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

Shares of Stem, Inc. (NYSE:STEM) have earned an average recommendation of “Reduce” from the five ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $12.3750.

Several research firms have recently weighed in on STEM. Susquehanna lowered their price target on Stem from $21.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. UBS Group reissued a “neutral” rating and set a $10.50 price target (down from $12.00) on shares of Stem in a report on Monday, May 11th. Wall Street Zen cut Stem from a “sell” rating to a “strong sell” rating in a report on Saturday, May 9th. Roth Mkm reissued a “neutral” rating and set a $11.00 price target on shares of Stem in a report on Thursday, May 7th. Finally, Weiss Ratings cut Stem from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th.

Insider Buying and Selling

In related news, CEO Arun Narayanan sold 5,145 shares of the firm’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total value of $57,212.40. Following the transaction, the chief executive officer directly owned 12,980 shares of the company’s stock, valued at approximately $144,337.60. This trade represents a 28.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last quarter, insiders sold 9,223 shares of company stock valued at $102,443. 5.10% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Stem

A number of institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada raised its holdings in Stem by 8.8% in the 1st quarter. Royal Bank of Canada now owns 28,213 shares of the company’s stock worth $249,000 after purchasing an additional 2,275 shares during the period. Renaissance Technologies LLC raised its holdings in Stem by 423.0% in the 1st quarter. Renaissance Technologies LLC now owns 58,575 shares of the company’s stock worth $518,000 after purchasing an additional 47,375 shares during the period. Hsbc Holdings PLC raised its holdings in Stem by 48.1% in the 4th quarter. Hsbc Holdings PLC now owns 28,424 shares of the company’s stock worth $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. Finally, Bridgeway Capital Management LLC increased its stake in Stem by 346.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 69,600 shares of the company’s stock worth $1,047,000 after buying an additional 54,000 shares in the last quarter. 61.63% of the stock is owned by institutional investors.

Stem Stock Down 15.9%

Stem stock opened at $7.71 on Friday. The company has a market capitalization of $69.11 million, a P/E ratio of -0.89 and a beta of 1.47. The stock’s 50 day moving average is $9.70 and its 200 day moving average is $13.07. Stem has a twelve month low of $5.93 and a twelve month high of $32.23.

Stem (NYSE:STEM) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($2.22) earnings per share for the quarter, missing the consensus estimate of ($1.76) by ($0.46). The company had revenue of $29.00 million during the quarter, compared to the consensus estimate of $34.61 million. As a group, equities analysts expect that Stem will post -7.76 EPS 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.