Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized products for electric vehicle (EV) charging infrastructure, outdoor media and branding, and energy security products. Based on the Beam Global stock forecasts from 1 analysts, the average analyst target price for Beam Global is USD 25.00 over the next 12 months. Beam Global’s average analyst rating is not available. Stock Target Advisor’s own stock analysis of Beam Global is Bearish, which is based on 1 positive signals and 6 negative signals. At the last closing, Beam Global’s stock price was USD 19.26. Beam Global’s stock price has changed by +30.31% over the past week, +7.96% over the past month and -46.16% over the last year.

1. Page 1 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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BEEM:NSD (Beam Global)
Solar | NSD | Common Stock
Values as of 9th Jun, 2022
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Last Close
USD 19.26
Change
+2.40(+14.23%)
Market Cap
USD 0.16B
1 Yr Capital Gain
-42.80%
1 Yr Dividend Return
N/A
1 Yr Total
Return
-42.80%
Earning Growth (5 yr)
-150.47%
Average Target Price
25.00(+29.80% )
Average Analyst
Rating
N/A
Fundamental
Analysis
Bearish
Our view of the stock is Bearish with a score of 1.4 out of 10, where 0 is very bearish and 10 very bullish
What to like
Low volatility
The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although
stability is good, also keep in mind it can limit returns.
What to not like
Low market capitalization
This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique
technology or market which can help it grow or get acquired in future.
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
Negative cashflow
The company had negative total cash flow in the most recent four quarters.
Low Earnings Growth
This stock has shown below median earnings growth in the previous 5 years compared to its sector

2. Page 2 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BEEM:NSD (Beam Global)
Solar | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Adjusted Closing Share Volume
Relative Returns Relative Performance (Total Returns)
Security Capital Gain Dividend Return Total Return
BEEM
Beam Global
-46.2% 0 -46.2%
QQQ
Invesco QQQ Trust
-11.1% +0.4% -10.7%
Company Overview
Beam Global, a cleantech company, designs, develops, engineers, manufactures, and sells renewably energized products for electric vehicle
(EV) charging infrastructure, outdoor media and branding, and energy security products. The company's product portfolio include EV ARC
(electric vehicle autonomous renewable charger), an infrastructure product that uses integrated solar power and battery storage to provide
a source of power for factory installed electric vehicle charging stations; Solar Tree DCFC, an off-grid, renewably energized, and single-
column mounted smart generation and energy storage system to provide a 50kW DC fast charge to one or more electric vehicles or larger
vehicles; and EV ARC DCFC, a DC fast charging system for charging EVs. It is also developing EV-Standard, a lamp standard, EV charging,
and emergency power product that uses an existing streetlamp's foundation and a combination of solar, wind, grid connection, and onboard
energy storage to provide curbside charging; and UAV ARC, an off-grid and renewably energized product and network used to charge aerial
drone (UAV) fleets. The company was formerly known as Envision Solar International, Inc. and changed its name to Beam Global in
September 2020. Beam Global was incorporated in 2006 and is headquartered in San Diego, California.

3. Page 3 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
Company Website
https://www.beamforall.com
Address
5660 Eastgate Drive, San Diego, CA, United States, 92121
Fiscal Year End
December
Employees
78
Technical Indicators
Value Value
Beta 1.33 52 Week High 41.05
Short Ratio 8.41 52 Week Low 10.19
Shorted Shares 2,198,215 200 Day Moving Average 21.40
Shorted Shares Previous Month 2,326,345 50 Day Moving Average 17.79
Shares Held By Insiders 2,486.90% Short Percentage 30.00%
Shares Held by Institutions 35.11 Dividend Yield N/A

4. Page 4 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BEEM:NSD (Beam Global)
Solar | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Market Performance
Market Performance vs. Industry / Classification (Solar) Market Performance vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
YTD
Capital Gain 3.55% -14.1% 73% -18.3% 91%
Dividend Return N/A N/A N/A 1.0% N/A
Total Return 3.55% -14.1% 73% -17.9% 91%
Trailing 12 Months
Capital Gain -42.80% -28.7% 36% -22.1% 38%
Dividend Return N/A N/A N/A 2.3% N/A
Total Return -42.80% -28.7% 36% -21.1% 37%
Trailing 5 Years
Capital Gain N/A 90.5% N/A 3.6% N/A
Dividend Return N/A N/A N/A 10.9% N/A
Total Return N/A 90.5% N/A 14.1% N/A
Average Annual (5 Year Horizon)
Capital Gain -10.22% 85.9% 9% 2.3% 17%
Dividend Return N/A N/A N/A 1.8% N/A
Total Return -10.22% 85.9% 9% 4.2% 16%
Risk Return Profile
Volatility (Standard
Deviation)
40.29% 131.0% 91% 32.2% 37%
Risk Adjusted Return -25.36% N/A 9% 20.5% 25%
Market Capitalization 0.16B 2.23B 36% 2.02B 36%

