Symbols / STEM
STEM Chart
About
Stem, Inc. provides artificial intelligence driven software and services that enable its customers to plan, deploy, and operate clean energy assets in the United States and internationally. The company offers OEM energy storage systems; and software and edge hardware devices services. It serves energy traders, asset owners, independent power producers, community choice aggregators, off takers, renewable project developers, engineering, procurement and construction firms, operations and maintenance providers, electric cooperatives, utilities, load-serving entities, and grid operators. Stem, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
Fundamentals
Scroll to Statements| Sector | Utilities | Industry | Utilities - Renewable | Market Cap | 98.33M |
| Enterprise Value | 417.85M | Income | 102.60M | Sales | 164.95M |
| Book/sh | -28.09 | Cash/sh | 5.14 | Dividend Yield | — |
| Payout | 0.00% | Employees | 569 | IPO | — |
| P/E | — | Forward P/E | -1.80 | PEG | — |
| P/S | 0.60 | P/B | -0.42 | P/C | — |
| EV/EBITDA | -11.90 | EV/Sales | 2.53 | Quick Ratio | 0.69 |
| Current Ratio | 0.83 | Debt/Eq | — | LT Debt/Eq | — |
| EPS (ttm) | -13.39 | EPS next Y | -6.51 | EPS Growth | — |
| Revenue Growth | 30.50% | Earnings | 2026-03-04 | ROA | -9.48% |
| ROE | — | ROIC | — | Gross Margin | 22.05% |
| Oper. Margin | -33.61% | Profit Margin | 62.20% | Shs Outstand | 8.39M |
| Shs Float | 8.04M | Short Float | 12.81% | Short Ratio | 3.97 |
| Short Interest | — | 52W High | 32.23 | 52W Low | 5.82 |
| Beta | 1.27 | Avg Volume | 217.82K | Volume | 34.57K |
| Target Price | $19.17 | Recom | Hold | Prev Close | $11.14 |
| Price | $11.72 | Change | 5.21% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$19.17
Mean price target
2. Current target
$11.69
Latest analyst target
3. DCF / Fair value
$-10.38
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$11.69
Low
$17.00
High
$23.00
Mean
$19.17
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2025-10-31 | main | Barclays | Equal-Weight → Equal-Weight | $18 |
| 2025-10-31 | main | UBS | Neutral → Neutral | $18 |
| 2025-10-13 | main | Susquehanna | Neutral → Neutral | $21 |
| 2025-08-22 | main | UBS | Neutral → Neutral | $16 |
| 2025-08-12 | main | Barclays | Equal-Weight → Equal-Weight | $13 |
| 2025-05-01 | main | Susquehanna | Neutral → Neutral | $1 |
| 2025-04-14 | down | UBS | Buy → Neutral | — |
| 2025-03-07 | main | UBS | Buy → Buy | $1 |
| 2025-03-05 | main | Roth MKM | Neutral → Neutral | $0 |
| 2025-03-05 | main | BMO Capital | Market Perform → Market Perform | $0 |
| 2024-11-22 | main | Piper Sandler | Neutral → Neutral | $0 |
| 2024-11-08 | main | UBS | Buy → Buy | $1 |
| 2024-11-01 | main | Goldman Sachs | Neutral → Neutral | $1 |
| 2024-10-18 | main | Barclays | Equal-Weight → Equal-Weight | $1 |
| 2024-10-16 | main | Susquehanna | Neutral → Neutral | $1 |
