Stem (NYSE:STEM) Shares Down 7.6% – What’s Next?

Stem, Inc. (NYSE:STEM)’s share price dropped 7.6% during trading on Friday . The company traded as low as $4.71 and last traded at $4.73. Approximately 201,137 shares were traded during mid-day trading, an increase of 124% from the average session volume of 89,737 shares. The stock had previously closed at $5.12.

Analyst Ratings Changes

A number of brokerages have recently issued reports on STEM. Susquehanna decreased their target price on Stem from $10.00 to $7.50 and set a “neutral” rating for the company in a report on Friday, July 10th. Wall Street Zen upgraded shares of Stem from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. Barclays reduced their price target on shares of Stem from $18.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Weiss Ratings downgraded shares of Stem from a “sell (d+)” rating to a “sell (e+)” rating in a research note on Tuesday, August 18th. Finally, UBS Group reissued a “neutral” rating and issued a $7.00 price objective (down from $10.50) on shares of Stem in a research report on Friday, August 14th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Stem currently has a consensus rating of “Reduce” and a consensus target price of $7.45.

Stem Stock Performance

The firm has a fifty day simple moving average of $5.88 and a 200-day simple moving average of $8.25. The company has a market capitalization of $45.55 million, a PE ratio of -0.56 and a beta of 1.52.

Stem (NYSE:STEM) last released its earnings results on Wednesday, August 12th. The company reported ($1.58) EPS for the quarter, beating the consensus estimate of ($1.75) by $0.17. The business had revenue of $33.65 million for the quarter, compared to analysts’ expectations of $36.65 million. As a group, research analysts anticipate that Stem, Inc. will post -7.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. IFP Advisors Inc grew its holdings in Stem by 258.1% in the 3rd quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock worth $26,000 after buying an additional 1,066 shares in the last quarter. Virtu Financial LLC raised its stake in Stem by 11.0% during the 3rd quarter. Virtu Financial LLC now owns 12,856 shares of the company’s stock valued at $225,000 after acquiring an additional 1,279 shares in the last quarter. Geode Capital Management LLC raised its stake in Stem by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 88,246 shares of the company’s stock valued at $1,329,000 after acquiring an additional 1,821 shares in the last quarter. International Assets Investment Management LLC acquired a new position in Stem during the 4th quarter worth $29,000. Finally, Royal Bank of Canada boosted its position in Stem by 8.8% during the 1st quarter. Royal Bank of Canada now owns 28,213 shares of the company’s stock worth $249,000 after acquiring an additional 2,275 shares during the period. 61.63% of the stock is owned by institutional investors and hedge funds.

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.