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

Shares of Stem, Inc. (NYSE:STEM) have been assigned a consensus recommendation of “Reduce” from the five analysts that are currently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $7.45.

STEM has been the subject of several research analyst reports. Weiss Ratings downgraded Stem from a “sell (d+)” rating to a “sell (e+)” rating in a research note on Tuesday. New Street Research set a $8.00 price target on Stem in a research note on Monday, July 27th. UBS Group reaffirmed a “neutral” rating and set a $7.00 price target (down from $10.50) on shares of Stem in a report on Friday, August 14th. Susquehanna decreased their price objective on shares of Stem from $10.00 to $7.50 and set a “neutral” rating on the stock in a report on Friday, July 10th. Finally, Wall Street Zen raised shares of Stem from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th.

Institutional Investors Weigh In On Stem

Hedge funds have recently bought and sold shares of the stock. Royal Bank of Canada grew its position in shares of Stem by 8.8% in the first quarter. Royal Bank of Canada now owns 28,213 shares of the company’s stock valued at $249,000 after purchasing an additional 2,275 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Stem by 423.0% during the first quarter. Renaissance Technologies LLC now owns 58,575 shares of the company’s stock worth $518,000 after buying an additional 47,375 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of Stem by 48.1% during the fourth quarter. Hsbc Holdings PLC now owns 28,424 shares of the company’s stock worth $434,000 after buying an additional 9,233 shares in the last quarter. Balyasny Asset Management L.P. bought a new stake in shares of Stem in the fourth quarter valued at about $177,000. Finally, Bridgeway Capital Management LLC boosted its position in shares of Stem by 346.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 69,600 shares of the company’s stock valued at $1,047,000 after acquiring an additional 54,000 shares during the period. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Stem Stock Performance

NYSE STEM opened at $5.60 on Friday. The stock’s 50 day moving average price is $6.60 and its two-hundred day moving average price is $8.99. Stem has a 52 week low of $4.92 and a 52 week high of $32.23. The stock has a market capitalization of $50.18 million, a price-to-earnings ratio of -0.66 and a beta of 1.50.

Stem (NYSE:STEM) last released its earnings results on Wednesday, August 12th. The company reported ($1.58) earnings per share for the quarter, beating the consensus estimate of ($1.75) by $0.17. The firm had revenue of $33.65 million during the quarter, compared to the consensus estimate of $36.65 million. On average, equities research analysts forecast that Stem will post -7.76 EPS for the current year.

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.