Should I buy or sell Beam Global stock right now?

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

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

1 equities research analysts have issued twelve-month price targets for Beam Global's stock. Their BEEM share price targets range from $25.00 to $25.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 372.1% 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 beginning of the year. Since then, BEEM stock has decreased by 25.3% and is now trading at $5.2950. View the best growth stocks for 2024 here .

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 Thursday, November, 11th. The company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.03. The firm earned $2.02 million during the quarter, compared to analysts' expectations of $3.31 million. Beam Global had a negative net margin of 34.05% and a negative trailing twelve-month return on equity of 50.60%. During the same quarter last year, the business posted ($0.17) earnings per share.

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

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 .

NASDAQ:BEEM

Beam Global (BEEM) Stock Price, News & Analysis

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$5.30

-0.29 (-5.19%)

(As of 04/15/2024 ET)

Compare

Today's Range: $5.23
▼
$5.73
50-Day Range: $5.30
▼
$8.37
52-Week Range: $5.00
▼
$13.66

Volume: 141,758 shs
Average Volume: 111,824 shs
Market Capitalization: $75.35 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.00

Get Beam Global alerts:

Beam Global MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 372.1% Upside
$25.00 Price Target
Short Interest: Bearish
11.81% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.23
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.21) to ($0.46) 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.

0.77 out of 5 stars

Auto/Tires/Trucks Sector

72nd out of 82 stocks

Semiconductors & Related Devices Industry

85th out of 90 stocks

3.5

Analyst's Opinion

Consensus Rating
Beam Global has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Beam Global has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
11.81% of the outstanding shares of Beam Global have been sold short.
Short Interest Ratio / Days to Cover
Beam Global has a short interest ratio ("days to cover") of 15.4, which indicates bearish sentiment.
Change versus previous month
Short interest in Beam Global has recently increased by 1.20%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Beam Global does not currently pay a dividend.
Dividend Growth
Beam Global does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BEEM.

1.8

News and Social Media Coverage

News Sentiment
Beam Global has a news sentiment score of 0.23. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Beam Global this week, compared to 2 articles on an average week.
Search Interest
Only 9 people have searched for BEEM on MarketBeat in the last 30 days. This is a decrease of -10% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Beam Global to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Beam Global insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.01% of the stock of Beam Global is held by insiders.
Percentage Held by Institutions
Only 26.59% of the stock of Beam Global is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Beam Global are expected to grow in the coming year, from ($1.21) to ($0.46) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beam Global is -3.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Beam Global is -3.06, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Beam Global has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Beam Global Stock (NASDAQ:BEEM)

Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized infrastructure products for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, and outdoor media advertising. The company's product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide 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 50kW DC fast charge to one or more electric vehicles or larger vehicles; and EV ARC DCFC, a DC fast charging system for charging EVs. It is also developing 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. 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

30 days | 90 days | 365 days | Advanced Chart

BEEM Stock News Headlines

April 10, 2024 | investorplace.com

Wall Street Favorites: 3 EV Charging Stocks With Strong Buy Ratings for April 2024

April 9, 2024 | investorplace.com

If You Can Only Buy One EV Charging Stock in April, It Better Be One of These 3 Names

April 16, 2024 | Paradigm Press (Ad)

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Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

April 4, 2024 | msn.com

Xreal Air 2 and Beam review

April 3, 2024 | globenewswire.com

Beam Global to Participate in the LD Micro Invitational XIV Conference April 8-9, 2024

March 31, 2024 | msn.com

The incredible upside down train set to transform travel in amazing city loved by Brits

March 27, 2024 | investorplace.com

3 EV Charging Stocks to Buy on the Dip: March 2024

March 26, 2024 | globenewswire.com

Beam Global Europe Conducts Seminar on Utility Scale Energy Storage: Li-ion Batteries and Financial Models

April 16, 2024 | Paradigm Press (Ad)

Bitcoin Rockets To Record High But Buy THIS Instead

Recently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…

March 19, 2024 | msn.com

Beam Global granted U.S. patent for wireless EV charging, stock up

March 19, 2024 | globenewswire.com

Beam Global Granted U.S. Patent for Wireless / Inductive Electric Vehicle Charging Powered by Renewable Energy

March 18, 2024 | investorplace.com

Wall Street's Favorite EV Charging Stocks? 3 Names That Could Make You Filthy Rich

