STEM - Stem, Inc. Stock Price, Fair Value and News

1.73USD+0.03 (+1.76%)Market Closed

Market Summary

USD1.73+0.03

Market Closed

1.76%

STEM Alerts

3 major insider buys and 1 major insider sales recently.

STEM Stock Price

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STEM RSI Chart

STEM Valuation

Market Cap

268.2M

Price/Earnings (Trailing)

-1.91

Price/Sales (Trailing)

0.58

EV/EBITDA

-8.72

Price/Free Cashflow

-1.29

STEM Price/Sales (Trailing)

STEM Profitability

Operating Margin

0.79%

EBT Margin

-30.33%

Return on Equity

-32.95%

Return on Assets

-10.35%

Free Cashflow Yield

-77.32%

STEM Fundamentals

STEM Revenue

Revenue (TTM)

461.5M

Rev. Growth (Yr)

7.71%

Rev. Growth (Qtr)

25.19%

STEM Earnings

Earnings (TTM)

-140.4M

Earnings Growth (Yr)

-6.84%

Earnings Growth (Qtr)

51.1%

Breaking Down STEM Revenue

Last 7 days

7.6%

Last 30 days

-14.6%

Last 90 days

-45.7%

Trailing 12 Months

-62.2%

How does STEM drawdown profile look like?

STEM Financial Health

Current Ratio

1.88

Debt/Equity

1.23

Debt/Cashflow

-0.4

STEM Investor Care

Shares Dilution (1Y)

0.91%

Diluted EPS (TTM)

-1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	389.3M	415.3M	449.5M	461.5M
2022	153.0M	200.6M	260.3M	363.0M
2021	47.6M	62.6M	93.2M	127.4M
2020	22.2M	26.9M	31.6M	36.3M
2019	0	0	0	17.6M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Stem, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 19, 2024	schaefer robert	sold	-182,000	1.82	-100,000	president, transformational
Mar 19, 2024	tappin matthew	sold	-48,484	1.82	-26,640	president, asset management
Mar 18, 2024	buzby david s	bought	61,178	1.81	33,800	-
Mar 15, 2024	buzby david s	bought	115,000	1.84	62,500	-
Mar 15, 2024	carlson michael james	bought	78,543	1.75	44,882	chief operating officer
Mar 15, 2024	homenock kim	bought	44,160	1.84	24,000	chief people officer
Mar 14, 2024	homenock kim	acquired	-	-	16,689	chief people officer
Mar 14, 2024	carlson michael james	bought	17,706	1.75	10,118	chief operating officer
Mar 13, 2024	johnson larsh	sold	-42,856	2.00	-21,428	chief technology officer
Mar 12, 2024	johnson larsh	sold	-40,000	2.00	-20,000	chief technology officer

Which funds bought or sold STEM recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-59.22	-39,000	11,000	-%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	added	205	123,568	293,896	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	new	-	52,148	52,148	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	-27,705	298,597	-%
Apr 22, 2024	CKW FINANCIAL GROUP	unchanged	-	-15,000	18,000	-%
Apr 19, 2024	BOURGEON CAPITAL MANAGEMENT LLC	sold off	-100	-776	-	-%
Apr 19, 2024	ALBION FINANCIAL GROUP /UT	unchanged	-	-228	296	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	new	-	411	411	-%
Apr 18, 2024	Steele Capital Management, Inc.	unchanged	-	-211,250	273,750	0.02%
Apr 17, 2024	Arrowroot Family Office, LLC	sold off	-100	-45,678	-	-%

Are Funds Buying or Selling STEM?

Are funds buying STEM calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own STEM

No. of Funds

STEM Alerts

3 major insider buys and 1 major insider sales recently.

