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

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

Several equities research analysts have issued reports on the stock. Barclays decreased their price objective on shares of Stem from $18.00 to $8.00 and set an “equal weight” rating for the company in a research note on Monday, July 27th. Wall Street Zen upgraded shares of Stem from a “strong sell” rating to a “sell” rating in a report on Saturday, August 15th. New Street Research set a $8.00 price target on shares of Stem in a research report on Monday, July 27th. Weiss Ratings lowered Stem from a “sell (d+)” rating to a “sell (e+)” rating in a research report on Tuesday, August 18th. Finally, Susquehanna decreased their target price on Stem from $10.00 to $7.50 and set a “neutral” rating for the company in a research report on Friday, July 10th.

Hedge Funds Weigh In On Stem

A number of institutional investors and hedge funds have recently bought and sold shares of STEM. International Assets Investment Management LLC purchased a new stake in shares of Stem during the fourth quarter valued at approximately $29,000. Royal Bank of Canada boosted its stake 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 period. Zweig DiMenna Associates LLC purchased a new position in shares of Stem in the fourth quarter valued at $125,000. Hsbc Holdings PLC grew its holdings in Stem by 48.1% during the 4th quarter. Hsbc Holdings PLC now owns 28,424 shares of the company’s stock valued at $434,000 after purchasing an additional 9,233 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in Stem during the 2nd quarter valued at $99,000. Hedge funds and other institutional investors own 61.63% of the company’s stock.

Stem Price Performance

Stem stock opened at $4.75 on Tuesday. The company has a market cap of $45.72 million, a price-to-earnings ratio of -0.56 and a beta of 1.52. Stem has a 12 month low of $4.61 and a 12 month high of $32.23. The stock’s 50-day moving average is $5.82 and its 200-day moving average is $8.19.

Stem (NYSE:STEM) last issued its earnings results on Wednesday, August 12th. The company reported ($1.58) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($1.75) by $0.17. The firm had revenue of $33.65 million for the quarter, compared to analysts’ expectations of $36.65 million. Research analysts anticipate that Stem will post -7.04 EPS for the current year.

About Stem

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.