| 2024-08-09 | down | Susquehanna | Positive → Neutral | $1 |
| 2024-08-08 | main | Goldman Sachs | Neutral → Neutral | $1 |
| 2024-08-08 | main | UBS | Buy → Buy | $1 |
| 2024-08-07 | down | TD Cowen | Buy → Hold | $1 |
| 2024-08-07 | main | Evercore ISI Group | Outperform → Outperform | $5 |
- Tappin, Stem Inc president, sold $4.1k in STEM stock By Investing.com - Investing.com Nigeria Mon, 23 Feb 2026 23
- There's No Escaping Stem, Inc.'s (NYSE:STEM) Muted Revenues Despite A 29% Share Price Rise - simplywall.st Sat, 17 Jan 2026 08
- Expert shares STEM activities to keep kids engaged over winter break - Virginia Tech News Mon, 15 Dec 2025 08
- Baylor, Hess announce 2025 STEM guide that includes Stock Car Racers - Baylor College of Medicine | BCM hu, 20 Nov 2025 08
- Insider Sell: Matthew Tappin Sells Shares of Stem Inc (STEM) - GuruFocus ue, 24 Feb 2026 00
- Australia clears patent for cell therapy touted as GLP-1 alternative - Stock Titan ue, 24 Feb 2026 13
- $STEM stock is down 15% today. Here's what we see in our data. - Quiver Quantitative hu, 05 Feb 2026 08
- Stem, Inc. (STEM) Reports Q3 Loss, Lags Revenue Estimates - Yahoo Finance Wed, 29 Oct 2025 07
- Stem cell clinic taps hair growth surge at Winter Park site - Stock Titan ue, 24 Feb 2026 13
- Stem (STEM): Assessing Valuation Following Q3 Earnings Beat and Upgraded 2025 Forecast - simplywall.st Sun, 02 Nov 2025 07
- $STEM stock is down 10% today. Here's what we see in our data. - Quiver Quantitative hu, 20 Nov 2025 08
- How the Narrative Around Stem Is Evolving After Key Financial and Strategic Moves - Yahoo Finance Mon, 13 Oct 2025 07
- Clean energy software firm Stem sets Mar. 4 earnings call - Stock Titan ue, 10 Feb 2026 08
- Stem, Inc. (NYSE:STEM) surges 61%; individual investors who own 58% shares profited along with institutions - Yahoo Finance Sun, 20 Jul 2025 07
- SThree (LON:STEM) shareholders have endured a 54% loss from investing in the stock three years ago - Yahoo Finance Sun, 16 Nov 2025 08
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 366 | 4172.0 | — | Sale at price 11.40 per share. | TAPPIN MATTHEW | Officer | — | 2026-02-20 00:00:00 | D |
| 1 | 1790 | nan | — | — | LAURELES SAUL R | Officer | — | 2026-02-13 00:00:00 | D |
| 2 | 1342 | nan | — | — | CARLSON MICHAEL JAMES | Officer | — | 2026-02-13 00:00:00 | D |
| 3 | 1253 | nan | — | — | TAPPIN MATTHEW | Officer | — | 2026-02-13 00:00:00 | D |
| 4 | 3674 | 59556.0 | — | Sale at price 16.21 per share. | SHUKLA RAHUL | Officer | — | 2025-11-18 00:00:00 | D |
| 5 | 9584 | 169637.0 | — | Sale at price 17.70 per share. | TAPPIN MATTHEW | Officer | — | 2025-11-11 00:00:00 | D |
| 6 | 13750 | nan | — | — | LAURELES SAUL R | Officer | — | 2025-11-07 00:00:00 | D |
| 7 | 5750 | nan | — | — | SHUKLA RAHUL | Officer | — | 2025-11-07 00:00:00 | D |
| 8 | 13750 | nan | — | — | CARLSON MICHAEL JAMES | Officer | — | 2025-11-07 00:00:00 | D |
