Beam Global (NASDAQ:BEEM) had its price target boosted by Maxim Group from $45.00 to $90.00 in a research report released on Tuesday morning, The Fly reports. The brokerage currently has a buy rating on the stock.
Separately, BTIG Research upped their target price on shares of Beam Global from $25.00 to $50.00 in a research note on Thursday, December 10th.
Shares of BEEM stock opened at $73.78 on Tuesday. The stock has a market capitalization of $493.44 million and a P/E ratio of -93.39. The company has a fifty day moving average price of $37.13. Beam Global has a twelve month low of $3.90 and a twelve month high of $75.90.
Beam Global, together with its subsidiary, invents, designs, engineers, manufactures, and sells solar powered products and proprietary technology solutions in the United States and internationally. The company focuses on creating renewably energized products for electric vehicle and drone charging, outdoor media and branding, and energy security.
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