Beam GlobalBEEM
About: Beam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. Its products are founded upon its patented EV ARC and Solar Treelines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. From start to finish, the company develops, patents, designs, engineers, and manufactures renewably energized products that help the environment, empower communities, and keep people moving.
Employees: 323
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2% more funds holding
Funds holding: 54 [Q1] → 55 (+1) [Q2]
1.44% less ownership
Funds ownership: 19.11% [Q1] → 17.67% (-1.44%) [Q2]
36% less capital invested
Capital invested by funds: $18.5M [Q1] → $11.8M (-$6.64M) [Q2]
40% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 15
96% less call options, than puts
Call options by funds: $12K | Put options by funds: $294K
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
B. Riley Securities Christopher Souther 32% 1-year accuracy 6 / 19 met price target | 105%upside $10 | Buy Maintained | 14 Aug 2024 |
HC Wainwright & Co. Amit Dayal 42% 1-year accuracy 34 / 81 met price target | 516%upside $30 | Buy Reiterated | 14 Aug 2024 |
Financial journalist opinion
Based on 6 articles about BEEM published over the past 30 days