Stem (NYSE:STEM) Shares Down 7.6% – Should You Sell?

Stem, Inc. (NYSE:STEM)’s stock price was down 7.6% during mid-day trading on Friday . The company traded as low as $4.71 and last traded at $4.73. 201,137 shares were traded during mid-day trading, an increase of 124% from the average daily volume of 89,737 shares. The stock had previously closed at $5.12.

Wall Street Analyst Weigh In

STEM has been the topic of a number of recent research reports. Barclays dropped their price target on Stem from $18.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Monday, July 27th. Susquehanna decreased their price objective on Stem from $10.00 to $7.50 and set a “neutral” rating for the company in a report on Friday, July 10th. New Street Research set a $8.00 price objective on Stem in a research note on Monday, July 27th. Roth Capital reaffirmed a “neutral” rating and set a $6.75 price objective on shares of Stem in a report on Monday, August 17th. Finally, Wall Street Zen upgraded shares of Stem from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 15th. Four equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $7.45.

Stem Stock Performance

The business’s 50 day moving average is $5.88 and its two-hundred day moving average is $8.25. The firm has a market capitalization of $45.55 million, a PE ratio of -0.56 and a beta of 1.52.

Stem (NYSE:STEM) last posted its earnings results on Wednesday, August 12th. The company reported ($1.58) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.75) by $0.17. The company had revenue of $33.65 million for the quarter, compared to analysts’ expectations of $36.65 million. As a group, equities research analysts predict that Stem, Inc. will post -7.04 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc increased its position in shares of Stem by 258.1% during the third quarter. IFP Advisors Inc now owns 1,479 shares of the company’s stock valued at $26,000 after buying an additional 1,066 shares during the period. International Assets Investment Management LLC bought a new position in shares of Stem in the fourth quarter valued at approximately $29,000. Zweig DiMenna Associates LLC bought a new position in shares of Stem in the fourth quarter valued at approximately $125,000. Renaissance Technologies LLC bought a new position in shares of Stem in the fourth quarter valued at approximately $169,000. Finally, Wells Fargo & Company MN grew its stake in Stem by 89.2% during the fourth quarter. Wells Fargo & Company MN now owns 11,646 shares of the company’s stock valued at $175,000 after acquiring an additional 5,492 shares in the last quarter. Institutional investors own 61.63% of the company’s stock.

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.