NYSE:STEM

Stem (STEM) Stock Forecast, Price & News

$6.52

+0.33 (+5.33%)

(As of 08/11/2023 08:49 PM ET)

Compare

Today's Range: $6.03
▼
$6.57
50-Day Range: $5.01
▼
$7.34
52-Week Range: $3.71
▼
$18.02

Volume: 4.35 million shs
Average Volume: 5.54 million shs
Market Capitalization: $1.01 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.03

Stem MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.63 Rating Score
Upside/Downside: 84.6% Upside
$12.03 Price Target
Short Interest: Bearish
27.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.19
Based on 8 Articles This Week
Insider Trading: Selling Shares
$39,360 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.63) to ($0.37) Per Share

Overall MarketRank^™

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

1.95 out of 5 stars

Computer And Technology Sector

441st out of 608 stocks

Miscellaneous Electrical Machinery, Equipment, & Supplies Industry

18th out of 28 stocks

3.3

Analyst's Opinion

Consensus Rating
Stem has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 11 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $12.03, Stem has a forecasted upside of 84.6% from its current price of $6.52.
Amount of Analyst Coverage
Stem has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
27.70% of the float of Stem has been sold short.
Short Interest Ratio / Days to Cover
Stem has a short interest ratio ("days to cover") of 7.
Change versus previous month
Short interest in Stem has recently increased by 1.34%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Stem does not currently pay a dividend.
Dividend Growth
Stem does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for STEM.

2.9

News and Social Media Coverage

News Sentiment
Stem has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Stem this week, compared to 0 articles on an average week.
Search Interest
64 people have searched for STEM on MarketBeat in the last 30 days. This is an increase of 45% compared to the previous 30 days.
MarketBeat Follows
20 people have added Stem to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Stem insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $39,360.00 in company stock.
Percentage Held by Insiders
Only 9.12% of the stock of Stem is held by insiders.
Percentage Held by Institutions
60.84% of the stock of Stem is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Stem are expected to grow in the coming year, from ($0.63) to ($0.37) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Stem is -6.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Stem is -6.52, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Stem has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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.

STEM Price History

30 days | 90 days | 365 days | Advanced Chart

STEM Stock News Headlines

August 8, 2023 | americanbankingnews.com

Equities Analysts Offer Predictions for Stem, Inc.'s Q4 2024 Earnings (NYSE:STEM)

August 8, 2023 | americanbankingnews.com

Research Analysts Issue Forecasts for Stem, Inc.'s Q2 2023 Earnings (NYSE:STEM)

August 14, 2023 | Legacy Research (Ad)

Bizarre Amazon Secret — Not Available on CNN, Fox, or MSNBC

Amazon. It’s one of the most profitable companies on Earth. Yet, according to Brad Thomas, a multi-millionaire, best-selling author, and former economic advisor to President Trump... What few people realize is, thanks to a little-known IRS loophole — billions of dollars get paid out each year...

August 3, 2023 | seekingalpha.com

Stem, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 3, 2023 | finance.yahoo.com

Stem Announces Second Quarter 2023 Results

July 18, 2023 | seekingalpha.com

Stem: Aiming For First Mover Advantage In An Emerging Industry

July 17, 2023 | seekingalpha.com

Stem: Riding The Strong Tailwinds Of Clean Energy

July 10, 2023 | finance.yahoo.com

Global Stem Cell Banking Strategic Business Report 2023: Growing Incidence of Major Diseases to Boost the Demand for Stem Cells

August 14, 2023 | Behind the Markets (Ad)

"Chilling War Games Show US Forces Crushed" – FOX NEWS

=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>

June 14, 2023 | seekingalpha.com

Stem: On The Right Track With All Eyes On H2 2023

June 6, 2023 | seekingalpha.com

Stem: Shortsighted Shorts

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 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 | seekingalpha.com

Stem: The Software Premium Is Gone

May 15, 2023 | marketwatch.com

Stem Cell Media Market Growth and Revenue by 2030

May 4, 2023 | seekingalpha.com

Stem, Inc. 2023 Q1 - Results - Earnings Call Presentation

May 2, 2023 | seekingalpha.com

Stem: Despite An Expanding Industry Trend, It Continues To Lose Money

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

March 30, 2023 | finance.yahoo.com

Stem, Inc. Announces Pricing of Upsized Offering of $200 Million 4.25% Green Convertible Senior Notes Due 2030

March 29, 2023 | finance.yahoo.com

Stem, Inc. Announces Proposed $175 Million Green Convertible Senior Notes Offering

March 21, 2023 | seekingalpha.com

Stem: Trading At All-Time Lows Despite Growing Margins And Revenue

March 10, 2023 | finance.yahoo.com

Stem Announces Minimal Exposure to Silicon Valley Bank

February 16, 2023 | finance.yahoo.com

Stem Announces Fourth Quarter and Full Year 2022 Results

February 4, 2023 | msn.com

The top 10 best U.S. cities for STEM careers, according to new research

November 4, 2022 | finance.yahoo.com

Stem Announces Third Quarter 2022 Results

See More Headlines

Receive STEM Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Stem and its competitors with MarketBeat's FREE daily newsletter.

