Why did stem stock hit $50 before the closing?
Months before the closing, when it was known as Star Peak Energy Transition, shares hit prices topping $50 per share. STEM stock investor enthusiasm was off-the-charts for this renewable energy storage play.
Why has stem stock been trading sideways this year?
Stem (NYSE: STEM) stock has traded sideways, since the SPAC (special purpose acquisition company) merger that took it public closed in late April. Months before the closing, when it was known as Star Peak Energy Transition, shares hit prices topping $50 per share.
What is stem's stock symbol?
Stem trades on the New York Stock Exchange (NYSE) under the ticker symbol "STEM." Who are Stem's major shareholders? Stem's stock is owned by a variety of institutional and retail investors.
Should you buy stem stock?
The consensus among Wall Street equities research analysts is that investors should "buy" Stem stock. View analyst ratings for Stem or view top-rated stocks.
Is STEM stock a good buy?
Out of 5 analysts, 2 (40%) are recommending STEM as a Strong Buy, 2 (40%) are recommending STEM as a Buy, 1 (20%) are recommending STEM as a Hold, 0 (0%) are recommending STEM as a Sell, and 0 (0%) are recommending STEM as a Strong Sell. What is STEM's earnings growth forecast for 2022-2024?
Should I sell STEM stock?
Is STEM stock a buy right now? 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Stem in the last year. There are currently 1 hold rating and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Stem stock.
Is STEM Stock profitable?
Stem is bordering on breakeven, according to the 5 American Electrical analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$25m in 2024. So, the company is predicted to breakeven approximately 2 years from now.
What is the future for STEM stock?
Stem, recently trading at about eight times estimated 2022 enterprise value to sales, looks expensive. But its revenue is expected to more than double in 2022, to $315 million. The Russell 1000 Growth Index trades around four times estimated 2022 sales, but its revenue is projected to rise about 9% from 2021 to 2022.
Is stem a good long term investment?
Financially, Stem is not very strong. Revenue has been growing at a rapid pace -- in the third quarter of 2021, its revenue grew 334% year over year to $40 million -- but its gross margin and profitability are very poor.
Is stem a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows•May 2, 2022
Is Stem a good company?
Stem (NYSE:STEM) has all the hallmarks of a great company. In that, it is rapidly increasing revenues within a space set for strong structural growth over the next decade. The importance of energy storage to the global transition to renewables cannot be understated.
Who are Stem competitors?
Stem's top competitors include Advanced Microgrid Solutions, Sunverge Energy, EnerVault, GELI, Bidgely and Ohmconnect. Stem is a company developing energy storage and predictive energy software solutions.
What is Stem SPAC?
Stem Inc's shares begin trading on the New York Stock Exchange today, after the “artificial intelligence-driven clean energy storage services” company completed its business combination with special purpose acquisition company (SPAC) Star Peak Energy Transition Corp.
Is Stem undervalued?
Despite relatively high valuations, Stem (NYSE:STEM) is still undervalued, especially so in the mid to long term, when taking into account growth opportunities both in the current battery energy storage systems (BESS) market and potential expansion into the residential market.
What is Nio price target?
The 30 analysts offering 12-month price forecasts for NIO Inc have a median target of 30.25, with a high estimate of 82.37 and a low estimate of 21.94.
What does the Stem company do?
As the first public pure play smart energy storage company, Stem delivers and operates battery storage solutions that maximize renewable energy generation and help build a cleaner, more resilient grid. Our customers include Fortune 500 companies, project developers, utilities and independent power producers.
Should I buy or sell Stem stock right now?
7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Stem in the last year. There are currently 1 hold rating and 6 bu...
What is Stem's stock price forecast for 2022?
7 brokerages have issued 12 month target prices for Stem's stock. Their forecasts range from $13.00 to $48.00. On average, they expect Stem's stock...
How has Stem's stock performed in 2022?
