B. Riley lowered the firm’s price target on Beam Global (BEEM) to $4 from $5 and keeps a Buy rating on the shares, citing lower estimates for 2025 and 2026 after Beam reported Q1 revenue of $6.3M, reflecting a 25% decrease quarter-over-quarter and 57% decrease year-over-year.

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Beam Global price target lowered to $4 from $5 at Maxim Beam Global’s Earnings Call: Mixed Sentiments and Strategic Shifts Beam Global Reports Q1 2025 Financial Results Beam Global reports 23% increase in Q1 orders for EV ARC charging units Beam Global announces sale of first EV ARC systems in Romania

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