Beam Global

Freedom Broker has cut its target price on Beam Global by nearly 17% but continues to recommend buying the stock. Beam, whose EV charging systems are <a href="https://beamforall.com/beam-customers/">used</a>&nbsp;by such customers as Google and NASA, has lost roughly half of its revenue amid Trump’s energy policy shifts and has gone into the red. To compensate, the company is pursuing new markets where it expects to compete for as much as $1 trillion in sustainable-infrastructure spending.

Freedom lowers TP on clean-tech company Beam Global but keeps 'buy' after 3Q results

Beam Global CEO Desmond Wheatley brings more than three decades of executive experience to the table, having built and led companies ranging from startups to publicly traded firms generating $70 million in annual revenue, according to his LinkedIn <a href="https://www.linkedin.com/in/desmondwheatley/">profile</a>. “For a long time, I worked for companies that were polluting the environment. I spent a lot of time in the Middle East, working for people whose values I don't support now,” he said in an interview with Oninvest.

Head of clean tech innovator Beam Global tells Oninvest about plans and Trump effect


Starting in 2035, the EU and several U.S. states <a href="https://www.nytimes.com/2024/12/13/climate/california-ban-gas-cars-electric-biden-trump.html?utm_source=in_materials">plan to ban</a> sales of new internal combustion engine vehicles — those powered by gasoline or diesel. This plays directly into the hands of Beam Global, a small company creating EV charging infrastructure and serving clients such as Google and the U.S. government. Beam's solutions require no wires or trenching, can be quickly deployed and scaled, and are portable. The company believes these features will make its products the top choice for customers. Analysts <a href="https://www.marketwatch.com/investing/stock/beem/analystestimates?mod=mw_quote_tab&amp;utm_source=in_materials">expect</a> that Beam Global’s stock, with a current market capitalization on the Nasdaq of <a href="https://www.marketwatch.com/investing/stock/beem?utm_source=in_materials">just over</a> $44 million, could grow nearly threefold.