(STEM) Stem - Overview

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US85859N3008

Stock: Energy Storage Systems, AI Software, Edge Hardware

Total Rating 32
Risk 30
Buy Signal -0.55

EPS (Earnings per Share)

EPS (Earnings per Share) of STEM over the last years for every Quarter: "2020-12": -0.06, "2021-03": -0.11, "2021-06": -0.24, "2021-09": -1.13, "2021-12": -0.65, "2022-03": -0.06, "2022-06": -0.21, "2022-09": -0.22, "2022-12": -0.23, "2023-03": -0.29, "2023-06": -0.26, "2023-09": -0.49, "2023-12": -0.24, "2024-03": -0.46, "2024-06": -0.22, "2024-09": -0.27, "2024-12": -0.0555, "2025-03": -0.15, "2025-06": -1.79, "2025-09": -1.928,

Revenue

Revenue of STEM over the last years for every Quarter: 2020-12: 18.646, 2021-03: 15.42, 2021-06: 19.337, 2021-09: 39.833, 2021-12: 52.78, 2022-03: 41.088, 2022-06: 66.947, 2022-09: 99.501, 2022-12: 155.444, 2023-03: 67.405, 2023-06: 92.946, 2023-09: 133.74, 2023-12: 167.424, 2024-03: 25.469, 2024-06: 33.999, 2024-09: 29.291, 2024-12: 55.825, 2025-03: 32.512, 2025-06: 38.374, 2025-09: 38.237,
Risk 5d forecast
Volatility 127%
Relative Tail Risk -14.0%
Reward TTM
Sharpe Ratio 0.68
Alpha -13.47
Character TTM
Beta 1.838
Beta Downside 2.086
Drawdowns 3y
Max DD 97.12%
CAGR/Max DD -0.61

Description: STEM Stem January 20, 2026

Stem, Inc. (NYSE:STEM) delivers AI-powered software, edge-hardware, and OEM energy-storage systems that help a broad set of market participants-including utilities, independent power producers, and grid operators-plan, deploy, and manage clean-energy assets across the United States and select international markets. The company’s platform optimizes storage dispatch, reduces curtailment, and monetizes ancillary services, positioning it as a technology enabler for the evolving, decentralized grid.

Key quantitative signals (as of the most recent filings) include: • 2023 revenue of roughly $115 million, up ~28 % YoY, driven by accelerated adoption of its AI-dispatch software in utility-scale projects; • installed storage capacity under management exceeding 1.5 GW, a metric that scales directly with the firm’s recurring software-as-a-service fees; • gross margin improvement to ~42 % after a 2022 restructuring aimed at reducing hardware-related cost volatility. Sector-wide, rising renewable-penetration targets (U.S. goal of 100 GW storage by 2030) and tightening capacity-market rules are expanding the addressable market for AI-optimized storage solutions.

For a data-driven deep-dive into STEM’s valuation dynamics, the ValueRay platform offers a concise, model-backed overview worth checking out.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 102.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.05 > 0.02 and ΔFCF/TA -0.05 > 1.0
NWC/Revenue: -12.01% < 20% (prev 2.07%; Δ -14.08% < -1%)
CFO/TA -0.04 > 3% & CFO -16.1m > Net Income 102.6m
Net Debt (278.5m) to EBITDA (156.6m): 1.78 < 3
Current Ratio: 0.83 > 1.5 & < 3
Outstanding Shares: last quarter (8.38m) vs 12m ago 3.00% < -2%
Gross Margin: 20.90% > 18% (prev 0.02%; Δ 2088 % > 0.5%)
Asset Turnover: 36.64% > 50% (prev 47.63%; Δ -11.00% > 0%)
Interest Coverage Ratio: 6.13 > 6 (EBITDA TTM 156.6m / Interest Expense TTM 20.1m)

Altman Z'' -14.35

A: -0.05 (Total Current Assets 93.8m - Total Current Liabilities 113.6m) / Total Assets 362.6m
B: -4.06 (Retained Earnings -1.47b / Total Assets 362.6m)
C: 0.27 (EBIT TTM 123.0m / Avg Total Assets 450.2m)
D: -2.46 (Book Value of Equity -1.47b / Total Liabilities 597.7m)
Altman-Z'' Score: -14.35 = D

Beneish M -3.95

DSRI: 0.60 (Receivables 35.8m/92.7m, Revenue 164.9m/256.2m)
GMI: 0.09 (GM 20.90% / 1.88%)
AQI: 1.25 (AQ_t 0.58 / AQ_t-1 0.46)
SGI: 0.64 (Revenue 164.9m / 256.2m)
TATA: 0.33 (NI 102.6m - CFO -16.1m) / TA 362.6m)
Beneish M-Score: -3.95 (Cap -4..+1) = AAA

What is the price of STEM shares?

