H.C. Wainwright downgraded Beam Global from Buy to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/30/2023 | Hold | Needham | |
| 2/13/2023 | $25.00 | Outperform | Northland Capital |
| 11/14/2022 | $30.00 | Neutral → Buy | H.C. Wainwright |
| 6/17/2022 | $23.00 | Buy | B. Riley Securities |
SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 monthsCommercial Revenues increased 41% over Q1 2024Positive GAAP Gross Margin 8%Adjusted non-GAAP Gross Margin, net of non-cash costs 21%Net cash used in Operations for Q1 2025 $1.8 million vs. Q1 2024 $3.0 millionBacklog of $6.3 millionDebt free and $100 million line of credit available and unused Q1 2025 and Recent Operati
SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q1 2025 operating results on Thursday, May 15, 2025 after the market closes. Management will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. Conference call details: Date: May 15, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free Dial-In Numb
SAN DIEGO, May 08, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced a broad range of new orders for its EV ARC™ off-grid solar-powered charging units, despite a reduction in federal demand. The 23% quarter-over-quarter increase in orders reflects growing demand for clean, resilient infrastructure solutions across a wide variety of sectors and regions. Recent orders were placed by a mix of municipal and county governments, state and federal agencies, environmental organizations, and private sector companies including those in construc
SC 13G/A - Beam Global (0001398805) (Subject)
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SC 13D/A - Beam Global (0001398805) (Subject)
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4 - Beam Global (0001398805) (Issuer)
SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its first quarter results for the period ended March 31, 2025. Q1 2025 Financial Highlights Revenue CAGR 60% for trailing 60 monthsCommercial Revenues increased 41% over Q1 2024Positive GAAP Gross Margin 8%Adjusted non-GAAP Gross Margin, net of non-cash costs 21%Net cash used in Operations for Q1 2025 $1.8 million vs. Q1 2024 $3.0 millionBacklog of $6.3 millionDebt free and $100 million line of credit available and unused Q1 2025 and Recent Operati
SAN DIEGO, May 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced that it will report its Q1 2025 operating results on Thursday, May 15, 2025 after the market closes. Management will host a conference call on Thursday, May 15, 2025 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management's formal remarks, there will be a question-and-answer session. Conference call details: Date: May 15, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free Dial-In Numb
SAN DIEGO, April 11, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, smart cities, and energy security, today announced its operating results for the year ended December 31, 2024. 2024 and Recent Company Highlights: Financial: Revenues of $49.3 million, more than double any previous year's revenue in the Company's history excluding 2023Five-year Revenue CAGR 68%Revenues from non-government commercial entities increased by 229% from 2023 to 2024Positive full year gross margins of 15% - an improvement of 13 percentage points over 2023Adjusted non-GAAP
10-Q - Beam Global (0001398805) (Filer)
8-K - Beam Global (0001398805) (Filer)
8-K - Beam Global (0001398805) (Filer)
Needham resumed coverage of Beam Global with a rating of Hold
Northland Capital initiated coverage of Beam Global with a rating of Outperform and set a new price target of $25.00
H.C. Wainwright upgraded Beam Global from Neutral to Buy and set a new price target of $30.00
SAN DIEGO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, is pleased to announce the appointment of Andy Lovsted as Vice President of Sales. In this role Mr. Lovsted will spearhead Beam Global's sales strategy to expand the company's footprint in electric vehicle (EV) infrastructure and energy security markets. Mr. Lovsted is a proven leader in managing sales for large enterprises and in emerging markets with over 20 years of executive leadership experience in the technology sector. He is recognized for his ability to transform sales organ
SAN DIEGO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced Beam Global and the company's products will be introduced in Ethiopia as a first move to support the African continent and serve the esteemed Ethiopian government in its progressive efforts to electrify transportation and build a more sustainable and adaptable energy infrastructure. The Government of Ethiopia (GOE) recently became the first country to ban and prohibit import of both new and used internal combustion engine vehicles, including gas and diesel, as part o
SAN DIEGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM, BEEMW))), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, announced that former Nuclear Navy Officer Mark Myers has joined the Beam Global executive team as chief operating officer (COO). Mr. Myers is a proven manufacturing and operations executive with over 20 years of experience leading lean transformations in design, manufacturing and logistics. He has a track record in scaling high-growth organizations with strong gains in efficiency while expanding and adding manufacturing facilities and entering new geographies. Previous sen