
Beam Global (BEEM) Stock Forecast & Price Target
Beam Global (BEEM) Analyst Ratings
Bulls say
Beam Global is positioned to capture an increasing share of federal, state, and commercial spending on EV charging infrastructure, with EV ARC sales anticipated to grow beyond expectations following a demand resurgence. The company's non-grid-tied solutions provide a competitive advantage by facilitating earlier adoption due to their ease of setup, indicating a shift in market preference toward sustainable technology. As a result, Beam Global is expected to achieve adjusted EBITDA breakeven by 2028, supporting a positive long-term financial outlook.
Bears say
Beam Global's stock outlook is negatively impacted by a significant revenue shortfall, primarily due to a pause in federal government funding, which constituted over 50% of sales in the first quarter of 2024. Although Beam is shifting its focus to commercial and international markets, these segments have yet to scale sufficiently to compensate for the loss of government revenues. Additionally, the company's growth faces ongoing regulatory uncertainty, particularly related to the previous administration's stance on electric vehicles, which creates further challenges in a capital-intensive sector dependent on policy support.
This aggregate rating is based on analysts' research of Beam Global and is not a guaranteed prediction by Public.com or investment advice.
Beam Global (BEEM) Analyst Forecast & Price Prediction
Start investing in Beam Global (BEEM)
Order type
Buy in
Order amount
Est. shares
0 shares