Stem, Inc. (NYSE:STEM) Given Consensus Rating of “Reduce” by Analysts

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

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

Stem Price Performance

STEM stock opened at $8.71 on Wednesday. Stem has a one year low of $5.93 and a one year high of $32.23. The stock has a market cap of $78.05 million, a PE ratio of -1.00 and a beta of 1.51. The firm has a 50 day simple moving average of $10.11 and a two-hundred day simple moving average of $14.03.

Stem (NYSE:STEM) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($2.22) EPS for the quarter, missing analysts’ consensus estimates of ($1.76) by ($0.46). The business had revenue of $29.00 million for the quarter, compared to analyst estimates of $34.61 million. On average, research analysts expect that Stem will post -7.18 EPS for the current fiscal year.

Insider Activity

In other news, CEO Arun Narayanan sold 5,145 shares of the company’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $11.12, for a total value of $57,212.40. Following the completion of the sale, the chief executive officer owned 12,980 shares of the company’s stock, valued at approximately $144,337.60. This represents a 28.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last three months, insiders have sold 10,366 shares of company stock valued at $114,190. 5.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Stem

Institutional investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in Stem during the 4th quarter valued at $29,000. IFP Advisors Inc boosted its position in Stem by 258.1% during the 3rd 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 during the period. Nomura Holdings Inc. purchased a new stake in Stem during the 3rd quarter valued at $267,000. Bank of America Corp DE boosted its position in Stem by 104.0% during the 3rd quarter. Bank of America Corp DE now owns 217,871 shares of the company’s stock valued at $3,817,000 after buying an additional 111,068 shares during the period. Finally, Keyframe Capital Partners L.P. purchased a new stake in Stem during the 3rd quarter valued at $441,000. Hedge funds and other institutional investors own 61.63% of the company’s stock.

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.