Beam Global (BEEM) Stock Forecast, Price Target & Predictions
BEEM Stock Forecast
Beam Global stock forecast is as follows: an average price target of $25.00 (represents a 414.40% upside from BEEM’s last price of $4.86) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.
BEEM Price Target
The average price target for Beam Global (BEEM) is $25.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $40.00 to $10.00. This represents a potential 414.40% upside from BEEM's last price of $4.86.
BEEM Analyst Ratings
According to 2 Wall Street analysts, Beam Global's rating consensus is 'Buy'. The analyst rating breakdown for BEEM stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Beam Global Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 14, 2024 | Christopher Souther | B.Riley Financial | $10.00 | $5.27 | 89.75% | 105.76% |
| Apr 18, 2024 | Christopher Souther | B.Riley Financial | $15.00 | $6.20 | 141.94% | 208.64% |
| Aug 15, 2022 | Tate Sullivan | Maxim Group | $40.00 | $17.36 | 130.41% | 723.05% |
The latest Beam Global stock forecast, released on Aug 14, 2024 by Christopher Souther from B.Riley Financial, set a price target of $10.00, which represents a 89.75% increase from the stock price at the time of the forecast ($5.27), and a 105.76% increase from BEEM last price ($4.86).
Beam Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $10.00 | $12.50 |
| Last Closing Price | $4.86 | $4.86 | $4.86 |
| Upside/Downside | -100.00% | 105.76% | 157.20% |
In the current month, the average price target of Beam Global stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Beam Global's last price of $4.86. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 22, 2024 | Needham | Hold | Hold | Hold |
| May 17, 2023 | Needham | Hold | Hold | Hold |
| Nov 14, 2022 | H.C. Wainwright | - | Buy | Upgrade |
Beam Global's last stock rating was published by Needham on May 22, 2024. The company gave BEEM a "Hold" rating, the same as its previous rate.
Beam Global Financial Forecast
Beam Global Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $16.49M | - | $13.02M | $7.90M | $6.61M | $3.72M | $3.77M | $3.49M | $2.02M | $2.12M | $1.37M | $2.20M | $1.24M | $1.46M | $1.32M | $495.88K | $1.79M |
| Avg Forecast | $29.25M | $28.08M | $26.78M | $25.25M | $30.80M | $28.90M | $20.35M | $22.20M | $18.86M | $15.22M | $16.99M | $17.71M | $17.36M | $16.54M | $13.51M | $8.34M | $7.26M | $4.29M | $3.84M | $3.06M | $2.99M | $3.11M | $1.91M | $1.59M | $1.57M | $1.17M | $1.40M | $600.00K | $1.90M | $1.80M |
| High Forecast | $29.25M | $28.08M | $26.78M | $25.25M | $30.80M | $28.90M | $20.35M | $22.20M | $18.86M | $16.03M | $16.99M | $17.71M | $20.49M | $16.62M | $13.51M | $8.34M | $7.26M | $4.29M | $3.84M | $3.06M | $2.99M | $3.11M | $1.91M | $1.59M | $1.57M | $1.17M | $1.40M | $600.00K | $1.90M | $1.80M |
| Low Forecast | $29.25M | $28.08M | $26.78M | $25.25M | $30.80M | $28.90M | $20.35M | $22.20M | $18.86M | $14.21M | $16.99M | $17.71M | $14.14M | $16.45M | $13.51M | $8.34M | $7.26M | $4.29M | $3.84M | $3.06M | $2.99M | $3.11M | $1.91M | $1.59M | $1.57M | $1.17M | $1.40M | $600.00K | $1.90M | $1.80M |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | - | 1.56% | 1.09% | 1.54% | 0.97% | 1.23% | 1.17% | 0.65% | 1.11% | 0.87% | 1.40% | 1.05% | 1.04% | 2.20% | 0.26% | 0.99% |
Beam Global's average Quarter revenue forecast for Dec 23 based on 3 analysts is $17.36M, with a low forecast of $14.14M, and a high forecast of $20.49M. BEEM's average Quarter revenue forecast represents a 5.32% increase compared to the company's last Quarter revenue of $16.49M (Sep 23).
