Stem Inc (STEM) Achieves Positive Adjusted EBITDA in Q4, Expects $50M Operating Cash Flow in 2024 [Yahoo! Finance]
Stem, Inc. Class A (STEM)
US:NASDAQ Investor Relations:
investor.stemcellsinc.com
Company Research
Source: Yahoo! Finance
Adjusted EBITDA : Achieved a positive adjusted EBITDA of $4.6 million in Q4, a significant improvement from a $(9.5) million in Q4 2022. Net Loss : Reported a net loss of $37.7 million in Q4, slightly higher than the $35.3 million loss in the same period last year. Bookings and Backlog : Q4 bookings were $256.1 million, with a contracted backlog of $1.9 billion, indicating strong future revenue potential. Operating Cash Flow : Stem Inc projects at least $50 million in operating cash flow for 2024 without equity issuance. Guidance for 2024 : Revenue is expected to be between $600 million and $700 million, with an adjusted EBITDA of $5 million to $20 million. Warning! GuruFocus has detected 9 Warning Signs with STEM. On February 28, 2024, Stem Inc ( NYSE:STEM ), a global leader in AI-driven clean energy solutions and services, released its 8-K filing , announcing its financial results for the fourth quarter and full year of 2023. The company, known for bundling third-party
Show less
Read more
Impact Snapshot
Event Time:
STEM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
STEM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
STEM alerts
High impacting Stem, Inc. Class A news events
Weekly update
A roundup of the hottest topics
STEM
News
- Stem, Inc. (NYSE: STEM) had its price target lowered by analysts at BMO Capital Markets from $2.50 to $1.85. They now have a "market perform" rating on the stock.MarketBeat
- Stem, Inc. (NYSE: STEM) had its price target lowered by analysts at Evercore ISI from $13.00 to $9.00. They now have an "outperform" rating on the stock.MarketBeat
- Stem, Inc. (NYSE:STEM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Stem Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Stem Announces PowerTrack™ APM for Comprehensive Solar and Storage Energy Portfolio Management [Yahoo! Finance]Yahoo! Finance
STEM
Earnings
- 5/2/24 - Miss
STEM
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 144
- 5/2/24 - Form 8-K
- STEM's page on the SEC website