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NYSE:STEM

Stem (STEM) Stock Forecast, Price & News

$5.52
+0.19 (+3.56%)
(As of 05/31/2023 ET)
Compare
Today's Range
$5.08
▼
$5.53
50-Day Range
$3.80
▼
$6.46
52-Week Range
$3.71
▼
$18.02
Volume
9.44 million shs
Average Volume
5.52 million shs
Market Capitalization
$858.53 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$12.42
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media

Stem MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.64 Rating Score
Upside/​Downside
125.1% Upside
$12.42 Price Target
Short Interest
Bearish
24.03% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.48mentions of Stem in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$297,875 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.64) to ($0.39) Per Share

Overall MarketRank™

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

2.09 out of 5 stars

Computer And Technology Sector

392nd out of 621 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

13th out of 27 stocks

See Top Rated MarketRank™ Stocks Here

STEM stock logo

About Stem (NYSE:STEM) Stock

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.

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STEM Stock News Headlines

May 31, 2023 | benzinga.com
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Stem, Inc. with Losses of $100,000 to Contact the Firm
May 25, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Receives New Coverage from Analysts at Evercore ISI
May 31, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
May 17, 2023 | investorplace.com
STEM Stock Alert: New Class-Action Lawsuit Targets Stem
May 15, 2023 | technews.tmcnet.com
SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Stem, Inc. with Losses of $100,000 to Contact the Firm
May 15, 2023 | marketwatch.com
Stem Cell Media Market Growth and Revenue by 2030
May 9, 2023 | americanbankingnews.com
Stem (NYSE:STEM) PT Lowered to $8.00
May 9, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Price Target Lowered to $8.00 at TD Cowen
May 31, 2023 | Behind the Markets (Ad)
The single greatest medical breakthrough of all time?
We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.
May 9, 2023 | americanbankingnews.com
Stem, Inc. (NYSE:STEM) Forecasted to Post FY2024 Earnings of ($0.33) Per Share
May 8, 2023 | americanbankingnews.com
Brokerages Set Stem, Inc. (NYSE:STEM) Price Target at $13.67
May 7, 2023 | americanbankingnews.com
John Eugene Carrington Sells 3,600 Shares of Stem, Inc. (NYSE:STEM) Stock
May 6, 2023 | americanbankingnews.com
Stock Repurchase Program Initiated by Stem (NYSE:STEM) Board
May 4, 2023 | seekingalpha.com
Stem, Inc. 2023 Q1 - Results - Earnings Call Presentation
May 3, 2023 | americanbankingnews.com
Stem (STEM) to Release Earnings on Thursday
May 2, 2023 | seekingalpha.com
Stem: Despite An Expanding Industry Trend, It Continues To Lose Money
April 19, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Reaches New 52-Week Low at $4.26
April 17, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Coverage Initiated at BMO Capital Markets
April 16, 2023 | marketwatch.com
Stem Cell Media Market Size by 2031
April 15, 2023 | marketwatch.com
Stem Cell Media Market 2023 Growth & Potentials till 2030
April 13, 2023 | americanbankingnews.com
Stem, Inc. (NYSE:STEM) Receives $14.59 Average Target Price from Analysts
April 9, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Given New $9.50 Price Target at UBS Group
April 8, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Reaches New 52-Week Low Following Analyst Downgrade
April 7, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Cut to Peer Perform at Wolfe Research
April 7, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Shares Down 6.2%
April 6, 2023 | americanbankingnews.com
Stem (NYSE:STEM) Shares Gap Down After Analyst Downgrade
April 5, 2023 | americanbankingnews.com
Stem (NYSE:STEM) PT Lowered to $12.00 at Morgan Stanley
See More Headlines
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STEM Company Calendar

Last Earnings
5/04/2023
Today
5/31/2023
Next Earnings (Estimated)
8/03/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Miscellaneous electrical machinery, equipment, & supplies
Sub-Industry
N/A
Sector
Computer and Technology
Current Symbol
NYSE:STEM
CUSIP
N/A
CIK
1758766
Web
www.stem.com
Phone
1-877-374-7836
Fax
N/A
Employees
213
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$12.42
High Stock Price Forecast
$24.00
Low Stock Price Forecast
$3.50
Forecasted Upside/Downside
+133.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.64
Research Coverage
14 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.95)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$-124,050,000.00
Net Margins
-37.59%
Pretax Margin
-37.60%
Return on Equity
-26.02%
Return on Assets
-10.34%