Beam Global EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-3.26M | - | $-3.84M | $-7.81M | $-6.48M | $-2.51M | $-2.09M | $-1.97M | $-1.66M | $-1.62M | $-1.22M | $-2.32M | $-1.12M | $-819.88K | $-923.81K | $-1.37M | $-590.86K |
| Avg Forecast | $-19.27M | $-18.50M | $-17.64M | $-16.64M | $-20.29M | $-19.04M | $-13.41M | $-14.63M | $-12.43M | $-10.03M | $-11.20M | $-11.67M | $-11.44M | $-10.89M | $-8.90M | $-5.49M | $-4.78M | $-2.83M | $-2.53M | $-1.52M | $-1.97M | $-2.05M | $-1.26M | $-1.44M | $-1.03M | $-773.04K | $-922.38K | $-1.12M | $-1.25M | $-1.19M |
| High Forecast | $-19.27M | $-18.50M | $-17.64M | $-16.64M | $-20.29M | $-19.04M | $-13.41M | $-14.63M | $-12.43M | $-9.36M | $-11.20M | $-11.67M | $-9.32M | $-10.84M | $-8.90M | $-5.49M | $-4.78M | $-2.83M | $-2.53M | $-1.21M | $-1.97M | $-2.05M | $-1.26M | $-1.15M | $-1.03M | $-773.04K | $-922.38K | $-899.71K | $-1.25M | $-1.19M |
| Low Forecast | $-19.27M | $-18.50M | $-17.64M | $-16.64M | $-20.29M | $-19.04M | $-13.41M | $-14.63M | $-12.43M | $-10.56M | $-11.20M | $-11.67M | $-13.50M | $-10.95M | $-8.90M | $-5.49M | $-4.78M | $-2.83M | $-2.53M | $-1.82M | $-1.97M | $-2.05M | $-1.26M | $-1.72M | $-1.03M | $-773.04K | $-922.38K | $-1.35M | $-1.25M | $-1.19M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.30% | - | 0.70% | 1.63% | 2.29% | 0.99% | 1.37% | 1.00% | 0.81% | 1.28% | 0.85% | 2.24% | 1.44% | 0.89% | 0.82% | 1.10% | 0.50% |
undefined analysts predict BEEM's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Beam Global's previous annual EBITDA (undefined) of $NaN.
Beam Global Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-3.63M | - | $-3.83M | $-7.81M | $-6.77M | $-2.80M | $-2.28M | $-2.02M | $-1.69M | $-1.64M | $-1.25M | $-2.34M | $-1.10M | $-833.96K | $-942.52K | $-1.39M | $-610.36K |
| Avg Forecast | - | - | - | - | $508.65K | $72.67K | $-1.40M | $-1.36M | $-1.74M | $-2.33M | $-2.98M | $-4.39M | $-4.77M | $-4.73M | $-4.98M | $-6.54M | $-5.34M | $-3.49M | $-2.99M | $-1.52M | $-3.05M | $-3.14M | $-2.02M | $-1.47M | $-1.64M | $-2.18M | $-2.03M | $-1.15M | $-1.02M | $-2.03M |
| High Forecast | - | - | - | - | $508.65K | $72.67K | $-1.40M | $-1.36M | $-1.74M | $-2.18M | $-2.98M | $-4.39M | $-4.19M | $-4.73M | $-4.98M | $-6.54M | $-5.34M | $-3.49M | $-2.99M | $-1.21M | $-3.05M | $-3.14M | $-2.02M | $-1.18M | $-1.64M | $-2.18M | $-2.03M | $-917.93K | $-1.02M | $-2.03M |
| Low Forecast | - | - | - | - | $508.65K | $72.67K | $-1.40M | $-1.36M | $-1.74M | $-2.33M | $-2.98M | $-4.39M | $-5.15M | $-4.73M | $-4.98M | $-6.54M | $-5.34M | $-3.49M | $-2.99M | $-1.82M | $-3.05M | $-3.14M | $-2.02M | $-1.77M | $-1.64M | $-2.18M | $-2.03M | $-1.38M | $-1.02M | $-2.03M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.77% | - | 0.59% | 1.46% | 1.94% | 0.94% | 1.50% | 0.66% | 0.54% | 0.81% | 0.85% | 1.42% | 0.50% | 0.41% | 0.82% | 1.37% | 0.30% |
Beam Global's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. BEEM's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).
