Stem, Inc. (STEM, Financial) has announced a significant corporate action, with a 1-for-20 reverse stock split set to take effect on June 23, 2025. This strategic move aims to meet the NYSE's minimum price requirements. As a result of this reverse split, the number of outstanding shares will be dramatically reduced from approximately 167 million to just 8.4 million. In the wake of this announcement, STEM's stock price experienced a 10.7% decline in post-market trading.
Key Takeaways
- Stem, Inc. initiates a 1-for-20 reverse stock split effective June 23, 2025.
- The split will reduce outstanding shares from 167 million to 8.4 million.
- Post-announcement, stock value dipped by 10.7% in after-hours trading.
Wall Street Analysts Forecast
In analyzing Stem Inc (STEM, Financial), seven Wall Street analysts have set a range of one-year price targets, with an average estimate positioned at $0.63. The predictions span a high of $1.00 and a low of $0.40, hinting at varied perspectives on the stock's trajectory. Currently, the average target suggests a modest upside of 4.73% from the existing share price of $0.60. For a deeper dive into these projections, visit the Stem Inc (STEM) Forecast page.
Further insights from six brokerage firms provide a consensus "Hold" recommendation for Stem Inc (STEM, Financial), reflected in an average brokerage recommendation score of 3.0. This score falls within a 1 to 5 scale, where 1 indicates a Strong Buy and 5 represents a Sell.
GuruFocus GF Value Assessment
GuruFocus provides its own valuation perspective, with an anticipated GF Value of $1.30 for Stem Inc (STEM, Financial) in the next year. This projection signifies a significant upside of 115.12% from the current trading price of $0.6043. The GF Value is a comprehensive estimate reflecting the stock's fair trading value, derived from historical trading multiples, past business growth, and future performance forecasts. Investors can explore more detailed analytics on the Stem Inc (STEM) Summary page.
