Stem, Inc. Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Stem, Inc. stock has a consensus rating of "Hold" and an average price target of $13.08. The average 1-year stock price forecast is 59.12% higher than the current stock price, while the lowest is $10 (+21.65%) and the highest is $18 (+118.98%).

Price Target: $13.08 (+59.12%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$10	$13.08	$11.5	$18
Change	+21.65%	+59.12%	+39.90%	+118.98%

* Price targets were last updated on May 11, 2026.

Analyst Ratings

The average analyst rating for Stem, Inc. stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	7	7	7	7	7	7
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	7	7	7	7	7	7

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jon Windham UBS	UBS	Hold Reiterates $12 → $11	Hold	Reiterates	$12 → $11	+27.74%	May 11, 2026
Justin Clare Roth MKM	Roth MKM	Hold Maintains $12 → $11	Hold	Maintains	$12 → $11	+33.82%	May 7, 2026
Charles Minervino Susquehanna	Susquehanna	Hold Maintains $21 → $10	Hold	Maintains	$21 → $10	+21.65%	Apr 9, 2026
Christine Cho CFA Barclays	Barclays	Hold Maintains $18	Hold	Maintains	$18	+118.98%	Mar 6, 2026

Financial Forecast

Revenue This Year

160.73M

from 156.27M

2.85%

from 156.27M

Revenue Next Year

183.85M

from 160.73M

14.39%

from 160.73M

EPS This Year

-7.02

from -8.67

EPS Next Year

-5.81

from -7.02

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	127.37M	362.98M	461.52M	144.58M	156.27M	160.73M
Revenue Growth	250.82%	184.98%	27.15%	-68.67%	8.08%	2.85%
Gross Profit	5.57M	35.66M	8.35M	-10.22M	61.98M	80.46M
Gross Margin	4.37%	9.83%	1.81%	-7.07%	39.66%	50.06%
Operating Income	-78.75M	-121.95M	-174.46M	-186.45M	-42.01M	-40.80M
Net Income	-101.21M	-124.05M	-140.41M	-854.01M	137.76M	-65.36M
EPS	-	-	-	-	-8.67	-7.02
Free Cash Flow	-85.69M	-31.75M	-137.02M	79.24M	20.98M	-10.33M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	188.0M
Avg	160.7M
Low	144.0M

Revenue Growth

Revenue Growth	2026	2027	2028
High	20.3%
Avg	2.9%
Low	-7.8%

EPS Forecast

EPS	2026	2027	2028
High	-6.48
Avg	-7.02
Low	-7.56

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-