Brokerages Set Stem, Inc. (NYSE:STEM) PT at $17.60

Stem, Inc. (NYSE:STEM) has earned a consensus rating of “Reduce” from the six research firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $17.60.

Separately, Weiss Ratings downgraded shares of Stem from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, February 11th.

Stem Stock Performance

Shares of NYSE STEM opened at $10.53 on Friday. Stem has a one year low of $5.81 and a one year high of $32.23. The firm has a market capitalization of $88.30 million, a P/E ratio of -0.77 and a beta of 1.31. The company’s fifty day moving average is $15.35 and its two-hundred day moving average is $17.23.

Hedge Funds Weigh In On Stem

Several hedge funds have recently bought and sold shares of the company. IFP Advisors Inc increased its position in shares of Stem by 258.1% in the third quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock valued at $26,000 after buying an additional 1,066 shares in the last quarter. International Assets Investment Management LLC purchased a new position in Stem during the 4th quarter valued at about $29,000. Skandinaviska Enskilda Banken AB publ purchased a new position in Stem during the 3rd quarter valued at about $55,000. Zweig DiMenna Associates LLC acquired a new position in Stem during the fourth quarter worth about $125,000. Finally, Renaissance Technologies LLC acquired a new position in Stem during the fourth quarter worth about $169,000. 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.