| 9 | 15000 | nan | — | — | TAPPIN MATTHEW | Officer | — | 2025-11-07 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | -136.46M | 10.79M | 0.00 | 0.00 |
| TaxRateForCalcs | 0.21 | 0.21 | 0.11 | 0.00 |
| NormalizedEBITDA | -140.59M | -130.12M | -83.31M | -57.70M |
| TotalUnusualItems | -649.81M | 51.39M | 0.00 | -1.64M |
| TotalUnusualItemsExcludingGoodwill | -649.81M | 51.39M | 0.00 | -1.64M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -854.01M | -140.41M | -124.05M | -101.21M |
| ReconciledDepreciation | 44.99M | 46.27M | 45.43M | 24.47M |
| ReconciledCostOfRevenue | 155.64M | 457.85M | 329.89M | 126.12M |
| EBITDA | -790.40M | -78.73M | -83.31M | -59.34M |
| EBIT | -835.39M | -125.00M | -128.75M | -83.82M |
| NetInterestIncome | -18.29M | -14.98M | -10.47M | -17.39M |
| InterestExpense | 18.29M | 14.98M | 10.47M | 17.39M |
| NormalizedIncome | -340.66M | -181.01M | -124.05M | -99.57M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -854.01M | -140.41M | -124.05M | -101.21M |
| TotalExpenses | 332.75M | 640.83M | 494.10M | 210.44M |
| TotalOperatingIncomeAsReported | -839.46M | -179.31M | -131.12M | -83.07M |
| DilutedAverageShares | 8.07M | 7.78M | 7.67M | 5.28M |
| BasicAverageShares | 8.07M | 7.78M | 7.67M | 5.28M |
| DilutedEPS | -105.80 | -18.00 | -16.20 | -19.20 |
| BasicEPS | -105.80 | -18.00 | -16.20 | -19.20 |
| DilutedNIAvailtoComStockholders | -854.01M | -140.41M | -124.05M | -101.21M |
| NetIncomeCommonStockholders | -854.01M | -140.41M | -124.05M | -101.21M |
| OtherunderPreferredStockDividend | 0.00 | 0.00 | ||
| NetIncome | -854.01M | -140.41M | -124.05M | -101.21M |
| NetIncomeIncludingNoncontrollingInterests | -854.01M | -140.41M | -124.05M | -101.21M |
| NetIncomeContinuousOperations | -854.01M | -140.41M | -124.05M | -101.21M |
| TaxProvision | 332.00K | 433.00K | -15.16M | 0.00 |
| PretaxIncome | -853.68M | -139.98M | -139.22M | -101.21M |
| OtherIncomeExpense | -647.22M | 54.31M | 2.37M | -742.00K |
| OtherNonOperatingIncomeExpenses | 2.59M | 2.92M | 2.37M | 898.00K |
| SpecialIncomeCharges | -651.29M | 59.12M | 0.00 | -5.06M |
| OtherSpecialCharges | -59.12M | 5.06M | ||
| WriteOff | 104.13M | 0.00 | 0.00 | |
| ImpairmentOfCapitalAssets | 547.15M | 0.00 | 0.00 | |
| GainOnSaleOfSecurity | 1.48M | -7.73M | 3.42M | |
| NetNonOperatingInterestIncomeExpense | -18.29M | -14.98M | -10.47M | -17.39M |
| InterestExpenseNonOperating | 18.29M | 14.98M | 10.47M | 17.39M |
| OperatingIncome | -188.17M | -179.31M | -131.12M | -83.07M |
| OperatingExpense | 177.11M | 182.98M | 164.21M | 84.32M |
| ResearchAndDevelopment | 51.28M | 56.51M | 38.30M | 22.72M |
| SellingGeneralAndAdministration | 125.83M | 126.47M | 125.91M | 61.60M |
| SellingAndMarketingExpense | 37.76M | 51.56M | 48.88M | 19.95M |
| GeneralAndAdministrativeExpense | 88.07M | 74.92M | 77.03M | 41.65M |