Beam Global SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $4.04M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $16.27M | $15.62M | $14.89M | $14.04M | $17.13M | $16.07M | $11.32M | $12.35M | $10.49M | $8.46M | $9.45M | $9.85M | $9.66M | $9.20M | $7.51M | $4.64M | $4.04M | $2.39M | $2.14M | $1.70M | $1.66M | $1.73M | $1.06M | $881.84K | $873.02K | $652.53K | $778.59K | $333.68K | $1.06M | $1.00M |
| High Forecast | $16.27M | $15.62M | $14.89M | $14.04M | $17.13M | $16.07M | $11.32M | $12.35M | $10.49M | $8.91M | $9.45M | $9.85M | $11.39M | $9.24M | $7.51M | $4.64M | $4.04M | $2.39M | $2.14M | $1.70M | $1.66M | $1.73M | $1.06M | $881.84K | $873.02K | $652.53K | $778.59K | $333.68K | $1.06M | $1.00M |
| Low Forecast | $16.27M | $15.62M | $14.89M | $14.04M | $17.13M | $16.07M | $11.32M | $12.35M | $10.49M | $7.90M | $9.45M | $9.85M | $7.86M | $9.15M | $7.51M | $4.64M | $4.04M | $2.39M | $2.14M | $1.70M | $1.66M | $1.73M | $1.06M | $881.84K | $873.02K | $652.53K | $778.59K | $333.68K | $1.06M | $1.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.44% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Beam Global's average Quarter SG&A projection for Dec 23 is $9.66M, based on 3 Wall Street analysts, with a range of $7.86M to $11.39M. The forecast indicates a 139.20% rise compared to BEEM last annual SG&A of $4.04M (Sep 23).
Beam Global EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.26 | - | $-0.38 | $-0.77 | $-0.67 | $-0.28 | $-0.24 | $-0.22 | $-0.19 | $-0.18 | $-0.14 | $-0.27 | $-0.17 | $-0.16 | $-0.18 | $-0.27 | $-0.12 |
| Avg Forecast | - | - | - | - | $0.04 | $0.01 | $-0.10 | $-0.09 | $-0.12 | $-0.16 | $-0.20 | $-0.30 | $-0.33 | $-0.33 | $-0.34 | $-0.45 | $-0.37 | $-0.24 | $-0.21 | $-0.18 | $-0.21 | $-0.22 | $-0.14 | $-0.17 | $-0.11 | $-0.15 | $-0.14 | $-0.23 | $-0.07 | $-0.14 |
| High Forecast | - | - | - | - | $0.04 | $0.01 | $-0.10 | $-0.09 | $-0.12 | $-0.15 | $-0.20 | $-0.30 | $-0.29 | $-0.33 | $-0.34 | $-0.45 | $-0.37 | $-0.24 | $-0.21 | $-0.18 | $-0.21 | $-0.22 | $-0.14 | $-0.17 | $-0.11 | $-0.15 | $-0.14 | $-0.23 | $-0.07 | $-0.14 |
| Low Forecast | - | - | - | - | $0.04 | $0.01 | $-0.10 | $-0.09 | $-0.12 | $-0.16 | $-0.20 | $-0.30 | $-0.35 | $-0.33 | $-0.34 | $-0.45 | $-0.37 | $-0.24 | $-0.21 | $-0.18 | $-0.21 | $-0.22 | $-0.14 | $-0.17 | $-0.11 | $-0.15 | $-0.14 | $-0.23 | $-0.07 | $-0.14 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.80% | - | 0.84% | 2.10% | 2.79% | 1.36% | 1.35% | 1.05% | 0.88% | 1.30% | 0.83% | 2.36% | 1.13% | 1.14% | 0.78% | 3.80% | 0.86% |
According to undefined Wall Street analysts, Beam Global's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to BEEM previous annual EPS of $NaN (undefined).
