StemSTEM
Market Cap: $71.9M
About: Stem Inc is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. The Company operates as one operating segment that is focused exclusively on innovative technology services that transform the way energy is distributed and consumed.
Employees: 624
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
24% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 46
13.09% less ownership
Funds ownership: 61.64% [Q1] → 48.55% (-13.09%) [Q2]
15% less funds holding
Funds holding: 206 [Q1] → 176 (-30) [Q2]
50% less call options, than puts
Call options by funds: $765K | Put options by funds: $1.54M
53% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 57
59% less capital invested
Capital invested by funds: $214M [Q1] → $87.1M (-$127M) [Q2]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Susquehanna Biju Perincheril 44% 1-year accuracy 33 / 75 met price target | 13%upside $0.50 | Neutral Downgraded | 9 Aug 2024 |
Goldman Sachs Brian Lee 59% 1-year accuracy 27 / 46 met price target | 70%upside $0.75 | Neutral Maintained | 8 Aug 2024 |
UBS Jon Windham 40% 1-year accuracy 8 / 20 met price target | 126%upside $1 | Buy Maintained | 8 Aug 2024 |
TD Cowen Thomas Boyes 0% 1-year accuracy 0 / 5 met price target | 126%upside $1 | Hold Downgraded | 7 Aug 2024 |
Evercore ISI Group James West 42% 1-year accuracy 13 / 31 met price target | 1,031%upside $5 | Outperform Maintained | 7 Aug 2024 |