NASDAQ:BEEM Beam Global (BEEM) Stock Forecast, Price & News $7.38 -0.11 (-1.47%) (As of 09/29/2023 ET) Add Compare Share Share Today's Range$7.32▼$7.7650-Day Range$7.06▼$11.4852-Week Range$7.02▼$21.58Volume61,569 shsAverage Volume131,285 shsMarket Capitalization$102.88 millionP/E RatioN/ADividend YieldN/APrice Target$27.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Beam Global MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside265.9% Upside$27.00 Price TargetShort InterestBearish12.34% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.64Based on 6 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.13) to ($0.16) 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.1.67 out of 5 starsAuto/Tires/Trucks Sector79th out of 98 stocksSemiconductors & Related Devices Industry81st out of 90 stocks 3.4 Analyst's Opinion Consensus RatingBeam Global has received a consensus rating of Moderate 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 $27.00, Beam Global has a forecasted upside of 265.9% from its current price of $7.38.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 Shorted12.34% of the outstanding shares of Beam Global have been sold short.Short Interest Ratio / Days to CoverBeam Global has a short interest ratio ("days to cover") of 9.4.Change versus previous monthShort interest in Beam Global has recently increased by 6.17%, indicating that investor sentiment is decreasing significantly. 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 2.6 News and Social Media Coverage News SentimentBeam Global has a news sentiment score of 0.64. 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 news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Beam Global this week, compared to 1 article on an average week.Search InterestOnly 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 Follows8 people have added Beam Global to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Beam Global insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.01% of the stock of Beam Global is held by insiders.Percentage Held by InstitutionsOnly 28.26% 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 ($1.13) to ($0.16) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Beam Global is -3.45, 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 -3.45, 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 3.21. 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, 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.Read More BEEM Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BEEM Stock News HeadlinesSeptember 29, 2023 | finanznachrichten.deBeam Global Launches 160 mph Wind-Rated EV ARC Sustainable EV Charging Infrastructure ProductsSeptember 29, 2023 | stockhouse.comBeam Global Launches 160 mph Wind-Rated EV ARC(TM) Sustainable EV Charging Infrastructure ProductsOctober 1, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 29, 2023 | finance.yahoo.comBeam Global Launches 160 mph Wind-Rated EV ARC™ Sustainable EV Charging Infrastructure ProductsSeptember 26, 2023 | finance.yahoo.comBeam Global Completes Initial Deployment of Solar-Powered EV ARC™ Electric Vehicle Charging Systems for Top Global Automotive ManufacturerSeptember 15, 2023 | msn.comBeam Global: Why I Didn't Buy The EV Charging StorySeptember 7, 2023 | stockhouse.comBeam Global EV ARC(TM) Systems Continue to Operate Throughout Hurricane IdaliaSeptember 7, 2023 | finance.yahoo.comBeam Global EV ARC™ Systems Continue to Operate Throughout Hurricane IdaliaOctober 1, 2023 | Goldco (Ad)Warren Buffett: Stark Warning On InflationAccording to a recent letter to Berkshire Hathaway shareholders, “Billionaire Investment Guru Warren Buffett issues stark inflation warning”. The new numbers have shown a comeback for inflation, surging to its highest levels in six months, and it’s now looking like there’s little chance our policy makers can put this cat back in the bag. That’s why it’s critical you heed Warren’s Buffett’s advice and “brace yourself”, before it’s too late. Get your hands on this FREE Wealth Protection Kit today and learn how you could shield your savings and investments before it’s too late! August 15, 2023 | msn.comBeam Crushes Earnings and the Stock Falls. Investors Don't Like EV Charging Now.August 8, 2023 | finance.yahoo.comBeam Global to Release Second Quarter 2023 Operating Results, Conference Call Scheduled for August 14, 2023 at 4:30 p.m. ETAugust 3, 2023 | finance.yahoo.comThe City of Los Angeles Department of Recreation and Parks Strengthens its Commitment to Sustainability with Third Follow-On Order of Beam Global EV ARC™ Off-Grid Solar Charging SystemsJuly 27, 2023 | yahoo.coma16z-backed Eco unveils Beam, a P2P crypto transfer service aiming to be a 'global Venmo'July 13, 2023 | benzinga.comWatching Beam Global; Hearing Zacks Home Run Investor Newsletter Mentions Stock As BuyJuly 2, 2023 | msn.comBeam Global: Unique Value Proposition But Stock To Remain Under PressureJune 19, 2023 | finance.yahoo.comBeam Global Executes Binding LOI to Acquire Europe Based Amiga, Announces