Beam Global Common Stock (BEEM)

FairStock Score: 57/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn a dollar for every dollar invested, but Beam Global does not yet qualify. It sells solar-powered EV chargers and battery infrastructure, a promising niche, but a promising product is not a moat. The filed record shows revenue falling from $67.4 million in fiscal 2023 to $49.3 million in fiscal 2024 and $28.2 million in fiscal 2025, while net loss widened from $11.3 million in fiscal 2024 to $27.0 million in fiscal 2025. In the latest filed quarter, fiscal Q2 2026 ended 2026-06-30, revenue was $8.6 million and net loss was $3.1 million; fiscal Q1 2026 had revenue of $3.1 million and a net loss of $6.9 million. FairStock's calculations at the 2026-10-13 close of $1.03 show P/B 1.14, P/E -1.33, ROE -72.69%, ROCE -25.53%, FCF yield -55.4%, Altman Z-score -4.27, and Piotroski 5/9. The balance sheet has low debt with D/E 0.09, and price is near book value, but negative free cash flow of $13.0 million over trailing twelve months is a heavy burden. FairStock's Lynch category is none because of losses in each of the last four years. With beta 1.48 and the shares near the low end of their 52-week range, this is a speculative turnaround. Until revenue stabilizes and cash burn reverses, the market price may be low but not demonstrably cheap on durable earnings.

In plain English: Beam Global makes solar-powered chargers for electric vehicles and battery storage equipment. The business is weak right now: sales fell sharply and it keeps losing money, including a $3.1 million loss in the quarter ended June 30, 2026. At $1.03 on October 13, 2026, the price is close to its accounting book value, but because the company has no profits and burns cash, it is hard to call it truly cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer