Beam Global (BEEM)
NASDAQ: BEEM · Real-Time Price · USD
5.03
0.00 (0.00%)
At close: Nov 1, 2024, 4:00 PM
5.10
+0.07 (1.39%)
After-hours: Nov 1, 2024, 4:35 PM EDT
Beam Global Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Beam Global stock have an average target of 16.33, with a low estimate of 9.00 and a high estimate of 30. The average target predicts an increase of 224.65% from the current stock price of 5.03.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 14, 2024.
Analyst Ratings
The average analyst rating for Beam Global stock from 4 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +98.81% | Aug 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +496.42% | Aug 14, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +496.42% | May 22, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 22, 2024 |
Financial Forecast
Revenue This Year
64.74M
from 67.35M
Decreased by -3.88%
Revenue Next Year
98.35M
from 64.74M
Increased by 51.92%
EPS This Year
-0.85
from -1.30
EPS Next Year
-0.19
from -0.85
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 70.8M | 117.7M | 190.9M | ||
| Avg | 64.7M | 98.4M | 143.1M | ||
| Low | 55.2M | 75.8M | 92.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.1% | 81.8% | 94.1% | ||
| Avg | -3.9% | 51.9% | 45.5% | ||
| Low | -18.1% | 17.0% | -6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.75 | 0.16 | 0.78 | ||
| Avg | -0.85 | -0.19 | 0.40 | ||
| Low | -0.86 | -0.59 | -0.25 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | ||
| Avg | - | - | - | ||
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.