Pricing of Upsized $22.5 Million Public Offering of Common Stock and Announces Q2 Revenue and Unit GuidanceJune 19, 2023 | msn.comSan Diego electric vehicle charging company to acquire Serbian firm for $10MJune 16, 2023 | finance.yahoo.comBeam Global Executes Binding LOI to Acquire Europe Based Amiga, Announces Proposed Public Offering of Common Stock and Announces Q2 Revenue and Unit GuidanceJune 10, 2023 | finance.yahoo.comIs Beam Global (NASDAQ:BEEM) Worth US$10.9 Based On Its Intrinsic Value?June 8, 2023 | finance.yahoo.comBeam Global Awarded Gold Company of the Year in Stevie® 2023 American Business Awards®June 6, 2023 | finance.yahoo.comBeam Global to Present at the LD Micro Invitational XIII 2023 ConferenceMay 23, 2023 | msn.comHC Wainwright & Co. Reiterates Beam Global (BEEM) Buy RecommendationMay 19, 2023 | finance.yahoo.comBeam Global to Participate at the B. Riley 23rd Annual Institutional Investor ConferenceMay 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)See More Headlines 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 Company Calendar Last Earnings8/14/2023Today10/01/2023Next Earnings (Estimated)11/09/2023Fiscal 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) 799-4583Fax858-799-4592Employees101Year FoundedN/APrice Target and Rating Average Stock Price Forecast$27.00 High Stock Price Forecast$40.00 Low Stock Price Forecast$15.00 Forecasted Upside/Downside+265.9%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($2.14) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-19,680,000.00 Net Margins-48.43% Pretax Margin-48.40% Return on Equity-68.65% Return on Assets-46.67% Debt Debt-to-Equity RatioN/A Current Ratio4.06 Quick Ratio3.04 Sales & Book Value Annual Sales$22 million Price / Sales4.68 Cash FlowN/A Price / Cash FlowN/A Book Value$2.30 per share Price / Book3.21Miscellaneous Outstanding Shares13,940,000Free Float13,517,000Market Cap$102.88 million OptionableNot Optionable Beta0.63 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Desmond Wheatley (Age 57)Chairman, CEO, Pres & Sec. Comp: $783.97kMs. Katherine H. McDermott (Age 63)Chief Financial Officer Comp: $440kMs. Sandra Peterson (Age 60)VP of Sales & Marketing Comp: $279kMr. Davis NacamuDirector of OperationsMr. Bryan KennardChief Applications EngineerKey CompetitorsWestport Fuel SystemsNASDAQ:WPRTChina Automotive SystemsNASDAQ:CAASMullen AutomotiveNASDAQ:MULNStrattec SecurityNASDAQ:STRTSuperior Industries InternationalNYSE:SUPView All CompetitorsInsiders & InstitutionsLegato Capital Management LLCBought 8,139 shares on 8/18/2023Ownership: 0.231%Hudson Bay Capital Management LPBought 9,277 shares on 8/15/2023Ownership: 0.389%Boothbay Fund Management LLCBought 17,619 shares on 8/15/2023Ownership: 0.126%Citadel Advisors LLCSold 2,800 shares on 8/15/2023Ownership: 0.000%Quarry LPBought 6,520 shares on 8/15/2023Ownership: 0.047%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 "moderate 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 price objectives for Beam Global's stock. Their BEEM share price forecasts range from $15.00 to $40.00. On average, they anticipate the company's stock price to reach $27.00 in the next year. This suggests a possible upside of 265.9% 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 57.8% and is now trading at $7.38. View the best growth stocks for 2023 here. Are investors shorting Beam Global? Beam Global saw a increase in short interest in September. As of September 15th, there was short interest totaling 1,720,000 shares, an increase of 6.2% from the August 31st total of 1,620,000 shares. Based on an average daily trading volume, of 183,900 shares, the days-to-cover ratio is currently 9.4 days. View Beam Global's Short Interest. When is Beam Global's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our BEEM earnings forecast. How were Beam Global's earnings last quarter? Beam Global (NASDAQ:BEEM) released its quarterly earnings data on Monday, August, 14th. The company reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.30) by $0.02. The company had revenue of $17.82 million for the quarter, compared to analysts' expectations of $15.90 million. Beam Global had a negative trailing twelve-month return on equity of 68.65% and a negative net margin of 48.43%. 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." 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 $7.38. How much money does Beam Global make? Beam Global (NASDAQ:BEEM) has a market capitalization of $102.88 million and generates $22 million in revenue each year. The company earns $-19,680,000.00 in net income (profit) each year or ($2.14) on an earnings per share basis. How many employees does Beam Global have? The company employs 101 workers across the globe. 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. This page (NASDAQ:BEEM) was last updated on 10/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Beam Global Please log in to your account or sign up in order to add this asset to your watchlist. 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