Stem (NYSE:STEM) Upgraded by Wall Street Zen to “Sell” Rating

Wall Street Zen upgraded shares of Stem (NYSE:STEM) from a strong sell rating to a sell rating in a research report report published on Saturday.

Several other research firms have also weighed in on STEM. Barclays lowered their price target on Stem from $18.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Susquehanna decreased their target price on shares of Stem from $10.00 to $7.50 and set a “neutral” rating for the company in a research note on Friday, July 10th. UBS Group restated a “neutral” rating and set a $7.00 target price (down from $10.50) on shares of Stem in a report on Friday. Roth Capital reiterated a “neutral” rating and issued a $11.00 price target on shares of Stem in a research note on Thursday, May 7th. Finally, New Street Research set a $8.00 price target on shares of Stem in a research note on Monday, July 27th. Four investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average price target of $8.30.

Stem Trading Up 1.3%

Stem stock opened at $6.32 on Friday. Stem has a 1-year low of $4.92 and a 1-year high of $32.23. The company has a fifty day simple moving average of $6.74 and a 200 day simple moving average of $9.36. The company has a market cap of $56.63 million, a P/E ratio of -0.74 and a beta of 1.50.

Stem (NYSE:STEM) last issued its quarterly earnings results on Wednesday, August 12th. The company reported ($1.58) EPS for the quarter, topping the consensus estimate of ($1.75) by $0.17. The business had revenue of $33.65 million for the quarter, compared to the consensus estimate of $36.65 million. On average, equities research analysts forecast that Stem will post -7.76 EPS for the current year.

Institutional Trading of Stem

A number of hedge funds have recently modified their holdings of the stock. IFP Advisors Inc raised its holdings 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 acquiring an additional 1,066 shares during the period. International Assets Investment Management LLC bought a new position in shares of Stem during the fourth quarter worth approximately $29,000. Bridgeway Capital Management LLC acquired a new stake in Stem during the 2nd quarter worth approximately $97,000. Zweig DiMenna Associates LLC bought a new stake in shares of Stem in the fourth quarter valued at about $125,000. Finally, Renaissance Technologies LLC acquired a new position in shares of Stem in the fourth 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.