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

Shares of Stem, Inc. (NYSE:STEMGet Free Report) have been given a consensus rating of “Reduce” by the five brokerages that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and four have given a hold recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $18.50.

Several research firms have recently weighed in on STEM. Wall Street Zen cut shares of Stem from a “hold” rating to a “sell” rating in a research report on Saturday, March 7th. UBS Group reissued a “neutral” rating and issued a $12.00 target price (down from $18.00) on shares of Stem in a research note on Tuesday, March 10th. Finally, Weiss Ratings upgraded Stem from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, March 10th.

Check Out Our Latest Research Report on STEM

Insider Activity at Stem

In related news, CEO Arun Narayanan sold 5,145 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total transaction of $57,212.40. Following the transaction, the chief executive officer directly owned 12,980 shares of the company’s stock, valued at approximately $144,337.60. This trade represents a 28.39% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders sold 10,366 shares of company stock worth $114,190. 5.10% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of STEM. IFP Advisors Inc raised its stake in shares of Stem by 258.1% during the third quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock worth $26,000 after acquiring an additional 1,066 shares in the last quarter. Virtu Financial LLC boosted its stake in shares of Stem by 11.0% in the 3rd 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. Geode Capital Management LLC grew its holdings in shares of Stem by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 88,246 shares of the company’s stock valued at $1,329,000 after purchasing an additional 1,821 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of Stem during the 4th quarter valued at $29,000. Finally, Skandinaviska Enskilda Banken AB publ purchased a new position in Stem in the 3rd quarter worth $55,000. 61.63% of the stock is currently owned by institutional investors.

Stem Trading Down 9.9%

STEM stock opened at $8.76 on Tuesday. The company’s 50 day moving average is $12.62 and its 200 day moving average is $16.57. The stock has a market cap of $74.60 million, a price-to-earnings ratio of -0.92 and a beta of 1.30. Stem has a 1-year low of $5.81 and a 1-year high of $32.23.

Stem (NYSE:STEMGet Free Report) last announced its earnings results on Wednesday, March 4th. The company reported ($1.85) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.96) by $0.11. The company had revenue of $47.14 million for the quarter, compared to the consensus estimate of $39.05 million. As a group, sell-side analysts forecast that Stem will post -0.52 EPS for the current fiscal year.

Key Headlines Impacting Stem

Here are the key news stories impacting Stem this week:

Stem Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Stem (NYSE:STEM)

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