Unveiling Stem, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	7.14%	11,123,924	SC 13G/A
Feb 13, 2024	schroder investment management north america inc/ de	6.8%	10,603,257	SC 13G
Jan 26, 2024	blackrock inc.	7.3%	11,415,865	SC 13G/A
Feb 09, 2023	vanguard group inc	8.83%	13,642,662	SC 13G/A
Feb 03, 2023	blackrock inc.	6.2%	9,572,570	SC 13G
Feb 14, 2022	star peak sponsor llc	1.6%	134,005	SC 13G/A
Feb 14, 2022	park west asset management llc	0%	0	SC 13G/A
Feb 09, 2022	fifth street station llc	0.0%	0	SC 13G/A
Feb 08, 2022	blackrock inc.	4.99%	7,231,455	SC 13G

Recent SEC filings of Stem, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	4	Insider Trading
Apr 22, 2024	3	Insider Trading
Apr 19, 2024	DEFA14A	DEFA14A
Apr 19, 2024	DEF 14A	DEF 14A
Apr 19, 2024	ARS	ARS
Apr 19, 2024	8-K	Current Report
Apr 03, 2024	PRE 14A	PRE 14A
Mar 26, 2024	8-K/A	Current Report
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading

Peers (Alternatives to Stem, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.0T	227.6B	-5.06%	44.46%	36.82	13.36	11.51%	22.38%
ADBE	211.9B	19.9B	-5.33%	25.33%	44.13	10.63	10.76%	1.35%
CRWD	71.5B	3.1B	-8.53%	129.79%	800.51	23.4	36.33%	148.75%
SQ	45.1B	21.9B	-6.85%	16.65%	6.6K	2.06	25.01%	101.26%
AKAM	15.4B	3.8B	-6.64%	26.14%	28.15	4.04	5.40%	4.57%
FFIV	10.6B	2.8B	-5.43%	34.87%	22.99	3.78	3.55%	53.13%
MID-CAP
ALTR	6.8B	612.7M	-0.91%	17.65%	-756.48	11.02	7.07%	79.45%
HCP	5.6B	583.1M	8.37%	7.34%	-29.63	9.69	22.54%	30.49%
ACIW	3.6B	1.5B	4.40%	34.68%	29.3	2.45	2.16%	-14.54%
APPN	2.7B	545.4M	-4.14%	-4.41%	-24	4.9	16.53%	26.16%
SMALL-CAP
CSGS	1.5B	1.2B	-2.38%	-5.13%	21.29	1.25	7.30%	93.18%
ATEN	1.0B	251.7M	-1.10%	-8.11%	25.11	3.99	-10.22%	-14.79%
BAND	464.9M	601.1M	-2.58%	39.72%	-28.44	0.77	4.88%	-183.51%
DTSS	18.6M	7.0M	0.68%	-54.72%	-2.16	2.91	-55.73%	-45.27%
BLIN	12.9M	15.6M	12.73%	37.78%	-1.29	0.83	-6.37%	-5256.07%

