May. 7 at 2:45 AM
$STEM Genuine question for the bulls on this board:
We're in the strongest earnings season since Q4 2021 — 84% of S&P 500 beating EPS so far, 81% beating revenue, both above every historical average. Tech sector +46% YoY earnings growth. SPX at 7,365 ATH. Hyperscalers committing
$805B to AI infrastructure in 2026 alone.
In the same breath, STEM put up:
Revenue -11% YoY selling solar monitoring software. Bookings -23% YoY. Zero battery hardware bookings against a
$40M FY guide. A battery supplier went bankrupt and killed their managed services renewals. They cut R&D 42% YoY. Operating cash flow -
$8.3M. Net loss -
$18.9M.
Market cap:
$92M. World's 9,483rd most valuable company (before Q1 earnings).
If STEM can't grow in THIS tape — with AI capex flooding every adjacent sector — when exactly is the catalyst supposed to come?
"2027+" per the deck. With
$36M in cash and
$12M/qtr burn, the math says they don't make it without more dilution or restructuring.
Tell me again why this name matters?
