Beam Global (BEEM)
NASDAQ:BEEM
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Beam Global
(NASDAQ:BEEM)
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Rating:42Neutral
Price Target:
$1.50
▲(1.35% Upside)
Action:ReiteratedDate:01/16/26
The score is primarily weighed down by poor financial performance (declining revenue and large losses) despite low leverage. Technicals add pressure with the stock trading below key moving averages and a negative MACD. The earnings call provides some offset through cost improvement and expansion initiatives, but near-term fundamentals and execution risks remain significant; valuation is constrained by negative earnings and no dividend support.
Positive Factors
Differentiated off-grid EV charging
Beam’s core products are self-contained solar+storage EV charging systems that avoid utility hookups and construction. This business model targets customers needing rapid, resilient deployments (municipalities, fleets), supporting durable demand as EV adoption and resilience needs grow.
Negative Factors
Declining revenue and negative margins
Sustained revenue declines and deeply negative margins indicate the company struggles to cover fixed costs and create shareholder value. Without persistent revenue recovery or margin improvement, losses will erode equity and limit reinvestment capacity over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Differentiated off-grid EV charging
Beam’s core products are self-contained solar+storage EV charging systems that avoid utility hookups and construction. This business model targets customers needing rapid, resilient deployments (municipalities, fleets), supporting durable demand as EV adoption and resilience needs grow.
Read all positive factors
Beam Global (BEEM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$29.69M
Dividend YieldN/A
Average Volume (3M)1.54M
Price to Earnings (P/E)―
Beta (1Y)0.98
Revenue Growth-54.56%
EPS Growth-133.60%
CountryUS
Employees245
SectorTechnology
Sector Strength88
IndustrySolar
Share Statistics
EPS (TTM)-0.22
Shares Outstanding19,029,346
10 Day Avg. Volume711,729
30 Day Avg. Volume1,537,647
Financial Highlights & Ratios
PEG Ratio0.10
Price to Book (P/B)1.12
Price to Sales (P/S)0.94
P/FCF Ratio-15.34
Enterprise Value/Market Cap0.76
Enterprise Value/Revenue0.82
Enterprise Value/Gross Profit5.45
Enterprise Value/Ebitda-1.60
Forecast
1Y Price Target
$3.25Price Target Upside119.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)-0.75
Revenue Forecast (FY)$39.80M
Beam Global Business Overview & Revenue Model
Company Description
Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized products for electric vehicle (EV) charging infrastructure, outdoor media and branding, and energy security products. The company's product...
How the Company Makes Money
Beam Global generates revenue primarily through the sale of its EV charging products and systems, which are sold to municipalities, businesses, and other organizations looking to enhance their EV infrastructure. The company's revenue model is base...
Beam Global Earnings Call Summary
Earnings Call Date:Nov 14, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 14, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strategic expansions into new markets and innovative product developments, which are promising for future growth. However, the current quarter faced significant revenue and profit challenges due to order delays and geopolitical factors impacting sales. While the company is optimistic about future opportunities, current financial metrics are under pressure.Positive Updates
Beam Middle East Joint Venture
Beam Global established a joint venture with the Platinum Group in the Middle East, opening new offices in Abu Dhabi. This partnership is structured such that Beam Global will be reimbursed for all pre-profit costs from the first profits, creating a promising growth opportunity in the region.
Negative Updates
Revenue Decline
Q3 2025 revenues were $5.8 million, significantly down from $19.2 million year-to-date compared to $40.9 million in the same period of 2024, primarily due to delayed order timing.
Read all updates
Q3-2025 Updates
Positive
Negative
Beam Middle East Joint Venture
Beam Global established a joint venture with the Platinum Group in the Middle East, opening new offices in Abu Dhabi. This partnership is structured such that Beam Global will be reimbursed for all pre-profit costs from the first profits, creating a promising growth opportunity in the region.
