BEEM icon

Beam Global

2.88 USD
-0.11
3.68%
At close Dec 20, 4:00 PM EST
After hours
2.95
+0.07
2.43%
1 day
-3.68%
5 days
8.68%
1 month
-29.06%
3 months
-41.82%
6 months
-43.08%
Year to date
-56.76%
1 year
-54.14%
5 years
-29.58%
10 years
-47.06%
 

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

0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

5% more capital invested

Capital invested by funds: $11.9M [Q2] → $12.5M (+$565K) [Q3]

0.43% less ownership

Funds ownership: 17.75% [Q2] → 17.32% (-0.43%) [Q3]

9% less funds holding

Funds holding: 55 [Q2] → 50 (-5) [Q3]

18% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 11

38% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 13

90% less call options, than puts

Call options by funds: $37K | Put options by funds: $364K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$8
178%
upside
Avg. target
$8
178%
upside
High target
$8
178%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
HC Wainwright & Co.
Amit Dayal
39% 1-year accuracy
44 / 112 met price target
178%upside
$8
Buy
Maintained
19 Nov 2024

Financial journalist opinion

Based on 3 articles about BEEM published over the past 30 days

Neutral
GlobeNewsWire
1 week ago
Beam Global Announces Multi-Faceted Sales and Product Partnership with Benzina Zero
Benzina Zero's rugged e- mopeds and scooters are integrated into Beam Global's BeamWell™ desalination and delivery platform to provide clean water in global crisis zones Benzina Zero to market Beam Global's products in Australia and Italy representing further geographic growth for the Company Beam Global to integrate Benzina Zero e-mopeds, e-scooters and e-bikes in product bundles globally SAN DIEGO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced a partnership with Benzina Zero , an innovative provider of electric mopeds and scooters, electric bicycles and micro-mobility solutions. This unique partnership includes product integration and new sales channels, increasing opportunities for both companies.
Beam Global Announces Multi-Faceted Sales and Product Partnership with Benzina Zero
Positive
Green Stock News
2 weeks ago
Green Stock News for December 5, 2024: $AMBA $CLNE $HSAI $BEEM
Welcome to the green stock news brief for Wednesday, December 5th. Here are today's top headlines: Ambarella (NASDAQ: AMBA) and LG Electronics have partnered to showcase an advanced Driver Monitoring System (DMS) at CES 2025.
Green Stock News for December 5, 2024: $AMBA $CLNE $HSAI $BEEM
Neutral
GlobeNewsWire
2 weeks ago
Beam Global Achieves Build America, Buy America (BABA) Act Compliance for EV ARC™ Off-Grid Charging Infrastructure Product Lines
SAN DIEGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that its EV ARC™ off-grid charging infrastructure platform has achieved Build America, Buy America (BABA) Act compliance under the manufactured products designation. BABA compliance ensures that the EV ARC™ platform, along with the BeamBike™ and BeamPatrol™ product lines, are manufactured in the United States using sufficient materials sourced from the U.S., meeting federal domestic production requirements.
Beam Global Achieves Build America, Buy America (BABA) Act Compliance for EV ARC™ Off-Grid Charging Infrastructure Product Lines
Neutral
Seeking Alpha
1 month ago
Beam Global (BEEM) Q3 2024 Earnings Call Transcript
Beam Global (NASDAQ:BEEM ) Q3 2024 Results Conference Call November 15, 2024 4:30 PM ET Company Participants Lisa Potok - Chief Financial Officer Desmond Wheatley - Chairman, President, Chief Executive Officer Conference Call Participants Tate Sullivan - Maxim Group Noel Parks - Tuohy Brothers Operator Hello, and welcome to the Beam Global Third Quarter 2024 Operating Results Conference Call. All participants will be in listen-only mode.
Beam Global (BEEM) Q3 2024 Earnings Call Transcript
Neutral
GlobeNewsWire
1 month ago
Beam Global Announces Third Quarter 2024 Operating Results
SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the “Company”), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its third quarter results for the period ended September 30, 2024. Q3 2024 Financial Highlights: Gross Margin was 10.7% of sales, our highest Q3 margin ever, 9 percentage points increase over Q3 2023 YTD Gross Margin 12.4%, 11 percentage points increase over 2023  47.9% revenue derived from commercial customers Record Pipeline of over $200 million Backlog of $7 million Debt free and $100 million line of credit available and unused Q3 2024 Operational Highlights Acquisition of Telcom – provides Beam with in-house production capabilities for power electronics  First sponsorship deal with Globos Osiguranje to deploy EV ARC™ systems at Belgrade Airport Launched four new products – BeamSpot™, BeamBike™, BeamPatrol™, BeamWell™ BeamSpot™ momentum – first purchase within just five weeks of launch New fleet deployments – Added new police and international airport fleet customers, further expanding our customer base in critical sectors Reseller Program launch – Introduced the Beam Reseller Program and signed our first four partners, generating purchase orders, promising proposals and expanding our reach Delivered 10 UK Ministry of Defense EV ARC™ systems in Q3 2024, our first European order Named new VP of Sales – Andy Lovsted joined Beam Global in the US Named new VP of Sales – Igor Labovic joined Beam Global in Europe “This has been a quarter of geographic and product expansion which is unmatched in our history.
Beam Global Announces Third Quarter 2024 Operating Results
Neutral
GlobeNewsWire
1 month ago
Beam Global to Release Q3 2024 Operating Results Conference Call Scheduled for November 15, 2024 at 4:30 p.m. ET
SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), (the “Company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q3 2024 operating results on Friday, November 15, 2024 after the market closes. Management will host a conference call on Friday, November 15, 2024 at 4:30 p.m.
Beam Global to Release Q3 2024 Operating Results Conference Call Scheduled for November 15, 2024 at 4:30 p.m. ET
Neutral
GlobeNewsWire
1 month ago
Beam Global Secures First Sponsorship Deal with Globos Osiguranje to Deploy EV ARC™ Systems at Belgrade Airport
SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first sponsorship deal with Globos Osiguranje , one of Serbia's premier insurance companies. Under this deal, Globos Osiguranje has sponsored five EV ARC™ solar-powered EV charging stations that are now deployed at Belgrade Nikola Tesla Airport, Serbia's busiest international travel hub, and will provide free public electric vehicle (EV) charging.
Beam Global Secures First Sponsorship Deal with Globos Osiguranje to Deploy EV ARC™ Systems at Belgrade Airport
Neutral
GlobeNewsWire
1 month ago
Beam Global Launches the BeamPatrol™ Transportable Off-grid Law Enforcement Electric Motorcycle and Charging Bundle
SAN DIEGO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Beam Global (Nasdaq: BEEM ), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced the official launch of the BeamPatrol™ law enforcement electric motorcycle and charging product bundle. The off-grid charging station is a turnkey solution, powered by 100% renewable energy and equipped with four chargers and four electric motorcycles from Zero Motorcycles, a recognized brand in quality and performance already widely adopted by law enforcement.
Beam Global Launches the BeamPatrol™ Transportable Off-grid Law Enforcement Electric Motorcycle and Charging Bundle
Neutral
GlobeNewsWire
1 month ago
Beam Global Receives First Order for BeamSpot™ Curbside EV Chargers from Fortune 500 Utility Company
Beam Global Receives First Order for BeamSpot™ Curbside EV Chargers from Fortune 500 Utility Company. The order comes shortly after last month's launch.
Beam Global Receives First Order for BeamSpot™ Curbside EV Chargers from Fortune 500 Utility Company
Neutral
GlobeNewsWire
1 month ago
Beam Global Announces Appointment of Sales Veteran to Lead and Expand Internal and External Sales Teams
SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Beam Global , (Nasdaq: BEEM ), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, is pleased to announce the appointment of Andy Lovsted as Vice President of Sales. In this role Mr.
Beam Global Announces Appointment of Sales Veteran to Lead and Expand Internal and External Sales Teams
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