Simply Wall St has no position in any stocks mentioned. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We aim to bring you long-term focused analysis driven by fundamental data. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. This article by Simply Wall St is general in nature. Alternatively, email editorial-team (at). ![]() Have feedback on this article? Concerned about the content? Get in touch with us directly. If you are no longer interested in Beam Global, you can use our free platform to see our list of over 50 other stocks with a high growth potential. What does the future of Beam Global look like? ![]() If the market is bearish, the company’s shares will likely fall by more than the rest of the market, providing a prime buying opportunity. This is because Beam Global’s beta (a measure of share price volatility) is high, meaning its price movements will be exaggerated relative to the rest of the market. Although, there may be an opportunity to buy in the future. And if you believe that the stock is really worth $8.31, there’s only an insignificant downside when the price falls to its real value. See our latest analysis for Beam Global What's The Opportunity In Beam Global?Īccording to my valuation model, Beam Global seems to be fairly priced at around 18.48% above my intrinsic value, which means if you buy Beam Global today, you’d be paying a relatively reasonable price for it. However, what if the stock is still a bargain? Today I will analyse the most recent data on Beam Global’s outlook and valuation to see if the opportunity still exists. ![]() With many analysts covering the stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.Beam Global ( NASDAQ:BEEM), might not be a large cap stock, but it saw a decent share price growth in the teens level on the NASDAQCM over the last few months. This means that if you invested $100 now, your current investment may be worth 281.088$ on 2024 May 21, Tuesday. ![]() These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.įuture price of the stock is predicted at 32.63426454679$ ( 181.088% ) after a year according to our prediction system. Our site uses a custom algorithm based on Deep Learning that helps our users to decide if BEEM could be a good portfolio addition. 1 year Beam Global Forecast: 32.63426454679 *ĥ year Beam Global Forecast: 151.375 * About the Beam Global stock forecastĪs of 2023 May 21, Sunday current price of BEEM stock is 11.610$ and our data indicates that the asset price has been in a downtrend for the past 1 year (or since its inception).īeam Global stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.
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