Beam Global Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SPWR | SunPower | $0.12 | $17.50 | 14483.33% | Hold |
| SEDG | SolarEdge | $13.53 | $172.60 | 1175.68% | Hold |
| NOVA | Sunnova Energy | $3.14 | $21.09 | 571.66% | Buy |
| BEEM | Beam Global | $4.86 | $25.00 | 414.40% | Buy |
| RUN | Sunrun | $10.23 | $34.35 | 235.78% | Buy |
| SHLS | Shoals Technologies Group | $5.71 | $17.63 | 208.76% | Buy |
| SOL | ReneSola | $2.13 | $5.75 | 169.95% | Buy |
| CSIQ | Canadian Solar | $12.10 | $19.50 | 61.16% | Sell |
| NXT | Nextracker | $40.14 | $56.36 | 40.41% | Buy |
| FSLR | First Solar | $193.93 | $239.46 | 23.48% | Buy |
| JKS | JinkoSolar | $23.05 | $23.80 | 3.25% | Sell |
| MAXN | Maxeon Solar | $8.82 | $3.75 | -57.48% | Hold |
BEEM Forecast FAQ
Is Beam Global a good buy?
Yes, according to 2 Wall Street analysts, Beam Global (BEEM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of BEEM's total ratings.
What is BEEM's price target?
Beam Global (BEEM) average price target is $25 with a range of $10 to $40, implying a 414.40% from its last price of $4.86. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Beam Global stock go up soon?
According to Wall Street analysts' prediction for BEEM stock, the company can go up by 414.40% (from the last price of $4.86 to the average price target of $25), up by 723.05% based on the highest stock price target, and up by 105.76% based on the lowest stock price target.
Can Beam Global stock reach $7?
BEEM's average twelve months analyst stock price target of $25 supports the claim that Beam Global can reach $7 in the near future.
What are Beam Global's analysts' financial forecasts?
Beam Global's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $102.25M (high $102.25M, low $102.25M), average EBITDA is $-67.367M (high $-67.367M, low $-67.367M), average net income is $-2.18M (high $-2.18M, low $-2.18M), average SG&A $56.86M (high $56.86M, low $56.86M), and average EPS is $-0.15 (high $-0.15, low $-0.15). BEEM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $109.37M (high $109.37M, low $109.37M), average EBITDA is $-72.056M (high $-72.056M, low $-72.056M), average net income is $0 (high $0, low $0), average SG&A $60.82M (high $60.82M, low $60.82M), and average EPS is $0 (high $0, low $0).
Did the BEEM's actual financial results beat the analysts' financial forecasts?
Based on Beam Global's last annual report (Dec 2022), the company's revenue was $22M, beating the average analysts forecast of $18.45M by 19.22%. Apple's EBITDA was $-19.716M, beating the average prediction of $-11.66M by 69.09%. The company's net income was $-19.682M, beating the average estimation of $-13.334M by 47.60%. Apple's SG&A was $0, missing the average forecast of $10.26M by -100.00%. Lastly, the company's EPS was $-1.99, beating the average prediction of $-0.991 by 100.76%. In terms of the last quarterly report (Sep 2023), Beam Global's revenue was $16.49M, missing the average analysts' forecast of $16.54M by -0.30%. The company's EBITDA was $-3.262M, missing the average prediction of $-10.895M by -70.06%. Beam Global's net income was $-3.629M, missing the average estimation of $-4.734M by -23.33%. The company's SG&A was $4.04M, missing the average forecast of $9.2M by -56.10%. Lastly, the company's EPS was $-0.26, missing the average prediction of $-0.326 by -20.17%