Brokerages Set Stem, Inc. (NYSE:STEM) PT at $15.75

Shares of Stem, Inc. (NYSE:STEM) have received an average rating of “Reduce” from the five analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $15.75.

Several equities research analysts have recently commented on STEM shares. UBS Group restated a “neutral” rating and issued a $12.00 price objective (down from $18.00) on shares of Stem in a research note on Tuesday, March 10th. Weiss Ratings raised Stem from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 10th. Wall Street Zen cut Stem from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Susquehanna decreased their price objective on Stem from $21.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th.

Stem Trading Up 9.0%

STEM opened at $11.81 on Friday. The company has a market cap of $100.58 million, a price-to-earnings ratio of -1.25 and a beta of 1.40. The company’s 50 day moving average is $10.39 and its 200 day moving average is $15.52. Stem has a 12-month low of $5.93 and a 12-month high of $32.23.

Stem (NYSE:STEM) last announced its earnings results on Wednesday, March 4th. The company reported ($1.85) EPS for the quarter, beating analysts’ consensus estimates of ($1.96) by $0.11. The business had revenue of $47.14 million for the quarter, compared to analysts’ expectations of $39.05 million. As a group, analysts predict that Stem will post -7.18 EPS for the current fiscal year.

Insider Buying and Selling

In other Stem news, CEO Arun Narayanan sold 5,145 shares of the firm’s stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $11.12, for a total transaction of $57,212.40. Following the sale, the chief executive officer owned 12,980 shares in the company, valued at approximately $144,337.60. This trade represents a 28.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 10,366 shares of company stock worth $114,190. 5.10% of the stock is currently owned by company insiders.

Institutional Trading of Stem

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC raised its position in shares of Stem by 48.1% during the 4th quarter. Hsbc Holdings PLC now owns 28,424 shares of the company’s stock valued at $434,000 after purchasing an additional 9,233 shares during the period. Balyasny Asset Management L.P. purchased a new stake in Stem in the 4th quarter worth $177,000. Bridgeway Capital Management LLC raised its holdings in Stem by 346.2% during the fourth quarter. Bridgeway Capital Management LLC now owns 69,600 shares of the company’s stock valued at $1,047,000 after acquiring an additional 54,000 shares during the period. Trexquant Investment LP purchased a new position in shares of Stem in the fourth quarter valued at about $385,000. Finally, Jump Financial LLC purchased a new position in shares of Stem in the fourth quarter valued at about $534,000. 61.63% of the stock is owned by hedge funds and other institutional investors.

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.