Cash Balance ConcernsThere is concern about the company's cash balance, as the year-end finished at $52 million, leaving no room for error.
Competition ChallengesStem, Inc. faces competition from OEMs and needs to prove the viability of its service and software offerings against more vertically integrated competitors.
Financial GuidanceThe FY 2025 guidance for Stem, Inc. is considered underwhelming with limited growth potential in software and service revenue.