Stem, Inc. (NYSE:STEM) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Stem, Inc. (NYSE:STEM) have been assigned an average recommendation of “Reduce” from the five research firms that are currently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $11.75.

STEM has been the subject of a number of analyst reports. Susquehanna decreased their price objective on shares of Stem from $10.00 to $7.50 and set a “neutral” rating for the company in a research report on Friday, July 10th. Roth Capital reiterated a “neutral” rating and issued a $11.00 price target on shares of Stem in a research note on Thursday, May 7th. Weiss Ratings downgraded Stem from a “hold (c-)” rating to a “sell (d+)” rating in a report on Wednesday, April 29th. Wall Street Zen lowered Stem from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 9th. Finally, UBS Group restated a “neutral” rating and set a $10.50 price objective (down from $12.00) on shares of Stem in a research note on Monday, May 11th.

Hedge Funds Weigh In On Stem

Hedge funds have recently bought and sold shares of the company. IFP Advisors Inc increased its holdings in 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 during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Stem in the 4th quarter valued at approximately $29,000. Bridgeway Capital Management LLC acquired a new stake in shares of Stem during the 2nd quarter valued at approximately $97,000. Zweig DiMenna Associates LLC bought a new position in Stem during the fourth quarter worth $125,000. Finally, Renaissance Technologies LLC bought a new position in Stem during the fourth quarter worth $169,000. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Stem Trading Down 0.4%

Shares of STEM stock opened at $5.47 on Monday. The company has a market capitalization of $48.98 million, a PE ratio of -0.63 and a beta of 1.45. The firm has a fifty day simple moving average of $7.85 and a 200-day simple moving average of $10.69. Stem has a twelve month low of $5.45 and a twelve month high of $32.23.

Stem (NYSE:STEM) last released its quarterly earnings results on Wednesday, May 6th. The company reported ($2.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.76) by ($0.46). The company had revenue of $29.00 million for the quarter, compared to analysts’ expectations of $34.61 million. Equities research analysts predict that Stem will post -7.76 EPS for the current 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.