| OtherGandA | 88.07M | 74.92M | 77.03M | 41.65M |
| GrossProfit | -11.06M | 3.67M | 33.09M | 1.25M |
| CostOfRevenue | 155.64M | 457.85M | 329.89M | 126.12M |
| TotalRevenue | 144.58M | 461.51M | 362.98M | 127.37M |
| OperatingRevenue | 144.58M | 461.51M | 362.98M | 127.37M |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 8.14M | 7.80M | 7.73M | 7.23M |
| ShareIssued | 8.14M | 7.80M | 7.73M | 7.23M |
| NetDebt | 469.62M | 418.26M | 361.61M | |
| TotalDebt | 542.02M | 537.04M | 463.05M | 331.65M |
| TangibleBookValue | -542.29M | -278.15M | -157.29M | 652.12M |
| InvestedCapital | 127.55M | 949.83M | 1.00B | 986.06M |
| WorkingCapital | 7.82M | 221.88M | 265.76M | 935.88M |
| NetTangibleAssets | -542.29M | -278.15M | -157.29M | 652.12M |
| CapitalLeaseObligations | 16.09M | 13.40M | 13.54M | 13.42M |
| CommonStockEquity | -398.37M | 426.20M | 551.63M | 667.83M |
| TotalCapitalization | 127.55M | 949.83M | 1.00B | 986.06M |
| TotalEquityGrossMinorityInterest | -397.83M | 426.68M | 552.17M | 667.83M |
| MinorityInterest | 541.00K | 485.00K | 541.00K | 0.00 |
| StockholdersEquity | -398.37M | 426.20M | 551.63M | 667.83M |
| GainsLossesNotAffectingRetainedEarnings | 76.00K | -42.00K | -1.67M | 20.00K |
| OtherEquityAdjustments | 76.00K | -42.00K | -1.67M | 20.00K |
| RetainedEarnings | -1.63B | -772.49M | -632.08M | -509.05M |
| AdditionalPaidInCapital | 1.23B | 1.20B | 1.19B | 1.18B |
| CapitalStock | 16.00K | 16.00K | 15.00K | 14.00K |
| CommonStock | 16.00K | 16.00K | 15.00K | 14.00K |
| PreferredStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 835.19M | 930.30M | 869.73M | 524.00M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 706.39M | 679.22M | 602.73M | 436.04M |
| OtherNonCurrentLiabilities | 77.03M | 52.43M | 64.23M | 73.20M |
| DerivativeProductLiabilities | 0.00 | |||
| NonCurrentDeferredLiabilities | 85.90M | 88.65M | 73.76M | 28.29M |
| NonCurrentDeferredRevenue | 85.90M | 88.65M | 73.76M | 28.29M |
| LongTermDebtAndCapitalLeaseObligation | 539.26M | 534.09M | 460.47M | 330.41M |
| LongTermCapitalLeaseObligation | 13.34M | 10.46M | 10.96M | 12.18M |
| LongTermDebt | 525.92M | 523.63M | 449.51M | 318.23M |
| LongTermProvisions | 4.20M | 4.05M | 4.26M | 4.13M |
| CurrentLiabilities | 128.80M | 251.08M | 267.00M | 87.97M |
| OtherCurrentLiabilities | 20.16M | 24.58M | 17.87M | 15.55M |
| CurrentDeferredLiabilities | 43.26M | 54.00M | 64.31M | 9.16M |
| CurrentDeferredRevenue | 43.26M | 54.00M | 64.31M | 9.16M |
| CurrentDebtAndCapitalLeaseObligation | 2.76M | 2.95M | 2.57M | 1.24M |
| CurrentCapitalLeaseObligation | 2.76M | 2.95M | 2.57M | 1.24M |
| PayablesAndAccruedExpenses | 62.63M | 169.55M | 182.24M | 62.02M |
| CurrentAccruedExpenses | 32.45M | 91.25M | 97.72M | 33.44M |
| InterestPayable | 2.67M | 2.67M | 311.00K | 344.00K |
| Payables | 30.18M | 78.31M | 84.52M | 28.58M |
| DuetoRelatedPartiesCurrent | 31.00K | 31.00K | 687.00K | 306.00K |
