NASDAQ:BEEM

Beam Global Stock Forecast, Price & News

$43.70

+1.56 (+3.70 %)

(As of 03/1/2021 12:00 AM ET)

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Today's Range

$40.06

Now: $43.70▼

$44.69

50-Day Range

$42.14

MA: $59.80▼

$71.14

52-Week Range

$6.09

Now: $43.70▼

$75.90

Volume546,128 shs

Average Volume643,932 shs

Market Capitalization$292.27 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Beam Global, together with its subsidiary, invents, designs, engineers, manufactures, and sells solar powered products and proprietary technology solutions in the United States and internationally. The company focuses on creating renewably energized products for electric vehicle and drone charging, outdoor media and branding, and energy security. It provides electric vehicle autonomous renewable charger (EV ARC) products; transformer, stowable, and HP DC fast charging EV ARC products; media EV ARC products with advertising screen and branding/messaging; autonomous EV ARC motorcycle and bicycle chargers; ARC mobility transportation systems; and Solar Tree direct current fast charger products. The company provides its products for electric vehicle charging infrastructure; out of home advertising platforms; and energy production and disaster preparedness. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global is headquartered in San Diego, California.

Headlines

Beam Global Announces 12% Increase in Energy Output from EV ARC(TM) Solar-Powered EV Charging System
February 26, 2021 | marketwatch.com

Beam Global Awarded Florida Statewide Purchasing Contract for Rapidly Deployed Sustainable EV Charging Products
February 18, 2021 | finance.yahoo.com

Shop While You Charge Up Your Car: How Volta’s EV Strategy Differs From Beam or Blink
February 10, 2021 | finance.yahoo.com

Beam Global Announces Record Fourth Quarter EV Arc(TM) Deliveries in 2020
January 26, 2021 | marketwatch.com

What Is The Ownership Structure Like For Beam Global (NASDAQ:BEEM)?
January 26, 2021 | finance.yahoo.com

Falling Off The Beam - Beam Global Presents Significant Downside Risk
January 17, 2021 | seekingalpha.com

State of California Extends and Expands Contract With Beam Global for Rapidly Deployed Sustainable EV Charging Products
January 14, 2021 | finance.yahoo.com

The City of Santa Clara Deploys Beam Global EV ARC(TM) Solar EV Charging Systems for City Fleet and Public Use
January 7, 2021 | marketwatch.com

3 Small-Cap Cleantech Stocks That Could Continue to See Impressive Gains in 2021
January 7, 2021 | stocknews.com

The City of Santa Clara Deploys Beam Global EV ARC™ Solar EV Charging Systems for City Fleet and Public Use
January 7, 2021 | finance.yahoo.com

Why is Beam Global Stock Soaring?
December 30, 2020 | stocknews.com

The City of Montebello to Deploy Beam Global EV ARC™ Solar EV Charging Terminals
December 17, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Semiconductors & related devices

Sub-IndustryN/A

SectorAuto/Tires/Trucks

Current SymbolNASDAQ:BEEM

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.envisionsolar.com

Phone(858) 799-4583

Employees26

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio8.29

Quick Ratio7.29

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$5.11 million

Price / Sales57.19

Cash FlowN/A

Price / Cash FlowN/A

Book Value$1.13 per share

Price / Book38.67

Profitability

EPS (Most Recent Fiscal Year)($0.88)

Net Income$-3,930,000.00

Net Margins-94.74%

Return on Equity-55.83%

Return on Assets-43.66%

Miscellaneous

Outstanding Shares6,688,000

Market Cap$292.27 million

Next Earnings Date3/29/2021 (Estimated)

OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.43 out of 5 stars

Auto/Tires/Trucks Sector

49th out of 148 stocks

Semiconductors & Related Devices Industry

62nd out of 147 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 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $75.00, Beam Global has a forecasted upside of 71.6% from its current price of $43.70.
Amount of Analyst Coverage
Beam Global has only been the subject of 2 research reports in the past 90 days.

3.0 Community Rank

Outperform Votes
Beam Global has received 3 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Beam Global has received 2 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Beam Global has received 60.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Beam Global and other stocks. Vote “Outperform” if you believe BEEM will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BEEM will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Beam Global insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $250,209.00 in company stock.
Percentage Held by Insiders
Only 6.41% of the stock of Beam Global is held by insiders.
Percentage Held by Institutions
Only 26.38% 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 ($0.62) to ($0.23) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Beam Global is -55.32, 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 -55.32, 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 38.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$43.70

+1.56 (+3.70 %)

(As of 03/1/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Beam Global (NASDAQ:BEEM) Frequently Asked Questions

Is Beam Global a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beam Global in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Beam Global stock.
View analyst ratings for Beam Global or view top-rated stocks.