Stem, Inc. News

Latest updates

Stem, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4
Revenue	25.2%	167,424,000	133,740,000	92,946,000	67,405,000	155,444,000	99,501,000	66,947,000	41,088,000	52,780,500	39,833,000	19,337,000	15,420,000	18,645,500	9,172,000	4,379,000	4,111,000	-
Cost Of Revenue	1.5%	156,333,000	154,031,000	81,075,000	66,411,000	142,911,000	90,374,000	59,159,000	37,444,000	54,427,000	36,696,000	19,464,000	15,537,000	17,688,500	10,902,000	6,124,000	5,513,000	-
Gross Profit	154.7%	11,091,000	-20,291,000	11,871,000	994,000	12,533,000	9,127,000	7,788,000	3,644,000	-1,646,500	3,137,000	-127,000	-117,000	957,000	-1,730,000	-1,745,000	-1,402,000	-
Operating Expenses	-7.0%	44,612,000	47,980,000	46,740,000	43,647,000	46,279,000	41,726,000	37,611,000	38,597,000	28,534,000	22,267,000	23,754,000	9,766,000	13,674,000	10,740,000	10,265,000	10,796,000	-
S&GA Expenses	19.5%	13,865,000	11,605,000	13,680,000	12,406,000	13,598,000	13,187,000	12,955,000	9,142,000	8,395,000	4,975,000	3,913,000	2,667,000	3,133,500	3,053,000	4,242,000	4,397,000	-
R&D Expenses	0.5%	14,488,000	14,420,000	14,156,000	13,444,000	9,871,000	10,526,000	8,963,000	8,943,000	7,221,000	6,268,000	4,827,000	4,407,000	3,866,000	5,052,000	3,619,000	3,395,000	-
EBITDA Margin	2.3%	-0.17	-0.17	-0.09	-0.23	-0.23	-0.32	0.30	-0.09	-0.47	-1.38	-4.17	-3.77	-3.24	-	-	-	-
Interest Expenses	11.1%	4,892,000	4,405,000	3,903,000	1,777,000	2,039,000	2,520,000	2,691,000	3,218,000	4,559,500	2,674,000	3,929,000	6,233,000	6,980,000	4,265,000	5,192,000	4,369,000	-
Income Taxes	271.7%	79,000	-46,000	491,000	-91,000	40,000	19,000	-7,000	-15,213,000	-	-	-	-	-116,000	142,000	-	-	-
Earnings Before Taxes	51.2%	-37,606,000	-77,118,000	19,613,000	-44,869,000	-35,233,000	-34,256,000	-32,030,000	-37,696,000	-34,054,000	115,612,000	-100,216,000	-82,553,000	-101,024,000	-18,643,000	-18,981,000	-17,471,000	-
EBT Margin	0.9%	-0.30	-0.31	-0.23	-0.38	-0.38	-0.53	0.06	-0.37	-0.79	-1.80	-4.83	-4.65	-4.30	-	-	-	-
Net Income	51.1%	-37,685,000	-77,072,000	19,122,000	-44,778,000	-35,271,000	-34,279,000	-32,023,000	-22,483,000	-34,054,000	115,612,000	-100,216,000	-82,553,000	-100,887,000	-18,785,000	-18,981,000	-17,471,000	-59,404,044
Net Income Margin	0.9%	-0.30	-0.31	-0.23	-0.38	-0.34	-0.47	0.13	-0.27	-0.79	-1.80	-4.83	-4.65	-4.30	-	-	-	-
Free Cashflow	45.0%	-2,177,000	-3,961,000	-165,418,000	-35,821,000	-37,396,000	-36,004,000	-6,625,000	-26,005,000	-32,246,000	-27,187,000	-40,006,000	-1,827,000	-15,750,000	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	-3.0%	1,357	1,399	1,503	1,394	1,422	1,417	1,427	1,418	1,192	825	698	212	206	386	188
Current Assets	-7.4%	473	511	613	511	533	537	542	527	1,024	652	538	53.00	49.00	3.00	29.00
Cash Equivalents	8.6%	105	97.00	75.00	118	88.00	100	151	175	748	405	474	10.00	7.00	8.00	13.00
Inventory	-59.4%	27.00	66.00	146	43.00	8.00	29.00	63.00	73.00	23.00	24.00	27.00	22.00	21.00	-	4.00
Net PPE	-	-	-	-	-	-	-	-	-	106	-	-	120	124	-	132
Goodwill	0.0%	547	547	547	547	547	547	547	548	2.00	2.00	2.00	2.00	2.00	-	2.00
Liabilities	-1.6%	930	945	984	877	870	840	823	788	524	194	490	467	383	298	213
Current Liabilities	-6.7%	251	269	307	276	267	240	225	188	88.00	78.00	86.00	208	191	1.00	109
Long Term Debt	0.1%	524	523	523	448	448	447	447	446	317	-	-	-	-	-	-
LT Debt, Current	-	-	-	-	-	-	-	-	-	-	-	-	69.00	68.00	-	35.00
LT Debt, Non Current	0.1%	524	523	523	448	448	447	447	446	317	-	-	-	-	-	-
Shareholder's Equity	-5.9%	426	453	519	517	552	577	603	630	668	631	209	5.00	5.00	5.00	0.00
Retained Earnings	-5.1%	-772	-734	-657	-676	-632	-596	-562	-530	-509	-475	-590	-490	-407	-0.40	-259
Additional Paid-In Capital	0.9%	1,199	1,188	1,177	1,194	1,185	1,176	1,167	1,161	1,177	1,106	800	15.00	231	5.00	234
Shares Outstanding	0.0%	156	156	156	156	155	153	154	150	106	92.00	71.00	40.00	-	-	-
Minority Interest	0%	0.00	0.00	0.00	0.00	1.00	0.00	0.00	0.00	-	-	-	-	-	-	-
Float	-	-	-	835	-	-	-	1,026	-	-	-	4,998	-	785	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3
Cashflow From Operations	45.0%	-2,177	-3,961	-165,418	-35,821	-37,396	-36,004	-6,625	-26,005	-32,246	-27,187	-40,006	-1,827	-15,750	-1,424	-5,827	-10,670	-	-
Share Based Compensation	49.9%	16,789	11,198	9,920	7,202	8,251	7,678	6,467	6,265	5,563	6,199	1,024	760	3,115	495	476	456	-	-
Cashflow From Investing	-51.3%	15,471	31,787	20,638	67,831	27,552	-15,895	-13,102	-542,928	-3,176	-173,461	-5,833	-2,763	-4,317	2,464	-6,873	-3,310	-	-
Cashflow From Financing	4.6%	-4,901	-5,140	102,435	-2,156	-2,453	1,162	-3,694	-4,287	378,276	131,632	510,094	7,093	19,251	-1,018	9,906	12,155	-	-

