CSIMarket Company Name, Ticker, Competitors, else..
 
Stem Inc   (NYSE: STEM)
Other Ticker:  
 
 
Price: $0.4049 $-0.05 -10.440%
Day's High: $0.4521 Week Perf: -5.84 %
Day's Low: $ 0.40 30 Day Perf: -20.61 %
Volume (M): 2,450 52 Wk High: $ 2.27
Volume (M$): $ 992 52 Wk Avg: $0.85
Open: $0.45 52 Wk Low: $0.30



 Market Capitalization (Millions $) 65
 Shares Outstanding (Millions) 161
 Employees 650
 Revenues (TTM) (Millions $) 144
 Net Income (TTM) (Millions $) -854
 Cash Flow (TTM) (Millions $) -48
 Capital Exp. (TTM) (Millions $) 12

Stem Inc
Stem Inc is an energy storage solutions provider for utilities and commercial customers. It was founded in 2009 and is based in California, USA. The company helps customers reduce energy costs, improve resilience, and meet sustainability goals by providing intelligent energy storage systems.

Stem's key product is its Energy Storage System (ESS), which uses advanced AI algorithms to manage energy flow and optimize energy usage. The ESS is made up of several components, including batteries, power electronics, and cloud-based software. The software and algorithms enable the system to learn and adapt to the customer's energy usage patterns, so it can predict and adjust to changes in demand and supply, thereby optimizing grid stability and reducing peak demand.

Stem's advanced analytics platform, Athena, is used along with the Energy Storage System, to provide real-time and predictive insights to customers. Athena uses big data, machine learning, and algorithms to provide customers with visibility into their energy usage, grid conditions, and energy savings. It also enables customers to analyze energy consumption patterns, identify inefficiencies, and measure the impact of energy storage systems on their energy costs.

Stem's services are delivered through a unique business model, where the company owns and operates the ESS, while the customer pays for energy services on a subscription basis, called StemConnect. This approach enables customers to avoid the upfront costs of purchasing energy storage systems while enjoying the benefits of reduced energy costs, improved sustainability and greater energy resilience.

Stem's focus is on serving utility and commercial customers, with a wide range of applications, including demand response, energy arbitrage, grid support, and backup power. The company has partnered with several leading utilities and commercial customers, including Hawaiian Electric, Sacramento Municipal Utility District, and Adobe Systems, among others.

Overall, Stem is an innovative energy storage solutions provider that leverages advanced AI algorithms, big data, and cloud-based technology to provide intelligent energy storage systems for utilities and commercial customers. The company's unique business model, advanced analytics platform, and commitment to sustainability make it a leader in the emerging energy storage industry.


   Company Address: 4 Embarcadero Ctr. San Francisco 94111 CA
   Company Phone Number: 374-7836   Stock Exchange / Ticker: NYSE STEM


   

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Business Update

AI Reigns Supreme Stems PowerTrack Enhances Summit Ridge Energys 514 MW Solar Portfolio,

Published Fri, Mar 14 2025 2:43 AM UTC

Harnessing Artificial Intelligence: Stem s PowerTrack Optimises Summit Ridge Energy s Solar Portfolio In a significant development for the renewable energy sector, Stem (NYSE: STEM), a global frontrunner in AI-driven clean energy software and services, has announced that its PowerTrack software platform is now the standard for Summit Ridge Energy s expansive portfolio of com...
Business Update

Stem untersttzt ungarisches 484-MW-Solarportfolio durch seinen bisher grten Software-Deal in der EMEA-Region

Published Wed, Jan 15 2025 2:21 AM UTC

Revolutionizing Clean Energy: Stem s Strategic Expansion in AI-Driven Solar SolutionsSan Francisco, California Stem, Inc. (NYSE: STEM), a global frontrunner in artificial intelligence (AI)-enhanced clean energy software and services, is making significant strides in the renewable energy landscape. The company recently secured its largest software deal in the EMEA region, ...
Business Update

Stems AI-Enabled PowerBidder Pro to Help Drive Returns for Second Asset in Mercuria Energy Trading ERCOT Portfolio

Published Tue, Dec 17 2024 2:40 PM UTC

Stem s AI-Enabled PowerBidder Pro Bolsters Mercuria s Green Energy Efforts Amid Strategic ShiftsSan Francisco-based Stem, Inc. (NYSE: STEM), a leading provider of AI-enabled clean energy software, has announced that Mercuria Energy Trading has adopted its PowerBidder Pro software to enhance bid management and optimization strategies for a second clean energy asset in the El...
Stem Inc

Stem Inc Faces Increased Losses in Q3 2024: A Clear Call for Strategic Reassessment

Stem, Inc.: A Deep Dive into Disastrous Financial Results and Future ImplicationsThe most recent financial report from Stem Inc. paints a grim picture. With revenue plummeting by an astounding 78.165% to $29.20 million, this Industrial Machinery and Components company is facing significant challenges. Compounding the distress, the net deficit per share has worsened to -$0.91 from a less severe loss in the corresponding quarter last year. Amidst a backdrop where the broader Industrial Machinery and Components industry experienced an average revenue growth of 5.37%, Stem's decline raises a multitude of questions about its operational strategies, market positioning, and future viability. Revenue Breakdown: A Closer LookThe specifics of the revenue declines are alarming. Most notably, services and other revenue seem to be the only segment escaping the catastrophic downturn, growing by 33.42%. In stark contrast, hardware revenue has plunged by 93.9%, while services and other revenue in the United States fell by an eye-watering 78.87%. International markets did not fare much better, with revenue in the Rest of the World experiencing a decline of 52.64%. This stark difference in performance across segments highlights deeper issues in Stem Inc.'s business model.
Business Update

Stem Redefines Future with Software-Centric Strategy to Boost Growth and Profits

Published Wed, Oct 2 2024 12:47 AM UTC

In a bold move that signals a transformative shift for the clean energy sector, Stem, Inc. (NYSE: STEM) has unveiled an innovative software and services-centric strategy aimed at propelling the company towards scalable growth and enhanced profitability. This recalibration, rooted in insights from the Board s Software Strategy Working Group, marks a decisive step in Stem s ev...






Stem Inc's Segments
United States    93.93 % of total Revenue
Rest of the world    6.39 % of total Revenue
Hardware revenue    24.48 % of total Revenue
Services and other revenue    75.84 % of total Revenue

  Stem Inc Outlook

On January 23 2024 the Stem Inc provided following guidance

will provide investors, s, and the media with an opportunity to hear from Stem's management team and gain insights into the company's financial performance and future prospects.

During the conference call, Stem will review its financial results for the fourth quarter and full year of 2023. This will include a discussion of its revenue, expenses, and net income for the period. The company will also provide an overview of its operational highlights and key achievements during the year.

In addition to reviewing its financial results, Stem will also discuss its outlook for 2024. This will include an overview of its growth strategy, key initiatives, and anticipated market trends. The management team...





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