Roth Capital Weighs in on Stem’s Q4 Earnings (NYSE:STEM)

Stem, Inc. (NYSE:STEM) – Stock analysts at Roth Capital dropped their Q4 2024 earnings per share (EPS) estimates for Stem in a research note issued on Wednesday, October 30th. Roth Capital analyst J. Clare now anticipates that the company will post earnings per share of ($0.22) for the quarter, down from their prior forecast of ($0.17). The consensus estimate for Stem’s current full-year earnings is ($0.52) per share. Roth Capital also issued estimates for Stem’s Q1 2025 earnings at ($0.21) EPS, Q2 2025 earnings at ($0.20) EPS, Q3 2025 earnings at ($0.20) EPS, FY2025 earnings at ($0.81) EPS and FY2026 earnings at ($0.76) EPS.

Stem (NYSE:STEM) last released its quarterly earnings results on Tuesday, August 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.01. Stem had a negative return on equity of 87.61% and a negative net margin of 328.11%. The firm had revenue of $34.00 million for the quarter, compared to analyst estimates of $64.06 million. During the same quarter last year, the company posted ($0.56) earnings per share. The business’s revenue was down 63.4% on a year-over-year basis.

A number of other brokerages also recently commented on STEM. The Goldman Sachs Group reduced their price objective on shares of Stem from $0.75 to $0.65 and set a “neutral” rating for the company in a research report on Friday. Barclays reduced their price objective on shares of Stem from $4.00 to $1.00 and set an “equal weight” rating for the company in a research report on Friday, October 18th. Susquehanna raised their price objective on shares of Stem from $0.50 to $0.60 and gave the company a “neutral” rating in a research report on Wednesday, October 16th. UBS Group reduced their price objective on shares of Stem from $2.50 to $1.00 and set a “buy” rating for the company in a research report on Thursday, August 8th. Finally, TD Cowen downgraded shares of Stem from a “buy” rating to a “hold” rating and reduced their price objective for the company from $4.00 to $1.00 in a research report on Wednesday, August 7th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $1.90.

Stem Stock Performance

NYSE STEM opened at $0.40 on Monday. The company has a quick ratio of 1.51, a current ratio of 1.66 and a debt-to-equity ratio of 1.41. The firm has a market cap of $64.97 million, a P/E ratio of -0.08 and a beta of 1.64. Stem has a 52-week low of $0.30 and a 52-week high of $4.30. The business’s 50-day moving average price is $0.47 and its 200 day moving average price is $0.95.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Stem during the 2nd quarter worth approximately $30,000. Nisa Investment Advisors LLC raised its position in shares of Stem by 2,416.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 28,507 shares of the company’s stock worth $32,000 after purchasing an additional 27,374 shares during the last quarter. SG Americas Securities LLC raised its position in shares of Stem by 73.9% during the 2nd quarter. SG Americas Securities LLC now owns 33,666 shares of the company’s stock worth $37,000 after purchasing an additional 14,307 shares during the last quarter. Cetera Advisors LLC acquired a new position in shares of Stem during the 1st quarter worth approximately $179,000. Finally, Tidal Investments LLC raised its position in shares of Stem by 904.0% during the 1st quarter. Tidal Investments LLC now owns 121,741 shares of the company’s stock worth $267,000 after purchasing an additional 109,616 shares during the last quarter. 61.63% of the stock is currently owned by institutional investors and hedge funds.

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.