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

Shares of Stem, Inc. (NYSE:STEMGet Free Report) have been given a consensus recommendation of “Reduce” by the five ratings firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $12.3750.

Several analysts recently issued reports on STEM shares. Susquehanna cut their price target on Stem from $21.00 to $10.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Weiss Ratings lowered Stem from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, April 29th. Wall Street Zen cut Stem from a “sell” rating to a “strong sell” rating in a research note on Saturday, May 9th. Roth Capital reissued a “neutral” rating and set a $11.00 price target on shares of Stem in a report on Thursday, May 7th. Finally, UBS Group restated a “neutral” rating and set a $10.50 price target (down from $12.00) on shares of Stem in a research report on Monday, May 11th.

Read Our Latest Stock Analysis on Stem

Institutional Investors Weigh In On Stem

Several large investors have recently made changes to their positions in STEM. AQR Capital Management LLC raised its holdings in shares of Stem by 505.8% during the first quarter. AQR Capital Management LLC now owns 1,482,790 shares of the company’s stock valued at $519,000 after buying an additional 1,238,012 shares during the last quarter. Bank of America Corp DE increased its position in Stem by 104.0% in the 3rd 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 period. Two Sigma Investments LP increased its position in Stem by 461.9% in the 3rd quarter. Two Sigma Investments LP now owns 94,045 shares of the company’s stock valued at $1,648,000 after acquiring an additional 77,307 shares during the period. GSA Capital Partners LLP raised its stake in Stem by 569.1% during the 4th quarter. GSA Capital Partners LLP now owns 79,216 shares of the company’s stock valued at $1,192,000 after acquiring an additional 67,377 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its stake in Stem by 346.2% during the 4th 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 in the last quarter. Institutional investors and hedge funds own 61.63% of the company’s stock.

Stem Stock Down 3.5%

Shares of NYSE:STEM opened at $6.93 on Thursday. The company has a market cap of $62.08 million, a PE ratio of -0.80 and a beta of 1.45. Stem has a fifty-two week low of $6.70 and a fifty-two week high of $32.23. The firm has a 50-day simple moving average of $8.65 and a 200 day simple moving average of $11.52.

Stem (NYSE:STEMGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported ($2.22) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.76) by ($0.46). The business had revenue of $29.00 million for the quarter, compared to analysts’ expectations of $34.61 million. As a group, research analysts forecast that Stem will post -7.76 EPS for the current fiscal year.

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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