Stem (NYSE:STEM - Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($0.12) EPS for the quarter, beating the consensus estimate of ($0.16) by $0.04, Zacks reports. The business had revenue of $55.83 million during the quarter, compared to the consensus estimate of $47.89 million. Stem had a negative net margin of 328.11% and a negative return on equity of 275.79%. During the same quarter in the prior year, the firm earned ($0.21) EPS. Stem updated its FY 2025 guidance to EPS.
Stem Stock Up 0.7 %
NYSE:STEM traded up $0.00 during trading hours on Friday, reaching $0.44. The company had a trading volume of 3,664,340 shares, compared to its average volume of 13,179,270. The firm has a market cap of $72.10 million, a price-to-earnings ratio of -0.09 and a beta of 1.49. The business's 50-day simple moving average is $0.65 and its two-hundred day simple moving average is $0.51. Stem has a twelve month low of $0.30 and a twelve month high of $2.28.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on STEM shares. BMO Capital Markets dropped their price target on shares of Stem from $0.50 to $0.40 and set a "market perform" rating for the company in a research note on Wednesday. Piper Sandler dropped their price target on shares of Stem from $1.50 to $0.30 and set a "neutral" rating for the company in a research note on Friday, November 22nd. UBS Group raised their price target on shares of Stem from $0.60 to $0.65 and gave the company a "buy" rating in a research note on Friday. Finally, Roth Mkm raised their price target on shares of Stem from $0.35 to $0.40 and gave the company a "neutral" rating in a research note on Wednesday. Seven investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, Stem presently has an average rating of "Hold" and an average price target of $1.11.
View Our Latest Analysis on Stem
About Stem
(
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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.
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