Stem (NYSE:STEM) Cut to “Sell” at Wall Street Zen

Wall Street Zen downgraded shares of Stem (NYSE:STEMFree Report) from a hold rating to a sell rating in a report released on Saturday.

Separately, Weiss Ratings downgraded shares of Stem from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 11th. Three research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $20.00.

View Our Latest Report on Stem

Stem Stock Performance

STEM opened at $11.28 on Friday. The company has a market cap of $94.63 million, a price-to-earnings ratio of -1.19 and a beta of 1.31. Stem has a one year low of $5.81 and a one year high of $32.23. The business’s fifty day moving average is $14.71 and its two-hundred day moving average is $17.06.

Stem (NYSE:STEMGet Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($1.85) earnings per share for the quarter, beating analysts’ consensus estimates of ($1.96) by $0.11. The firm had revenue of $47.14 million during the quarter, compared to analysts’ expectations of $39.05 million. On average, analysts predict that Stem will post -0.52 EPS for the current fiscal year.

Hedge Funds Weigh In On Stem

A number of institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc lifted its position in shares of Stem by 258.1% in the third quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock valued at $26,000 after acquiring an additional 1,066 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Stem during the 4th quarter worth about $29,000. Skandinaviska Enskilda Banken AB publ purchased a new stake in Stem during the 3rd quarter worth about $55,000. Bridgeway Capital Management LLC acquired a new position in Stem in the 2nd quarter valued at about $97,000. Finally, Zweig DiMenna Associates LLC acquired a new position in Stem in the 4th quarter valued at about $125,000. 61.63% of the stock is owned by institutional investors and hedge funds.

More Stem News

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About Stem

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Stem, Inc is a technology company specializing in AI-driven energy storage and optimization solutions for commercial, industrial and utility customers. The company delivers integrated hardware and software systems that enable clients to manage energy consumption, reduce peak demand charges and provide ancillary services to the power grid. By combining battery storage hardware with advanced machine-learning algorithms, Stem helps organizations align energy usage with cost-saving opportunities while supporting grid reliability and renewable integration.

At the core of Stem’s offering is its Athena software platform, which uses real-time data and predictive analytics to forecast energy needs and automatically dispatch stored energy when it is most valuable.

Further Reading

Analyst Recommendations for Stem (NYSE:STEM)

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