Beam Global's stock price soars today: Battery innovation patent victory

Beam Global (NASDAQ: BEEM) shares soared more than 20% in pre-market trading on September 18, 2025 after the company received a U.S. patent for smart phase change composites that enhances thermal management of lithium-ion batteries in extreme climates. This technology improves the safety and performance of electric vehicles, robots and defense systems. Despite recent financial challenges, including a lack of revenue in the second quarter of 2025 and negative earnings, analysts still expect the company to have a 25% upside, with an average target price of $3.50.