Stem (NYSE:STEM – Get Free Report) was downgraded by analysts at Wall Street Zen from a “sell” rating to a “strong sell” rating in a research note issued on Saturday.
STEM has been the topic of several other reports. Roth Mkm reaffirmed a “neutral” rating and set a $11.00 price target on shares of Stem in a research note on Thursday. Susquehanna cut their price objective on shares of Stem from $21.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. UBS Group reiterated a “neutral” rating and set a $12.00 price objective (down from $18.00) on shares of Stem in a report on Tuesday, March 10th. Finally, Weiss Ratings lowered shares of Stem from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Three analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $12.75.
Read Our Latest Analysis on Stem
Stem Price Performance
Stem (NYSE:STEM – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($2.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.76) by ($0.46). The business had revenue of $29.00 million for the quarter, compared to the consensus estimate of $34.61 million. As a group, analysts forecast that Stem will post -7.18 EPS for the current year.
Insider Activity
In related news, CEO Arun Narayanan sold 5,145 shares of Stem stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $11.12, for a total value of $57,212.40. Following the completion of the sale, the chief executive officer owned 12,980 shares in the company, valued at approximately $144,337.60. The trade was a 28.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 10,366 shares of company stock valued at $114,190 in the last three months. 5.10% of the stock is currently owned by insiders.
Institutional Trading of Stem
Hedge funds and other institutional investors have recently made changes to their positions in the stock. IFP Advisors Inc increased its stake in shares of Stem by 258.1% in the third quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock worth $26,000 after buying an additional 1,066 shares during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Stem in the fourth quarter worth $29,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Stem in the third quarter worth $55,000. Zweig DiMenna Associates LLC bought a new stake in shares of Stem in the fourth quarter worth $125,000. Finally, Renaissance Technologies LLC bought a new stake in shares of Stem in the fourth quarter worth $169,000. Institutional investors own 61.63% of the company’s stock.
More Stem News
Here are the key news stories impacting Stem this week:
- Negative Sentiment: Wall Street Zen lowered its rating on Stem, Inc. (STEM), which can weigh on investor sentiment and add pressure to the stock. Stem (NYSE:STEM) Stock Rating Lowered by Wall Street Zen
- Neutral Sentiment: Several recent articles mention “STEM” in the context of schools, college signing days, nursing/STEM college naming, and a robotics team—these are unrelated to Stem, Inc. and are unlikely to affect the stock. STEM students celebrated during college signing day UW-Oshkosh renames nursing health STEM college after major endowment STEM as sport: Woodrow Wilson High School senior signs letter of intent to join WVU Tech robotics team
- Neutral Sentiment: Other “stem cell” headlines are also unrelated to Stem, Inc. (STEM) and should not be viewed as business catalysts for the stock. Plantation Stem Cell Lab Doubles Output As Florida Opens Stem Cell Market The Rise of Induced Pluripotent Stem Cells Leukemia stem cells cause treatments to fail, but findings open new avenues to overcome resistance Stem cell company must pay $2.5 million for false claims to Iowans Hip Hop Science coming to Iron Range STEM Festival
Stem Company Profile
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.
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