Equities Analysts Issue Forecasts for Beam Global’s FY2028 Earnings (NASDAQ:BEEM)

Beam Global (NASDAQ:BEEM) – Equities researchers at HC Wainwright issued their FY2028 earnings estimates for shares of Beam Global in a research note issued to investors on Thursday, April 18th. HC Wainwright analyst A. Dayal anticipates that the company will post earnings per share of $2.75 for the year. HC Wainwright currently has a “Buy” rating and a $30.00 target price on the stock. The consensus estimate for Beam Global’s current full-year earnings is ($0.50) per share.

A number of other analysts have also recently weighed in on the stock. B. Riley lowered their price target on shares of Beam Global from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Thursday, April 18th. Needham & Company LLC restated a “hold” rating on shares of Beam Global in a report on Thursday, April 18th. Finally, Roth Mkm restated a “buy” rating and issued a $9.00 price target on shares of Beam Global in a report on Tuesday.

Beam Global Stock Performance

NASDAQ:BEEM opened at $6.60 on Monday. Beam Global has a fifty-two week low of $5.00 and a fifty-two week high of $13.66. The stock has a market capitalization of $95.30 million, a P/E ratio of -4.49 and a beta of 0.82. The company’s 50-day simple moving average is $6.72 and its 200-day simple moving average is $6.47.

Institutional Trading of Beam Global

A number of institutional investors have recently bought and sold shares of BEEM. Calton & Associates Inc. acquired a new stake in Beam Global in the 3rd quarter worth approximately $143,000. Jump Financial LLC acquired a new stake in Beam Global during the 3rd quarter valued at approximately $130,000. Barclays PLC acquired a new stake in Beam Global during the 3rd quarter valued at approximately $128,000. Pathstone Family Office LLC lifted its stake in Beam Global by 13.9% during the 3rd quarter. Pathstone Family Office LLC now owns 18,850 shares of the company’s stock valued at $139,000 after acquiring an additional 2,305 shares during the period. Finally, AWM Investment Company Inc. lifted its stake in Beam Global by 39.4% during the 3rd quarter. AWM Investment Company Inc. now owns 592,363 shares of the company’s stock valued at $4,372,000 after acquiring an additional 167,363 shares during the period. 26.59% of the stock is currently owned by institutional investors and hedge funds.

About Beam Global

Beam Global, a clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions. Its product portfolio includes EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a mounting asset and a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 150kW DC fast charge to one or more electric vehicles, such as electric buses, heavy-duty vehicles, agricultural equipment, public transportation, and electric vehicles used in the construction industry; and EV ARC DCFC, a DC fast charging system for charging EVs.