Stem (NYSE:STEM) Given New $7.50 Price Target at Susquehanna

Stem (NYSE:STEM) had its price target cut by Susquehanna from $10.00 to $7.50 in a research report sent to investors on Friday, MarketBeat reports. They currently have a neutral rating on the stock.

Several other brokerages have also recently commented on STEM. Weiss Ratings cut shares of Stem from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, April 29th. UBS Group restated a “neutral” rating and set a $10.50 target price (down from $12.00) on shares of Stem in a research report on Monday, May 11th. Roth Capital reaffirmed a “neutral” rating and issued a $11.00 target price on shares of Stem in a report on Thursday, May 7th. Finally, Wall Street Zen downgraded shares of Stem from a “sell” rating to a “strong sell” rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Stem currently has an average rating of “Reduce” and a consensus target price of $11.75.

Stem Trading Down 1.2%

Shares of STEM traded down $0.09 during mid-day trading on Friday, hitting $7.00. The company’s stock had a trading volume of 87,417 shares, compared to its average volume of 94,383. The firm has a 50-day simple moving average of $8.51 and a 200 day simple moving average of $11.42. The firm has a market capitalization of $62.74 million, a P/E ratio of -0.80 and a beta of 1.45. Stem has a 1-year low of $6.70 and a 1-year high of $32.23.

Stem (NYSE:STEM) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($2.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.76) by ($0.46). The company had revenue of $29.00 million during the quarter, compared to analysts’ expectations of $34.61 million. As a group, sell-side analysts predict that Stem will post -7.76 EPS for the current fiscal year.

Institutional Investors Weigh In On Stem

Institutional investors and hedge funds have recently made changes to their positions in the business. GSA Capital Partners LLP grew its stake in Stem by 569.1% in 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 during the last quarter. Jump Financial LLC acquired a new position in Stem during the fourth quarter worth about $534,000. AQR Capital Management LLC raised its position in 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 acquiring an additional 1,238,012 shares during the last quarter. Nomura Holdings Inc. purchased a new stake in shares of Stem in the third quarter valued at about $267,000. Finally, Virtu Financial LLC lifted its holdings in shares of Stem by 11.0% in the third quarter. Virtu Financial LLC now owns 12,856 shares of the company’s stock valued at $225,000 after purchasing an additional 1,279 shares in the last quarter. 61.63% of the stock is currently owned by hedge funds and other institutional investors.

More Stem News

Here are the key news stories impacting Stem this week:

• Negative Sentiment: Susquehanna cut its price target on Stem to $7.50 from $10.00 and kept a neutral rating, signaling more cautious expectations for the stock’s near-term upside. Benzinga report The Fly report
• Neutral Sentiment: The other headlines in the feed are about stem-cell research breakthroughs and STEM education programs, not Stem, Inc.’s business, so they are unlikely to materially affect the company’s stock on their own.

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.