Read all positive updates
Company Guidance
During the Beam Global Third Quarter 2025 Operating Results Conference Call, management provided several key metrics about the company's financial performance and strategic initiatives. The company reported revenues of $5.8 million for Q3 2025 and year-to-date revenues of $19.2 million as of September 2025, a decrease compared to $40.9 million for the same period in 2024, attributed mainly to order timing. Despite a negative gross profit of $28,000 for the quarter, the year-to-date gross margin was 10%, with expectations of future improvement due to synergies from acquisitions and reduced overhead costs. Operating expenses were reported at $4.8 million for Q3 2025, excluding significant noncash items, which marked a $1.5 million improvement from the prior year. Net loss for the quarter was $4.9 million, and cash balance stood at $3.3 million. The company's backlog was $8 million, and Beam Global is actively expanding its market presence through strategic partnerships, such as the Beam Middle East venture, which is expected to enhance future revenue streams.Beam Global Financial Statement Overview
Summary
Income Statement
35
Negative
Balance Sheet
45
Neutral
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 27.67M | 49.34M | 67.35M | 22.00M | 9.00M | 6.21M |
| Gross Profit | 4.14M | 7.30M | 1.20M | -1.67M | -971.00K | -710.97K |
| EBITDA | -14.12M | -6.84M | -14.17M | -18.56M | -6.47M | -5.16M |
| Net Income | -29.30M | -11.28M | -16.06M | -19.68M | -6.60M | -5.21M |
Balance Sheet | ||||||
| Total Assets | 44.60M | 61.46M | 77.64M | 37.73M | 30.66M | 32.90M |
| Cash, Cash Equivalents and Short-Term Investments | 3.35M | 4.57M | 10.39M | 1.68M | 21.95M | 26.70M |
| Total Debt | 1.34M | 1.93M | 1.27M | 1.70M | 2.08M | 2.43M |
| Total Liabilities | 18.08M | 20.17M | 28.10M | 14.52M | 4.68M | 3.75M |
| Stockholders Equity | 26.52M | 41.29M | 49.54M | 23.21M | 25.98M | 29.15M |
Cash Flow | ||||||
| Free Cash Flow | -6.64M | -3.02M | -14.36M | -18.99M | -6.99M | -4.50M |
| Operating Cash Flow | -5.85M | -2.19M | -13.31M | -18.11M | -6.41M | -4.14M |
| Investing Cash Flow | -799.00K | -4.05M | -5.71M | -1.81M | -582.00K | -358.90K |
| Financing Cash Flow | 6.57M | 1.20M | 27.72M | -342.00K | 2.24M | 27.35M |
Beam Global Technical Analysis
Neutral
1.48
Price Trends
1.51
Positive
1.63
Negative
2.08
Negative
Market Momentum
>-0.01
Negative
55.60
Neutral
86.18
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BEEM, the sentiment is Neutral. The current price of 1.48 is above the 20-day moving average (MA) of 1.47, below the 50-day MA of 1.51, and below the 200-day MA of 2.08, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 55.60 is Neutral, neither overbought nor oversold. The STOCH value of 86.18 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for BEEM.
Beam Global Risk Analysis
Beam Global disclosed 41 risk factors in its most recent earnings report. Beam Global reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Beam Global Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
43 Neutral | $73.22M | -3.53 | -20.84% | ― | 37.59% | 72.94% | |
42 Neutral | $29.69M | -2.62 | -80.33% | ― | -54.56% | -133.60% | |
42 Neutral | $23.49M | -0.39 | 54.21% | ― | -54.68% | 63.56% | |
40 Underperform | $30.79M | -6.49 | 0.21% | ― | 76.60% | 70.94% |
* Technology Sector Average
BEEM
Beam Global
1.56
-0.13
-7.69%
SPRU
Spruce Power Holding
4.03
1.93
91.90%
MAXN
Maxeon Solar Technologies
1.39
-1.58
-53.20%
SMXT
SolarMax Technology, Inc.
0.54
-0.60
-52.54%
Beam Global Corporate Events
Business Operations and Strategy
Beam Global Extends San Diego Headquarters Lease Agreement
Neutral
Jan 29, 2026
On January 26, 2026, Beam Global entered into a second lease extension agreement with landlord PNN Holdings, extending the company’s headquarters lease at 5660 Eastgate Drive in San Diego for an additional seven months from March 1, 2026, th...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.