Date | Price Target | Rating | Analyst |
---|---|---|---|
8/9/2024 | $2.00 → $0.50 | Positive → Neutral | Susquehanna |
8/7/2024 | $4.00 → $1.00 | Buy → Hold | TD Cowen |
3/22/2024 | $5.50 → $2.50 | Buy → Neutral | Goldman |
2/29/2024 | $7.00 → $5.00 | Outperform | TD Cowen |
11/3/2023 | Buy → Neutral | Guggenheim | |
10/20/2023 | $5.00 | Neutral | Exane BNP Paribas |
9/6/2023 | $12.00 → $8.00 | Overweight → Equal-Weight | Morgan Stanley |
8/30/2023 | $6.00 | Equal Weight | Barclays |
4/A - STEM, INC. (0001758766) (Issuer)
4 - STEM, INC. (0001758766) (Issuer)
4 - STEM, INC. (0001758766) (Issuer)
8-K - STEM, INC. (0001758766) (Filer)
8-K - STEM, INC. (0001758766) (Filer)
10-Q - STEM, INC. (0001758766) (Filer)
Stem ("Stem" or the "Company") (NYSE:STEM), today announced that, on August 28, 2024, it had received a written notice from the New York Stock Exchange (the "NYSE") that the average closing price of its shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average closing price required to maintain continued listing on the NYSE. Stem will respond to the NYSE within 10 business days of receipt of the notice regarding its intent to cure the deficiency and return to compliance with the NYSE continued listing requirements. Under the NYSE's rules, the cure period extends for six months following receipt of the notice. The C
Doran Hole Named Chief Financial Officer and Executive Vice President David Buzby Named Executive Chair of the Board; Laura D'Andrea Tyson Named Lead Independent Director of the Board Company Initiates Strategic Review of Business Company Separately Reports Second Quarter 2024 Earnings; Conference Call at 5:00 p.m. ET Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the following leadership changes to support the execution of the Company's strategic priorities. Doran Hole has been appointed Chief Financial Officer (CFO) and Executive Vice President (EVP), effective September 2, 2024. In addition to t
Revising Full Year 2024 Guidance Activated $3 million of ARR in 2Q, Representing +7% QoQ Growth Expect Full Year Positive Operating Cash Flow Bill Bush to step down as CFO effective September 2, 2024; Doran Hole to be named CFO as part of planned succession Second Quarter 2024 Financial and Operating Highlights Financial Highlights Revenue of $34.0 million, down from $93.0 million (-63%) in 2Q23 GAAP gross profit of $9.4 million, down from $11.9 million in 2Q23 GAAP gross margin of 28%, up from 13% in 2Q23 Non-GAAP gross profit of $13.5 million, down from $16.4 million in 2Q23 Non-GAAP gross margin of 40%, up from 18% in 2Q23 Net loss of $582.3 million versus net incom
SC 13G/A - STEM, INC. (0001758766) (Subject)
SC 13G - STEM, INC. (0001758766) (Subject)
SC 13G/A - STEM, INC. (0001758766) (Subject)
4 - STEM, INC. (0001758766) (Issuer)
3 - STEM, INC. (0001758766) (Issuer)
4 - STEM, INC. (0001758766) (Issuer)
Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the appointment of Gerard Cunningham to the Company's Board of Directors (the "Board"), effective April 19, 2024. Mr. Cunningham has extensive experience in the technology, software services ("SaaS"), and AI sectors and as an entrepreneur and founder of several data science-focused companies. Most recently, Mr. Cunningham was a partner at McKinsey & Company, where he co-founded and led its global clean technology practice, launched its AI for sustainability initiative, and was a leader in its digital business building practice. David Buzby, Chairman of the B
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 the Company's Board of Directors (the "Board"), effective November 6, 2023. In connection with his appointment to the Board, Mr. Birns will also Chair the Audit Committee of the Board. Mr. Birns has extensive experience in management, finance and accounting from serving as a senior finance executive at large publicly-traded multinational corporations, as well as significant experience in mergers & acquisitions, capital markets, investor relations and in the energy sector, including renewable fuels and power. Mr. Birns is th
