Stem, Inc. (NASDAQ: STEM) Stock Skyrockets on European Expansion and Analyst Upgrades
European Expansion Spurs Stock Rally Stem’s most recent catalyst was a BusinessWire announcement on Oct. 14 detailing a new 400 m² Berlin hub to support large-scale solar, storage and hybrid (solar-plus-storage) projects in Europe Stocktitan. Management calls this the company’s “European competence center,” doubling workspace for engineering and support teams. Arun Narayanan (CEO) said: “This expansion underscores Stem’s commitment to embed engineering and customer expertise directly in Europe… By expanding in Berlin, we’re strengthening local capabilities to deliver faster commissioning and the post-sales support… for successful solar and storage projects” Stocktitan. President of Software Products Matt Tappin added that Berlin’s central
