Beam Global Dossier - Source-backed chat

Beam Global

BEEMNASDAQ

SectorIndustrials

IndustryElectrical Components and Equipment

Beta (adjusted)1.30

Intrinsic Value

No headline value published yetWe haven't published a headline intrinsic value for this company yet. Our data-reliability standards weren't met. Method estimates are shown for reference.

Market Price $1.13Price as of 30 Sep 2026

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Market Cap $25.6M

Enterprise Value $24.6M

Shares Outstanding 22.6M diluted

Next Earnings Date13 Nov 2026

All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference.

Thesis

Street consensus, scenarios, merits, risks, and invalidation triggers

AI-assisted

Thesis Summary

Beam Global is transitioning from a government-dependent solar EV charging provider to a diversified clean-tech infrastructure player. While international expansion and commercial sales are growing, near-term performance is heavily pressured by a pause in federal funding, leading to a significant revenue decline and negative gross margins in Q1 2026. The company maintains a strong balance sheet with zero debt and a substantial unused credit line, but execution risks remain high as it scales commercial operations.

This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today.

Street view · analyst 12-month targets3 analysts · as of 18 Aug 2026

Low · most bearish analyst$1.50

Mean target$2.67

High · most bullish analyst$3.50

Our research · scenarios, merits, risks, and invalidation triggersResearch as of 20 Jun 2026

Scenarios · 12-month scenario targetsAnchored at research date

Bear CaseDownside scenario

$1.0520%

Federal funding remains frozen, and commercial sales fail to scale. Continued cash burn forces dilutive equity raises or expensive debt financing, while competitive pressures in the EV charging sector further compress margins.

Base CaseCentral scenario

$1.5050%

Beam Global slowly converts its backlog and expands its international footprint, but commercial sales only partially offset the loss of federal revenues. Margins improve gradually but remain constrained by high operating expenses and cash burn, keeping the stock range-bound.

Bull CaseUpside scenario

$2.5530%

Rapid conversion of the $9.0 million backlog, accelerated commercial adoption, and a resurgence in federal EV infrastructure spending drive a strong revenue rebound in the second half of 2026, leading to gross margin expansion and a path to EBITDA breakeven.

Scenarios are anchored to street consensus at the research date, with our probabilities and rationale.

Key Investment Merits

Strong balance sheet with zero debt and an untouched $100 million line of credit.
Growing international footprint and product diversification, including battery storage and smart city applications.
Robust intellectual property portfolio with newly granted U.S. and European patents.

Key Investment Risks

High dependence on government policy and federal funding cycles.
Significant near-term cash burn and negative gross margins.
Seasonality and order timing volatility causing lumpy quarterly revenues.

Thesis Invalidation Triggers

Prolonged freeze or permanent reduction in federal EV infrastructure spending.
Failure to convert the $9.0 million backlog into recognized revenue by the end of 2026.
Significant dilution from equity financing if working capital is depleted.

All scenarios are estimates and subject to change. Past performance is not indicative of future results.

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Explore this dossier

ValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework.