Stem, Inc.STEM
NYSE • Technology
$8.99
P/E
0.52
PEG
0.02
FCF Yield
—
Rev Growth YoY
-10.8% YoY
Gross Margin
37.4%
Health Score
5/10
D/E Ratio
-1.48
Confidence
LOW
Business Snapshot
Stem, Inc. provides AI-driven clean energy storage and software solutions, primarily serving commercial and industrial customers with its Athena platform for optimizing energy storage assets. The company operates in the rapidly growing energy storage and software-infrastructure market, positioning as a technology-enabled service provider rather than a traditional hardware manufacturer. With trailing twelve-month revenue of $152.75 million, it is a small-cap player. A defining characteristic is its focus on intelligent software-based optimization, which differentiates it from pure hardware companies but also ties its fortunes to the pace of energy storage adoption.
Financial Health
Gross margin of 37.4% slipped from 38.7% in the prior year, indicating slight margin pressure, while net margin for TTM stands at an extraordinary 94.2% — note this figure may be distorted due to a one-time item or data anomaly. Debt/equity of -1.48x reflects negative equity (liabilities exceed assets), a significant balance sheet red flag, and the current ratio of 0.91x is below 1.0, signalling potential short-term liquidity strain...
Risk Assessment
EARNINGS QUALITY — TTM net margin of 94.2% is driven by a one-time $202.53M net income gain in Q4 2025; excluding this, the company posts recurring losses, distorting all earnings-based ratios. DEBT / LIQUIDITY — Debt/equity of -1.48x indicates negative equity, while current ratio of 0.91x is below 1.0, signalling liquidity risk and limited financial flexibility. REVENUE DECELERATION — Revenue declined 10.8% YoY and an even sharper 38.5% QoQ, reflecting accelerating top-line weakness and demand deterioration. 52-WEEK POSITION — Current price of $8.99 is near the bottom of the 52-week range ($5.925 – $32.23), well below the midpoint of $19.08, indicating prolonged price weakness. TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed....
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