From start to finish, the company develops, patents, designs, engineers, and manufactures renewably energized products that help the environment, empower communities and keep people moving. Its products are founded upon its patented EV ARC and Solar Treelines and include BeamTrak patented solar tracking, and ARC Technology energy storage, along with EV charging, outdoor media, and disaster preparedness packages. Its main product is the EV autonomous renewable charger, the EV ARC, a stand-alone solar. Meanwhile, the average Wall Street analyst rated the stock a Buy.īeam Global produces sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security, without the construction, disruption, and costs of grid-tied solutions. The next stock we’ll look at, Beam Global, lives at the intersection of solar power and EV charging. Green Stock News for the New Green Economy. Prior to the report, InvestorsObserver gave the stock an overall score of 35. Beam Global, (Nasdaq: BEEM, BEEMW), the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, en. Trading in the five days leading up to the report earned Beam Global a Bearish Sentiment Rank from InvestorsObserver. Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized infrastructure products for electric vehicle (EV) charging infrastructure, energy storage, energy security, disaster preparedness, and outdoor media advertising. Wall Street Analysts had an average rating of Buy on the stock prior to the report.
The stock is down 1.35% to $9.48 after the report.īeam Global's revenue expanded at a faster pace than earnings, signaling a decline in profit margins. The Company develops, manufactures and sells renewably energized infrastructure products for electric vehicle. In the same quarter a year ago, the company lost $0.28 per share on revenue of $3.7 million. Beam Global is a clean-technology company.
On the revenue line, the company reported $17.8 million, beating estimates by $2.8 million. Get the latest Beam Global (BEEM) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. Beam Global ( BEEM) said after close Monday that it lost $0.32 per share in quarter two 2023.
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