Stem, Inc. (NYSE:STEM) Receives $12.38 Consensus PT from Analysts

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

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

Stem Price Performance

Shares of NYSE STEM opened at $7.32 on Friday. The business has a fifty day moving average price of $9.57 and a 200 day moving average price of $12.81. Stem has a 1-year low of $5.93 and a 1-year high of $32.23. The stock has a market capitalization of $65.59 million, a P/E ratio of -0.84 and a beta of 1.47.

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 during the quarter, compared to the consensus estimate of $34.61 million. As a group, equities research analysts anticipate that Stem will post -7.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. IFP Advisors Inc grew its holdings in Stem by 258.1% during the third quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock worth $26,000 after acquiring an additional 1,066 shares during the period. International Assets Investment Management LLC acquired a new stake in Stem during the fourth quarter worth about $29,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in Stem during the third quarter worth about $55,000. Bridgeway Capital Management LLC acquired a new stake in Stem during the second quarter worth about $97,000. Finally, Zweig DiMenna Associates LLC acquired a new stake in Stem during the fourth quarter worth about $125,000. 61.63% of the stock is owned by institutional investors and hedge funds.

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.