Beam Global (NASDAQ:BEEM) price on Thursday, July 03, rose 8.05% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $1.61.
A look at the stock’s price movement, the close in the last trading session was $1.49, moving within a range at $1.49 and $1.62. The beta value (5-Year monthly) was 2.224. Turning to its 52-week performance, $7.68 and $1.33 were the 52-week high and 52-week low respectively. Overall, BEEM moved 5.23% over the past month.
Beam Global’s market cap currently stands at around $24.84 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-15.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BEEM is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 1 recommend BEEM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BEEM’s current price about 7.08% and 2.47% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.47, while 7-day volatility ratio is 8.28% and 7.16% in the 30-day chart. Further, Beam Global (BEEM) has a beta value of 2.06. Analysts have given the company’s stock an average 52-week price target of $25, forecast between a low of $10 and high of $40. Looking at the price targets, the low is -521.12% off current price level while to achieve the yearly target high, price needs to move -2384.47%. Nonetheless, investors will most likely welcome a -1452.8% jump to $25 which is the analysts’ median price.
If we refocus on Beam Global (NASDAQ:BEEM), historical trading data shows that trading volumes averaged 2.45 over the past 10 days and 520.66K over the past 3 months. The company’s latest data on shares outstanding shows there are 15.04 million shares.
The 10.40% of Beam Global’s shares are in the hands of company insiders while institutional holders own 13.31% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.8 million on 2025-06-13, giving us a short ratio of 6.63. The data shows that as of 2025-06-13 short interest in Beam Global (BEEM) stood at 543.0 of shares outstanding, with shares short falling to 0.89 million registered in 2025-05-15. Current price change has pushed the stock -63.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BEEM stock continues to rise going into the next quarter.
