Beam Global (BEEM) Stock Forecast, Price Target & Predictions
BEEM Stock Forecast
Beam Global stock forecast is as follows: an average price target of $10.00 (represents a 247.22% upside from BEEM’s last price of $2.88) 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 $10.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $10.00 to $10.00. This represents a potential 247.22% upside from BEEM's last price of $2.88.
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% | 247.22% |
| Apr 18, 2024 | Christopher Souther | B.Riley Financial | $15.00 | $6.20 | 141.94% | 420.83% |
| Aug 15, 2022 | Tate Sullivan | Maxim Group | $40.00 | $17.36 | 130.41% | 1288.89% |
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 247.22% increase from BEEM last price ($2.88).
Beam Global Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 2 |
| Avg Price Target | - | - | $12.50 |
| Last Closing Price | $2.88 | $2.88 | $2.88 |
| Upside/Downside | -100.00% | -100.00% | 334.03% |
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 $2.88. This month's average price target is down NaN% 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 | $20.27M | $17.43M | $15.85M | $14.65M | $13.98M | $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 | $38.24M | $36.71M | $35.00M | $33.00M | $26.49M | $22.78M | $20.72M | $19.15M | $16.80M | $19.89M | $22.21M | $23.15M | $20.49M | $16.62M | $17.66M | $10.90M | $9.49M | $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 | $24.98M | $23.98M | $22.87M | $21.56M | $17.31M | $14.88M | $13.54M | $12.51M | $9.37M | $13.00M | $14.51M | $15.13M | $14.14M | $16.45M | $11.54M | $7.12M | $6.20M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 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 | $-18.88M | $-18.13M | $-17.28M | $-16.30M | $-13.08M | $-11.25M | $-10.23M | $-9.46M | $-9.02M | $-9.82M | $-10.97M | $-11.43M | $-11.21M | $-10.67M | $-8.72M | $-5.38M | $-4.69M | $-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 | $-16.13M | $-15.48M | $-14.76M | $-13.92M | $-11.17M | $-9.60M | $-8.74M | $-8.08M | $-6.05M | $-8.39M | $-9.37M | $-9.76M | $-9.13M | $-10.62M | $-7.45M | $-4.60M | $-4.00M | $-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 | $-24.68M | $-23.69M | $-22.59M | $-21.30M | $-17.10M | $-14.70M | $-13.37M | $-12.36M | $-10.85M | $-12.84M | $-14.33M | $-14.94M | $-13.22M | $-10.73M | $-11.40M | $-7.03M | $-6.12M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.31% | - | 0.71% | 1.67% | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 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 | - | - | - | - | $-1.29M | $-1.88M | $-2.65M | $-2.55M | $-3.56M | $-2.35M | $-3.02M | $-4.44M | $-4.83M | $-4.79M | $-5.04M | $-6.62M | $-5.41M | $-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 | - | - | - | - | $-1.04M | $-1.53M | $-2.15M | $-2.36M | $-2.81M | $-1.91M | $-2.44M | $-3.60M | $-4.25M | $-3.88M | $-4.08M | $-5.36M | $-4.38M | $-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 | - | - | - | - | $-1.80M | $-2.63M | $-3.70M | $-2.73M | $-4.87M | $-3.29M | $-4.22M | $-6.22M | $-5.21M | $-6.70M | $-7.05M | $-9.26M | $-7.56M | $-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 % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.76% | - | 0.58% | 1.44% | 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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 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 | $11.27M | $9.69M | $8.81M | $8.15M | $7.78M | $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 | $21.26M | $20.41M | $19.46M | $18.35M | $14.73M | $12.67M | $11.52M | $10.65M | $9.35M | $11.06M | $12.35M | $12.87M | $11.39M | $9.24M | $9.82M | $6.06M | $5.28M | $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 | $13.89M | $13.34M | $12.72M | $11.99M | $9.63M | $8.28M | $7.53M | $6.96M | $5.21M | $7.23M | $8.07M | $8.41M | $7.86M | $9.15M | $6.42M | $3.96M | $3.45M | $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 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 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 | - | - | - | - | $-0.09 | $-0.13 | $-0.18 | $-0.17 | $-0.24 | $-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 | - | - | - | - | $-0.07 | $-0.10 | $-0.15 | $-0.16 | $-0.19 | $-0.13 | $-0.17 | $-0.24 | $-0.29 | $-0.26 | $-0.28 | $-0.36 | $-0.30 | $-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 | - | - | - | - | $-0.12 | $-0.18 | $-0.25 | $-0.19 | $-0.33 | $-0.22 | $-0.29 | $-0.42 | $-0.35 | $-0.46 | $-0.48 | $-0.63 | $-0.51 | $-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 |
|---|---|---|---|---|---|
| BEEM | Beam Global | $2.87 | $10.00 | 248.43% | Buy |
| SOL | ReneSola | $1.86 | $5.75 | 209.14% | Buy |
| NOVA | Sunnova Energy | $4.20 | $10.22 | 143.33% | Buy |
| RUN | Sunrun | $10.06 | $23.17 | 130.32% | Buy |
| SEDG | SolarEdge | $14.37 | $26.60 | 85.11% | Hold |
| SHLS | Shoals Technologies Group | $4.92 | $7.72 | 56.91% | Buy |
| NXT | Nextracker | $35.72 | $55.25 | 54.68% | Buy |
| CSIQ | Canadian Solar | $11.67 | $17.67 | 51.41% | Buy |
| FSLR | First Solar | $188.27 | $275.50 | 46.33% | Buy |
| JKS | JinkoSolar | $26.56 | $20.00 | -24.70% | Sell |
| MAXN | Maxeon Solar | $6.15 | $3.75 | -39.02% | Sell |