STEM Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue
Total revenue	$ 461,515	$ 362,980	$ 127,371
Cost of revenue
Total cost of revenue	457,850	329,888	126,124
Gross profit	3,665	33,092	1,247
Operating expenses
Sales and marketing	51,556	48,882	19,950
Research and development	56,508	38,303	22,723
General and administrative	74,915	77,028	41,648
Total operating expenses	182,979	164,213	84,321
Loss from operations	(179,314)	(131,121)	(83,074)
Other income (expense), net
Interest expense, net	(14,977)	(10,468)	(17,395)
Gain (loss) on extinguishment of debt, net	59,121	0	(5,064)
Change in fair value of derivative liability and embedded derivatives	(7,731)	0	0
Change in fair value of warrants and embedded derivatives	0	0	3,424
Other income, net	2,921	2,374	898
Total other income (expense), net	39,334	(8,094)	(18,137)
Loss before (provision for) benefit from income taxes	(139,980)	(139,215)	(101,211)
(Provision for) benefit from income taxes	(433)	15,161	0
Net loss	$ (140,413)	$ (124,054)	$ (101,211)
Net loss per share attributable to Stem common shareholders, basic (in dollars per share)	$ (0.90)	$ (0.81)	$ (0.96)
Net loss per share attributable to Stem common shareholders, diluted (in dollars per share)	$ (0.90)	$ (0.81)	$ (0.96)
Weighted-average shares used in computing net loss per share to Stem common shareholders, diluted (in shares)	155,583,957	153,413,743	105,561,139
Weighted-average shares used in computing net loss per share to Stem common shareholders, diluted (in shares)	155,583,957	153,413,743	105,561,139
Services and other revenue
Revenue
Total revenue	$ 62,548	$ 52,143	$ 20,463
Cost of revenue
Total cost of revenue	50,298	43,153	28,177
Hardware revenue
Revenue
Total revenue	398,967	310,837	106,908
Cost of revenue
Total cost of revenue	$ 407,552	$ 286,735	$ 97,947

