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

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

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

Insider Activity at Stem

In other news, CEO Arun Narayanan sold 5,145 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total transaction of $57,212.40. Following the transaction, the chief executive officer directly owned 12,980 shares in the company, 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 can be accessed through this link. In the last 90 days, insiders sold 10,366 shares of company stock worth $114,190. 5.10% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Stem

Institutional investors have recently modified their holdings of the company. Keyframe Capital Partners L.P. bought a new position in shares of Stem during the 3rd quarter valued at about $441,000. Jump Financial LLC bought a new position in Stem during the 4th quarter worth approximately $534,000. 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. Geode Capital Management LLC grew its position in Stem by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 88,246 shares of the company’s stock worth $1,329,000 after acquiring an additional 1,821 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in Stem by 461.9% during the 3rd quarter. Two Sigma Investments LP now owns 94,045 shares of the company’s stock worth $1,648,000 after acquiring an additional 77,307 shares during the last quarter. 61.63% of the stock is currently owned by institutional investors.

Stem Stock Down 3.1%

Shares of NYSE STEM opened at $8.52 on Wednesday. The firm has a market capitalization of $76.33 million, a P/E ratio of -0.98 and a beta of 1.51. The stock’s 50-day simple moving average is $9.97 and its two-hundred day simple moving average is $13.82. Stem has a twelve month low of $5.93 and a twelve month high of $32.23.

Stem (NYSE:STEM) last announced its earnings results on Wednesday, May 6th. The company reported ($2.22) earnings per share 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 analyst estimates of $34.61 million. As a group, research analysts anticipate that Stem will post -7.76 EPS for the current fiscal year.

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.