Stem, Inc. (STEM)

NYSE: STEM · IEX Real-Time Price · USD
1.370
+0.160 (13.22%)
At close: May 14, 2024, 4:00 PM
1.360
-0.010 (-0.73%)
Pre-market: May 15, 2024, 8:04 AM EDT
13.22%
Market Cap 221.46M
Revenue (ttm) 419.58M
Net Income (ttm) -167.94M
Shares Out 161.65M
EPS (ttm) -1.45
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 12,740,872
Open 1.290
Previous Close 1.210
Day's Range 1.240 - 1.400
52-Week Range 1.160 - 7.785
Beta 1.91
Analysts Hold
Price Target 4.75 (+246.72%)
Earnings Date May 2, 2024

About STEM

Stem, Inc. operates as a digitally connected, intelligent, and renewable energy storage network provider worldwide. The company offers energy storage hardware sourced from original equipment manufacturers (OEMs); edge hardware to aid in the collection of site data and real-time operation and control of the site and other optional equipment; and Athena, a software platform, which offers battery hardware and software-enabled services to operate the energy storage systems. It serves commercial and industrial enterprises, independent power producer... [Read more]

Sector Technology
Founded 2009
Employees 624
Stock Exchange NYSE
Ticker Symbol STEM
Full Company Profile

Financial Performance

In 2023, Stem, Inc.'s revenue was $461.52 million, an increase of 27.15% compared to the previous year's $362.98 million. Losses were -$140.41 million, 13.2% more than in 2022.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for STEM stock is "Hold." The 12-month stock price forecast is $4.75, which is an increase of 246.72% from the latest price.

Price Target
$4.75
(246.72% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Stem Announces PowerTrack™ APM for Comprehensive Solar and Storage Energy Portfolio Management

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced its new PowerTrack™ Asset Performance Management (APM) suite, a pow...

12 days ago - Business Wire

Stem Announces First 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 ...

12 days ago - Business Wire

Stem Announces Appointment of AI Industry Leader as New Independent Director

SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the appointment of Gerard Cunningham...

25 days ago - Business Wire

Stem Announces First Quarter 2024 Earnings Results Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a leader in AI-driven clean energy solutions and services, will hold a conference call on Thursday, May 2, 2024, to discuss its results for the quart...

4 weeks ago - Business Wire

Stem's PowerBidder™ Pro Selected by Two CCAs in CAISO

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a leader in AI-driven clean energy solutions and services, today announced that its Athena® PowerBidder™ Pro application has been selected by two com...

2 months ago - Business Wire

Mercuria Energy Trading Selects Stem's PowerBidder™ Pro to Optimize Market Operations in ERCOT

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that its Athena® PowerBidder™ Pro application has been selected by ...

2 months ago - Business Wire

Stem Announces Fourth Quarter and Full Year 2023 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 ...

2 months ago - Business Wire

Stem Announces Fourth Quarter and Full-Year 2023 Earnings Results Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Wednesday, February 28, 202...

4 months ago - Business Wire

Stem Wins 2023 New Product Innovation Award for Energy Asset Performance Optimization

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, announced that Frost & Sullivan, a leading global research...

6 months ago - Business Wire

Stem and SB Energy Announce Technology and Commercial Alliance to Advance AI-Enabled Energy Management of Utility Scale Renewables

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, and SB Energy, a leading U.S. developer, owner, and operator of utility scale solar...

6 months ago - Business Wire

Stem Announces Third Quarter 2023 Results

SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (“Stem” or the “Company”) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy solutions and services, announced today its finan...

6 months ago - Business Wire

Stem Announces Appointment of New Independent Director

SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the appointment of Ira M. Birns to t...

7 months ago - Business Wire

EDPR NA Distributed Generation Launches 23 MW Solar Plus 60 MWh Storage Project for Mohave Electric Cooperative

FORT MOHAVE, ARIZONA, Oct. 25, 2023 (GLOBE NEWSWIRE) -- EDPR NA Distributed Generation (EDPR NA DG), a U.S. leader in the distributed generation sector, announced a 23.27 MWdc ground-mount solar array...

7 months ago - GlobeNewsWire

NineDot Energy Selects Stem's Athena AI Platform for New York City Site

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced the company's key role in the development and recent completion of ...

7 months ago - Business Wire

Stem Announces Third Quarter 2023 Earnings Results Conference Call

SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, will hold a conference call on Thursday, November 2,...

7 months ago - Business Wire

Allergan Aesthetics and Girls Inc. Partner to Speed the Entry of Young Women into Positions of Leadership in the STEM Field

-- Girls Inc. alumnae in New York, San Antonio and Central Alabama will participate in a virtual panel titled 'Equipping the New Generation of STEM Leaders' with leading women physicians sharing their...

8 months ago - PRNewsWire

Stem Expands its India Center of Excellence

GURGAON, India--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced a new state-of-the-art office in Cyber Hu...

8 months ago - Business Wire

STEM ALERT: Bragar Eagel & Squire, P.C. is Investigating Stem, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Stem, Inc. (NYSE: STEM) on behalf of long-te...

8 months ago - Business Wire

Stem Introduces Athena® PowerBidder™ Pro for Bid Optimization in Wholesale Energy Markets

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced its new Athena® PowerBidder™ Pro application to help energy profess...

8 months ago - Business Wire

Stem to Participate in 2023 Barclays CEO Energy-Power Conference

SAN FRANCISCO--(BUSINESS WIRE)--Stem (the "Company") (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, announced today that members of its manage...

9 months ago - Business Wire

Stem's Athena® Named a 2023 Sustainability Product of the Year by Business Intelligence Group

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, announced that its Athena® platform has been named a Sustainability Product of the ...

9 months ago - Business Wire

Accelerate Learning Partners with Science Safety Inc. to Help K-12 Districts Increase Safety in STEM Programs

HOUSTON--(BUSINESS WIRE)-- #K12--Accelerate Learning and Science Safety Inc. have exclusively partnered to increase safety in STEM education programming nationwide.

9 months ago - Business Wire

Stem Announces Second Quarter 2023 Results

SAN FRANCISCO--(BUSINESS WIRE)--Stem, Inc. (“Stem” or the “Company”) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy solutions and services, announced today its finan...

10 months ago - Business Wire

Stem's Athena® Receives 2023 Top Product of the Year Award from Environment + Energy Leader

SAN FRANCISCO--(BUSINESS WIRE)--Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced that its Athena® platform, has received th...

10 months ago - Business Wire

SHAREHOLDER ALERT: Kaskela Law LLC Announces Stockholder Investigation of Stem, Inc. (STEM) and Encourages Long-Term STEM Investors to Contact the Firm

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating Stem, Inc. (NYSE: STEM) on behalf of the company's long-term investors. Stem is a provider of energy storage systems. ...

10 months ago - Business Wire