundamentals continue to improve alongside deployed kiosk count growth (nearly 9k kiosks installed at the end of the end of March).
Northland Securities
$8.5
Buy
218.35%
Upside
Reiterated
08/13/25
Ranks
Any
Analyst Rating
Any
Upside/ Downside
Any
Action
Any
TR | OpenAI - 4o
$3.5
Hold
31.09%
Upside
Reiterated
10/23/25
AI Generated ArticleAI Generated Article
Noble Financial
$9
Buy
237.08%
Upside
Reiterated
10/03/25
Noble Financial Reaffirms Their Buy Rating on Bitcoin Depot (BTM)We view this as a positive step that underscores Bitcoin Depot’s ability to consolidate a fragmented industry. Backed by a strong balance sheet and cash position (roughly $60 million in cash and investments at the end of Q2), the company is well positioned to integrate smaller operators efficiently and expand its reach, creating meaningful long-term growth opportunities.
B. Riley Securities
$5.5→$6
Buy
124.72%
Upside
Reiterated
10/02/25
H.C. Wainwright
$5→$6.5
Buy
143.45%
Upside
Reiterated
08/13/25
Bitcoin Depot's Strong Q2 2025 Performance and Strategic Growth Initiatives Earn Buy RatingWe were surprised to see shares underperform after Bitcoin Depot reported strong 2Q25 results yesterday (8/12) before the open, while management provided 3Q revenue and adjusted EBITDA guidance in line with consensus forecasts heading into the print. We suspect investors used the event to take some profits after BTM's parabolic run since May (when the company delivered another big beat), but view yesterday's sell-off as overdone, as Bitcoin Depot's fundamentals continue to improve alongside deployed kiosk count growth (nearly 9k kiosks installed at the end of the end of March).
Northland Securities
$8.5
Buy
218.35%
Upside
Reiterated
08/13/25
Best Analysts Covering Bitcoin Depot
1 Month
xxx
Success Rate
3/8 ratings generated profit
Average Return
+8.22%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 37.50% of your transactions generating a profit, with an average return of +8.22% per trade.
3 Months
xxx
Success Rate
3/8 ratings generated profit
Average Return
+30.59%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 37.50% of your transactions generating a profit, with an average return of +30.59% per trade.
1 Year
Success Rate
4/8 ratings generated profit
Average Return
+13.50%
reiterated a buy rating 28 days ago
Copying Patrick McCann, CFA's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +13.50% per trade.
2 Years
xxx
Success Rate
6/8 ratings generated profit
Average Return
+21.16%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 75.00% of your transactions generating a profit, with an average return of +21.16% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.
BTM Analyst Recommendation Trends
Rating
May 25
Jun 25
Jul 25
Aug 25
Oct 25
Strong Buy
7
5
5
3
4
Buy
1
5
5
5
1
Hold
8
12
15
14
12
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
16
22
25
22
17
Each month's total comprises the sum of three months' worth of ratings.
BTM Financial Forecast
BTM Stock Forecast FAQ
What is BTM’s average 12-month price target, according to analysts?
Based on analyst ratings, Bitcoin Depot’s 12-month average price target is 7.50.
What is BTM’s upside potential, based on the analysts’ average price target?
Bitcoin Depot has 180.90% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is BTM a Buy, Sell or Hold?
Bitcoin Depot has a consensus rating of Strong Buy which is based on 4 buy ratings, 0 hold ratings and 0 sell ratings.
What is Bitcoin Depot’s price target?
The average price target for Bitcoin Depot is 7.50. This is based on 4 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
The highest analyst price target is $9.00 ,the lowest forecast is $6.00. The average price target represents 180.90% Increase from the current price of $2.67.
The highest analyst price target is $9.00 ,the lowest forecast is $6.00. The average price target represents 180.90% Increase from the current price of $2.67.
What do analysts say about Bitcoin Depot?
Bitcoin Depot’s analyst rating consensus is a Strong Buy. This is based on the ratings of 4 Wall Streets Analysts.
How can I buy shares of BTM?
Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.