NASDAQ:BEEM

Beam Global (BEEM) Stock Price, News & Analysis

$6.61
+0.68 (+11.47%)
(As of 03:57 PM ET)
Today's Range
$5.92
$6.65
50-Day Range
$5.30
$8.37
52-Week Range
$5.00
$13.66
Volume
116,623 shs
Average Volume
114,438 shs
Market Capitalization
$95.45 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$18.00

Beam Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
175.2% Upside
$18.00 Price Target
Short Interest
Bearish
11.63% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of Beam Global in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.50) to $0.55 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.

0.91 out of 5 stars

Auto/Tires/Trucks Sector

71st out of 77 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

Here’s how to start a “Weekend Side Hustle” from your sofa
Here’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.
Beam Global (BEEM) Q4 2023 Earnings Call Transcript
3 EV Charging Stocks to Buy Now: Q2 Edition
Here’s how to start a “Weekend Side Hustle” from your sofa
Here’s how you can start your very own “Weekend Side Hustle” right from the comfort of your sofa! It doesn't matter if you have a multi-million dollar retirement account… Or if you’re just starting out with a few thousand.
Xreal Air 2 and Beam review
3 EV Charging Stocks to Buy on the Dip: March 2024
BEEM Apr 2024 5.000 call
BEEM Apr 2024 7.500 call
See More Headlines
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Company Calendar

Last Earnings
11/11/2021
Today
4/23/2024
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
$22.50
High Stock Price Target
$30.00
Low Stock Price Target
$15.00
Potential Upside/Downside
+270.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 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
$87.80 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 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 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 equities research analysts have issued 1-year target prices for Beam Global's stock. Their BEEM share price targets range from $9.00 to $30.00. On average, they anticipate the company's stock price to reach $18.00 in the next year. This suggests a possible upside of 175.2% 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 shares have decreased by 7.8% and is now trading at $6.54.
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) posted its earnings results on Thursday, November, 11th. The company reported ($0.19) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.22) by $0.03. The company had revenue of $2.02 million for the quarter, compared to analysts' expectations of $3.31 million. Beam Global had a negative net margin of 23.84% and a negative trailing twelve-month return on equity of 36.71%. During the same quarter last year, the firm 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

Who are Beam Global's major shareholders?

Beam Global's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include 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 4/23/2024 by MarketBeat.com Staff

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