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. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on BEEM: Disclaimer & DisclosureReport an Issue 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 View Comments
Beam Global price target lowered to $4 from $5 at B. Riley
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