Stem, Inc. (NYSE:STEM) Receives $15.75 Consensus Price Target from Analysts

Shares of Stem, Inc. (NYSE:STEM) have earned a consensus recommendation of “Reduce” from the five ratings firms that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $15.75.

STEM has been the topic of several research reports. Susquehanna decreased their target price on Stem from $21.00 to $10.00 and set a “neutral” rating on the stock in a research note on Thursday, April 9th. UBS Group reissued a “neutral” rating and set a $12.00 target price (down from $18.00) on shares of Stem in a research note on Tuesday, March 10th. Wall Street Zen lowered Stem from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Finally, Weiss Ratings raised Stem from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 10th.

Stem Trading Up 3.7%

STEM opened at $11.21 on Friday. The stock’s 50-day moving average price is $10.41 and its 200 day moving average price is $15.63. Stem has a 12-month low of $5.93 and a 12-month high of $32.23. The firm has a market cap of $95.54 million, a price-to-earnings ratio of -1.18 and a beta of 1.40.

Stem (NYSE:STEM) last posted its earnings results on Wednesday, March 4th. The company reported ($1.85) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.96) by $0.11. The firm had revenue of $47.14 million for the quarter, compared to analyst estimates of $39.05 million. On average, research analysts forecast that Stem will post -7.18 earnings per share for the current year.

Insider Transactions at Stem

In other Stem news, CEO Arun Narayanan sold 5,145 shares of the stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total value of $57,212.40. Following the sale, the chief executive officer owned 12,980 shares of the company’s stock, valued at $144,337.60. This trade represents a 28.39% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders sold 10,366 shares of company stock valued at $114,190. 10.17% of the stock is owned by company insiders.

Institutional Investors Weigh In On Stem

Hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc raised its position in Stem by 258.1% in the 3rd quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock valued at $26,000 after purchasing an additional 1,066 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Stem in the 4th quarter valued at about $29,000. Skandinaviska Enskilda Banken AB publ acquired a new stake in Stem in the 3rd quarter valued at about $55,000. Zweig DiMenna Associates LLC acquired a new stake in Stem in the 4th quarter valued at about $125,000. Finally, Renaissance Technologies LLC acquired a new stake in Stem in the 4th quarter valued at about $169,000. Institutional investors and hedge funds 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.