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Stem Inc   (STEM)
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Price: $2.5600 $-0.11 -4.120%
Day's High: $2.77 Week Perf: -9.22 %
Day's Low: $ 2.49 30 Day Perf: -18.47 %
Volume (M): 14,149 52 Wk High: $ 9.54
Volume (M$): $ 36,221 52 Wk Avg: $4.68
Open: $2.73 52 Wk Low: $2.33



 Market Capitalization (Millions $) 399
 Shares Outstanding (Millions) 156
 Employees -
 Revenues (TTM) (Millions $) 449
 Net Income (TTM) (Millions $) -138
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 20

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: 100 California St., 14th Fl. San Francisco 94111 CA
   Company Phone Number: 374-7836   Stock Exchange / Ticker: NYSE STEM
   


   

Stock Performances by Major Competitors

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Stem Inc

Stem Inc's Stellar Revenue Surge Marred by Worrisome Shortfall Increase in Q3 2023

Bearish Outlook for Stem Inc.: Increased Shortfall and Declining Transactions
Stem Inc, a global leader in AI-driven clean energy solutions and services, reported a shortfall per share of $-0.49 in the third quarter of 2023. This is a significant increase compared to the previous financial reporting period where the company realized a shortfall of $-0.26 per share. Despite an impressive 34.38% surge in revenue to $133.71 million, Stem Inc's increased shortfall raises concerns about its financial performance.
In contrast to Stem Inc's shining performance, most businesses in the Industrial Machinery and Components industries are struggling with diminishing transactions and facing declining top-line. This indicates that Stem Inc may be facing unique challenges that are impacting its ability to maintain profitability.

Product Service News

Stem and SB Energy Join Forces to Revolutionize AI-Enabled Energy Management of Utility Scale Renewables

Published Thu, Nov 2 2023 8:07 PM UTC


In a groundbreaking move for the clean energy industry, Stem and SB Energy have announced a multi-year technology and commercial alliance aimed at advancing AI-driven energy management of utility scale renewables. Stem, a renowned global leader in AI-driven clean energy solutions and services, has joined forces with SB Energy, a leading developer, owner, and operator of...

Stem Inc

Stem Inc Reports Impressive Revenue Growth Amid Concerns Over Stock Performance in Q2 2023



Stem Inc, a prominent player in the Industrial Machinery and Components sector, has recently released its financial results for the April to June 2023 period. While the company showcased impressive revenue growth and a notable improvement in earnings, its declining stock performance and growing inventories raise concerns about its future prospects. This article aims to analyze the impact of these financial results on Stem Inc's future trajectory.
1. Revenue Surge, Outpacing Sector Peers:
Stem Inc witnessed a remarkable revenue surge of 38.723% during the April to June 2023 period, reaching $92.87 million. This significant growth outpaced that of its Industrial Machinery and Components sector contemporaries, who reported a 6.05% revenue increase for the same period. Stem's ability to outperform peers suggests its strong market positioning and successful business strategies.

Stem Inc

Stem Inc reported a superb elevation, in the first quarter of 2023 earnings season

Stem Inc, a company in the Industrial Machinery and Components industry, has recorded a cumulative net loss of $-146 million during the 12 months ending in the first quarter of 2023. This has resulted in a negative return on equity (ROE) of -26.02%, which is much lower than the industry average.
Moreover, within the Industrial Machinery and Components industry, 71 other companies had a higher return on equity, indicating that Stem Inc is facing fierce competition from its peers. The total ranking of Stem Inc's return on equity has deteriorated compared to the fourth quarter of 2022 from 0 to 3013.






 

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