Debt

Debt-to-Equity Ratio
0.87
Current Ratio
1.85
Quick Ratio
1.70

Sales & Book Value

Annual Sales
$362.98 million
Price / Sales
2.28
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$3.33 per share
Price / Book
1.60

Miscellaneous

Outstanding Shares
155,530,000
Free Float
141,344,000
Market Cap
$828.97 million
Optionable
Optionable
Beta
2.06

Key Executives

  • Mr. John E. CarringtonMr. John E. Carrington (Age 55)
    CEO & Director
    Comp: $1.1M
  • Mr. William J. Bush CPAMr. William J. Bush CPA (Age 57)
    Chief Financial Officer
    Comp: $708.4k
  • Mr. Larsh M. JohnsonMr. Larsh M. Johnson (Age 64)
    Chief Technical Officer
    Comp: $601.61k
  • Mr. Brian Thompson
    Founder
  • Mr. Michael J. Carlson
    Chief Operating Officer
  • Mr. Rahul Shukla (Age 39)
    Chief Accounting Officer
  • Mr. Theodore J. Durbin
    Head of Investor Relations
  • Mr. Saul R. Laureles (Age 56)
    Chief Legal Officer & Corp. Sec.
  • Mr. Matt Tappin
    VP of Corp. Devel.
  • Kim Homenock
    Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













STEM Stock - Frequently Asked Questions

Should I buy or sell Stem stock right now?

14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Stem in the last year. There are currently 1 sell rating, 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" STEM shares.
View STEM analyst ratings or view top-rated stocks.

What is Stem's stock price forecast for 2023?

14 brokerages have issued 1 year price objectives for Stem's shares. Their STEM share price forecasts range from $3.50 to $24.00. On average, they anticipate the company's stock price to reach $12.42 in the next year. This suggests a possible upside of 133.1% 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 on January 1st, 2023. Since then, STEM shares have decreased by 40.4% and is now trading at $5.33.
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, August 3rd 2023.
View our STEM earnings forecast.

How were Stem's earnings last quarter?

Stem, Inc. (NYSE:STEM) issued its earnings results on Thursday, May, 4th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.24) by $0.05. The business had revenue of $67 million for the quarter, compared to the consensus estimate of $63.34 million. Stem had a negative net margin of 37.59% and a negative trailing twelve-month return on equity of 26.02%. The business's quarterly revenue was up 63.4% on a year-over-year basis. During the same period last year, the business earned ($0.21) EPS.

What ETFs hold Stem's stock?

ETFs with the largest weight of Stem (NYSE:STEM) stock in their portfolio include SPDR S&P Kensho Intelligent Structures ETF (SIMS), Invesco WilderHill Clean Energy ETF (PBW), Global X Clean Tech ETF (CTEC), Invesco Global Clean Energy ETF (PBD), ALPS Clean Energy ETF (ACES), Blue Horizon BNE ETF (BNE), WisdomTree Artificial Intelligence and Innovation Fund (WTAI) and First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN).

How will Stem's stock buyback program work?

Stem announced that its Board of Directors has authorized a share buyback plan on Wednesday, May 3rd 2023, which permits the company to buyback $500,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 81.1% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

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

Stem issued an update on its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $82.50 million-$97.50 million, compared to the consensus revenue estimate of $96.33 million.

What is Stem's stock symbol?

Stem trades on the New York Stock Exchange (NYSE) under the ticker symbol "STEM."

Who are Stem's major shareholders?

Stem's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.02%), Wellington Management Group LLP (2.78%), State Street Corp (2.00%), Geode Capital Management LLC (1.73%), CIBC Private Wealth Group LLC (1.06%) and William Blair Investment Management LLC (1.03%). Insiders that own company stock include Adam Daley, Alan Russo, Anil Tammineedi, David S Buzby, John Eugene Carrington, Kim Homenock, Larsh Johnson, Mark William Triplett, 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.

What is Stem's stock price today?

One share of STEM stock can currently be purchased for approximately $5.33.

How much money does Stem make?

Stem (NYSE:STEM) has a market capitalization of $828.97 million and generates $362.98 million in revenue each year. The company earns $-124,050,000.00 in net income (profit) each year or ($0.95) on an earnings per share basis.

How many employees does Stem have?

The company employs 213 workers across the globe.

How can I contact Stem?

Stem's mailing address is 100 Rollins Road, Millbrae CA, 94030. The official website for the company is www.stem.com. The company can be reached via phone at 1-877-374-7836 or via email at ir@stem.com.

This page (NYSE:STEM) was last updated on 5/31/2023 by MarketBeat.com Staff

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