5. Page 5 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
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Key Financial Ratios
Ratios vs. Industry / Classification (Computer Hardware) Ratios vs. Exchange (Nasdaq Global Select)
Value Sector Median
Percentile
Rank
Grade Market Median Percentile Rank Grade
Market Value
peratio N/A 35.6 N/A 17.0 N/A
pbratio 5.6 2.9 45% 1.6 15%
pcfratio -24.6 -2.7 91% -0.1 83%
pfcfratio N/A 87.2 N/A 10.0 N/A
Management Effectiveness
retequity -22.14% -12.4% 45% 0.3% 35%
retinvcap -23.94% -4.2% 27% -0.6% 31%
retass -11.62% -2.6% 18% 0.1% 29%
debtequityratio N/A 57.1% N/A 32.1% N/A
Technical Ratios
yield N/A N/A N/A 2.6% N/A
sratio 8.41 3.01 9% 3.11 12%
spercent 24.88% 7.8% 9% 2.9% 6%
beta 1.33 1.45 82% 1.10 35%

6. Page 6 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BEEM:NSD (Beam Global)
Solar | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Recent Analyst Ratings
Price Action Rating Action Analyst Rating Price date
Target Down BTIG Research USD 25 2022-05-26
Target Lowered by BTIG Research Positive » Buy USD 50 » USD 42 2021-08-13
Reiterated by HC Wainwright Hold 2021-05-25
Target Lowered by Maxim Group Buy USD 90 » USD 50 2021-05-25
Target Lowered by Roth Capital Buy USD 65 » USD 38 2021-05-25
Initiated by Needham & Company LLC Hold 2021-05-11
Downgraded by HC Wainwright Buy » Neutral 2021-03-31
Initiates Coverage On Cowen Market Perform USD 33 2021-03-09
Initiated by Cowen Market Perform 2021-03-08
Initiated by Roth Capital Buy USD 85 2021-02-05
Target Raised by Maxim Group Buy USD 45 » USD 90 2020-12-29
Target Raised by BTIG Research USD 25 » USD 50 2020-12-10
Reiterated by Maxim Group Buy USD 25 2020-11-14
Target Raised by Maxim Group USD 17 » USD 25 2020-10-09

7. Page 7 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BEEM:NSD (Beam Global)
Solar | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Annual Financial (USD)

8. Page 8 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BEEM:NSD (Beam Global)
Solar | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Quarterly Financial (USD)

9. Page 9 of 9 Any information in this report is not , and should not be regarded as investment advice or as a recommendation regarding any particular security or course of
action. We recommend seeking a licensed professional for investment advice.
BEEM:NSD (Beam Global)
Solar | | Common Stock
Stock Target Advisor
Detailed Stock Report
Report Date: 10th June, 2022
Largest Industry Peers for Solar
Symbol Company Name Price(Change) Market Cap
ENPH Enphase Energy Inc -4.26 (-2.1%) USD 27.65B
SEDG SolarEdge Technologies Inc -6.77 (-2.3%) USD 16.63B
FSLR First Solar Inc -1.86 (-2.6%) USD 7.64B
RUN Sunrun Inc -0.80 (-2.9%) USD 5.87B
SPWR SunPower Corporation -0.18 (-0.9%) USD 3.31B
CSIQ Canadian Solar Inc -0.67 (-1.9%) USD 2.23B
ARRY Array Technologies Inc +0.06 (+0.4%) USD 2.02B
PECK iSun, Inc N/A USD 0.11B
EVSI Beam Global N/A USD 0.08B
SUNW Sunworks Inc -0.26 (-10.7%) USD 0.08B
The Stock Target Advisor platform run millions of calculations every day on over 30,000 Canadian and American stocks, comparing and
ranking their financial and market performance against their sectors and exchange.
We represent the percentile ranking using the following grading system.
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%