Beam Global (BEEM)
NASDAQ: BEEM · IEX Real-Time Price · USD
5.97
+0.03 (0.51%)
At close: Jul 19, 2024, 4:00 PM
6.25
+0.28 (4.69%)
Pre-market: Jul 22, 2024, 7:22 AM 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 18, with a low estimate of 9.00 and a high estimate of 30. The average target predicts an increase of 201.51% from the current stock price of 5.97.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 22, 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 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 Reiterates $30 | Strong Buy | Reiterates | $30 | +402.51% | May 22, 2024 |
| Needham | Needham | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | May 22, 2024 |
| Roth MKM | Roth MKM | Strong Buy Maintains $9 | Strong Buy | Maintains | $9 | +50.75% | Apr 23, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $30 | Strong Buy | Reiterates | $30 | +402.51% | Apr 18, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $18 → $15 | Strong Buy | Maintains | $18 → $15 | +151.26% | Apr 18, 2024 |
Financial Forecast
Revenue This Year
80.78M
from 67.35M
Increased by 19.94%
Revenue Next Year
113.90M
from 80.78M
Increased by 41.00%
EPS This Year
-0.82
from -1.30
EPS Next Year
-0.26
from -0.82
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 105.9M | 159.2M | 230.9M | 288.0M | 326.3M |
| Avg | 80.8M | 113.9M | 160.6M | 196.8M | 275.8M |
| Low | 62.1M | 91.2M | 105.3M | 117.4M | 225.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 57.3% | 97.1% | 102.8% | 79.3% | 65.8% |
| Avg | 19.9% | 41.0% | 41.0% | 22.5% | 40.2% |
| Low | -7.7% | 12.9% | -7.6% | -26.9% | 14.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -0.70 | 0.02 | 0.80 | 1.97 | 2.56 |
| Avg | -0.82 | -0.26 | 0.28 | 1.67 | 2.35 |
| Low | -1.12 | -0.59 | 0.01 | 1.36 | 2.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | - | - | 599.5% | 53.6% |
| Avg | - | - | - | 491.0% | 41.0% |
| Low | - | - | - | 382.7% | 27.5% |
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.