What is Beam Global's (Beem) stock price?
May 03, 2022 · Real-time trade and investing ideas on Beam Global BEEM from the largest community of traders and investors. Rooms Shows Rankings Earnings Newsletters Shop. Cancel. Log In. Sign Up. DOW 0.00%. S&P 500 0.00%. NASDAQ 0.00%. Trending now. Beam Global 17.34 0.97 (5.93%) Watch. Beam Global NASDAQ Updated May 3, 2022 11:46 PM.
Why should you buy Beam stock now?
Jan 04, 2021 · Shares of Beam Global ( BEEM 1.54%) have gotten crushed today, down by 31% as of 1:15 p.m. EST, ... Meanwhile, short interest has also fluctuated meaningfully along with the stock's volatility.
Where can I buy shares of Beem?
Apr 12, 2022 · Their forecasts range from $38.00 to $50.00. On average, they anticipate Beam Global's stock price to reach $43.33 in the next twelve months. This suggests a possible upside of 136.5% from the stock's current price. View analysts' price targets for Beam Global or view top-rated stocks among Wall Street analysts.
Are EV stocks overvalued?
Find the latest Beam Global (BEEM) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.
Is BEEM stock a good buy?
Will BEEM stock go up?
The 4 analysts offering 12-month price forecasts for Beam Global have a median target of 33.50, with a high estimate of 50.00 and a low estimate of 20.00. The median estimate represents a +85.70% increase from the last price of 18.04.
Is BEEM overvalued?
Valuation metrics show that Beam Global may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors.
What does BEEM Global do?
Is Beam Global a buy?
Will Bionano Genomics stock go up?
When did Beam Global Go Public?
Is Beem an American company?
Who is Beem it owned by?
What is EV arc?
Is Beam Global a buy right now?
5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Beam Global in the last year. There are currently 2 hold...
When is Beam Global's next earnings date?
Beam Global is scheduled to release its next quarterly earnings announcement on Tuesday, March 29th 2022. View our earnings forecast for Beam Glob...
How were Beam Global's earnings last quarter?
Beam Global (NASDAQ:BEEM) issued its earnings results on Thursday, November, 11th. The company reported ($0.19) earnings per share for the quarter,...
What price target have analysts set for BEEM?
5 brokerages have issued 12-month price targets for Beam Global's shares. Their forecasts range from $38.00 to $50.00. On average, they anticipate...
Who are Beam Global's key executives?
Beam Global's management team includes the following people: Desmond Wheatley , Chairman, President & Chief Executive Officer ( LinkedIn Profile...
Who are some of Beam Global's key competitors?
Some companies that are related to Beam Global include Meta Materials (MMAT) , Sequans Communications (SQNS) , ReneSola (SOL) , Arteris (AIP) ,...
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...
What is Beam Global's stock symbol?
Beam Global trades on the NASDAQ under the ticker symbol "BEEM."
Who are Beam Global's major shareholders?
Beam Global's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (10.83%), Blac...
Does Evan Niu have a position in Motley Fool?
Who is Evan from Motley Fool?
Evan Niu, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Is Beam Global a buy right now?
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
What stocks does MarketBeat like better than Beam Global?
6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Beam Global in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Beam Global stock.#N#View analyst ratings for Beam Global or view top-rated stocks.
When is Beam Global's next earnings date?
Wall Street analysts have given Beam Global a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Beam Global wasn't one of them.
How were Beam Global's earnings last quarter?
Beam Global is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.#N#View our earnings forecast for Beam Global.
What price target have analysts set for BEEM?
Beam Global (NASDAQ:BEEM) issued its quarterly earnings results on Wednesday, August, 11th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by $0.05. The firm had revenue of $2.12 million for the quarter, compared to analyst estimates of $1.75 million.
Who are some of Beam Global's key competitors?
6 Wall Street analysts have issued 12-month price objectives for Beam Global's stock. Their forecasts range from $33.00 to $50.00. On average, they anticipate Beam Global's share price to reach $40.75 in the next twelve months.
What other stocks do shareholders of Beam Global own?
Some companies that are related to Beam Global include Alpha and Omega Semiconductor (AOSL), Maxeon Solar Technologies (MAXN), Atomera (ATOM), Kopin (KOPN), DSP Group (DSPG), ReneSola (SOL), NeoPhotonics (NPTN), Ebang International (EBON), NVE (NVEC), Live Oak Acquisition Corp.
Recently Viewed Tickers
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)..
Beam Global
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Does Evan Niu have a position in Motley Fool?