| AccountsPayable | 30.15M | 78.28M | 83.83M | 28.27M |
| TotalAssets | 437.36M | 1.36B | 1.42B | 1.19B |
| TotalNonCurrentAssets | 300.74M | 884.01M | 889.14M | 167.98M |
| OtherNonCurrentAssets | 22.58M | 14.19M | 7.16M | 1.60M |
| NonCurrentPrepaidAssets | 40.35M | 41.58M | 34.37M | 16.93M |
| NonCurrentDeferredAssets | 9.68M | 11.12M | 19.42M | 8.63M |
| NonCurrentAccountsReceivable | 8.46M | 21.18M | 11.95M | 3.56M |
| InvestmentsAndAdvances | 2.25M | 2.09M | 1.97M | 1.92M |
| OtherInvestments | 2.25M | 2.09M | 1.97M | 1.92M |
| GoodwillAndOtherIntangibleAssets | 143.91M | 704.35M | 708.91M | 15.71M |
| OtherIntangibleAssets | 143.91M | 157.15M | 162.26M | 13.97M |
| Goodwill | 0.00 | 547.21M | 546.65M | 1.74M |
| NetPPE | 73.51M | 89.49M | 105.35M | 119.62M |
| AccumulatedDepreciation | -81.31M | -70.92M | -58.78M | -45.25M |
| GrossPPE | 154.81M | 160.40M | 164.13M | 164.87M |
| OtherProperties | 154.81M | 160.40M | 164.13M | 164.87M |
| CurrentAssets | 136.62M | 472.96M | 532.75M | 1.02B |
| OtherCurrentAssets | 3.58M | 3.11M | 2.20M | 1.55M |
| CurrentDeferredAssets | 624.00K | 20.55M | 43.16M | 13.74M |
| PrepaidAssets | 5.84M | 6.12M | 5.76M | 3.14M |
| Inventory | 10.92M | 26.66M | 8.37M | 22.72M |
| OtherInventories | 1.00K | 1.00K | 2.14M | |
| FinishedGoods | 421.00K | 630.00K | 376.00K | 0.00 |
| WorkInProcess | 7.07M | 23.07M | 3.37M | 20.58M |
| RawMaterials | 3.43M | 2.96M | 4.62M | 0.00 |
| Receivables | 59.36M | 302.92M | 223.29M | 61.91M |
| OtherReceivables | 13.99M | 194.49M | 156.37M | 16.11M |
| DuefromRelatedPartiesCurrent | 47.00K | 73.00K | 74.00K | 213.00K |
| AccountsReceivable | 45.32M | 108.36M | 66.85M | 45.59M |
| AllowanceForDoubtfulAccountsReceivable | -9.50M | -4.90M | -3.88M | -91.00K |
| GrossAccountsReceivable | 54.82M | 113.26M | 70.73M | 45.68M |
| CashCashEquivalentsAndShortTermInvestments | 56.30M | 113.59M | 249.98M | 920.79M |
| OtherShortTermInvestments | 0.00 | 8.22M | 162.07M | 173.01M |
| CashAndCashEquivalents | 56.30M | 105.38M | 87.90M | 747.78M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -48.42M | -225.61M | -126.90M | -111.44M |
| RepaymentOfDebt | 0.00 | -101.86M | 0.00 | -41.45M |
| IssuanceOfDebt | 0.00 | 232.40M | 0.00 | 450.76M |
| CapitalExpenditure | -11.77M | -18.24M | -20.87M | -10.17M |
| InterestPaidSupplementalData | 16.20M | 14.59M | 6.41M | 10.19M |
| IncomeTaxPaidSupplementalData | 680.00K | 235.00K | 285.00K | 0.00 |
| EndCashPosition | 58.09M | 106.47M | 87.90M | 747.78M |
| BeginningCashPosition | 106.47M | 87.90M | 747.78M | 6.94M |
| EffectOfExchangeRateChanges | 215.00K | -16.00K | -202.00K | 242.00K |
| ChangesInCash | -48.60M | 18.59M | -659.67M | 740.60M |
| FinancingCashFlow | -8.44M | 90.24M | -9.27M | 1.03B |
| CashFlowFromContinuingFinancingActivities | -8.44M | 90.24M | -9.27M | 1.03B |
| NetOtherFinancingCharges | -8.44M | -40.58M | -10.55M | 469.25M |
