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.
IPO Year:
Exchange: NASDAQ
Website: beamforall.com
| 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 |
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SAN DIEGO, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, announced today that the City of Dallas has placed an order for seven additional EV ARC™ sustainable electric vehicle (EV) charging systems. This marks the City's third EV ARC™ deployment and fourth overall Beam Global purchase. The systems will be used to charge the City's growing fleet of EVs, including electric pickup trucks. Each EV ARC™ generates and stores its own clean electricity and can be deployed without construction, electrical work, or a util
SAN DIEGO, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced its third quarter results for the period ended September 30, 2025. Recent Operational Highlights ●Opened Beam Middle East offices and entered the MEA market through a joint venture with the Platinum Group in Abu Dhabi ●Deployed EV ARC™ and BeamBike™ systems in Abu Dhabi ●Deployed BeamWell™ product in Jordan for Royal Jordanian Armed Forces ●Deployed BeamBike™ product for tribal communities in the United States ●Signed rese
SAN DIEGO, Nov. 12, 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 Q3 2025 operating results on Friday, November 14, 2025 after the market closes. Management will host a conference call on Friday, November 14, 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: November 14, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free D
SAN DIEGO, Nov. 12, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security, and smart city infrastructure, today announced that it has been awarded a cooperative purchasing contract by Sourcewell, in the Electric Vehicle Supply Equipment with Related Services category. This allows Beam Global to expand its offerings to U.S. Military, state and local government agencies, and higher education institutions across North America.Sourcewell combines the purchasing power of over 50,000 participating public agencies, offering hundreds of awarded supplier contracts acr
SAN DIEGO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, announced today that Beam Middle East will showcase its EV ARC™ solar-powered electric vehicle (EV) charging system and BeamBike™ off-grid eBike charging system at DRIFTx, taking place November 10-12, 2025, at Yas Marina Circuit in Abu Dhabi, United Arab Emirates (UAE). The event, part of Abu Dhabi Autonomous Week and organized by the Smart and Autonomous Systems Council is the region's flagship exhibition for smart and autonomous mobility, led by the Abu
SAN DIEGO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted a new patent by the China National Intellectual Property Administration. The patent, titled Light Tracking Assembly for Solar and Wind Power Energy, covers Beam Global's proprietary tracking technology that enables optimal solar energy capture in hybrid solar-wind systems without interference from the wind turbine. The China National Intellectual Property Administration granted Patent No. ZL202080074034.9 (Publication No. CN114902807B) for Beam Global's innovation.
SAN DIEGO, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted another new patent by the United States Patent Office. The patent covers Beam Global's Intelligent Battery Thermal Management (iBTM) system, which enables fast charging of lithium-ion batteries under extreme cold conditions. The patent is titled Fast Charging Batteries at Low Temperatures with Battery Pack Preheating. The U.S. Patent Office granted Patent No. US 12,431,549 for Beam Global's iBTM technology. Unlike conventional fast-charging solutions that rely hea
SAN DIEGO, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, has been granted another new patent by the United States Patent Office. The patent covers Beam Global's Phase Change Composite (PCC™) material for Lithium-ion batteries and is titled Smart Phase Change Composite for Passive Thermal Management. The U.S. Patent Office granted Patent No. US 12,422,195 for Beam Global's PCC™ material. Unlike conventional solutions, the Smart PCC™ material acts as a thermal switch, insulating the battery when cold and cooling the battery when hot. Th
SAN DIEGO, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security, and smart city infrastructure, today announced that the U.S. General Services Administration (GSA) has renewed its Multiple Award Schedule (MAS) contract through October 31, 2030. The contract includes exercise options which could extend Beam's availability on the GSA MAS schedule through October 31, 2040. As part of this renewal, Beam Global's offerings have been added to Special Item Number (SIN) 334512 (Total Solution Support Products for Facilities Management Syst
SAN DIEGO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced its second quarter results for the period ended June 30, 2025. Financial Highlights 12% Revenue increase from Q1 2025 to Q2 202560% of Revenues from Non-Government Commercial Entities YTD June 30, 202537% of revenues from International operations YTD June 30, 2025Positive GAAP Gross Margin 20% for Q2 2025, a 4-percentage point increase over Q2 2024Adjusted non-GAAP Gross Margin, net of non-cash costs 30% for Q2 2025, a 12
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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
B. Riley Securities initiated coverage of Beam Global with a rating of Buy and set a new price target of $23.00
Roth Capital reiterated coverage of Beam Global with a rating of Buy and set a new price target of $38.00 from $65.00 previously
Maxim Group reiterated coverage of Beam Global with a rating of Buy and set a new price target of $50.00 from $90.00 previously
Needham initiated coverage of Beam Global with a rating of Hold
H.C. Wainwright downgraded Beam Global from Buy to Neutral
Cowen initiated coverage of Beam Global with a rating of Market Perform and set a new price target of $33.00
Cowen initiated coverage of Beam Global with a rating of Market Perform and set a new price target of $33.00
