StemSTEM
STEM
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
14.28% less ownership
Funds ownership: 49.23% [Q2] → 34.95% (-14.28%) [Q3]
17% less funds holding
Funds holding: 179 [Q2] → 148 (-31) [Q3]
18% less call options, than puts
Call options by funds: $252K | Put options by funds: $307K
31% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 52
53% less first-time investments, than exits
New positions opened: 27 | Existing positions closed: 58
78% less capital invested
Capital invested by funds: $88.6M [Q2] → $19.8M (-$68.7M) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$0.30
7%
downside
Avg. target
$0.63
95%
upside
High target
$1
209%
upside
5 analyst ratings
1 positive
20%
4 neutral
80%
0 negative
0%
Piper Sandler Kashy Harrison 39% 1-year accuracy 16 / 41 met price target | 7%downside $0.30 | Neutral Maintained | 22 Nov 2024 |
UBS Jon Windham 28% 1-year accuracy 5 / 18 met price target | 85%upside $0.60 | Buy Maintained | 8 Nov 2024 |
Goldman Sachs Brian Lee 38% 1-year accuracy 31 / 81 met price target | 101%upside $0.65 | Neutral Maintained | 1 Nov 2024 |
Barclays Christine Cho 50% 1-year accuracy 23 / 46 met price target | 209%upside $1 | Equal-Weight Maintained | 18 Oct 2024 |
Susquehanna Biju Perincheril 21% 1-year accuracy 15 / 71 met price target | 85%upside $0.60 | Neutral Maintained | 16 Oct 2024 |
Financial journalist opinion
Neutral
Business Wire
4 days ago
Stem's AI-Enabled PowerBidder™ Pro to Help Drive Returns for Second Asset in Mercuria Energy Trading ERCOT Portfolio
SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM) (“Stem” or the “Company”), a global leader in artificial intelligence (AI)-enabled clean energy software and services, today announced that Mercuria Energy Trading, a leading global energy trader, has standardized on Stem's PowerBidder™ Pro to support bidding management and optimization strategies for a second clean energy asset within the Electric Reliability Council of Texas (ERCOT). Deployed fewer than 60 days after contracting, the software'.
Negative
Zacks Investment Research
1 week ago
STEM Plunges 91% YTD: How Should Investors Approach the Stock?
Despite a 91% YTD decline, Stem's new business roadmap alongside its competitive edge due to AI may help it recover over the next year.
Neutral
Seeking Alpha
1 month ago
Stem, Inc. (STEM) Q3 2024 Earnings Call Transcript
Stem, Inc. (NYSE:STEM ) Q3 2024 Earnings Call October 30, 2024 5:00 PM ET Company Participants Ted Durbin - Head, Investor Relations David Buzby - Interim Chief Executive Officer Doran Hole - Chief Financial Officer and Executive Vice President Mike Carlson - Chief Operating Officer Conference Call Participants James West - Evercore ISI Thomas Boyes - TD Cowen Justin Clare - ROTH Capital Partners Operator Good day, everyone and welcome to the Stem Inc. Third Quarter 2024 Results Conference Call. [Operator Instructions] Please also note that today's event is being recorded.
Negative
Zacks Investment Research
1 month ago
Stem, Inc. (STEM) Reports Q3 Loss, Lags Revenue Estimates
Stem, Inc. (STEM) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.17 per share a year ago.
Neutral
Business Wire
1 month ago
Stem Announces Third Quarter 2024 Results
SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (“Stem,” “we” or the “Company”) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy solutions and services, announced today its financial results for the three and nine months ended September 30, 2024. “We reported another strong quarter of growth in Annual Recurring Revenue, driven by continued adoption of our industry-leading software,” said David Buzby, Interim Chief Executive Officer of Stem. “Revenue was down signific.
Neutral
PRNewsWire
1 month ago
SkinSpirit joins Allergan Aesthetics in Supporting Girls Inc. and Empowering the New Generation of Women in STEM
SkinSpirit will make a kick-off donation and offer clients the ability to donate directly to Girls Inc. from November 1 – 15th IRVINE, Calif. , Oct. 29, 2024 /PRNewswire/ -- In its sixth year of partnership with Girls Inc., Allergan Aesthetics, an AbbVie company, will be joined by SkinSpirit, a premier destination for medical aesthetics and skincare, in their efforts to inspire girls to be strong, smart and bold and explore career paths in STEM.
Positive
Zacks Investment Research
1 month ago
Stem, Inc. (STEM) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Stem (STEM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month ago
Stem Appoints Albert Hofeldt as Chief Technology Officer
SAN FRANCISCO--(BUSINESS WIRE)--Stem Inc. (NYSE: STEM), a global leader in AI-enabled clean energy software and services, today announced Albert Hofeldt, PhD as Stem's Chief Technology Officer (CTO), reporting to interim Chief Executive Officer (CEO), David Buzby, effective immediately. In his prior role as the Company's Executive Vice President (EVP) of Technology, Dr. Hofeldt has successfully led the critical responsibilities of advancing the Company's technology innovation since 2022 and wil.
Neutral
GlobeNewsWire
2 months ago
Increasing Demand for Sustainability to Drive the Stem Wrap Market | Future Market Insights, Inc.
Global Stem Wrap Market Poised for USD 313.1 Million Valuation by 2034, Driven by Floral Industry Expansion and Rising Aesthetic Demands. The global stem wrap industry is experiencing rapid growth, due to the increasing consumer preference for natural flowers and the evolving demand for aesthetic and customized floral presentations Global Stem Wrap Market Poised for USD 313.1 Million Valuation by 2034, Driven by Floral Industry Expansion and Rising Aesthetic Demands. The global stem wrap industry is experiencing rapid growth, due to the increasing consumer preference for natural flowers and the evolving demand for aesthetic and customized floral presentations
Neutral
PRNewsWire
2 months ago
Allergan Aesthetics and Girls Inc. Celebrate Six Years and Challenge You to Take the Pledge to Support Mentorship in STEM
-- Live panel discussion at the Girls Inc. Be Bold LeadHERS Summit at Houston Community College with expert women healthcare providers IRVINE, Calif. , Oct. 4, 2024 /PRNewswire/ -- Today Allergan Aesthetics, an AbbVie company, announces the sixth consecutive year of partnership with Girls Inc. The partnership supports high school and college girls' interest in STEM and mentorship.
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