SPGI · News · 20260920N

S&P BMI Index Changes

S&P Global Inc. · 2026-09-20 · Importance 17 · Surprise 24

S&P Capital IQ announced that Stem, Inc., an AI-driven software and services provider for clean energy assets, was removed from the S&P Global BMI Index on September 20, 2026. The index change affects Stem’s inclusion in S&P Global’s broad-market benchmark and associated index-linked exposure. The report also noted recent UBS price-target adjustments, earnings calls, and reaffirmed guidance for Stem, but provided no further details on the index-removal rationale.

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