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HOUSTON - Stem, Inc. (NYSE:STEM), a clean energy software company with $156 million in trailing twelve-month revenue, announced Tuesday the unification of its corporate identity and product offerings under a single brand umbrella, according to a shareholder letter from CEO Arun Narayanan. According to InvestingPro analysis, the company currently shows signs of being slightly undervalued based on its Fair Value assessment.
The clean energy software company has consolidated its technology portfolio under the PowerTrack Suite, which includes the recently launched PowerTrack Energy Management System (EMS) and PowerTrack Optimizer, previously known as the Athena platform. While the company pursues this strategic consolidation, InvestingPro data reveals significant challenges, including rapid cash burn and substantial debt obligations that may impact its operational flexibility.
PowerTrack EMS, launched on September 2, is designed to manage battery operations while coordinating grid services for energy storage projects. The company claims the system reduces engineering hours by 32% through pre-configuration and AI-enabled tuning, while maintaining 99.99% controller reliability.
The company has also rebranded its Athena platform as PowerTrack Optimizer, and is developing an AI-powered workflow solution called PowerTrack Sage that will integrate large language model technology.
"This unification brings together the innovative spirit of AlsoEnergy and the cutting-edge technology of Stem to create something greater than the sum of our parts," Narayanan stated in the shareholder letter.
Stem is showcasing its unified platform at RE+ 2025, North America’s clean energy event running through September 11 in Las Vegas. The company has also updated its investor presentation, which is available on its investor relations website.
The announcement comes one year after Stem initiated a strategic realignment focused on software-driven solutions for the clean energy sector. The company has updated its mission statement to "reimagining technology to drive the energy transition" and adopted a new tagline: "Energy Intelligence." Despite recent volatility, the stock has shown remarkable resilience with a 65% return over the past year. Discover more insights about Stem’s financial health and growth prospects in the comprehensive Pro Research Report, available exclusively on InvestingPro, along with 14 additional key ProTips for informed investment decisions.
In other recent news, Stem Inc. reported a 13% year-over-year increase in revenue for the second quarter of 2025, bringing its total revenue to $38.4 million. This financial performance has been a focal point for investors, highlighting the company’s growth trajectory. Additionally, Stem has rebranded its enterprise platform Athena to PowerTrack Optimizer, a move aimed at unifying its software offerings under the PowerTrack brand to streamline operations for customers. In response to these developments, UBS has doubled its price target for Stem to $16.00, citing the company’s shift toward a higher-margin services business. Roth/MKM also raised its price target for Stem to $13.00, following the company’s strong second-quarter performance and notable growth in high-margin software revenue. Both firms maintained a Neutral rating on the stock. These recent developments underscore Stem’s strategic initiatives and its focus on optimizing its product offerings.
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