BTM Analyst Ratings

Bitcoin Depot Inc. (BTM) operates in the Financial Services sector, specifically the Financial - Credit Services industry, with a market capitalization near $1.9M, listed on NASDAQ, employing roughly 126 people, carrying a beta of 3.13 to the broader market. Bitcoin Depot Inc. Led by W. Alexander Holmes, public since 2022-04-19.

Price Targets

Average Target
$29.17
High
$35.00
Low
$24.50

Recent Upgrades & Downgrades

DateFirmActionFromTo
May 19, 2026HC Wainwright & Co.downgradeBuyNeutral
Mar 25, 2026HC Wainwright & Co.maintainBuyBuy
Mar 17, 2026B. Riley SecuritiesmaintainNeutralNeutral
Oct 2, 2025B. Riley SecuritiesmaintainBuyBuy
Aug 13, 2025HC Wainwright & Co.maintainBuyBuy

How to Read BTM Analyst Coverage

Sell-side equity analysts publish three primary outputs: ratings (Strong Buy / Buy / Hold / Sell / Strong Sell, or firm-specific equivalents), price targets, and EPS / revenue estimate revisions. Rating consensus moves slowly relative to price; it reflects 12-month directional conviction rather than near-term momentum. Price targets are more responsive but typically drift behind realized price during sharp moves. The most actionable signal for options traders is a cluster of ratings actions across multiple firms within a short window, which compresses or expands implied volatility on a horizon of days to weeks and shifts the put-call skew toward the directional consensus. The recent-actions table above shows the five most recent firm-level changes; longer histories live behind aggregator sources.

For event-driven options sizing, pair the consensus rating and target distribution with the implied-volatility surface and dealer-positioning view. Aggressive target hikes from multiple firms tend to tighten put skew (downside protection becomes relatively cheaper); aggressive cuts widen put skew. The size of the IV response in the hours after a rating change is visible on the per-ticker volatility skew page and the gamma-exposure page, both of which show how dealer hedging propagates the analyst-driven flow into the listed options chain.

Learn how analyst ratings is reported and how to read the data →