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Stem, Inc.. (STEM) Fundamental Analysis & AI Grade 2026

STEM NYSE Services-Computer Integrated Systems Design CIK: 0001758766
Updated This Month • Analysis: May 8, 2026 • SEC Data: 2026-03-31
Combined AI Grade
D
88% Confidence
N/A
D
88% Conf
Pending
Analysis scheduled

📊 STEM Key Takeaways

Revenue: $29.0M
Net Margin: -65.3%
Free Cash Flow: $-8.3M
Current Ratio: 0.84x
Debt/Equity: N/A
EPS: $-2.22
AI Grade: D with 88% confidence
Stem, Inc.. (STEM) receives a D fundamental grade with 88% confidence from our AI analysis based on SEC 10-K filings. With revenue of $29.0M, net profit margin of -65.3%, Stem, Inc.. demonstrates mixed fundamentals in the Technology sector. Below is our complete STEM stock analysis for 2026.

Is Stem, Inc.. (STEM) a Good Investment?

Claude

STEM is technically insolvent with negative stockholders equity of -$266.3M and liabilities exceeding assets. The company is burning cash from operations (-$8.3M quarterly) with only ~4-5 quarters of runway at current rates, while operating margins of -49% and net margins of -65% indicate the business model cannot support current expense structure despite modest revenue growth.

Stem, Inc.. Key Strengths (STEM)

Claude
  • + Revenue growing 8.1% YoY shows market demand for services
  • + Gross margin of 37.4% indicates reasonable pricing power and product-market fit at gross level
  • + Maintains $36.6M in cash providing short-term operational flexibility

STEM Stock Risks: Stem, Inc.. Investment Risks

Claude
  • ! Negative stockholders equity of -$266.3M indicates technical insolvency and existential solvency risk
  • ! Current ratio of 0.84x and operating cash burn of -$8.3M create acute liquidity crisis with estimated 4-5 quarter cash runway
  • ! Operating margin of -49% and net margin of -65% demonstrate business model failure to control operating expenses despite revenue scale
  • ! Negative interest coverage of -3.0x indicates inability to service debt from operations, requiring asset sales or restructuring

Key Metrics to Watch

Claude
  • * Quarterly operating cash flow and cash runway depletion rate
  • * Path to operating profitability or signs of restructuring/bankruptcy filing
  • * Changes in stockholders equity and debt restructuring activities

Stem, Inc.. (STEM) Financial Metrics & Key Ratios

Revenue
$29.0M
Net Income
$-18.9M
EPS (Diluted)
$-2.22
Free Cash Flow
$-8.3M
Total Assets
$281.9M
Cash Position
$36.6M

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

STEM Profit Margin, ROE & Profitability Analysis

Gross Margin 37.4%
Operating Margin -49.0%
Net Margin -65.3%
ROE N/A
ROA -6.7%
FCF Margin -28.7%

STEM vs Technology Sector: How Stem, Inc.. Compares

How Stem, Inc.. compares to Technology sector averages

Net Margin
STEM -65.3%
vs
Sector Avg 18.0%
STEM Sector
ROE
STEM 0.0%
vs
Sector Avg 22.0%
STEM Sector
Current Ratio
STEM 0.8x
vs
Sector Avg 2.5x
STEM Sector
Debt/Equity
STEM 0.0x
vs
Sector Avg 0.5x
STEM Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Stem, Inc.. Stock Overvalued? STEM Valuation Analysis 2026

Based on fundamental analysis, Stem, Inc.. has mixed fundamental signals relative to the Technology sector in 2026.

Return on Equity
N/A
Sector avg: 22%
Net Profit Margin
-65.3%
Sector avg: 18%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.5x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Stem, Inc.. Balance Sheet: STEM Debt, Cash & Liquidity

Current Ratio
0.84x
Quick Ratio
0.84x
Debt/Equity
N/A
Debt/Assets
194.3%
Interest Coverage
-3.02x
Long-term Debt
N/A

STEM Revenue & Earnings Growth: 5-Year Financial Trend

STEM 5-year financial data: Year 2021: Revenue $127.4M, Net Income -$59.4M, EPS $-1.51. Year 2022: Revenue $363.0M, Net Income -$156.1M, EPS $-4.13. Year 2023: Revenue $461.5M, Net Income N/A, EPS $-0.96. Year 2024: Revenue $461.5M, Net Income N/A, EPS $-0.81. Year 2025: Revenue $461.5M, Net Income N/A, EPS $-18.05.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Stem, Inc..'s revenue has grown significantly by 262% over the 5-year period, indicating strong business expansion. The most recent EPS of $-18.05 indicates the company is currently unprofitable.

STEM Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-28.7%
Free cash flow / Revenue

STEM Quarterly Earnings & Performance

Quarterly financial performance data for Stem, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $29.0M -$18.9M $-2.22
Q3 2025 $29.3M -$23.8M $-2.84
Q2 2025 $34.0M -$25.0M $-1.79
Q1 2025 $25.5M -$25.0M $-0.15
Q3 2024 $29.3M $19.1M $-0.49
Q2 2024 $34.0M $19.1M $-0.17
Q1 2024 $25.5M -$44.8M $-0.29
Q3 2023 $99.5M $19.1M $-0.22

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Stem, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$8.3M
Cash generated from operations
Dividends
None
No dividend program

STEM SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Stem, Inc.. (CIK: 0001758766)

📋 Recent SEC Filings

Date Form Document Action
May 7, 2026 10-Q stem-20260331.htm View →
May 6, 2026 8-K stem-20260506.htm View →
Apr 24, 2026 DEF 14A stem-20260424.htm View →
Mar 17, 2026 8-K stem-20260312.htm View →
Mar 13, 2026 4 xslF345X05/wk-form4_1773402510.xml View →

Frequently Asked Questions about STEM

What is the AI rating for STEM?

Stem, Inc.. (STEM) has an AI grade of D with 88% confidence, based on fundamental analysis of SEC EDGAR filings.

What are STEM's key strengths?

Claude: Revenue growing 8.1% YoY shows market demand for services. Gross margin of 37.4% indicates reasonable pricing power and product-market fit at gross level.

What are the risks of investing in STEM?

Claude: Negative stockholders equity of -$266.3M indicates technical insolvency and existential solvency risk. Current ratio of 0.84x and operating cash burn of -$8.3M create acute liquidity crisis with estimated 4-5 quarter cash runway.

What is STEM's revenue and growth?

Stem, Inc.. reported revenue of $29.0M.

Does STEM pay dividends?

Stem, Inc.. does not currently pay dividends.

Where can I find STEM SEC filings?

Official SEC filings for Stem, Inc.. (CIK: 0001758766) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is STEM's EPS?

Stem, Inc.. has a diluted EPS of $-2.22.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is STEM's fundamental grade?

Based on our AI fundamental analysis in May 2026, Stem, Inc.. has a D grade with 88% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is STEM stock overvalued or undervalued?

Valuation metrics for STEM: ROE of N/A (sector avg: 22%), net margin of -65.3% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.

What is STEM's AI grade for 2026?

Our dual AI analysis gives Stem, Inc.. a combined D grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is STEM's free cash flow?

Stem, Inc..'s operating cash flow is $-8.3M, with capital expenditures of N/A. FCF margin is -28.7%.

How does STEM compare to other Technology stocks?

Vs Technology sector averages: Net margin -65.3% (avg: 18%), ROE N/A (avg: 22%), current ratio 0.84 (avg: 2.5).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 8, 2026 | Data as of: 2026-03-31 | Powered by Claude AI