Stem (NYSE:STEM) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Stem from “strong sell” to “sell,” but the broader analyst consensus remains “Reduce,” with an average price target of $8.30.
• Stem shares opened at $6.32, near the lower end of their 52-week range, while the company reported a quarterly loss of $1.58 per share and revenue of $33.65 million, below expectations.
• Institutional investors own approximately 61.63% of Stem, with several funds recently increasing or initiating positions in the energy-storage technology company.

Stem (NYSE:STEM - Get Free Report) was upgraded by investment analysts at Wall Street Zen from a "strong sell" rating to a "sell" rating in a report released on Saturday.

A number of other equities research analysts have also weighed in on STEM. Weiss Ratings reiterated a "sell (d+)" rating on shares of Stem in a research note on Friday, July 24th. New Street Research set a $8.00 price objective on Stem in a report on Monday, July 27th. Barclays cut their price objective on Stem from $18.00 to $8.00 and set an "equal weight" rating for the company in a report on Monday, July 27th. UBS Group reissued a "neutral" rating and issued a $7.00 target price (down from $10.50) on shares of Stem in a report on Friday. Finally, Roth Capital reissued a "neutral" rating and issued a $11.00 target price on shares of Stem in a report on Thursday, May 7th. Four equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and an average target price of $8.30.

Stem Stock Up 1.3%

Shares of NYSE STEM opened at $6.32 on Friday. The firm's 50-day moving average price is $6.74 and its 200-day moving average price is $9.36. The company has a market cap of $56.63 million, a PE ratio of -0.74 and a beta of 1.50. Stem has a 52-week low of $4.92 and a 52-week high of $32.23.

Stem (NYSE:STEM - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($1.58) earnings per share for the quarter, beating the consensus estimate of ($1.75) by $0.17. The company had revenue of $33.65 million for the quarter, compared to analysts' expectations of $36.65 million. As a group, equities research analysts anticipate that Stem will post -7.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. GSA Capital Partners LLP grew its position in shares of Stem by 569.1% during the 4th quarter. GSA Capital Partners LLP now owns 79,216 shares of the company's stock valued at $1,192,000 after acquiring an additional 67,377 shares during the period. International Assets Investment Management LLC bought a new position in Stem in the 4th quarter worth $29,000. Mangrove Partners IM LLC bought a new position in Stem in the 4th quarter worth $272,000. Nomura Holdings Inc. purchased a new position in Stem during the third quarter valued at $267,000. Finally, Virtu Financial LLC lifted its position in Stem by 11.0% during the third 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. Hedge funds and other institutional investors own 61.63% of the company's stock.

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.

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