NASDAQ:BEEM Beam Global (BEEM) Stock Forecast, Price & News $11.36 -0.26 (-2.24%) (As of 10:38 AM ET) Add Compare Share Share Today's Range$11.36▼$11.8450-Day Range$8.62▼$15.9152-Week Range$8.51▼$21.58Volume15,493 shsAverage Volume139,357 shsMarket Capitalization$122.23 millionP/E RatioN/ADividend YieldN/APrice Target$26.60 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Beam Global MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside132.3% Upside$26.60 Price TargetShort InterestBearish18.12% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.80Based on 3 Articles This WeekInsider TradingSelling Shares$16,534 Sold Last QuarterProj. Earnings GrowthGrowingFrom ($1.16) to $0.47 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.90 out of 5 starsAuto/Tires/Trucks Sector61st out of 99 stocksSemiconductors & Related Devices Industry61st out of 88 stocks 3.4 Analyst's Opinion Consensus RatingBeam Global has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $26.60, Beam Global has a forecasted upside of 132.3% from its current price of $11.45.Amount of Analyst CoverageBeam Global has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted18.12% of the float of Beam Global has been sold short.Short Interest Ratio / Days to CoverBeam Global has a short interest ratio ("days to cover") of 9.8.Change versus previous monthShort interest in Beam Global has recently increased by 3.27%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldBeam Global does not currently pay a dividend.Dividend GrowthBeam Global does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BEEM. Previous Next 3.8 News and Social Media Coverage News SentimentBeam Global has a news sentiment score of 0.80. 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 higher news sentiment than the 0.52 average news sentiment score of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Beam Global this week, compared to 2 articles on an average week.Search Interest10 people have searched for BEEM on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.MarketBeat Follows12 people have added Beam Global to their MarketBeat watchlist in the last 30 days. This is an increase of 1,100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn 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 $16,534.00 in company stock.Percentage Held by InsidersOnly 2.64% of the stock of Beam Global is held by insiders.Percentage Held by InstitutionsOnly 20.79% of the stock of Beam Global is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Beam Global are expected to grow in the coming year, from ($1.16) to $0.47 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Beam Global is -5.45, 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. SectorThe P/E ratio of Beam Global is -5.45, 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 RatioBeam Global has a P/B Ratio of 4.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Beam Global (NASDAQ:BEEM) StockBeam Global provides sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media. It develops, patents, designs, engineers and manufactures unique and advanced clean mobility solutions that protect the environment, save customers time and money, empower communities and keep people moving. The firm's core platforms include Beam EV ARC and Solar Tree sustainable EV charging systems, Beam AllCell high-performance energy storage solutions, energy resiliency and disaster preparedness products and a deep patent library. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.Read More Receive BEEM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Beam Global and its competitors with MarketBeat's FREE daily newsletter. Email Address BEEM Stock News HeadlinesMay 20, 2023 | marketbeat.comMarketBeat Week in Review – 5/15 - 5/19 (BEEM)Investors are battling stagflation as they wait for a recession, and the MarketBeat team continues to help you understand where to find opportunitiesMay 16, 2023 | marketbeat.comBeam Global Shines Brightly in the EV Infrastructure SpaceBeam Global Inc. (NASDAQ: BEEM) is emerging as a standout in the electric vehicle (EV) infrastructure space. As the EV movement continuesJune 8, 2023 | Edge On The Street (Ad)New "Mined in America" Lithium Opportunities?The average electric vehicle needs 138 pounds of lithium carbonate for its battery components. But China currently controls the entire lithium supply chain.June 6, 2023 | finance.yahoo.comBeam Global to Present at the LD Micro Invitational XIII 2023 ConferenceMay 25, 2023 | americanbankingnews.comBeam Global (NASDAQ:BEEM) vs. Canadian Solar (NASDAQ:CSIQ) Head to Head SurveyMay 23, 2023 | msn.comHC Wainwright & Co. Reiterates Beam Global (BEEM) Buy RecommendationMay 20, 2023 | americanbankingnews.comBeam Global to Post Q2 2023 Earnings of ($0.42) Per Share, Northland Capmk Forecasts (NASDAQ:BEEM)May 19, 2023 | finance.yahoo.comBeam Global to Participate at the B. Riley 23rd Annual Institutional Investor ConferenceJune 8, 2023 | Edge On The Street (Ad)The Real Problem With "Made in America" LithiumPoliticians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple. May 19, 2023 | americanbankingnews.comEquities Analysts Set Expectations for Beam Global's Q1 2024 Earnings (NASDAQ:BEEM)May 17, 2023 | markets.businessinsider.comAnalysts Offer Insights on Industrial Goods Companies: Gibson Energy (OtherGBNXF) and Beam Global (BEEM)May 16, 2023 | finance.yahoo.comEV charging infrastructure capacity 'will be essential' for grid independence: Beam Global CEOMay 15, 2023 | seekingalpha.comBeam Global GAAP EPS of -$0.38 beats by $0.07, revenue of $13.02M beats by $4.68MMay 12, 2023 | finance.yahoo.comBeam Global and ASP Isotopes Inc. Interviews to Air on Bloomberg U.S. on the RedChip Money Report(R)May 12, 2023 | finanznachrichten.deBeam Global and ASP Isotopes Inc. Interviews to Air on Bloomberg U.S. on the RedChip Money ReportMay 11, 2023 | finance.yahoo.comBeam