As of February 08, 2026, the stock is trading at USD 12.75 with a total of 253,118 shares traded.
Over the past week, the price has changed by -18.27%, over one month by -31.19%, over three months by -26.43% and over the past year by +11.06%.

Is STEM a buy, sell or hold?

Stem has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold STEM.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 8
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the STEM price?

Issuer Target Up/Down from current
Wallstreet Target Price 19.2 50.4%
Analysts Target Price 19.2 50.4%
ValueRay Target Price 7.3 -42.5%

STEM Fundamental Data Overview February 05, 2026

P/S = 0.7813
P/B = 0.6265
Revenue TTM = 164.9m USD
EBIT TTM = 123.0m USD
EBITDA TTM = 156.6m USD
Long Term Debt = 311.0m USD (from longTermDebt, last quarter)
Short Term Debt = 2.76m USD (from shortTermDebt, last fiscal year)
Debt = 321.7m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 278.5m USD (from netDebt column, last quarter)
Enterprise Value = 407.4m USD (128.9m + Debt 321.7m - CCE 43.1m)
Interest Coverage Ratio = 6.13 (Ebit TTM 123.0m / Interest Expense TTM 20.1m)
EV/FCF = -20.59x (Enterprise Value 407.4m / FCF TTM -19.8m)
FCF Yield = -4.86% (FCF TTM -19.8m / Enterprise Value 407.4m)
FCF Margin = -11.99% (FCF TTM -19.8m / Revenue TTM 164.9m)
Net Margin = 62.20% (Net Income TTM 102.6m / Revenue TTM 164.9m)
Gross Margin = 20.90% ((Revenue TTM 164.9m - Cost of Revenue TTM 130.5m) / Revenue TTM)
Gross Margin QoQ = 35.52% (prev 33.36%)
Tobins Q-Ratio = 1.12 (Enterprise Value 407.4m / Total Assets 362.6m)
Interest Expense / Debt = 2.26% (Interest Expense 7.27m / Debt 321.7m)
Taxrate = 21.0% (US default 21%)
NOPAT = 97.2m (EBIT 123.0m * (1 - 21.00%))
Current Ratio = 0.83 (Total Current Assets 93.8m / Total Current Liabilities 113.6m)
Debt / Equity = -1.36 (negative equity) (Debt 321.7m / totalStockholderEquity, last quarter -235.7m)
Debt / EBITDA = 1.78 (Net Debt 278.5m / EBITDA 156.6m)
Debt / FCF = -14.08 (negative FCF - burning cash) (Net Debt 278.5m / FCF TTM -19.8m)
Total Stockholder Equity = -316.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 22.79% (Net Income 102.6m / Total Assets 362.6m)
RoE = -32.43% (negative equity) (Net Income TTM 102.6m / Total Stockholder Equity -316.4m)
RoCE = -2279 % (out of range, set to none) (EBIT 123.0m / Capital Employed (Equity -316.4m + L.T.Debt 311.0m))
RoIC = 95.33% (NOPAT 97.2m / Invested Capital 101.9m)
WACC = 4.90% (E(128.9m)/V(450.5m) * Re(12.69%) + D(321.7m)/V(450.5m) * Rd(2.26%) * (1-Tc(0.21)))
Discount Rate = 12.69% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 3.65%
Fair Price DCF = unknown (Cash Flow -19.8m)
EPS Correlation: -46.29 | EPS CAGR: -65.16% | SUE: 0.02 | # QB: 0
Revenue Correlation: -44.90 | Revenue CAGR: -8.24% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-2.15 | Chg30d=-0.045 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=-6.50 | Chg30d=+0.000 | Revisions Net=+1 | Growth EPS=+26.7% | Growth Revenue=+11.5%

Additional Sources for STEM Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle