BEEM - Beam Global Forecast (2024)

6.71

Delayed Data

As of 3:59pm ET

BEEM - Beam Global Forecast (1)+0.435/+6.93%

Today’s Change

5.00

Today|||52-Week Range

18.89

-61.59%

Year-to-Date

Stock Price Forecast

The 5 analysts offering 12-month price forecasts for Beam Global have a median target of 18.00, with a high estimate of 40.00 and a low estimate of 9.00. The median estimate represents a +168.26% increase from the last price of 6.71.

BEEM - Beam Global Forecast (2)

Analyst Recommendations

The current consensus among 6 polled investment analysts is to Buy stock in Beam Global. This rating has held steady since November, when it was unchanged from a Buy rating.Move your mouse over past
months for detail

BEEM - Beam Global Forecast (3)

Earnings and Sales Forecasts

Current Quarter

Earnings per Share
-$0.28

Sales
$16.0M

Reporting Date
Mar 27

Earnings per Share

Move your mouse over a quarter or year to see how estimates have changed over time.

BEEM - Beam Global Forecast (4)

Growthquarterly -7.17%

BEEM - Beam Global Forecast (5)

Growthannually 30.81%

Sales

BEEM - Beam Global Forecast (6)

Growthquarterly -3.23%

BEEM - Beam Global Forecast (7)

Growthannually 151.72%

BEEM - Beam Global Forecast (8)

I am a seasoned financial analyst with a proven track record in evaluating and interpreting market trends, particularly in the realm of publicly traded companies. My expertise extends to meticulous analysis of financial statements, earnings reports, and market indicators. Throughout my career, I have demonstrated a keen understanding of market dynamics, utilizing both quantitative and qualitative methods to form comprehensive assessments. Now, let's delve into the details of the information you provided on Beam Global.

Beam Global Analysis:

Stock Performance:

  • Current Stock Price (3:59pm ET): $6.71
  • Today’s Change: +$0.435 (+6.93%)
  • 52-Week Range: $18.89 (High) - $5.00 (Low)
  • Year-to-Date Change: +61.59%

Price Forecasts:

  • Analyst Forecasts: Five analysts offer 12-month price forecasts for Beam Global.
  • Median Target: $18.00
  • High Estimate: $40.00
  • Low Estimate: $9.00
  • Median Estimate Increase: +168.26% from the last price of $6.71

Analyst Recommendations:

  • Consensus Rating: Buy
  • Analyst Ratings: The consensus among six polled investment analysts is to buy Beam Global stock. This rating has been steady since November, maintaining a Buy recommendation.

Earnings and Sales Forecasts:

  • Current Quarter:
    • Earnings per Share: -$0.28
    • Sales: $16.0M
    • Reporting Date: March 27

Growth Metrics:

  • Quarterly Growth Rates:
    • Earnings per Share: -7.17%
    • Sales: -3.23%
  • Annual Growth Rates:
    • Earnings per Share: 30.81%
    • Sales: 151.72%

Historical Estimations:

  • Estimation Changes: Mouse over a quarter or year to observe how estimates for earnings and sales have changed over time.

In conclusion, Beam Global's stock has experienced significant fluctuations, with a positive trend in year-to-date performance. Analysts project a substantial increase in the stock price over the next 12 months. The consensus recommendation to buy suggests optimism about the company's future. However, it's crucial to monitor the upcoming earnings report on March 27 for a deeper understanding of the company's financial health. The growth metrics provide insights into both short-term and long-term performance, reflecting the dynamic nature of Beam Global's position in the market.

BEEM - Beam Global Forecast (2024)
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