Bitcoin Depot Inc has a consensus price target of $5.13 based on the ratings of 4 analysts. The high is $9 issued by Noble Capital Markets on September 7, 2023. The low is $3.5 issued by Northland Capital Markets on December 20, 2023. The 3 most-recent analyst ratings were released by HC Wainwright & Co., B. Riley Securities, and HC Wainwright & Co. on May 14, 2024, March 26, 2024, and March 26, 2024, respectively. With an average price target of $4 between HC Wainwright & Co., B. Riley Securities, and HC Wainwright & Co., there's an implied 113.90% upside for Bitcoin Depot Inc from these most-recent analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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05/14/2024 | Buy Now | 113.9% | HC Wainwright & Co. | Mike Colonnese | → $4 | Reiterates | Buy → Buy | Get Alert |
03/26/2024 | Buy Now | 113.9% | B. Riley Securities | Harold Goetsch | $6 → $4 | Maintains | Buy | Get Alert |
03/26/2024 | Buy Now | 113.9% | HC Wainwright & Co. | Mike Colonnese | $5 → $4 | Maintains | Buy | Get Alert |
03/19/2024 | Buy Now | 167.38% | HC Wainwright & Co. | Mike Colonnese | $6 → $5 | Maintains | Buy | Get Alert |
12/20/2023 | Buy Now | 87.17% | Northland Capital Markets | Mike Grondahl | → $3.5 | Initiates | → Market Perform | Get Alert |
11/06/2023 | Buy Now | 220.86% | HC Wainwright & Co. | Mike Colonnese | → $6 | Initiates | → Buy | Get Alert |
09/19/2023 | Buy Now | 220.86% | B. Riley Securities | Harold Goetsch | → $6 | Initiates | → Buy | Get Alert |
09/07/2023 | Buy Now | 381.28% | Noble Capital Markets | Michael Kupinski | → $9 | Initiates | → Outperform | Get Alert |
The latest price target for Bitcoin Depot (NASDAQ:BTM) was reported by HC Wainwright & Co. on May 14, 2024. The analyst firm set a price target for $4.00 expecting BTM to rise to within 12 months (a possible 113.90% upside). 8 analyst firms have reported ratings in the last year.
The latest analyst rating for Bitcoin Depot (NASDAQ:BTM) was provided by HC Wainwright & Co., and Bitcoin Depot reiterated their buy rating.
There is no last upgrade for Bitcoin Depot
There is no last downgrade for Bitcoin Depot.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bitcoin Depot, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bitcoin Depot was filed on May 14, 2024 so you should expect the next rating to be made available sometime around May 14, 2025.
While ratings are subjective and will change, the latest Bitcoin Depot (BTM) rating was a reiterated with a price target of $4.00 to $4.00. The current price Bitcoin Depot (BTM) is trading at is $1.87, which is out of the analyst’s predicted range.
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