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NASDAQ:BEEM

Beam Global (BEEM) Stock Price, News & Analysis

$4.57
-0.23 (-4.79%)
(As of 09/6/2024 ET)
Today's Range
$4.47
$4.83
50-Day Range
$4.37
$7.66
52-Week Range
$4.30
$8.73
Volume
53,307 shs
Average Volume
139,344 shs
Market Capitalization
$66.43 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$16.33

Beam Global MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
257.4% Upside
$16.33 Price Target
Short Interest
Bearish
10.52% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.86) to ($0.15) 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.

0.65 out of 5 stars

Auto/Tires/Trucks Sector

71st out of 80 stocks

Semiconductors & Related Devices Industry

82nd out of 85 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

Beam Global Closes Acquisition of Europe Based Telcom
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
BEEM Sep 2024 2.500 put (BEEM240920P00002500)
Biden’s Capital Gains Tax to Devastate Savings!
Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.
Beam Global (BEEM) Q2 2024 Earnings Call Transcript
BEEM Stock Earnings: Beam Glb Misses EPS, Misses Revenue for Q2 2024
See More Headlines
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Company Calendar

Last Earnings
8/13/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Electronic Equipment
Current Symbol
NASDAQ:BEEM
Employees
90
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$16.33
High Stock Price Target
$30.00
Low Stock Price Target
$9.00
Potential Upside/Downside
+257.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-16,060,000.00
Pretax Margin
-25.27%

Debt

Sales & Book Value

Annual Sales
$65.89 million
Book Value
$2.97 per share

Miscellaneous

Free Float
14,099,000
Market Cap
$66.43 million
Optionable
Optionable
Beta
0.87
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BEEM Stock Analysis - Frequently Asked Questions

How have BEEM shares performed this year?

Beam Global's stock was trading at $7.09 at the beginning of 2024. Since then, BEEM stock has decreased by 35.5% and is now trading at $4.57.
View the best growth stocks for 2024 here
.

How were Beam Global's earnings last quarter?

Beam Global (NASDAQ:BEEM) announced its quarterly earnings results on Tuesday, August, 13th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.06. The firm had revenue of $14.81 million for the quarter, compared to analysts' expectations of $16.30 million. Beam Global had a negative net margin of 25.27% and a negative trailing twelve-month return on equity of 29.07%.

Who are Beam Global's major shareholders?

Top institutional shareholders of Beam Global include Oak Family Advisors LLC (0.36%) and XTX Topco Ltd (0.07%). Insiders that own company stock include Townsend Battery Partners, Llc and Desmond C Wheatley.
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.

What other stocks do shareholders of Beam Global own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Beam Global investors own include Tesla (TSLA), Aimmune Therapeutics (AIMT), Intuitive Surgical (ISRG), Ballard Power Systems (BLDP), Blink Charging (BLNK), NIO (NIO) and Nikola (NKLA).

This page (NASDAQ:BEEM) was last updated on 9/7/2024 by MarketBeat.com Staff

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