STEM Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 105,375	$ 87,903
Short-term investments	8,219	162,074
Accounts receivable, net of allowances of $4,904 and $3,879 as of December 31, 2023 and December 31, 2022, respectively	302,848	223,219
Inventory, net	26,665	8,374
Deferred costs with suppliers	20,555	43,159
Other current assets (includes $73 and $74 due from related parties as of December 31, 2023 and December 31, 2022, respectively)	9,303	8,026
Total current assets	472,965	532,755
Energy storage systems, net	74,418	90,757
Contract origination costs, net	11,119	11,697
Goodwill	547,205	546,649
Intangible assets, net	157,146	162,265
Operating lease right-of-use assets	12,255	12,431
Other noncurrent assets	81,869	65,339
Total assets	1,356,977	1,421,893
Current liabilities:
Accounts payable	78,277	83,831
Accrued liabilities	76,873	85,258
Accrued payroll	14,372	12,466
Financing obligation, current portion	14,835	15,720
Deferred revenue, current portion	53,997	64,311
Other current liabilities (includes $31 and $687 due to related parties as of December 31, 2023 and December 31, 2022, respectively)	12,726	5,412
Total current liabilities	251,080	266,998
Deferred revenue, noncurrent	88,650	73,763
Asset retirement obligation	4,052	4,262
Notes payable, noncurrent	0	1,603
Convertible notes, noncurrent	523,633	447,909
Financing obligation, noncurrent	52,010	63,867
Lease liabilities, noncurrent	10,455	10,962
Other liabilities	416	362
Total liabilities	930,296	869,726
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.0001 par value; 1,000,000 shares authorized as of December 31, 2023 and December 31, 2022, respectively; zero shares issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	0	0
Common stock, $0.0001 par value; 500,000,000 shares authorized as of December 31, 2023 and December 31, 2022; 155,932,880 and 154,540,197 issued and outstanding as of December 31, 2023 and December 31, 2022, respectively	16	15
Additional paid-in capital	1,198,716	1,185,364
Accumulated other comprehensive loss	(42)	(1,672)
Accumulated deficit	(772,494)	(632,081)
Total Stem's stockholders’ equity	426,196	551,626
Non-controlling interests	485	541
Total stockholders’ equity	426,681	552,167
Total liabilities and stockholders’ equity	$ 1,356,977	$ 1,421,893

About Stem, Inc.

Stem, Inc. operates as a digitally connected and intelligent energy storage network provider in the United States and internationally. The company offers energy storage systems sourced from original equipment manufacturers (OEMs). It also provides Athena, an artificial intelligence platform, which offers battery hardware and software-enabled services to operate the energy storage systems. In addition, the company offers system design and engineering services, supply chain management and procurement, energy storage value stream optimization, warranty and preventive maintenance plan management, operation and maintenance reporting, and program enrollment and incentive management services. It serves commercial and industrial enterprises, independent power producers, renewable project developers, and utilities and grid operators. The company was incorporated in 2009 and is headquartered in San Francisco, California.

CEO	Mr. John E. Carrington
WEBSITE	stem.com
INDUSTRY	Software - Infra
EMPLOYEES	660

Stem, Inc. Frequently Asked Questions

What is the ticker symbol for Stem, Inc.? What does STEM stand for in stocks?

STEM is the stock ticker symbol of Stem, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Stem, Inc. (STEM)?

As of Tue Apr 23 2024, market cap of Stem, Inc. is 268.22 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STEM stock?

You can check STEM's fair value in chart for subscribers.

What is the fair value of STEM stock?

You can check STEM's fair value in chart for subscribers. The fair value of Stem, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Stem, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STEM so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Stem, Inc. a good stock to buy?

The fair value guage provides a quick view whether STEM is over valued or under valued. Whether Stem, Inc. is cheap or expensive depends on the assumptions which impact Stem, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STEM.

What is Stem, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, STEM's PE ratio (Price to Earnings) is -1.91 and Price to Sales (PS) ratio is 0.58. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STEM PE ratio will change depending on the future growth rate expectations of investors.