Stem Inc. receives Investment Bank Analyst Rating Update
Investing in special purpose acquisition companies (SPACs), does not feel as glamorous lately. 2020 will possibly be remembered as the year when investors’ risk appetite for...
Stem, Inc., is a digitally connected, intelligent energy storage network provider, providing its customers with an energy storage system, sourced from battery original equipment manufacturers (OEMs), including solar project developers and engineering, procurement, and construction firms. It delivers its battery hardware and software-enabled services to its customers through its Athena artificial intelligence (AI) platform. The Company's energy storage solutions support renewable energy generation by alleviating grid intermittency issues and thereby reducing customer dependence on traditional, fossil fuel resources. It operates in two areas within the energy storage landscape: Behind-the-Meter (BTM) and Front-of-the-Meter (FTM). BTM systems provide power that is used on-site without interacting with the electric grid. FTM grid-connected systems deliver power into the grid, which is sold to off-site customers and transported by the grid prior to reaching an end-user.
|Average||17.77 (+76.49% Upside)|
|No. of Analysts||11|