FY2026 EPS Estimates for Beam Global (NASDAQ:BEEM) Lowered by HC Wainwright

Beam Global (NASDAQ:BEEM - Free Report) - Research analysts at HC Wainwright cut their FY2026 earnings per share (EPS) estimates for shares of Beam Global in a research report issued to clients and investors on Wednesday, May 22nd. HC Wainwright analyst A. Dayal now anticipates that the company will post earnings per share of $0.76 for the year, down from their prior estimate of $0.95. HC Wainwright has a "Buy" rating and a $30.00 price target on the stock. The consensus estimate for Beam Global's current full-year earnings is ($0.84) per share. HC Wainwright also issued estimates for Beam Global's FY2028 earnings at $2.44 EPS.

Beam Global (NASDAQ:BEEM - Get Free Report) last issued its quarterly earnings results on Tuesday, April 16th. The company reported ($0.51) earnings per share for the quarter. The company had revenue of $20.03 million during the quarter. Beam Global had a negative return on equity of 30.53% and a negative net margin of 22.16%.

A number of other brokerages have also recently weighed in on BEEM. B. Riley dropped their price target on Beam Global from $18.00 to $15.00 and set a "buy" rating on the stock in a research note on Thursday, April 18th. Needham & Company LLC restated a "hold" rating on shares of Beam Global in a research report on Wednesday. Finally, Roth Mkm restated a "buy" rating and set a $9.00 price objective on shares of Beam Global in a research report on Tuesday, April 23rd.

Beam Global Stock Performance

BEEM traded up $0.18 during trading on Thursday, reaching $6.29. The company had a trading volume of 155,956 shares, compared to its average volume of 114,403. The firm's 50-day simple moving average is $6.36 and its 200 day simple moving average is $6.47. The company has a market cap of $91.46 million, a price-to-earnings ratio of -4.84 and a beta of 0.92. Beam Global has a 12-month low of $5.00 and a 12-month high of $12.82.

Institutional Investors Weigh In On Beam Global

Several institutional investors have recently made changes to their positions in the company. AWM Investment Company Inc. lifted its holdings in shares of Beam Global by 8.4% during the 1st quarter. AWM Investment Company Inc. now owns 983,535 shares of the company's stock valued at $6,688,000 after buying an additional 76,301 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of Beam Global by 21.0% during the 1st quarter. Vanguard Group Inc. now owns 618,676 shares of the company's stock valued at $4,207,000 after buying an additional 107,200 shares during the last quarter. Oak Family Advisors LLC lifted its holdings in shares of Beam Global by 26.7% during the 1st quarter. Oak Family Advisors LLC now owns 47,107 shares of the company's stock valued at $320,000 after buying an additional 9,921 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of Beam Global during the 1st quarter valued at about $284,000. Finally, PFG Investments LLC lifted its holdings in shares of Beam Global by 97.0% during the 1st quarter. PFG Investments LLC now owns 23,051 shares of the company's stock valued at $157,000 after buying an additional 11,348 shares during the last quarter. 26.59% of the stock is currently owned by institutional investors and hedge funds.

Beam Global Company Profile

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.