H.C. Wainwright analyst Amit Dayal maintained a Buy rating on Beam Global (BEEM – Research Report) today and set a price target of $30.00. The company’s shares closed yesterday at $14.47.
According to TipRanks, Dayal is a top 100 analyst with an average return of 39.2% and a 41.68% success rate. Dayal covers the Industrial Goods sector, focusing on stocks such as Broadwind Energy, Ceco Environmental, and Lsi Industries.
Beam Global has an analyst consensus of Strong Buy, with a price target consensus of $31.67.
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Based on Beam Global’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6.61 million and a GAAP net loss of $6.79 million. In comparison, last year the company had a net profit of $0
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Envision Solar International, Inc. engages in the invention, design, engineering, manufacture, and sale of solar powered products. It offers solar powered products and proprietary technology solutions for electric vehicle charging infrastructure, out of home advertising platforms, and energy security and disaster preparedness. The company was founded by Robert Lane Noble on June 12, 2006 and is headquartered in San Diego, CA.
Read More on BEEM:
- Beam Global reports Q4 EPS (77c), consensus (41c)
- Beam Global Reports Fourth Quarter and Full Year 2022 Financial Results
- Beam Global (BEEM) Q4 Earnings Cheat Sheet
- Beam Global secures $100M credit facility
- Beam Global Schedules Fiscal 2022 Year-End Financial Results Conference Call for March 29, 2023 at 4:30 p.m. ET
