Stem (NYSE:STEM) Stock Rating Upgraded by Wall Street Zen

Stem (NYSE:STEM) was upgraded by equities researchers at Wall Street Zen from a “strong sell” rating to a “sell” rating in a research report issued on Saturday.

A number of other research firms also recently commented on STEM. New Street Research set a $8.00 target price on shares of Stem in a research report on Monday, July 27th. Roth Capital restated a “neutral” rating and issued a $11.00 price target on shares of Stem in a report on Thursday, May 7th. Susquehanna lowered their price objective on Stem from $10.00 to $7.50 and set a “neutral” rating for the company in a research report on Friday, July 10th. UBS Group reissued a “neutral” rating and set a $7.00 target price (down from $10.50) on shares of Stem in a research report on Friday. Finally, Barclays dropped their price target on Stem from $18.00 to $8.00 and set an “equal weight” rating on the stock in a research note on Monday, July 27th. Four analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $8.30.

Stem Trading Down 0.3%

Stem stock opened at $6.32 on Friday. Stem has a 12-month low of $4.92 and a 12-month high of $32.23. The firm has a 50-day moving average price of $6.74 and a 200-day moving average price of $9.30. The firm has a market capitalization of $56.63 million, a PE ratio of -0.74 and a beta of 1.50.

Stem (NYSE:STEM) last issued its earnings results on Wednesday, August 12th. The company reported ($1.58) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($1.75) by $0.17. The company had revenue of $33.65 million for the quarter, compared to analysts’ expectations of $36.65 million. As a group, sell-side analysts predict that Stem will post -7.76 earnings per share for the current fiscal year.

Institutional Trading of Stem

Hedge funds and other institutional investors have recently bought and sold shares of the stock. GSA Capital Partners LLP grew its stake in shares of Stem by 569.1% during the 4th quarter. GSA Capital Partners LLP now owns 79,216 shares of the company’s stock worth $1,192,000 after purchasing an additional 67,377 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Stem during the 4th quarter valued at approximately $29,000. Balyasny Asset Management L.P. acquired a new position in shares of Stem in the 4th quarter valued at $177,000. OMERS ADMINISTRATION Corp acquired a new position in shares of Stem in the 4th quarter valued at $190,000. Finally, Wells Fargo & Company MN boosted its holdings in Stem by 89.2% during the fourth quarter. Wells Fargo & Company MN now owns 11,646 shares of the company’s stock worth $175,000 after buying an additional 5,492 shares in the last quarter. 61.63% of the stock is owned by institutional investors and hedge funds.

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.