Analysts Set Stem, Inc. (NYSE:STEM) PT at $1.11

Shares of Stem, Inc. (NYSE:STEM - Get Free Report) have earned an average recommendation of "Hold" from the nine brokerages that are covering the company, MarketBeat.com reports. Eight analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $1.11.

A number of analysts recently weighed in on the stock. Susquehanna increased their price target on shares of Stem from $0.40 to $0.60 and gave the company a "neutral" rating in a research report on Thursday, May 1st. BMO Capital Markets cut their price target on shares of Stem from $0.50 to $0.40 and set a "market perform" rating on the stock in a research report on Wednesday, March 5th. UBS Group reiterated a "neutral" rating on shares of Stem in a research report on Monday, April 14th. Finally, Roth Mkm raised their target price on shares of Stem from $0.35 to $0.40 and gave the stock a "neutral" rating in a report on Wednesday, March 5th.

Stem Stock Performance

Shares of NYSE STEM traded down $0.00 during trading hours on Friday, hitting $0.46. The stock had a trading volume of 1,551,602 shares, compared to its average volume of 7,334,350. The company has a market capitalization of $76.00 million, a P/E ratio of -0.09 and a beta of 1.42. The firm's 50-day moving average price is $0.43 and its two-hundred day moving average price is $0.49. Stem has a 52 week low of $0.29 and a 52 week high of $1.68.

Stem (NYSE:STEM - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The company reported ($0.15) EPS for the quarter, topping analysts' consensus estimates of ($0.20) by $0.05. Stem had a negative return on equity of 275.79% and a negative net margin of 328.11%. The company had revenue of $32.51 million during the quarter, compared to analyst estimates of $28.59 million. As a group, analysts expect that Stem will post -0.52 EPS for the current fiscal year.

Institutional Trading of Stem

A number of large investors have recently modified their holdings of the business. AQR Capital Management LLC lifted its position in Stem by 505.8% in the 1st quarter. AQR Capital Management LLC now owns 1,482,790 shares of the company's stock worth $519,000 after buying an additional 1,238,012 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in Stem in the 4th quarter worth approximately $480,000. Collar Capital Management LLC bought a new stake in Stem in the 4th quarter worth approximately $223,000. Canada Pension Plan Investment Board bought a new stake in Stem in the 4th quarter worth approximately $203,000. Finally, Deutsche Bank AG lifted its position in Stem by 102.9% in the 4th quarter. Deutsche Bank AG now owns 622,731 shares of the company's stock worth $374,000 after buying an additional 315,823 shares during the last quarter. Institutional investors own 61.63% of the company's stock.

About Stem

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.