NASDAQ:BEEM

Beam Global (BEEM) Stock Price, News & Analysis

$6.43
+0.10 (+1.58%)
(As of 04/25/2024 ET)
Today's Range
$6.19
$6.59
50-Day Range
$5.30
$7.75
52-Week Range
$5.00
$13.66
Volume
64,125 shs
Average Volume
113,603 shs
Market Capitalization
$92.85 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.00

Beam Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
179.9% Upside
$18.00 Price Target
Short Interest
Bearish
12.67% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.47mentions of Beam Global in the last 14 days
Based on 22 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.72) to $0.45 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.86 out of 5 stars

Auto/Tires/Trucks Sector

69th out of 80 stocks

Semiconductors & Related Devices Industry

82nd out of 88 stocks

BEEM stock logo

About Beam Global Stock (NASDAQ:BEEM)

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs. The company is also involved in the development of EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. It offers its solutions for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, street lighting, telecommunications, energy infrastructure, and outdoor media and branding industries. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.

BEEM Stock Price History

BEEM Stock News Headlines

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Beam Global's (BEEM) Buy Rating Reaffirmed at Roth Mkm
Beam Global (BEEM) Q4 2023 Earnings Call Transcript
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3 EV Charging Stocks to Buy Now: Q2 Edition
Xreal Air 2 and Beam review
3 EV Charging Stocks to Buy on the Dip: March 2024
BEEM Apr 2024 5.000 call
See More Headlines
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Company Calendar

Last Earnings
4/16/2024
Today
4/25/2024
Next Earnings (Estimated)
5/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Current Symbol
NASDAQ:BEEM
Employees
298
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$30.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+181.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-16,060,000.00
Pretax Margin
-23.83%

Debt

Sales & Book Value

Annual Sales
$67.35 million
Book Value
$3.48 per share

Miscellaneous

Free Float
14,003,000
Market Cap
$92.42 million
Optionable
Optionable
Beta
0.82
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BEEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Beam Global stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beam Global in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BEEM shares.
View BEEM analyst ratings
or view top-rated stocks.

What is Beam Global's stock price target for 2024?

4 brokerages have issued twelve-month price objectives for Beam Global's stock. Their BEEM share price targets range from $9.00 to $30.00. On average, they predict the company's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 179.9% from the stock's current price.
View analysts price targets for BEEM
or view top-rated stocks among Wall Street analysts.

How have BEEM shares performed in 2024?

Beam Global's stock was trading at $7.09 at the start of the year. Since then, BEEM stock has decreased by 9.3% and is now trading at $6.43.
View the best growth stocks for 2024 here
.

Are investors shorting Beam Global?

Beam Global saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,830,000 shares, an increase of 8.9% from the March 31st total of 1,680,000 shares. Based on an average daily volume of 111,200 shares, the days-to-cover ratio is currently 16.5 days.
View Beam Global's Short Interest
.

When is Beam Global's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our BEEM earnings forecast
.

How were Beam Global's earnings last quarter?

Beam Global (NASDAQ:BEEM) announced its quarterly earnings data on Tuesday, April, 16th. The company reported ($0.51) earnings per share (EPS) for the quarter. The firm had revenue of $20.03 million for the quarter. Beam Global had a negative net margin of 23.84% and a negative trailing twelve-month return on equity of 36.71%.

What other stocks do shareholders of Beam Global own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Beam Global investors own include Tesla (TSLA), Aimmune Therapeutics (AIMT), Intuitive Surgical (ISRG), Ballard Power Systems (BLDP), Blink Charging (BLNK), NIO (NIO), Nikola (NKLA), Sorrento Therapeutics (SRNE), Acacia Communications (ACIA) and

Who are Beam Global's major shareholders?

Beam Global's stock is owned by a variety of institutional and retail investors. Top institutional investors include Oak Family Advisors LLC (0.33%) and PFG Investments LLC (0.16%). Insiders that own company stock include Desmond C Wheatley, Peter Warner Davidson and Townsend Battery Partners, Llc.
View institutional ownership trends
.

How do I buy shares of Beam Global?

Shares of BEEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:BEEM) was last updated on 4/25/2024 by MarketBeat.com Staff

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