Susquehanna Cuts Stem (NYSE:STEM) Price Target to $10.00

Key Points

• Susquehanna cut its price target for Stem from $21.00 to $10.00 while maintaining a "neutral" rating, implying roughly a 5.15% upside from the current share price.
• Analyst sentiment is weakening: the consensus rating is "Reduce" with a mean price target of $15.75, and multiple firms (UBS, Wall Street Zen, Weiss) have recently lowered targets or downgraded the stock.
• Stem trades around $9.51 with a market cap near $81M and negative EPS despite a revenue beat last quarter, and insiders—including CEO Arun Narayanan—have reduced holdings through recent share sales.

Stem (NYSE:STEM - Get Free Report) had its price objective dropped by Susquehanna from $21.00 to $10.00 in a report issued on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Susquehanna's price objective would indicate a potential upside of 5.15% from the stock's current price.

Several other research analysts have also recently weighed in on STEM. Weiss Ratings upgraded Stem from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, March 10th. UBS Group restated a "neutral" rating and issued a $12.00 price target (down from $18.00) on shares of Stem in a research note on Tuesday, March 10th. Finally, Wall Street Zen cut Stem from a "hold" rating to a "sell" rating in a research note on Saturday, March 7th. Four analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $15.75.

Stem Stock Performance

Shares of STEM stock traded down $0.17 during mid-day trading on Thursday, hitting $9.51. The company's stock had a trading volume of 19,090 shares, compared to its average volume of 206,704. Stem has a 52-week low of $5.81 and a 52-week high of $32.23. The business has a 50-day moving average price of $11.05 and a 200 day moving average price of $16.18. The stock has a market cap of $81.03 million, a price-to-earnings ratio of -1.01 and a beta of 1.40.

Stem (NYSE:STEM - Get Free Report) last posted its quarterly earnings results on Wednesday, March 4th. The company reported ($1.85) earnings per share for the quarter, topping the consensus estimate of ($1.96) by $0.11. The business had revenue of $47.14 million during the quarter, compared to analysts' expectations of $39.05 million. Equities research analysts predict that Stem will post -0.52 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Arun Narayanan sold 5,145 shares of the company's stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total transaction of $57,212.40. Following the completion of the sale, the chief executive officer owned 12,980 shares in the company, valued at approximately $144,337.60. This represents a 28.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 10,366 shares of company stock worth $114,190 in the last three months. 5.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Stem

Hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc grew its holdings in Stem by 258.1% during the third quarter. IFP Advisors Inc now owns 1,479 shares of the company's stock valued at $26,000 after purchasing an additional 1,066 shares during the period. International Assets Investment Management LLC bought a new stake in Stem during the fourth quarter valued at about $29,000. Skandinaviska Enskilda Banken AB publ bought a new stake in Stem during the third quarter valued at about $55,000. Zweig DiMenna Associates LLC bought a new stake in Stem during the fourth quarter valued at about $125,000. Finally, Renaissance Technologies LLC bought a new stake in Stem during the fourth quarter valued at about $169,000. 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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