Stem (NYSE:STEM), a global leader in AI-driven clean energy solutions and services, today announced the appointment of Michael Carlson as its Chief Operating Officer. A global business executive, Michael brings 30 years of experience in finance, technology, and operations management across multiple industries and specifically 20 years of energy expertise in leveraging technology to drive value through business transformation and grid modernization. At Stem, he will be responsible for the company's day-to-day operations, program execution, deployment, and manufacturing, in addition to serving as a member of the senior executive leadership team. Prior to joining Stem, Michael served as Vice
Shares of SAP SE (NYSE:SAP) rose sharply in today's pre-market trading after the company reported second-quarter financial results. SAP reported quarterly earnings of 82 cents per share which missed the analyst consensus estimate of $1.19 per share. Quarterly sales came in at $8.92 billion which missed the analyst consensus estimate of $8.96 billion, representing an 8.81% increase over sales from the same period last year, according to data from Benzinga Pro. SAP shares gained 5.9% to $212.34 in pre-market trading. Here are some other stocks moving in pre-market trading. Gainers Nature’s Miracle Holding Inc. (NASDAQ:NMHI) rose 183.4% to $0.9779 in pre-market trading after fal
In the latest quarter, 5 analysts provided ratings for Stem (NYSE:STEM), showcasing a mix of bullish and bearish perspectives. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 2 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 1 1 2 0 0 Analysts have recently evaluated Stem and provided 12-month price targets. The average target is $3.47, accompanied by a high estimate of $9.00 and a low estimate of $1.85. A
Susquehanna analyst Biju Perincheril maintains Stem (NYSE:STEM) with a Positive and lowers the price target from $2.5 to $2.
Susquehanna downgraded Stem from Positive to Neutral and set a new price target of $0.50 from $2.00 previously
TD Cowen downgraded Stem from Buy to Hold and set a new price target of $1.00 from $4.00 previously
Goldman downgraded Stem from Buy to Neutral and set a new price target of $2.50 from $5.50 previously
Doran Hole Named Chief Financial Officer and Executive Vice President David Buzby Named Executive Chair of the Board; Laura D'Andrea Tyson Named Lead Independent Director of the Board Company Initiates Strategic Review of Business Company Separately Reports Second Quarter 2024 Earnings; Conference Call at 5:00 p.m. ET Stem, Inc. (NYSE:STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the following leadership changes to support the execution of the Company's strategic priorities. Doran Hole has been appointed Chief Financial Officer (CFO) and Executive Vice President (EVP), effective September 2, 2024. In addition to t
Revising Full Year 2024 Guidance Activated $3 million of ARR in 2Q, Representing +7% QoQ Growth Expect Full Year Positive Operating Cash Flow Bill Bush to step down as CFO effective September 2, 2024; Doran Hole to be named CFO as part of planned succession Second Quarter 2024 Financial and Operating Highlights Financial Highlights Revenue of $34.0 million, down from $93.0 million (-63%) in 2Q23 GAAP gross profit of $9.4 million, down from $11.9 million in 2Q23 GAAP gross margin of 28%, up from 13% in 2Q23 Non-GAAP gross profit of $13.5 million, down from $16.4 million in 2Q23 Non-GAAP gross margin of 40%, up from 18% in 2Q23 Net loss of $582.3 million versus net incom
Stem (NYSE:STEM), a global leader in AI-driven clean energy solutions and services, will hold a conference call on Tuesday, August 6, 2024, to discuss its financial results for the quarter ended June 30, 2024. The conference call is scheduled to begin at 5:00 p.m. Eastern Time. A press release regarding the results will be issued at approximately 4:05 p.m. Eastern Time. The conference call may be accessed via a live webcast on a listen-only basis at https://investors.stem.com/events-and-presentations. The call can also be accessed live over the telephone by dialing (844) 825-9789, or for international callers, (412) 317-5180 and referencing Stem. A replay will be available shortly aft