StemSTEM
About: Stem Inc is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. The Company operates as one operating segment that is focused exclusively on innovative technology services that transform the way energy is distributed and consumed.
Employees: 624
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
21% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 47
12.86% less ownership
Funds ownership: 61.64% [Q1] → 48.79% (-12.86%) [Q2]
13% less funds holding
Funds holding: 206 [Q1] → 179 (-27) [Q2]
48% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 56
50% less call options, than puts
Call options by funds: $765K | Put options by funds: $1.54M
59% less capital invested
Capital invested by funds: $214M [Q1] → $87.8M (-$126M) [Q2]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Christine Cho 64% 1-year accuracy 18 / 28 met price target | 90%upside $1 | Equal-Weight Maintained | 18 Oct 2024 |
Susquehanna Biju Perincheril 32% 1-year accuracy 20 / 63 met price target | 14%upside $0.60 | Neutral Maintained | 16 Oct 2024 |
Susquehanna Biju Perincheril 32% 1-year accuracy 20 / 63 met price target | 5%downside $0.50 | Neutral Downgraded | 9 Aug 2024 |
Goldman Sachs Brian Lee 45% 1-year accuracy 17 / 38 met price target | 42%upside $0.75 | Neutral Maintained | 8 Aug 2024 |
UBS Jon Windham 41% 1-year accuracy 7 / 17 met price target | 90%upside $1 | Buy Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 4 articles about STEM published over the past 30 days