STEM Company Calendar

Last Earnings: 5/04/2023
Today: 8/14/2023
Next Earnings (Estimated): 11/02/2023
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: 660
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $12.03
High Stock Price Forecast: $24.00
Low Stock Price Forecast: $3.50
Forecasted Upside/Downside: +84.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.63
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.00)
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: -22.92%
Pretax Margin: -22.81%
Return on Equity: -26.21%
Return on Assets: -9.90%

Debt

Debt-to-Equity Ratio: 1.01
Current Ratio: 1.99
Quick Ratio: 1.70

Sales & Book Value

Annual Sales: $362.98 million
Price / Sales: 2.79
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.34 per share
Price / Book: 1.95

Miscellaneous

Outstanding Shares: 155,530,000
Free Float: 141,344,000
Market Cap: $1.01 billion
Optionable: Optionable
Beta: 2.01

Beginners Guide To Pot Stock Investing

Click the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise.

Get This Free Report

Key Executives

Mr. John E. Carrington (Age 56)
CEO & Director
Comp: $1.16M

Mr. William J. Bush CPA (Age 58)
Chief Financial Officer
Comp: $747.8k

Mr. Saul R. Laureles (Age 57)
Chief Legal Officer & Corp. Sec.
Comp: $621.15k

Ms. Kim Homenock (Age 49)
Chief People Officer
Comp: $553.28k

Mr. Robert J. Schaefer (Age 61)
Pres of Transformational Initiatives
Comp: $636.51k

Mr. Brian Thompson
Founder

Mr. Michael J. Carlson (Age 59)
Chief Operating Officer

Mr. Rahul Shukla (Age 40)
Chief Accounting Officer

Mr. Larsh M. Johnson (Age 65)
Chief Technical Officer

Mr. Theodore J. Durbin
Head of Investor Relations

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?: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stem in the last year. There are currently 1 sell rating, 4 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" STEM shares.
View STEM analyst ratings or view top-rated stocks.
What is Stem's stock price forecast for 2023?: 16 analysts have issued 12 month target prices for Stem's stock. Their STEM share price forecasts range from $3.50 to $24.00. On average, they expect the company's share price to reach $12.03 in the next year. This suggests a possible upside of 84.6% 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 start of the year. Since then, STEM shares have decreased by 27.1% and is now trading at $6.52.
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, November 2nd 2023.
View our STEM earnings forecast.
How were Stem's earnings last quarter?: Stem, Inc. (NYSE:STEM) announced 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 company had revenue of $67 million for the quarter, compared to analyst estimates of $63.34 million. Stem had a negative trailing twelve-month return on equity of 26.21% and a negative net margin of 22.92%. The company's revenue for the quarter was up 63.4% compared to the same quarter last year. During the same period last year, the company 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), Invesco Global Clean Energy ETF (PBD), SoFi Smart Energy ETF (ENRG), SoFi Smart Energy ETF (SHFT), Global X Clean Tech ETF (CTEC), ALPS Clean Energy ETF (ACES) and Etho Climate Leadership US ETF (ETHO).
How will Stem's stock buyback program work?: Stem declared that its board has initiated a share repurchase program on Wednesday, May 3rd 2023, which permits the company to repurchase $500,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 81.1% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

What guidance has Stem issued on next quarter's earnings?: Stem issued an update on its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $165.00 million-$195.00 million, compared to the consensus revenue estimate of $178.59 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 shareholders include Schroder Investment Management Group (6.84%), BlackRock Inc. (6.80%), BNP PARIBAS ASSET MANAGEMENT Holding S.A. (1.97%), Geode Capital Management LLC (1.82%), William Blair Investment Management LLC (1.03%) and Van ECK Associates Corp (1.03%). 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, 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 $6.52.
How much money does Stem make?: Stem (NYSE:STEM) has a market capitalization of $1.01 billion and generates $362.98 million in revenue each year. The company earns $-124,050,000.00 in net income (profit) each year or ($1.00) on an earnings per share basis.
How many employees does Stem have?: The company employs 660 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 8/14/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial