Stem, Inc. (NYSE:STEM) Receives $12.38 Consensus Target Price from Brokerages

Stem, Inc. (NYSE:STEM) has received an average rating of “Reduce” from the five ratings firms that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $12.3750.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in STEM. AQR Capital Management LLC grew its position in Stem by 505.8% during the first quarter. AQR Capital Management LLC now owns 1,482,790 shares of the company’s stock valued at $519,000 after acquiring an additional 1,238,012 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Stem by 104.0% in the third quarter. Bank of America Corp DE now owns 217,871 shares of the company’s stock worth $3,817,000 after buying an additional 111,068 shares during the period. Two Sigma Investments LP lifted its stake in shares of Stem by 461.9% in the 3rd quarter. Two Sigma Investments LP now owns 94,045 shares of the company’s stock valued at $1,648,000 after acquiring an additional 77,307 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in Stem by 569.1% during the 4th quarter. GSA Capital Partners LLP now owns 79,216 shares of the company’s stock valued at $1,192,000 after acquiring an additional 67,377 shares during the period. Finally, Bridgeway Capital Management LLC grew its position in Stem by 346.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 69,600 shares of the company’s stock worth $1,047,000 after acquiring an additional 54,000 shares during the last quarter. 61.63% of the stock is currently owned by hedge funds and other institutional investors.

Stem Price Performance

Shares of STEM stock opened at $7.60 on Thursday. The firm has a 50-day moving average of $8.82 and a 200-day moving average of $11.65. The company has a market cap of $68.12 million, a P/E ratio of -0.90 and a beta of 1.45. Stem has a one year low of $7.12 and a one year high of $32.23.

Stem (NYSE:STEM) last released 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 for the quarter, compared to analyst estimates of $34.61 million. As a group, research analysts expect that Stem will post -7.76 earnings per share for the current fiscal year.

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.