Beam Global (BEEM)
NASDAQ: BEEM · Real-Time Price · USD
3.240
-0.260 (-7.43%)
At close: Dec 30, 2024, 4:00 PM
3.160
-0.080 (-2.47%)
After-hours: Dec 30, 2024, 7:03 PM EST
Beam Global Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Beam Global stock have an average target of 9.00, with a low estimate of 8.00 and a high estimate of 10. The average target predicts an increase of 177.78% from the current stock price of 3.24.
Analyst Consensus: Strong Buy
* Price targets were last updated on Nov 19, 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '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 |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $30 → $8 | Strong Buy | Maintains | $30 → $8 | +146.91% | Nov 19, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Nov 18, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $11 → $10 | Strong Buy | Maintains | $11 → $10 | +208.64% | Aug 14, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +825.93% | Aug 14, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 14, 2024 |
Financial Forecast
Revenue This Year
54.76M
from 67.35M
Decreased by -18.70%
Revenue Next Year
67.97M
from 54.76M
Increased by 24.12%
EPS This Year
-0.73
from -1.30
EPS Next Year
-0.73
from -0.73
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 62.5M | 97.3M | 154.5M | |||
| Avg | 54.8M | 68.0M | 102.3M | |||
| Low | 50.9M | 54.0M | 74.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -7.2% | 77.8% | 127.3% | |||
| Avg | -18.7% | 24.1% | 50.4% | |||
| Low | -24.5% | -1.4% | 9.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -0.65 | -0.44 | 0.63 | |||
| Avg | -0.73 | -0.73 | -0.12 | |||
| Low | -0.74 | -1.03 | -0.82 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| 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.