Global is Issued a European Patent for Compact Transportation-Configurable EV ARC™ SystemsMay 11, 2023 | americanbankingnews.comQ1 2023 Earnings Estimate for Beam Global (NASDAQ:BEEM) Issued By B. RileyMay 9, 2023 | finance.yahoo.comWhy Beam Global (NASDAQ:BEEM) Could Be Worth WatchingMay 8, 2023 | americanbankingnews.comBeam Global (BEEM) Set to Announce Quarterly Earnings on MondayMay 6, 2023 | markets.businessinsider.comBeam Global Registered Shs hosts conference call for investorsMay 3, 2023 | finance.yahoo.comBeam Global to Release First Quarter 2023 Operating ResultsApril 18, 2023 | finance.yahoo.comBeam Global Receives Order from Top Global Automotive Manufacturer for Solar-Powered EV ARC™ Electric Vehicle Charging SystemsApril 18, 2023 | finance.yahoo.comThe Price Is Right For Beam Global (NASDAQ:BEEM) Even After Diving 25%April 13, 2023 | msn.comUnusual Call Option Trade in Beam Global (BEEM) Worth $29.96KApril 13, 2023 | americanbankingnews.comAnalyzing Beam Global (NASDAQ:BEEM) & Diodes (NASDAQ:DIOD)April 11, 2023 | msn.comBeam Global secures multi-million dollar contract from unnamed customerApril 11, 2023 | finance.yahoo.comBeam Global Receives Multi-Million Dollar Battery Module Order for an Industrial Product LineSee More Headlines BEEM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BEEM Company Calendar Last Earnings3/29/2023Today6/08/2023Next Earnings (Estimated)8/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorAuto/Tires/Trucks Current SymbolNASDAQ:BEEM CUSIPN/A CIK1398805 Webwww.envisionsolar.com Phone(858) 799-4583Fax858-799-4592Employees29Year FoundedN/APrice Target and Rating Average Stock Price Forecast$26.60 High Stock Price Forecast$40.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+128.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($2.10) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-19,680,000.00 Net Margins-67.96% Pretax Margin-67.95% Return on Equity-76.82% Return on Assets-50.80% Debt Debt-to-Equity RatioN/A Current Ratio1.31 Quick Ratio0.60 Sales & Book Value Annual Sales$22 million Price / Sales5.68 Cash FlowN/A Price / Cash FlowN/A Book Value$2.30 per share Price / Book5.05Miscellaneous Outstanding Shares10,760,000Free Float10,476,000Market Cap$125.03 million OptionableNot Optionable Beta0.60 Key ExecutivesDesmond WheatleyChairman, President & Chief Executive OfficerDavis NacamuOperations DirectorKatherine H. McDermottChief Financial OfficerSandra PetersonVice President-Sales & MarketingKey CompetitorsVroomNASDAQ:VRMREE AutomotiveNASDAQ:REEMotorcar Parts of AmericaNASDAQ:MPAAChina Automotive SystemsNASDAQ:CAASHyzon MotorsNASDAQ:HYZNView All CompetitorsInsiders & InstitutionsDesmond C WheatleySold 1,400 sharesTotal: $16,534.00 ($11.81/share)Legato Capital Management LLCBought 24,129 shares on 5/25/2023Ownership: 0.224%JPMorgan Chase & Co.Bought 47,563 shares on 5/18/2023Ownership: 0.442%State Street CorpBought 3,530 shares on 5/16/2023Ownership: 1.576%Hudson Bay Capital Management LPBought 45,000 shares on 5/16/2023Ownership: 0.418%View All Insider TransactionsView All Institutional Transactions BEEM Stock - Frequently Asked Questions Should I buy or sell Beam Global stock right now? 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Beam Global in the last twelve months. There are currently 1 hold rating and 4 buy ratings 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 forecast for 2023? 5 Wall Street analysts have issued 1-year target prices for Beam Global's stock. Their BEEM share price forecasts range from $15.00 to $40.00. On average, they predict the company's share price to reach $26.60 in the next year. This suggests a possible upside of 128.9% 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 2023? Beam Global's stock was trading at $17.47 at the start of the year. Since then, BEEM stock has decreased by 33.5% and is now trading at $11.62. View the best growth stocks for 2023 here. When is Beam Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, August 11th 2023. View our BEEM earnings forecast. How were Beam Global's earnings last quarter? Beam Global (NASDAQ:BEEM) announced its quarterly earnings data on Wednesday, March, 29th. The company reported ($0.77) earnings per share for the quarter, missing analysts' consensus estimates of ($0.45) by $0.32. The company earned $7.90 million during the quarter, compared to analysts' expectations of $7.42 million. Beam Global had a negative net margin of 67.96% and a negative trailing twelve-month return on equity of 76.82%. What ETFs hold Beam Global's stock? ETFs with the largest weight of Beam Global (NASDAQ:BEEM) stock in their portfolio include SPDR S&P Kensho Intelligent Structures ETF (SIMS), Invesco WilderHill Clean Energy ETF (PBW), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), Carbon Collective Climate Solutions U.S. Equity ETF (CCSO). 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 institutional and retail investors. Top institutional investors include State Street Corp (1.58%), BlackRock Inc. (1.49%), HRT Financial LP (0.94%), Essex Investment Management Co. LLC (0.89%), Deutsche Bank AG (0.65%) and Susquehanna International Group LLP (0.00%). 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 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 $11.62. How much money does Beam Global make? Beam Global (NASDAQ:BEEM) has a market capitalization of $125.03 million and generates $22 million in revenue each year. The company earns $-19,680,000.00 in net income (profit) each year or ($2.10) on an earnings per share basis. How can I contact Beam Global? Beam Global's mailing address is 5660 EASTGATE DRIVE, SAN DIEGO CA, 92121. The official website for the company is www.envisionsolar.com. The company can be reached via phone at (858) 799-4583, via email at tt@coreir.com, or via fax at 858-799-4592. 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