Analyst Price Target is $42.75
▲ +46.15% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Beam Global in the last 3 months. The average price target is $42.75, with a high forecast of $50.00 and a low forecast of $33.00. The average price target represents a 46.15% upside from the last price of $29.25.
Current Consensus is
The current consensus among 5 contributing investment analysts is to hold stock in Beam Global. This rating has held steady since April 2021, when it changed from a Buy consensus rating.
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 portfolio include EV ARC (electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-column mounted smart generation and energy storage system to provide a 50kW DC fast charge to one or more electric vehicles or larger vehicles; and EV ARC DCFC, a DC fast charging system for charging EVs. It is also developing EV-Standard, a lamp standard, EV charging, and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial drone (UAV) fleets. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in September 2020. Beam Global was founded in 2006 and is headquartered in San Diego, California.