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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
SAN DIEGO, Jan. 16, 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 the U.S. Army Corps of Engineers, Army Material Command (AMC) placed an order for 88 EV ARC™ sustainable off-grid charging systems. The systems will be deployed across 21 locations in 16 states. The purchase was made through GSA Multiple Award Schedule (MAS) Contract Number 47QSWA21D0006 which simplifies the federal procurement process and ensures best pricing. The U.S. Army is building a more sustainable and energy-resilient future for its fleet and its f
SAN DIEGO, Dec. 06, 2023 (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 Lisa Potok has joined the Beam Global executive team as chief financial officer. Ms. Potok is an innovative and strategically focused financial executive with Fortune 500, small and medium-sized company and international experience. She has consistently contributed to growth in profitability while managing public offerings, acquisitions and other strategic initiatives. Immediately prior to her appointment at Beam Global, Ms. Potok was the CFO, Treasurer and
SAN DIEGO, Dec. 05, 2023 (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 Judy Krandel has joined the Beam Global board of directors. Ms. Krandel joins Beam Global's board as an independent board member and Chair of the Audit Committee, with an impressive track record in strategic planning and financial leadership. She brings more than 20 years of experience in asset management, investment, operations, financial reporting and oversight, as well as formal accounting expertise. She has successfully leveraged new technologies to dri
SAN DIEGO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM, BEEMW))), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced orders from the California Department of General Services (DGS) for several of the top State Agencies, adding to Beam's footprint in its leading market in the United States. The EV ARC™ systems were purchased using the California Department of General Services (DGS) contract #1-22-61-16 which simplifies the state procurement process and ensures the best negotiated pricing. The solar-powered EV ARC™ EV charging infrastructure products are off-grid, genera
SAN DIEGO, April 20, 2021 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM, BEEMW))), the leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that Nancy Floyd has been appointed to the Beam Global Board of Directors. Ms. Floyd will serve as the Chair of the Audit Committee and member of the Nominating and Governance Committee and Compensation Committee of the Board. "We conducted a thorough search and set the bar very high for our next board member," said Beam Global CEO and Chairman of the Board, Desmond Wheatley. "Nancy Floyd brings extensive expertise in clean energy, utilities, technology and governance wi
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SAN DIEGO, Nov. 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced its third quarter results for the period ended September 30, 2025. Recent Operational Highlights ●Opened Beam Middle East offices and entered the MEA market through a joint venture with the Platinum Group in Abu Dhabi ●Deployed EV ARC™ and BeamBike™ systems in Abu Dhabi ●Deployed BeamWell™ product in Jordan for Royal Jordanian Armed Forces ●Deployed BeamBike™ product for tribal communities in the United States ●Signed rese
SAN DIEGO, Nov. 12, 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 Q3 2025 operating results on Friday, November 14, 2025 after the market closes. Management will host a conference call on Friday, November 14, 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: November 14, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free D
SAN DIEGO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq: BEEM), (the "Company"), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced its second quarter results for the period ended June 30, 2025. Financial Highlights 12% Revenue increase from Q1 2025 to Q2 202560% of Revenues from Non-Government Commercial Entities YTD June 30, 202537% of revenues from International operations YTD June 30, 2025Positive GAAP Gross Margin 20% for Q2 2025, a 4-percentage point increase over Q2 2024Adjusted non-GAAP Gross Margin, net of non-cash costs 30% for Q2 2025, a 12
SAN DIEGO, Aug. 11, 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 Q2 2025 operating results on Thursday, August 14, 2025 after the market closes. Management will host a conference call on Thursday, August 14, 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: August 14, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-
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
SAN DIEGO, April 04, 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 2024 operating results on Friday, April 11, 2025 after the market closes. Management will host a conference call on Friday, April 11, 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: April 11, 2025 Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free Dial-In Nu
SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Beam Global, (NASDAQ:BEEM), (the "Company"), the leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation and energy security, today announced its third quarter results for the period ended September 30, 2024. Q3 2024 Financial Highlights: Gross Margin was 10.7% of sales, our highest Q3 margin ever, 9 percentage points increase over Q3 2023YTD Gross Margin 12.4%, 11 percentage points increase over 2023 47.9% revenue derived from commercial customersRecord Pipeline of over $200 millionBacklog of $7 millionDebt free and $100 million line of credit available and unused Q3 2024
SAN DIEGO, Nov. 14, 2024 (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 Q3 2024 operating results on Friday, November 15, 2024 after the market closes. Management will host a conference call on Friday, November 15, 2024 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: November 15, 2024Time: 4:30 p.m. Eastern / 1:30 p.m. PacificToll-Free
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