Stem's stock was trading at $18.97 on January 1st, 2022. Since then, STEM shares have decreased by 56.8% and is now trading at $8.20. View the bes...
When is Stem's next earnings date?
Stem is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for Stem .
How were Stem's earnings last quarter?
Stem, Inc. (NYSE:STEM) issued its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.15) earnings per share (EPS) for the...
What guidance has Stem issued on next quarter's earnings?
Stem issued an update on its FY 2022 earnings guidance on Monday, May, 30th. The company provided EPS guidance of for the period. The company issue...
Who are Stem's key executives?
Stem's management team includes the following people: Mr. John E. Carrington , CEO & Director (Age 55, Pay $746.15k) ( LinkedIn Profile ) Mr. Wi...
Who are some of Stem's key competitors?
Some companies that are related to Stem include Atkore (ATKR) , QuantumScape (QS) , Novanta (NOVT) , Spectrum Brands (SPB) , EnerSys (ENS) ,...
What is Stem's stock symbol?
Stem trades on the New York Stock Exchange (NYSE) under the ticker symbol "STEM."
What products have zero revenues?
Can you redeem money for stock?
Meanwhile completely non-distruptive products like RIVIAN and LUCID that have produced zero revenues and shipped zero vehicles and cannot even begin scaled-manufacturing, together have 25% of global automotive marketcap.
What is Stem's stock symbol?
Yes the money can be redeemed for stock but at a premium to where it is today. Don't know who decides the redemption method but if it STEM, they would only dilute their own shares if that was the only method.
What is Stem's stock price today?
Stem trades on the New York Stock Exchange (NYSE) under the ticker symbol "STEM."
How can I listen to Stem's earnings call?
One share of STEM stock can currently be purchased for approximately $9.81.
How can I contact Stem?
Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10018011".
What is the P/B ratio of stem?
Stem's mailing address is 100 Rollins Road, Millbrae CA, 94030. The company can be reached via email at [email protected].
Where is stem located?
Stem has a P/B Ratio of 4.38. P /B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
Is stem a buy or sell company?
Stem, Inc. operates as an energy technology company in the United States. The company offers energy storage solutions with Athena, an artificial intelligence powered analytics platform to optimize energy use by automatically switching between battery power, onsite generation, and grid power. It serves commercial and industrial enterprises, independent power producers, renewable project developers, utilities, and grid operators. The company is headquartered in Millbrae, California.
What is stem holdings?
Stem has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.
What does the final quote of the instrument at the close of the previous trading day mean?
Stem Holdings Inc deals with cannabis. The company is engaged in the production, storage, sale, distribution and branding of cannabis and related products.
What is dividend yield?
The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Stem shares. This happens once a day.
Does Thomas Niel have any positions in the securities mentioned in this article?
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
Is it worth paying up now?
On the date of publication, Thomas Niel did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
Is STEM stock vulnerable?
Yet, as its projections turn into tangible results, it could become worth many times what it trades for today. Even so, that doesn’t necessarily mean you should jump in right now.
What does a steady stream of press releases do to STEM stock?
While possibly one of the best renewable energy plays, STEM stock could be vulnerable if growth stocks correct again
How much money did stem make in 2020?
A steady stream of press releases increases STEM stock brand awareness in the clean energy community. The company is doing what no other competitor can do.
How much will ESG drive in the next decade?
In 2020, Stem's revenue was $36.31 million, an increase of 106.85% compared to the previous year's $17.55 million. Losses were -$156.12 million, 162.8% more than in 2019.
Did stem lift its full year guide?
The Environment, Social, and Governance (“ESG”) investment theme are predicted to drive as much as $67 trillion in investment flows over the next decade, according to research from Morgan Stanley. This ...
Is stem a first mover?
Stem's management didn't lift its full-year guide, which investors hoped would happen after such a strong quarter. We don't see this as worrisome, however, since the full-year guide is very ambitious.