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

Shares of Stem, Inc. (NYSE:STEM) have received a consensus rating of “Reduce” from the five ratings firms that are currently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average twelve-month target price among brokerages 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. Wall Street Zen lowered shares of Stem from a “hold” rating to a “sell” rating in a research note on Saturday, March 7th. Weiss Ratings upgraded shares of Stem from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, March 10th. Finally, UBS Group reissued a “neutral” rating and issued a $12.00 price objective (down from $18.00) on shares of Stem in a research report on Tuesday, March 10th.

Stem Trading Up 4.3%

Stem stock opened at $10.12 on Tuesday. The firm has a market capitalization of $86.18 million, a P/E ratio of -1.07 and a beta of 1.31. Stem has a twelve month low of $5.81 and a twelve month high of $32.23. The stock’s fifty day simple moving average is $13.42 and its 200-day simple moving average is $16.71.

Stem (NYSE:STEM) last released its earnings results on Wednesday, March 4th. The company reported ($1.85) EPS for the quarter, topping the consensus estimate of ($1.96) by $0.11. The company had revenue of $47.14 million for the quarter, compared to analyst estimates of $39.05 million. Sell-side analysts predict that Stem will post -0.52 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Arun Narayanan sold 5,145 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total value of $57,212.40. Following the transaction, the chief executive officer owned 12,980 shares of the company’s stock, valued at $144,337.60. This represents a 28.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 10,366 shares of company stock valued at $114,190 over the last 90 days. Corporate insiders own 10.17% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in STEM. Hsbc Holdings PLC raised its position in shares of Stem by 48.1% during the 4th quarter. Hsbc Holdings PLC now owns 28,424 shares of the company’s stock worth $434,000 after acquiring an additional 9,233 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in Stem in the fourth quarter valued at approximately $177,000. Bridgeway Capital Management LLC raised its holdings in Stem by 346.2% during the fourth quarter. Bridgeway Capital Management LLC now owns 69,600 shares of the company’s stock worth $1,047,000 after purchasing an additional 54,000 shares in the last quarter. Trexquant Investment LP purchased a new stake in shares of Stem during the 4th quarter worth approximately $385,000. Finally, Jump Financial LLC purchased a new stake in shares of Stem during the 4th quarter worth approximately $534,000. 61.63% of the stock is owned by institutional investors and hedge funds.

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.