Stem Inc Stock Price, News & Analysis

Stem (NYSE:STEM) has announced the rebranding of its flagship enterprise platform Athena® to PowerTrack™ Optimizer. This strategic rebranding consolidates Stem's offerings into a single integrated stack under the PowerTrack name, aiming to simplify clean energy asset management.

PowerTrack Optimizer maintains all core capabilities of the previous platform, including forecasting, value stacking, real-time dispatch, constraint management, and financial optimization. The platform supports four key areas: 24/7 monitoring and asset alerts, value stacking and revenue optimization, operational visualization and reporting, and project valuation. The platform currently manages nearly 2 GWh of battery storage assets.

Stem (NYSE:STEM) has launched PowerTrack™ Energy Management System (EMS), expanding its product suite for standalone and hybrid energy storage control. The company, which currently manages over 30 GW of solar assets and nearly 2 GWh of battery storage systems, has developed this intelligent control system to manage battery operations and coordinate grid services.

PowerTrack EMS builds on Stem's market leadership, with 13 of the top 15 US C&I players and 90% of leading US community solar asset owners standardizing on their platform. The system offers key capabilities including unified hybrid control, 32% reduction in engineering hours, and 99.99% controller reliability. The solution features hardware-agnostic controllers and is immediately available globally with comprehensive deployment support.

Stem (NYSE:STEM), a global AI-driven clean energy solutions provider, reported strong Q2 2025 financial results. Revenue increased 13% year-over-year to $38.4 million, with notable improvements in GAAP gross margin (33%) and non-GAAP gross margin (49%). The company achieved positive adjusted EBITDA of $3.8 million, a significant improvement from $(11.3) million in Q2 2024.

Key operational metrics showed growth with storage operating assets under management reaching 1.7 GWh (up 42% YoY) and solar operating AUM at 32.7 GW (up 22% YoY). Annual recurring revenue increased 3% QoQ to $58.5 million. The company completed a significant debt restructuring, reducing outstanding debt by $195 million and extending maturities to 2030.

[ "Achieved positive adjusted EBITDA of $3.8M, up from $(11.3M) in Q2 2024", "Revenue grew 13% YoY to $38.4M with improved gross margins", "Storage AUM increased 42% YoY to 1.7 GWh", "Successfully reduced debt by $195M through debt exchange", "ARR grew 22% YoY to $58.5M", "Non-GAAP gross margin improved to 49% from 40% YoY" ]

Stem (NYSE: STEM) has successfully deployed its advanced energy system at the 57 MW Camino Solar project in Kern County, California, developed by Avangrid. The project features Stem's PowerTrack™ Power Plant Controller (PPC) and data acquisition system, meeting the stringent IEEE 2800 standard for grid interconnection.

The system monitors nearly 8,000 real-time data points and will power approximately 14,000 homes. The project is expected to generate $15 million in state and local tax revenue over its lifetime and created about 100 local jobs during construction. This marks Stem's third collaboration with Avangrid, reinforcing their position in renewable energy solutions.

Stem (NYSE: STEM), a leader in AI-enabled clean energy software and services, has scheduled its Q2 2025 earnings conference call for August 7, 2025 at 5:00 p.m. ET. The company will release its financial results for the quarter ending June 30, 2025 at approximately 4:05 p.m. ET on the same day.

Investors can access the call via webcast at the company's investor relations website or by telephone. A replay will be available until September 7, 2025, and the webcast archive will be accessible for 12 months on Stem's website.

Stem (NYSE:STEM), a leader in AI-driven clean energy software and services, has appointed Brian Musfeldt as Chief Financial Officer, effective July 17, 2025. Musfeldt, who previously served as CFO of AlsoEnergy from 2017 to 2023, returns to Stem with nearly 30 years of finance and management experience in clean technology and energy industries.

Musfeldt succeeds Doran Hole, who will step down as CFO and EVP but continue in an advisory capacity until July 31, 2025. The appointment comes as Stem continues its strategic realignment focusing on software services revenue growth and technology innovation. Musfeldt's experience includes CFO roles at ikeGPS and MST Global Inc, along with a background in public accounting at KPMG / Arthur Anderson.

Stem, Inc. (NYSE: STEM) has announced a significant balance sheet restructuring through a privately negotiated exchange of convertible notes. The company has exchanged $350 million of its existing 2028 and 2030 Convertible Senior Notes for $155 million in new First Lien Notes due 2030, resulting in a substantial debt reduction of nearly $200 million.

The transaction includes the exchange of approximately $229 million of 2028 Convertible Notes (77% of outstanding) and $121 million of 2030 Notes (51% of outstanding). As part of the deal, Stem will issue warrants to purchase 439,919 shares at a $30.00 strike price and receive $10 million in cash.

The new First Lien Notes will carry an 11.000% interest rate payable in cash, or at the company's option, a 12.000% in-kind payment option. Following the exchange, Stem's remaining debt consists of $68 million in 2028 Convertible Notes, $119 million in 2030 Convertible Notes, and $155 million in new Senior Secured Notes due 2030.

Stem (NYSE: STEM) announced that Norbut Solar Farms (NSF) will standardize on Stem's PowerTrack™ software to manage its growing solar project portfolio in New York. NSF, which has deployed over 525 MW of community solar and 30 MW of energy storage across New York State, will implement PowerTrack™ across 50 MW over five years. The software will help NSF accelerate its Engineering, Procurement, and Construction (EPC) strategy and enhance operational efficiency. NSF is expanding with 17 new projects planned over three years, structuring projects into four co-located arrays under 5 MW AC each. PowerTrack™ provides real-time fault detection, trend analysis, and compliance reporting capabilities, including NYSERDA reporting for incentives and SREC tracking.

Stem Inc. (NYSE: STEM) has announced a 1-for-20 reverse stock split effective June 23, 2025, aimed at regaining compliance with NYSE's minimum average closing price requirement. The split will reduce outstanding shares from approximately 167 million to 8.4 million, with authorized shares decreasing from 500 million to 250 million. The company's stockholders approved the split ratio at their Annual Meeting on June 4, 2025. The stock will continue trading under the symbol 'STEM' with a new CUSIP number (85859N300). Proportional adjustments will be made to equity incentive plans, outstanding equity awards, convertible notes, and capped call options. No fractional shares will be issued; instead, affected stockholders will receive cash payments.