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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI Stock Caught Trading Under Secret Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
The Retirement of Your Dreams Awaits You… (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI Stock Caught Trading Under Secret Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
The Retirement of Your Dreams Awaits You… (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes
AI Stock Caught Trading Under Secret Name (Ad)
MarketBeat Week in Review – 2/19 - 2/23
Taiwan giant chipmaker TSMC opens first plant in Japan as part of key global expansion
AI Stock Caught Trading Under Secret Name (Ad)
A collection of the insights Warren Buffett offered in his annual letter Saturday
West Africa bloc lifts coup sanctions on Niger in a new push for dialogue to resolve tensions
The Retirement of Your Dreams Awaits You… (Ad)
West Africa's ECOWAS bloc says it's lifting sanctions imposed on Niger over last year’s coup in a new push for dialogue
Macron booed by French farmers who blame him for not doing enough to support agriculture
NYSE:STEM

Stem (STEM) Stock Price, News & Analysis

$2.67
-0.04 (-1.48%)
(As of 02/23/2024 ET)
Today's Range
$2.60
$2.77
50-Day Range
$2.67
$4.12
52-Week Range
$2.33
$9.54
Volume
3.73 million shs
Average Volume
3.28 million shs
Market Capitalization
$416.24 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.51

Stem MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
181.4% Upside
$7.51 Price Target
Short Interest
Bearish
27.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.30mentions of Stem in the last 14 days
Based on 13 Articles This Week
Insider Trading
Selling Shares
$309,671 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($1.17) to ($0.47) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.99 out of 5 stars

Computer And Technology Sector

415th out of 586 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

13th out of 25 stocks


STEM stock logo

About Stem Stock (NYSE:STEM)

Stem, Inc. is a leading provider of intelligent energy storage systems. Based in California, the company offers smart energy solutions to commercial, industrial, and residential customers, providing energy savings, grid support, and reliable backup power.

Stem's management team is led by Chief Executive Officer John Carrington, who has over 20 years of experience in the energy sector, including leadership positions at companies such as First Solar and the Department of Energy. Under his leadership, the company has experienced significant growth and expansion, with a focus on innovation and technology.

Stem has shown impressive financial performance in recent years, with steady revenue growth, but the company has yet to become profitable. The company has a healthy profit margin, and with increased revenue, the company is making strides toward profitability. Despite its financial performance, Stem has been managing its debt levels. In terms of ownership, the company has a diversified shareholder base, with institutional investors holding a significant portion of the outstanding shares. Stem's valuation metrics are also impressive, with a price-to-sales ratio averaging around nine, twice the industry average. The company's price-to-book ratio is higher than the industry average. This may indicate that investors are willing to pay a premium for Stem's growth potential. Regarding market performance, Stem's stock has experienced a significant decrease in price over the past few years. Since going public in 2020, the company's stock price has been on the downswing.

Stem operates in the broader energy storage industry, which has seen significant growth in recent years due to increased demand for renewable energy sources and the need for reliable backup power. The industry is highly competitive, with several established players and new entrants vying for market share.

Stem has differentiated itself through its innovative technology and focus on customer needs. The company's proprietary Athena AI platform allows for real-time energy optimization, improving customer efficiency and cost savings.

Stem's growth opportunities are numerous, with the company expanding into new markets and developing new products. In 2021, Stem announced a partnership with Canadian energy company Hydro-Quebec to strengthen its presence in the North American market. Additionally, the company has been investing in research and development, improving its technology, and expanding its product offerings.

Despite its strong industry position, Stem faces several risks and challenges. Changes in government policies and regulations could impact the company's growth potential, particularly in terms of incentives for renewable energy sources. Additionally, competition in the industry is intense and Stem must continue to innovate and differentiate itself to maintain its market position.

Overall, Stem is a well-positioned company with a strong track record of financial performance and a focus on innovation and technology. With its differentiated products and focus on customer needs, the company is well-positioned for continued growth and success in the dynamic energy storage industry.

