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NVDA   467.70 (-2.85%)
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GE   121.74 (+2.42%)
DIS   92.69 (+0.21%)
AMC   6.65 (-7.39%)
PFE   30.44 (+1.20%)
PYPL   57.61 (-0.62%)
XOM   102.80 (+0.45%)
QQQ   388.83 (-0.25%)
AAPL   189.95 (+0.31%)
MSFT   378.91 (+0.02%)
META   327.15 (-1.52%)
GOOGL   132.53 (-1.82%)
AMZN   146.09 (-0.16%)
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NVDA   467.70 (-2.85%)
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BABA   74.86 (+0.25%)
AMD   121.16 (-2.17%)
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GE   121.74 (+2.42%)
DIS   92.69 (+0.21%)
AMC   6.65 (-7.39%)
PFE   30.44 (+1.20%)
PYPL   57.61 (-0.62%)
XOM   102.80 (+0.45%)
QQQ   388.83 (-0.25%)
AAPL   189.95 (+0.31%)
MSFT   378.91 (+0.02%)
META   327.15 (-1.52%)
GOOGL   132.53 (-1.82%)
AMZN   146.09 (-0.16%)
TSLA   240.08 (-1.66%)
NVDA   467.70 (-2.85%)
NIO   7.28 (+1.39%)
BABA   74.86 (+0.25%)
AMD   121.16 (-2.17%)
T   16.57 (+1.66%)
F   10.28 (-2.93%)
MU   76.12 (-0.74%)
CGC   0.56 (+0.00%)
GE   121.74 (+2.42%)
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PFE   30.44 (+1.20%)
PYPL   57.61 (-0.62%)
XOM   102.80 (+0.45%)

Stem Stock Price, News & Analysis (NYSE:STEM)

$2.87
+0.08 (+2.87%)
(As of 11/30/2023 ET)
Compare
Today's Range
$2.71
$2.99
50-Day Range
$2.40
$4.34
52-Week Range
$2.33
$13.59
Volume
4.46 million shs
Average Volume
5.03 million shs
Market Capitalization
$447.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.33

Stem MarketRank™ Stock Analysis

Analyst Rating
Hold
2.35 Rating Score
Upside/​Downside
224.9% Upside
$9.33 Price Target
Short Interest
Bearish
28.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$298,840 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.02) to ($0.47) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Computer And Technology Sector

314th out of 601 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

12th out of 27 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

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Stem: Energizing Growth, Yet Draining Cash
Stem Announces Third Quarter 2023 Results
Stem Is On Track For A Positive H2
The Only Practical Solution to the World’s Looming Energy Crisis
There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
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
Stem: On The Right Track With All Eyes On H2 2023
Stem: Shortsighted Shorts
Stem: The Software Premium Is Gone
Stem Cell Media Market Size by 2031
See More Headlines
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Company Calendar

Last Earnings
11/02/2023
Today
11/30/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
2/15/2024

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
$9.33
High Stock Price Target
$20.00
Low Stock Price Target
$3.50
Potential Upside/Downside
+224.9%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
17 Analysts

Profitability

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

Debt

Sales & Book Value

Annual Sales
$449.54 million
Book Value
$2.91 per share

Miscellaneous

Free Float
141,678,000
Market Cap
$447.42 million
Optionable
Optionable
Beta
2.18
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STEM Stock Analysis - Frequently Asked Questions

Should I buy or sell Stem stock right now?

17 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stem in the last twelve months. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research 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?

17 Wall Street research analysts have issued 12 month target prices for Stem's shares. Their STEM share price targets range from $3.50 to $20.00. On average, they anticipate the company's stock price to reach $9.33 in the next twelve months. This suggests a possible upside of 224.9% 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 2023?

Stem's stock was trading at $8.94 at the beginning of 2023. Since then, STEM shares have decreased by 67.9% and is now trading at $2.87.
View the best growth stocks for 2023 here
.

When is Stem's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our STEM earnings forecast
.

How were Stem's earnings last quarter?

Stem, Inc. (NYSE:STEM) issued its earnings results on Thursday, November, 2nd. The company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.18) by $0.01. The business had revenue of $133.74 million for the quarter, compared to the consensus estimate of $182.46 million. Stem had a negative trailing twelve-month return on equity of 26.56% and a negative net margin of 30.70%.

How will Stem's stock buyback program work?

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

What guidance has Stem issued on next quarter's earnings?

Stem updated its FY 2023 earnings guidance on Thursday, November, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $513.00 million-$613.00 million, compared to the consensus revenue estimate of $601.34 million.

Who are Stem's major shareholders?

Stem's stock is owned by many different retail and institutional investors. Top institutional investors include Schroder Investment Management Group (7.10%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (4.07%), Electron Capital Partners LLC (3.19%), Alkeon Capital Management LLC (2.49%), Invesco Ltd. (1.40%) and Van ECK Associates Corp (0.98%). 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, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:STEM) was last updated on 11/30/2023 by MarketBeat.com Staff

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