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

Shares of Stem, Inc. (NYSE:STEM) have been assigned an average rating of “Reduce” from the five brokerages that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $18.50.

A number of analysts recently weighed in on the stock. UBS Group reaffirmed a “neutral” rating and set a $12.00 target price (down from $18.00) on shares of Stem in a report on Tuesday, March 10th. Wall Street Zen lowered shares of Stem from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. Finally, Weiss Ratings raised shares of Stem from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 10th.

Stem Stock Down 5.7%

STEM stock opened at $8.25 on Tuesday. The stock has a 50-day simple moving average of $12.37 and a two-hundred day simple moving average of $16.55. Stem has a twelve month low of $5.81 and a twelve month high of $32.23. The firm has a market capitalization of $70.26 million, a PE ratio of -0.87 and a beta of 1.31.

Stem (NYSE:STEM) last announced its quarterly earnings results on Wednesday, March 4th. The company reported ($1.85) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.96) by $0.11. The firm had revenue of $47.14 million during the quarter, compared to analysts’ expectations of $39.05 million. On average, equities research analysts anticipate that Stem will post -0.52 EPS for the current fiscal year.

Insider Transactions at Stem

In related news, CEO Arun Narayanan sold 5,145 shares of the business’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total transaction of $57,212.40. Following the completion of the transaction, the chief executive officer directly owned 12,980 shares in the company, valued at $144,337.60. The trade was a 28.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 10,366 shares of company stock worth $114,190 over the last three months. 10.17% of the stock is currently owned by company insiders.

Institutional Trading of Stem

A number of large investors have recently modified their holdings of the business. AQR Capital Management LLC grew 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 worth $519,000 after purchasing an additional 1,238,012 shares in the last quarter. Vanguard Group Inc. raised 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 purchasing an additional 8,468 shares in the last quarter. Bank of America Corp DE lifted its position in Stem by 104.0% during the third quarter. Bank of America Corp DE now owns 217,871 shares of the company’s stock valued at $3,817,000 after purchasing an additional 111,068 shares during the last quarter. Two Sigma Investments LP lifted its position in Stem by 461.9% during the third quarter. Two Sigma Investments LP now owns 94,045 shares of the company’s stock valued at $1,648,000 after purchasing an additional 77,307 shares during the last quarter. Finally, Geode Capital Management LLC grew its stake in Stem by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 88,246 shares of the company’s stock worth $1,329,000 after buying an additional 1,821 shares in the last quarter. Institutional investors own 61.63% of the company’s stock.

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.