STEM Stock Price History

STEM Stock News Headlines

Stem, Inc. (NYSE:STEM) CTO Sells $38,410.89 in Stock
Stem, Inc. (NYSE:STEM) Insider Saul R. Laureles Sells 10,959 Shares
Free Stock Analysis Report: See The True Value of Any Stock
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
Stem, Inc. (NYSE:STEM) CRO Sells $45,616.30 in Stock
Stem (STEM) Set to Announce Earnings on Wednesday
Matthew Tappin Sells 4,556 Shares of Stem, Inc. (NYSE:STEM) Stock
Free Stock Analysis Report: See The True Value of Any Stock
Get a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation.
Stem: Awaiting Software Inflection
Stem: The Slow Collapse Of Cash Is Worrying
Stem: Energizing Growth, Yet Draining Cash
Stem Announces Third Quarter 2023 Results
Stem Is On Track For A Positive H2
Stem: A Compelling Risk-Reward Story Unfolds
Stem: Are The Shares A Sell?
Stem Announces Second Quarter 2023 Results
Stem: Riding The Strong Tailwinds Of Clean Energy
See More Headlines
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Company Calendar

Last Earnings
5/04/2023
Today
2/24/2024
Next Earnings (Confirmed)
2/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Fax
N/A
Employees
660
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.51
High Stock Price Target
$17.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+181.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$-124,050,000.00
Pretax Margin
-30.61%

Debt

Sales & Book Value

Annual Sales
$449.54 million
Book Value
$3.57 per share

Miscellaneous

Free Float
141,678,000
Market Cap
$416.24 million
Optionable
Optionable
Beta
1.99
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STEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Stem stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stem in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" STEM shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in STEM, but not buy additional shares or sell existing shares.
View STEM analyst ratings
or view top-rated stocks.

What is Stem's stock price target for 2024?

15 brokers have issued 12-month price objectives for Stem's stock. Their STEM share price targets range from $3.50 to $17.00. On average, they expect the company's share price to reach $7.51 in the next year. This suggests a possible upside of 181.4% from the stock's current price.
View analysts price targets for STEM
or view top-rated stocks among Wall Street analysts.

How have STEM shares performed in 2024?

Stem's stock was trading at $3.88 at the start of the year. Since then, STEM shares have decreased by 31.2% and is now trading at $2.67.
View the best growth stocks for 2024 here
.

When is Stem's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our STEM earnings forecast
.

How can I listen to Stem's earnings call?

Stem will be holding an earnings conference call on Wednesday, February 28th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10022734".

How were Stem's earnings last quarter?

Stem, Inc. (NYSE:STEM) announced its quarterly earnings results on Thursday, May, 4th. The company reported ($0.29) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by $0.05. The company had revenue of $67 million for the quarter, compared to analysts' expectations of $63.34 million. Stem had a negative trailing twelve-month return on equity of 26.56% and a negative net margin of 30.70%. The company's revenue for the quarter was up 63.4% on a year-over-year basis. During the same period in the prior year, the business earned ($0.21) EPS.

How will Stem's stock buyback program work?

Stem declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 3rd 2023, which allows the company to repurchase $500,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 81.1% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's management believes its stock is undervalued.

Who are Stem's major shareholders?

Stem's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Schroder Investment Management Group (7.33%), Vanguard Group Inc. (7.14%), BNP Paribas Asset Management Holding S.A. (4.26%), Van ECK Associates Corp (0.91%), Rock Point Advisors LLC (0.90%) and Northern Trust Corp (0.82%). Insiders that own company stock include Adam Daley, Alan Russo, Anil Tammineedi, David S Buzby, John Eugene Carrington, Kim Homenock, Larsh Johnson, Lisa L Troe, Mark William Triplett, Matthew Tappin, Michael James Carlson, Prakesh Patel, Rahul Shukla, Saul R Laureles and William John Bush.
View institutional ownership trends
.

How do I buy shares of Stem?

Shares of STEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:STEM) was last updated on 2/24/2024 by MarketBeat.com Staff