What stocks does MarketBeat like better than Beam Global?

Wall Street analysts have given Beam Global a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Beam Global wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Beam Global's next earnings date?

Beam Global is scheduled to release its next quarterly earnings announcement on Monday, March 29th 2021.
View our earnings forecast for Beam Global.

How were Beam Global's earnings last quarter?

Beam Global (NASDAQ:BEEM) issued its quarterly earnings data on Thursday, November, 12th. The company reported ($0.17) EPS for the quarter, missing the Zacks' consensus estimate of ($0.15) by $0.02. The firm had revenue of $1.24 million for the quarter, compared to the consensus estimate of $1.02 million. Beam Global had a negative trailing twelve-month return on equity of 55.83% and a negative net margin of 94.74%.
View Beam Global's earnings history.

What price target have analysts set for BEEM?

2 Wall Street analysts have issued 1 year target prices for Beam Global's shares. Their forecasts range from $50.00 to $90.00. On average, they expect Beam Global's share price to reach $75.00 in the next year. This suggests a possible upside of 71.6% from the stock's current price.
View analysts' price targets for Beam Global or view top-rated stocks among Wall Street analysts.

Who are Beam Global's key executives?

Beam Global's management team includes the following people:

Mr. Desmond Wheatley, Chairman, CEO, Pres & Sec. (Age 55, Pay $252.08k)
Ms. Katherine H. McDermott, Chief Financial Officer (Age 61, Pay $219.64k)
Ms. Sandra Peterson, VP of Sales & Marketing
Mr. Bryan Kennard, Chief Applications Engineer

Who are some of Beam Global's key competitors?

Some companies that are related to Beam Global include Ichor (ICHR), Maxeon Solar Technologies (MAXN), ChipMOS TECHNOLOGIES (IMOS), Alpha and Omega Semiconductor (AOSL), Kopin (KOPN), Photronics (PLAB), Ebang International (EBON), MagnaChip Semiconductor (MX), Atomera (ATOM), ReneSola (SOL), AXT (AXTI), NeoPhotonics (NPTN), DSP Group (DSPG), NVE (NVEC) and eMagin (EMAN).
View all of BEEM's competitors.

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 Aurora Cannabis (ACB).

What is Beam Global's stock symbol?

Beam Global trades on the NASDAQ under the ticker symbol "BEEM."

Who are Beam Global's major shareholders?

Beam Global's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.59%), Voloridge Investment Management LLC (1.56%), Essex Investment Management Co. LLC (1.23%), FIL Ltd (0.77%), Royce & Associates LP (0.73%) and Nicola Wealth Management LTD. (0.52%). Company insiders that own Beam Global stock include Desmond C Wheatley and Peter Warner Davidson.
View institutional ownership trends for Beam Global.

Which major investors are selling Beam Global stock?

BEEM stock was sold by a variety of institutional investors in the last quarter, including Creative Planning, Lido Advisors LLC, Essex Investment Management Co. LLC, Truist Financial Corp, Squarepoint Ops LLC, Royce & Associates LP, and Northern Trust Corp. Company insiders that have sold Beam Global company stock in the last year include Desmond C Wheatley, and Peter Warner Davidson.
View insider buying and selling activity for Beam Global or view top insider-selling stocks.

Which major investors are buying Beam Global stock?

BEEM stock was acquired by a variety of institutional investors in the last quarter, including Voloridge Investment Management LLC, BlackRock Inc., FIL Ltd, Nicola Wealth Management LTD., Carlson Capital L P, Citigroup Inc., Wells Fargo & Company MN, and LPL Financial LLC.
View insider buying and selling activity for Beam Global or or view top insider-buying stocks.

How do I buy shares of Beam Global?

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

What is Beam Global's stock price today?

One share of BEEM stock can currently be purchased for approximately $43.70.

How much money does Beam Global make?

Beam Global has a market capitalization of $292.27 million and generates $5.11 million in revenue each year. The company earns $-3,930,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis.

How many employees does Beam Global have?

Beam Global employs 26 workers across the globe.

What is Beam Global's official website?

The official website for Beam Global is www.envisionsolar.com.

Where are Beam Global's headquarters?

Beam Global is headquartered at 5660 EASTGATE DRIVE, SAN DIEGO CA, 92121.

How can I contact Beam Global?

Beam Global's mailing address is 5660 EASTGATE DRIVE, SAN DIEGO CA, 92121. The company can be reached via phone at (858) 799-4583 or via email at [email protected]

This page was last updated on 3/2/2021 by MarketBeat.com Staff

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