Beam Global engages in the invention, design, engineering, manufacture, and sale of solar powered products. It offers solar powered products and proprietary technology solutions for electric vehicle charging infrastructure, out of home advertising platforms, and energy security and disaster preparedness.
Who is Evan from Motley Fool?
Evan Niu, CFA has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Beam Global (BEEM)
Evan is a Senior Technology Analyst at The Motley Fool. He was previously a Senior Trading Specialist at Charles Schwab, and worked briefly at Tesla. Evan graduated from the University of Texas at Austin, and is a CFA charterholder.
Style Scorecard
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
Chart for BEEM
The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.
Is Beam Therapeutics a buy right now?
Beam Global produces patented infrastructure products for the electrification of transportation. It produces products for electric vehicle charging, outdoor media and energy security. Beam Global, formerly known as Envision Solar, is based in San Diego California.
What stocks does MarketBeat like better than Beam Therapeutics?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Beam Therapeutics in the last twelve months. There are currently 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Beam Therapeutics stock.
When is Beam Therapeutics' next earnings date?
Wall Street analysts have given Beam Therapeutics a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Beam Therapeutics wasn't one of them.
How were Beam Therapeutics' earnings last quarter?
Beam Therapeutics is scheduled to release its next quarterly earnings announcement on Tuesday, November 9th 2021.#N#View our earnings forecast for Beam Therapeutics.
How has Beam Therapeutics' stock price been impacted by Coronavirus (COVID-19)?
Beam Therapeutics Inc. (NASDAQ:BEAM) posted its quarterly earnings results on Monday, August, 9th. The company reported ($1.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.74) by $0.49. The company had revenue of $0.01 million for the quarter, compared to analysts' expectations of $8.33 million.
What price target have analysts set for BEAM?
Beam Therapeutics' stock was trading at $21.25 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BEAM shares have increased by 393.0% and is now trading at $104.76.#N#View which stocks have been most impacted by COVID-19.
What is 's approval rating as Beam Therapeutics' CEO?
7 brokerages have issued 1-year target prices for Beam Therapeutics' shares. Their forecasts range from $85.00 to $149.00. On average, they anticipate Beam Therapeutics' share price to reach $113.80 in the next twelve months.
Summary
1 employees have rated Beam Therapeutics CEO on Glassdoor.com. has an approval rating of 100% among Beam Therapeutics' employees. This puts in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
Portfolio manager summary
Beam Global's primary product, the EV ARC, is a solar-powered EV charging carport whose main customers have been gov't entities.
Declining Revenue in the Face of a Massively Growing Sector
We believe two recent business press releases that were part of driving the stock recent parabolic move overstate reality – one gives us DÉJÀ VU as we believe BEEM recycled a 2017 item for one of these announcements
Significant revenue growth is unlikely to materialize
To put this in context of the industry – while BEEM’s unit volumes have fallen from 2018 through 3Q20, U.S. total solar capacity has increased 34% (Dec 2018 to Aug 2020), meaning solar power capacity is growing, but BEEM is just not participating:
NYC budget dollars are downward trending
There are two main indicators that suggest BEEM is unlikely to experience a dramatic increase in revenues.
Customer budgets in California are also shrinking
While New York City may be a moot point given it hasn’t ordered anything from BEEM since 2018, it’s still important to assess the city’s budget. The city division that has a contract with BEEM is the Department of Citywide Administrative Services, per the contract exhibit found in BEEM’s filings:
We believe that recent announcements are not substantial and unlikely to translate into meaningful revenue
We found several instances where named BEEM customers in California are reducing budget allocations to the departments most likely to purchase BEEM products.
Does Beam Global Have A Long Cash Runway?
BEEM recently made two business announcements that would suggest potential revenue upside:
How Well Is Beam Global Growing?
You can calculate a company's cash runway by dividing the amount of cash it has by the rate at which it is spending that cash. When Beam Global last reported its balance sheet in June 2021, it had zero debt and cash worth US$25m. Importantly, its cash burn was US$5.9m over the trailing twelve months.
How Easily Can Beam Global Raise Cash?
Some investors might find it troubling that Beam Global is actually increasing its cash burn, which is up 28% in the last year. The silver lining is that revenue was up 37%, showing the business is growing at the top line. Considering the factors above, the company doesn’t fare badly when it comes to assessing how it is changing over time.
Is Beam Global's Cash Burn A Worry?
There's no doubt Beam Global seems to be in a fairly good position, when it comes to managing its cash burn, but even if it's only hypothetical, it's always worth asking how easily it could raise more money to fund growth. Issuing new shares, or taking on debt, are the most common ways for a listed company to raise more money for its business.