| ProceedsFromStockOptionExercised | 0.00 | 276.00K | 1.28M | 148.53M |
| NetIssuancePaymentsOfDebt | 0.00 | 130.54M | 0.00 | 409.31M |
| NetLongTermDebtIssuance | 0.00 | 130.54M | 0.00 | 409.31M |
| LongTermDebtPayments | 0.00 | -101.86M | 0.00 | -41.45M |
| LongTermDebtIssuance | 0.00 | 232.40M | 0.00 | 450.76M |
| InvestingCashFlow | -3.52M | 135.73M | -544.37M | -185.23M |
| CashFlowFromContinuingInvestingActivities | -3.52M | 135.73M | -544.37M | -185.23M |
| DividendsReceivedCFI | 0.00 | 85.00K | -50.00K | -1.21M |
| NetInvestmentPurchaseAndSale | 8.25M | 155.72M | 9.55M | -173.85M |
| SaleOfInvestment | 8.25M | 215.73M | 230.19M | 16.01M |
| PurchaseOfInvestment | 0.00 | -60.00M | -220.64M | -189.86M |
| NetBusinessPurchaseAndSale | 0.00 | -1.85M | -533.01M | 0.00 |
| PurchaseOfBusiness | 0.00 | -1.85M | -533.01M | 0.00 |
| NetPPEPurchaseAndSale | -492.00K | -4.14M | -4.10M | -4.20M |
| PurchaseOfPPE | -492.00K | -4.14M | -4.10M | -4.20M |
| CapitalExpenditureReported | -11.28M | -14.10M | -16.77M | -5.97M |
| OperatingCashFlow | -36.65M | -207.38M | -106.03M | -101.27M |
| CashFlowFromContinuingOperatingActivities | -36.65M | -207.38M | -106.03M | -101.27M |
| ChangeInWorkingCapital | 59.77M | -117.55M | -52.26M | -59.54M |
| ChangeInOtherWorkingCapital | -2.48M | 28.97M | 4.26M | -25.13M |
| ChangeInOtherCurrentLiabilities | -2.79M | -2.91M | -1.65M | -502.00K |
| ChangeInOtherCurrentAssets | -2.34M | -23.43M | -33.13M | -17.24M |
| ChangeInPayablesAndAccruedExpense | -68.44M | -21.00M | 115.47M | 33.34M |
| ChangeInAccruedExpense | -20.29M | -15.76M | 62.21M | 17.01M |
| ChangeInPayable | -48.15M | -5.24M | 53.26M | 16.33M |
| ChangeInAccountPayable | -48.15M | -5.24M | 53.26M | 16.33M |
| ChangeInInventory | 2.77M | -18.29M | 18.61M | -1.88M |
| ChangeInReceivables | 133.06M | -80.89M | -155.82M | -48.12M |
| ChangesInAccountReceivables | 133.06M | -80.89M | -155.82M | -48.12M |
| OtherNonCashItems | 5.09M | 4.82M | 4.47M | 10.72M |
| StockBasedCompensation | 18.47M | 45.11M | 28.66M | 13.55M |
| ProvisionandWriteOffofAssets | 3.98M | 1.45M | 3.59M | 0.00 |
| AssetImpairmentCharge | 686.57M | 4.86M | 3.07M | 4.32M |
| AmortizationOfSecurities | -29.00K | -1.75M | -123.00K | 664.00K |
| DeferredTax | 0.00 | -335.00K | -15.10M | 0.00 |
| DeferredIncomeTax | 0.00 | -335.00K | -15.10M | 0.00 |
| DepreciationAmortizationDepletion | 44.99M | 46.27M | 45.43M | 24.47M |
| DepreciationAndAmortization | 44.99M | 46.27M | 45.43M | 24.47M |
| OperatingGainsLosses | -1.48M | -49.83M | 276.00K | 5.76M |
| GainLossOnInvestmentSecurities | -1.48M | 9.29M | 5.76M | |
| GainLossOnSaleOfPPE | 0.00 | 0.00 | 276.00K | 0.00 |
| NetIncomeFromContinuingOperations | -854.01M | -140.41M | -124.05M | -101.21M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for STEM
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|