Stem, Inc. (NYSE:STEM) Receives Consensus Rating of “Reduce” from Analysts

Shares of Stem, Inc. (NYSE:STEM) have been given a consensus recommendation of “Reduce” by the five analysts that are covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating on the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $11.75.

Several equities research analysts recently issued reports on the stock. Roth Capital reissued a “neutral” rating and issued a $11.00 target price on shares of Stem in a research report on Thursday, May 7th. UBS Group reaffirmed a “neutral” rating and set a $10.50 price target (down from $12.00) on shares of Stem in a research report on Monday, May 11th. Susquehanna cut their price target on shares of Stem from $10.00 to $7.50 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Weiss Ratings downgraded shares of Stem from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Stem from a “sell” rating to a “strong sell” rating in a report on Saturday, May 9th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of STEM. IFP Advisors Inc boosted its position in Stem by 258.1% during the 3rd quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock worth $26,000 after purchasing an additional 1,066 shares during the period. Virtu Financial LLC raised its position in Stem by 11.0% in the third quarter. Virtu Financial LLC now owns 12,856 shares of the company’s stock valued at $225,000 after purchasing an additional 1,279 shares during the period. Geode Capital Management LLC lifted its stake in shares of Stem by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 88,246 shares of the company’s stock worth $1,329,000 after purchasing an additional 1,821 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Stem during the fourth quarter worth about $29,000. Finally, Royal Bank of Canada boosted its position in shares of Stem by 8.8% in the first quarter. Royal Bank of Canada now owns 28,213 shares of the company’s stock worth $249,000 after buying an additional 2,275 shares during the period. Hedge funds and other institutional investors own 61.63% of the company’s stock.

Stem Stock Performance

STEM stock opened at $5.47 on Monday. The stock’s 50 day moving average price is $7.85 and its 200 day moving average price is $10.69. The firm has a market cap of $48.98 million, a P/E ratio of -0.63 and a beta of 1.45. Stem has a 1 year low of $5.45 and a 1 year high of $32.23.

Stem (NYSE:STEM) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($2.22) EPS for the quarter, missing analysts’ consensus estimates of ($1.76) by ($0.46). The firm had revenue of $29.00 million for the quarter, compared to analyst estimates of $34.61 million. On average, research analysts predict that Stem will post -7.76 earnings per share for the current year.

About Stem

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.