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I'm using Premiere Pro just find but I wanted to stabalise a video, it processes but when it came to stabalising after a while I was told stabalising failed with out of memory error message.
My PC
All Drivers Up To Date
Windows 10 Pro 64-Bit 20H2
Ryzen 5 3600
16GB DDR4 3200Mhz
EVGA GTX 1080 FTW
Samsung 980 Pro main 1TB
Samsung 970 Evo Plus for Video Encode Location 2TB
2x WD Black Hard Drive 10TB Project Storage Location
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what are your source properties and sequence settings? Have you applied any other effects to the clip?
and you might check that your system meets minimum specs
https://helpx.adobe.com/premiere-pro/system-requirements.html
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Is your clip suited to be stabilized. Too much motion will cause failure.