Stem, Inc. (NYSE:STEM) Receives $10.86 Consensus Target Price from Analysts

Shares of Stem, Inc. (NYSE:STEM) have been given a consensus rating of “Hold” by the seven ratings firms that are covering the company, MarketBeat reports. Seven analysts have rated the stock with a hold rating. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $10.8571.

A number of brokerages have recently issued reports on STEM. Barclays set a $13.00 price target on Stem and gave the stock an “equal weight” rating in a research report on Monday, August 11th. UBS Group upped their target price on Stem from $8.60 to $16.00 and gave the company a “neutral” rating in a research report on Friday, August 22nd.

Stem Stock Performance

STEM stock opened at $21.57 on Tuesday. Stem has a one year low of $5.81 and a one year high of $33.60. The firm has a market cap of $180.96 million, a price-to-earnings ratio of -0.74 and a beta of 1.34. The firm has a 50-day simple moving average of $15.69 and a two-hundred day simple moving average of $11.34.

Stem (NYSE:STEM) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($3.73) EPS for the quarter, missing the consensus estimate of ($3.00) by ($0.73). The company had revenue of $38.40 million for the quarter, compared to analysts’ expectations of $32.18 million. Stem has set its FY 2025 guidance at EPS. As a group, equities analysts predict that Stem will post -0.52 earnings per share for the current fiscal year.

Institutional Trading of Stem

Institutional investors have recently bought and sold shares of the stock. Cerity Partners LLC purchased a new stake in Stem during the 1st quarter worth approximately $29,000. CWM LLC lifted its stake in shares of Stem by 317.7% during the first quarter. CWM LLC now owns 89,913 shares of the company’s stock worth $31,000 after buying an additional 68,386 shares during the period. Electron Capital Partners LLC grew its holdings in shares of Stem by 24.7% during the first quarter. Electron Capital Partners LLC now owns 163,390 shares of the company’s stock valued at $57,000 after buying an additional 32,313 shares during the last quarter. Nomura Holdings Inc. grew its holdings in shares of Stem by 24.1% during the first quarter. Nomura Holdings Inc. now owns 228,814 shares of the company’s stock valued at $80,000 after buying an additional 44,433 shares during the last quarter. Finally, Bridgeway Capital Management LLC acquired a new position in shares of Stem in the 2nd quarter valued at $97,000. 61.63% of the stock is currently owned by institutional investors and hedge funds.

Stem Company Profile

Stem, Inc operates as a digitally connected, intelligent, and renewable energy storage network provider worldwide. The company offers energy storage hardware sourced from original equipment manufacturers (OEMs); edge hardware to aid in the collection of site data and real-time operation and control of the site and other optional equipment; and Athena, a software platform, which offers battery hardware and software-enabled services to operate the energy storage systems.