STEM News and Press, Stem Inc Com From 06/28/23

Investor demand and revenue opportunities drive C-suite leaders’ sustainability plans Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced the results of a new survey that reveals Fortune 1000 C-suite leader...

2023-06-23 20:00:16 ET Crude oil suffered its biggest weekly decline since early May following a flurry of central bank interest rate increases around the world and as the Federal Reserve signaled more potential rate hikes ahead, sparking fears of a global economic downturn. There were ...

Prestigious International Annual Awards Program Honors Standout AI and Machine Learning Solutions and Companies Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy solutions and services, today announced that its Athena® platform has been selected...

2023-06-14 16:02:59 ET Summary Stem reported Q1 revenues of $67 million, beating estimates, and reaffirmed its 2023 guidance with solid bookings growth and increasing software service revenues. The US should install an energy storage capacity of approximately 160GWh by 2030. This ...

2023-06-13 12:21:48 ET Ballard Power Systems ( NASDAQ: BLDP ) +11.3% in Tuesday's trading, surging for a second straight day after saying it expects to cut costs and boost production capacity of its graphite bipolar plates. Other alternative energy stocks are rising too,...

2023-06-06 14:28:36 ET Stem ( NYSE: STEM ) +5.7% in Tuesday's trading as Janney initiated coverage with a Buy rating and $12 price target, seeing significant upside potential if management can execute on the company's 2025 financial targets, as the stock appears to be significan...

2023-06-06 10:05:00 ET Summary Stem, Inc.'s recent progress includes reporting a new record for contracted backlog, which was up 120% y/y, driven by strong first quarter 2023 bookings. Stem expects bookings growth to continue throughout the year as customers increasingly standardi...

Stem (NYSE: STEM), a global leader in artificial intelligence (AI)-driven clean energy software and services, today announced that members of its management team will meet with investors and participate in a fireside chat at the 2023 TD Cowen Virtual Sustainability Week Conference on Tuesday, Jun...

2023-05-26 18:50:12 ET Gasoline at the pump this Memorial Day weekend will cost U.S. consumers ~$1.00 per gallon less than at the same time last year, driven by weak demand for fuel and low oil prices. Nationally, a gallon of gas averaged $3.57 on Friday , down from $4.59 a year ago...

2023-05-24 13:34:30 ET Stem ( NYSE: STEM ) was rated Outperform in new research coverage by analysts at Evercore ISI. They said the energy-storage company is poised for growth and expansion into clean-energy businesses such as electric-vehicle charging, wind power and hydrogen fuel....