Streetbeat News

STEM

Stem, Inc.

https://www.stem.com

Industry

Software - Infrastructure

Stem, Inc. operates as a digitally connected and intelligent energy storage network provider in the United States and internationally. It offers energy storage systems sourced from original equipment manufacturers (OEMs). The company also provides Athena, an artificial intelligence platform, which offers battery hardware and software-enabled services to operate the energy storage systems. In addition, it offers system design and engineering services, supply chain management, energy storage value stream optimization, warranty and preventive maintenance plan management, operation and maintenance reporting, and program enrollment and incentive management services. The company serves commercial and industrial enterprises, independent power producers, renewable project developers, and utilities and grid operators. Stem, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.

Open

0.36

Mkt cap

59M

Volume

4.2M

High

0.37

P/E Ratio

-0.07

52-wk high

4.30

Low

0.35

Div yield

N/A

52-wk low

0.30

UBS analyst Jon Windham has maintained a Buy rating on Stem, Inc. (NYSE:STEM) but has lowered the price target from $5 to $2.5. This adjustment reflects a change in valuation perspective while still endorsing the company's potential for growth.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 1:54 pm

Goldman Sachs analyst Brian Lee maintains a Neutral rating on Stem, Inc. (NYSE:STEM) and lowers the price target from $2.5 to $2.

Portfolio Pulse from Benzinga Newsdesk

May 06, 2024 | 3:31 pm

In Monday's pre-market session, several industrials stocks showed notable movements. Graphex Gr (GRFX) led the gainers with a 16.5% increase, while AERWINS Technologies (AWIN) experienced the largest drop among the losers, declining by 9.6%. Notably, Stem (STEM) shares rose by 8.08% following their Q1 earnings release two days ago.

Portfolio Pulse from Benzinga Insights

May 06, 2024 | 12:06 pm

In Friday's intraday session, several industrials stocks saw significant movements. AERWINS Technologies (AWIN) led the gainers with a 61.5% increase, while Professional Diversity (IPDN) experienced the largest drop among the losers, declining by 24.7%. Earnings reports released recently played a crucial role in these movements, affecting stocks like IES Holdings (IESC), Paylocity Holding (PCTY), MasTec (MTZ), Stem (STEM), Custom Truck One Source (CTOS), Terran Orbital (LLAP), Asure Software (ASUR), and YY Group Holding (YYGH).

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 4:31 pm

Evercore ISI Group analyst James West maintains an Outperform rating on Stem, Inc. (NYSE:STEM) but lowers the price target from $13 to $9.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 4:21 pm

BMO Capital analyst Ameet Thakkar has maintained a Market Perform rating on Stem, Inc. (NYSE:STEM) but lowered the price target from $2.5 to $1.85.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 3:46 pm

Stem, Inc. reported disappointing Q1 financial results, leading to an 18.7% drop in pre-market trading. Other companies like Sprout Social, Cloudflare, and Expedia also reported underwhelming results or guidance, causing significant pre-market declines. Overall, several U.S.-listed companies experienced drops in their stock prices in pre-market trading due to poor financial performance or outlook.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 12:19 pm

In Friday's pre-market session, industrials stocks saw significant movements. XPO, Interface, and Fluor reported their Q1 earnings, influencing their stock prices. Gainers included XPO, 1847 Holdings, Astra Space, Interface, Volato Group, and SKYX Platforms, with XPO leading at a 9.2% increase. Losers were led by Stem, Custom Truck One Source, Terran Orbital, Asure Software, Perma-Fix Environmental Services, and Fluor, with Stem experiencing the largest decline at 15.2%.

Portfolio Pulse from Benzinga Insights

May 03, 2024 | 12:06 pm

Stem Inc. shares are trading lower following the announcement of disappointing Q1 financial results and a reduction in its forecast for FY24 revenue.

Portfolio Pulse from Benzinga Newsdesk

May 03, 2024 | 10:49 am

Apple Inc. shares surged 6% in pre-market trading after announcing better-than-expected Q2 results, a $110-billion stock buyback program, and a dividend increase. Other stocks also moved significantly in pre-market trading, with notable gainers including Vaxxinity, El Pollo Loco, AXT, Inc., and Amgen Inc., each reporting positive financial results or corporate actions. Conversely, companies like NanoVibronix, Sprout Social, and Stem, Inc. saw declines due to disappointing financial results or corporate developments.

Portfolio Pulse from Avi Kapoor

May 03, 2024 | 9:57 am

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