Stem Inc Class A
STEM: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$3.24 | Mgkyg | Mtrkc |
Stem Seeks to Emerge as Energy Storage Leader
Business Strategy and Outlook
Stem was an early entrant to the energy storage space; it was founded in 2009 and commenced commercial operations in 2013. For much of its history, Stem was focused on providing energy storage systems to commercial and industrial customers, primarily in markets such as California where incentives helped spur demand.