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

Shares of Stem, Inc. (NYSE:STEMGet Free Report) have earned a consensus rating of “Reduce” from the five ratings firms that are covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $7.45.

A number of equities research analysts recently weighed in on the company. Weiss Ratings cut Stem from a “sell (d+)” rating to a “sell (e+)” rating in a report on Tuesday. UBS Group restated a “neutral” rating and set a $7.00 target price (down from $10.50) on shares of Stem in a report on Friday, August 14th. Wall Street Zen upgraded Stem from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 15th. Roth Capital reiterated a “neutral” rating and set a $6.75 target price on shares of Stem in a research report on Monday. Finally, Barclays lowered their price target on shares of Stem from $18.00 to $8.00 and set an “equal weight” rating for the company in a report on Monday, July 27th.

Get Our Latest Stock Analysis on Stem

Stem Stock Down 2.8%

NYSE:STEM opened at $5.60 on Friday. The firm has a market cap of $50.18 million, a PE ratio of -0.66 and a beta of 1.50. Stem has a 12 month low of $4.92 and a 12 month high of $32.23. The company’s 50-day moving average price is $6.60 and its two-hundred day moving average price is $8.99.

Stem (NYSE:STEMGet Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The company reported ($1.58) earnings per share for the quarter, topping the consensus estimate of ($1.75) by $0.17. The firm had revenue of $33.65 million for the quarter, compared to analyst estimates of $36.65 million. On average, research analysts expect that Stem will post -7.76 EPS for the current fiscal year.

Institutional Trading of Stem

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its position in Stem by 505.8% during the 1st quarter. AQR Capital Management LLC now owns 1,482,790 shares of the company’s stock valued at $519,000 after purchasing an additional 1,238,012 shares during the period. Vanguard Group Inc. boosted its stake in Stem by 2.2% in the third quarter. Vanguard Group Inc. now owns 395,223 shares of the company’s stock valued at $6,924,000 after acquiring an additional 8,468 shares during the last quarter. Bank of America Corp DE boosted its stake in Stem by 104.0% in the third quarter. Bank of America Corp DE now owns 217,871 shares of the company’s stock valued at $3,817,000 after acquiring an additional 111,068 shares during the last quarter. Two Sigma Investments LP grew its holdings 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 period. Finally, Geode Capital Management LLC grew its holdings 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 period. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Stem Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Stem (NYSE:STEM)

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