Shares of Stem, Inc. (NYSE:STEM – Get 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
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:STEM – Get 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
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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