Beam Global
BEEM

$6.18

4.04%

Market Cap: 89.8M

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

Information Technology Semiconductors & Related Devices

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

0

News positive %

of 5 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1.28% less ownership

Funds ownership: 20.27% [Q4 2023] → 18.99% (-1.28%) [Q1 2024]

10% less capital invested

Capital invested by funds: $20.4M [Q4 2023] → $18.4M (-$2.07M) [Q1 2024]

20% less funds holding

Funds holding: 65 [Q4 2023] → 52 (-13) [Q1 2024]

42% less call options, than puts

Call options by funds: $313K | Put options by funds: $543K

45% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 20

81% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 16

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Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$9

46%

upside

Avg. target

$21

240%

upside

High target

$30

385%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

HC Wainwright & Co. Amit Dayal	385%upside $30	Buy Reiterated	22 May 2024
Roth MKM Craig Irwin	46%upside $9	Buy Maintained	23 Apr 2024
B. Riley Securities Christopher Souther	143%upside $15	Buy Maintained	18 Apr 2024
HC Wainwright & Co. Amit Dayal	385%upside $30	Buy Reiterated	18 Apr 2024

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about BEEM published over the past 30 days

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Beam Global Receives Energy Storage Solution Order for Transport Refrigeration Units

SAN DIEGO, July 11, 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 Beam AllCell™ energy storage solutions have been selected by a leading provider of solar powered Transport Refrigeration Units (TRUs). The global Refrigerated Trailer market size was valued at USD 4.2 billion in 2023 and is forecast to grow to USD 6.3 billion by 2030, with North America and Europe experiencing steady growth in clean technology solutions for the industry driven by government initiatives and increasing consumer awareness.

Beam Global Receives Energy Storage Solution Order for Transport Refrigeration Units

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Beam Global Announces Record Q2 Purchase Orders and First EV ARC™ Shipments in Europe

Purchase orders up 128% year-over-year with over half of U.S. orders from new customers Beam Global ships first EV ARC™ systems for UK Ministry of Defence (MOD) from European facility Beam Global CEO Desmond Wheatley and the Company's executive team to ring the opening bell at Nasdaq today SAN DIEGO, July 02, 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 record Q2 new orders of $10.6 million, up 128% year-over-year. Beam Global expanded government contracts with new and repeat orders from state agencies in California, Massachusetts, Nevada and North Carolina and from 15 local government entities.

Beam Global Announces Record Q2 Purchase Orders and First EV ARC™ Shipments in Europe

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Green Stock News

Beam Global ($BEEM) Deploys Solar Powered EV Charging Systems in California to Meet Demand Growth

Beam Global (NASDAQ: BEEM), a leading provider of innovative electric vehicle charging solutions, has announced that the city of Vacaville, located in California, has deployed several EV ARC solar-powered EV charging systems for public use. The EV ARC systems fit standard parking spaces without reducing availability and are off-grid, eliminating the need for electrical work, construction, and utility bills.

Beam Global ($BEEM) Deploys Solar Powered EV Charging Systems in California to Meet Demand Growth

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