profit from every $100 of sales.
$0$100
Stem
$2.76+9.52% today
-85.0% in 1 year
1-year low $2.181-year high $21.89
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $0.19 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Stem sold, what it kept, and what it did with the cash.
Sales went from $363 million in 2022 to $156 million in 2025, with $138 million of profit last year.
SalesProfit
Stem vs. similar companies
Stem grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Stem | 0.2× · Cheap | ||
 China Yangtze Power | 21.2× · Fair price | ||
 Huaneng Lancang River Hydropower | 24.1× · Fair price | ||
 Verbund | 16.6× · Fair price | ||
 Adani Green Energy | 144.5× · Very expensive |
AI analysis
An AI analyst reads Stem's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 363 | 462 | 145 | 156 | |
| 33 | 4 | -11 | 60 | |
| -131 | -179 | -188 | -56 | |
| -83 | -79 | -790 | 207 | |
| -124 | -140 | -854 | 138 | |
| -16.20 | -18.00 | -105.80 | -9.18 | |
| 9.1% | 0.8% | -7.6% | 38.4% | |
| -36.1% | -38.9% | -130.1% | -35.6% | |
| -34.2% | -30.4% | -590.7% | 88.2% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,422 | 1,357 | 437 | 309 |
| Cash | 88 | 105 | 56 | 49 |
| Total debt | 463 | 537 | 542 | 325 |
| Total liabilities | 870 | 930 | 835 | 558 |
| 552 | 426 | -398 | -249 | |
| 8 | 8 | 8 | 8 | |
| -10.0% | -10.3% | -459.4% | 169.1% | |
| -22.5% | -32.9% | 214.4% | -55.2% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -106 | -207 | -37 | 7 | |
| 21 | 18 | 12 | 7 | |
| -127 | -226 | -48 | 0 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 29 | 45 | 18 | 10 |
Valuation
- 0.2×
- –
- –
- -0.1×
- 0.2×
- 102.6×
- 1.5×
- 1.0%
- 518.5%
- 0.0%
Profitability
- 38.4%
- -35.6%
- 88.2%
- 126.6%
- 173.3%
- -79.6%
- -59.6%
- 51.0%
- -27.8%
- 23.3%
Growth
- −24.5%
- –
- +114.2%
- –
- +3.4%
Financial health
- 1.3×
- -1.30
- 116.7%
- 6.8×
- 0.91
- 0.79
- 0.53
How it ranks in Utilities
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 1%of 401
Bottom 1%of 396
Top 1%of 365
Bottom 1%of 401
Bottom 49%of 400
What analysts expect
- Average price target
- $11.00
- Range
- $10.00 – $12.00
- 2 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | -1.55 | -2.06 | +24.8% |
| Mar 4, 2026 | -1.85 | -2.17 | +14.8% |
| Oct 29, 2025 | -2.84 | -1.85 | −53.5% |
| Aug 7, 2025 | -3.73 | -3.00 | −24.3% |
| Apr 29, 2025 | -3.00 | -4.00 | +25.0% |
| Mar 4, 2025 | -2.40 | -3.20 | +25.0% |
| Oct 30, 2024 | -4.20 | -4.00 | −5.0% |
| Aug 6, 2024 | -4.40 | -4.60 | +4.3% |
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
35No pass
Benjamin Graham
54No pass
Philip Fisher
45No pass
Peter Lynch
44No pass
Joel Greenblatt
100Pass
Charlie Munger
44No pass
Terry Smith
37No pass
Questions about Stem
Is Stem a good stock to buy?
A strong, very profitable business, and the price looks low. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Stem AI analysis
What does Stem do?
Stem, Inc. engages in the development, deployment, and operation of clean energy assets in the United States and internationally. The company offers OEM energy storage systems, and edge hardware devices and solutions. It is in Utilities - Renewable.
Does Stem pay a dividend?
No. Stem does not pay a dividend at the moment.
Is Stem stock halal?
No. Stem does not pass our halal screen: its debt is 1,224% of its market value, at or above the 33% limit. How we check
How has Stem stock done over the past year?
Down 85.0% over the past twelve months, to $2.76. It traded between $2.18 and $21.89 and is 87.4% below its high.
Who are Stem's competitors?
The largest listed companies in the same industry are China Yangtze Power, Huaneng Lancang River Hydropower, Verbund and Adani Green Energy. The peers table on this page compares their profit, growth and price with Stem's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.