Brokerages Set Stem, Inc. (NYSE:STEM) PT at $18.50

Stem, Inc. (NYSE:STEM) has received a consensus recommendation of “Reduce” from the five ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and four have assigned a hold recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $18.50.

Several equities analysts recently commented on STEM shares. UBS Group reissued a “neutral” rating and issued a $12.00 price objective (down from $18.00) on shares of Stem in a research note on Tuesday, March 10th. Weiss Ratings raised shares of Stem from a “sell (d+)” rating to a “hold (c-)” rating 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.

Stem Stock Down 7.1%

Stem stock opened at $9.72 on Tuesday. The stock has a market cap of $82.83 million, a PE ratio of -1.03 and a beta of 1.30. Stem has a 12-month low of $5.81 and a 12-month high of $32.23. The business’s 50-day moving average price is $12.85 and its two-hundred day moving average price is $16.59.

Stem (NYSE:STEM) last posted its earnings results on Wednesday, March 4th. The company reported ($1.85) EPS for the quarter, topping analysts’ consensus estimates of ($1.96) by $0.11. The company had revenue of $47.14 million during the quarter, compared to the consensus estimate of $39.05 million. As a group, analysts expect that Stem will post -0.52 earnings per share for the current year.

Insider Transactions at Stem

In other Stem news, CEO Arun Narayanan sold 5,145 shares of the company’s stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $11.12, for a total value of $57,212.40. Following the completion of the transaction, the chief executive officer owned 12,980 shares of the company’s stock, valued at $144,337.60. This represents a 28.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last ninety days, insiders sold 10,366 shares of company stock valued at $114,190. 5.10% of the stock is owned by corporate insiders.

Institutional Trading of Stem

Several hedge funds and other institutional investors have recently made changes to their positions in STEM. AQR Capital Management LLC increased its stake in shares of Stem by 505.8% in the first quarter. AQR Capital Management LLC now owns 1,482,790 shares of the company’s stock valued at $519,000 after buying an additional 1,238,012 shares during the period. Bank of America Corp DE boosted its position in Stem by 104.0% during the 3rd quarter. Bank of America Corp DE now owns 217,871 shares of the company’s stock worth $3,817,000 after buying an additional 111,068 shares during the period. Two Sigma Investments LP boosted its position in Stem by 461.9% during the 3rd quarter. Two Sigma Investments LP now owns 94,045 shares of the company’s stock worth $1,648,000 after buying an additional 77,307 shares during the period. GSA Capital Partners LLP grew its holdings in Stem by 569.1% during the 4th quarter. GSA Capital Partners LLP now owns 79,216 shares of the company’s stock worth $1,192,000 after acquiring an additional 67,377 shares during the last quarter. Finally, Bridgeway Capital Management LLC increased its position in Stem by 346.2% in the 4th quarter. Bridgeway Capital Management LLC now owns 69,600 shares of the company’s stock valued at $1,047,000 after acquiring an additional 54,000 shares during the period. 61.63% of the stock is currently owned by institutional investors.

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.