March 17, 2024 | finance.yahoo.com

BEEM Apr 2024 5.000 call

March 16, 2024 | finance.yahoo.com

BEEM Apr 2024 7.500 call

March 13, 2024 | msn.com

San Diego EV charging company completes $1 million deal with the U.K.’s defense ministry

March 12, 2024 | investorplace.com

The Green Rush: 7 Renewable Energy Stocks Powering Up Portfolios

March 12, 2024 | finanznachrichten.de

Beam Global Receives First European Order for EV ARC Solar-Powered EV Charging Systems

March 12, 2024 | msn.com

Beam Global gets first European order for EV ARC solar-powered charging systems

March 12, 2024 | globenewswire.com

Beam Global Receives First European Order for EV ARC™ Solar-Powered EV Charging Systems

March 7, 2024 | investorplace.com

The Top 3 EV Charging Stocks to Buy in March 2024

March 7, 2024 | globenewswire.com

Beam Global Announces First European Government Supplier Agreement

February 29, 2024 | stockhouse.com

City of Richmond in California Selects Beam Global EV ARC(TM) Product to Power Car Share Program in Underserved Community

February 29, 2024 | globenewswire.com

City of Richmond in California Selects Beam Global EV ARC™ Product to Power Car Share Program in Underserved Community

February 29, 2024 | seekingalpha.com

Beam Global Goes Global

February 27, 2024 | msn.com

Beam stock jumps as Eli Lilly deal drives Q4 beat

February 25, 2024 | investorplace.com

7 Overlooked Renewable Energy Stocks to Watch Now

February 24, 2024 | benzinga.com

Beam Glb Stock (NASDAQ:BEEM), Short Interest Report

See More Headlines

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Company Calendar

Last Earnings: 11/11/2021
Today: 4/15/2024
Next Earnings (Estimated): 5/20/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Auto/Tires/Trucks
Industry: Semiconductors & related devices
Sub-Industry: N/A
Current Symbol: NASDAQ:BEEM
CUSIP: N/A
CIK: 1398805
Web: www.envisionsolar.com
Phone: (858) 799-4583
Fax: 858-799-4592
Employees: 101
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $25.00
High Stock Price Target: $25.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +372.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.73)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-19,680,000.00
Net Margins: -34.05%
Pretax Margin: -34.02%
Return on Equity: -50.60%
Return on Assets: -36.11%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.00
Quick Ratio: 2.82

Sales & Book Value

Annual Sales: $22 million
Price / Sales: 3.42
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $2.30 per share
Price / Book: 2.30

Miscellaneous

Outstanding Shares: 14,230,000
Free Float: 13,805,000
Market Cap: $75.35 million
Optionable: Optionable
Beta: 0.82

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Key Executives

Mr. Desmond Wheatley (Age 58)
Chairman, CEO, President & Secretary
Comp: $783.97k
Ms. Sandra Peterson (Age 61)
Vice President of Sales & Marketing
Comp: $279k
Ms. Lisa A. Potok
Chief Financial Officer
Mr. Mark Joseph Myers
Chief Operating Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

BEEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Beam Global stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beam Global in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" BEEM shares.
View BEEM analyst ratings or view top-rated stocks.
What is Beam Global's stock price target for 2024?: 1 equities research analysts have issued twelve-month price targets for Beam Global's stock. Their BEEM share price targets range from $25.00 to $25.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 372.1% 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 beginning of the year. Since then, BEEM stock has decreased by 25.3% and is now trading at $5.2950.
View the best growth stocks for 2024 here.
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 Thursday, November, 11th. The company reported ($0.19) earnings per share for the quarter, topping analysts' consensus estimates of ($0.22) by $0.03. The firm earned $2.02 million during the quarter, compared to analysts' expectations of $3.31 million. Beam Global had a negative net margin of 34.05% and a negative trailing twelve-month return on equity of 50.60%. During the same quarter last year, the business posted ($0.17) earnings per share.
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
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 4/16/2024 by MarketBeat.com Staff

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Beam Global (BEEM) Stock Price, News & Analysis

Beam Global MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Beam Global Stock (NASDAQ:BEEM)

BEEM Stock Price History

BEEM Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

BEEM Stock Analysis - Frequently Asked Questions

Overall MarketRank^™