There can be obtained a handlebar stem ensuring that a speed indicator
provides a readily observable indication and in addition thereto capable
of achieving a reduction in size and weight. A handlebar stem attaching a
bicycle's handlebar includes a rod attaching the handlebar stem to the
bicycle; a speed indicator receiving a signal from a speed sensor to
display speed; and an indicator housing located at a front protrusion
extending in a forward direction to traverse the rod to house the speed
indicator, the indicator housing, as seen along the rod, overlapping or
being adjacent to the rod.