StepStone Group Inc.

StepStone Group Inc. Stock Forecast & Price Prediction

Live StepStone Group Inc. Stock (STEP) Price
$53.18

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$53.18

P/E Ratio

68.19

Volume Traded Today

$641,622

Dividend

$0.36

52 Week High/low

56.18/25.06

StepStone Group Inc. Market Cap

$6.20B

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STEP Summary

From what 0 stock analysts predict, the share price for StepStone Group Inc. (STEP) might decrease by 4.78% in the next year. This is based on a 12-month average estimation for STEP. Price targets go from $41 to $56. The majority of stock analysts believe STEP is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

STEP Analyst Ratings

STEP is a stock in Finance which has been forecasted to be worth $50.64 as an average. On the higher end, the forecast price is $56 USD by from Morgan Stanley and on the lower end STEP is forecasted to be $41 by from .

STEP stock forecast by analyst

These are the latest 20 analyst ratings of STEP.

Analyst/Firm

Rating

Price Target

Change

Date

Adam Beatty
UBS

Neutral

$55

Maintains

Aug 21, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$52

Maintains

Aug 19, 2024
Benjamin Budish
Barclays

Equal-Weight

$51

Maintains

Aug 12, 2024
Kenneth Worthington
JP Morgan

Overweight

$56

Maintains

Aug 12, 2024
Alexander Blostein
Goldman Sachs

Neutral

$51.5

Maintains

Aug 12, 2024
John Dunn
Evercore ISI Group

Outperform

$48

Maintains

Jul 15, 2024
Benjamin Budish
Barclays

Equal-Weight

$46

Maintains

Jul 10, 2024
Alexander Blostein
Goldman Sachs

Neutral

$46

Maintains

Jul 2, 2024
Adam Beatty
UBS

Neutral

$44

Maintains

Jun 24, 2024
Benjamin Budish
Barclays

Equal-Weight

$42

Maintains

May 24, 2024
Adam Beatty
UBS

Neutral

$38

Maintains

Apr 12, 2024
Kenneth Worthington
JP Morgan

Overweight

$49

Upgrade

Apr 11, 2024
Benjamin Budish
Barclays

Equal-Weight

$38

Maintains

Apr 8, 2024
Chris Kotowski
Oppenheimer

Outperform

$48

Initiates

Mar 20, 2024
Jeremy Campbell
Barclays

Equal-Weight

$37

Maintains

Feb 12, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$35

Maintains

Jan 24, 2024
Michael Cyprys
Morgan Stanley

Equal-Weight

$28

Maintains

Nov 22, 2023
Michael Cyprys
Morgan Stanley

Equal-Weight

$29

Maintains

Oct 18, 2023
Jeremy Campbell
Barclays

Equal-Weight

$32

Maintains

Sep 11, 2023
Michael Cyprys
Morgan Stanley

Equal-Weight

$27

Maintains

Aug 8, 2023

STEP Company Information

  • Company Overview: StepStone Group Inc. is a private equity and venture capital firm.
  • Investment Specializations: Focuses on direct investments, fund of funds, secondary direct, and secondary indirect investments.
  • Direct Investment Focus: Invests in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, turnaround, growth capital, and buyout investments.
  • Preferred Sectors: Targets investments in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, hospitality, media, retail, energy, telecommunications, clean energy, infrastructure, and more.
  • Global Reach: Invests globally with a focus on the United States, North America, Europe, Asia, Latin America, and other regions.
  • Emerging Markets: Allocates between 5% and 40% of investments in emerging markets.
  • Fund of Funds Investments: Invests in various types of funds including private equity, venture capital, real estate, and infrastructure funds.
  • Co-investments and Follow-ons: Engages in co-investments, follow-on investments, and considers partial interests in funds.
  • Founded: Established in 2007 and headquartered in New York, New York.
  • Global Offices: Operates additional offices across North America, South America, Europe, Australia, and Asia.
STEP
StepStone Group Inc. (STEP)

When did it IPO

2020

Staff Count

1,010

Country

United States

Sector/Industry

Financial Services/Asset Management

CEO

Mr. Scott Hart

Market Cap

$6.20B

StepStone Group Inc. (STEP) Financial Data

In 2023, STEP generated $-67,574,000 in revenue, which was a decrease of -104.95% from the previous year. This can be seen as a signal that STEP's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$787.7M

0.00 %
From Previous Year

Revenue From 2022

$1.37B

73.35 %
From Previous Year

Revenue From 2023

$-67,574,000

-104.95 %
From Previous Year
  • Revenue TTM $720.0M
  • Operating Margin TTM 26.8%
  • Gross profit TTM $381.4M
  • Return on assets TTM 3.1%
  • Return on equity TTM 9.2%
  • Profit Margin 7.0%
  • Book Value Per Share 5.40%
  • Market capitalisation $6.20B
  • Revenue for 2021 $787.7M
  • Revenue for 2022 $1.37B
  • Revenue for 2023 $-67,574,000
  • EPS this year (TTM) $0.77

StepStone Group Inc. (STEP) Latest News

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - StepStone Group Inc. plans to offer 4,099,997 shares of its Class A common stock in an underwritten offering, according to a press release dated September 9, 2024.

Why It Matters - StepStone's stock offering may dilute existing shares, impacting share value and investor sentiment. It signals capital-raising efforts, which could affect future growth and profitability.

News Image

Mon, 09 Sep 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - StepStone Group Inc. has priced an underwritten offering of 4,099,997 shares of Class A common stock at $50.00 per share, closing anticipated on September 11, 2024, pending conditions.

Why It Matters - The pricing of StepStone's stock offering at $50 per share signals investor interest and capital raising efforts, potentially affecting share value and market perception.

News Image

Tue, 27 Aug 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - StepStone Group Inc. (Nasdaq: STEP) executives will present at the Barclays Global Financial Services Conference on September 10, 2024, at 2:00 pm ET, with a webcast available on their website.

Why It Matters - The presentation at a major financial conference may provide insights into StepStone's strategy and performance, influencing investor sentiment and stock price.

News Image

Wed, 21 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - FLIC, STEP, and BANF are ranked as Zacks Rank #1 (Strong Buy) income stocks as of August 21, 2024, indicating strong positive outlooks for these companies.

Why It Matters - FLIC, STEP, and BANF receiving a Zacks Rank #1 indicates strong potential for growth and profitability, signaling attractive investment opportunities for income-focused investors.

News Image

Wed, 21 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CLNE and STEP have been ranked as Zacks Rank #1 (Strong Buy) momentum stocks as of August 21, 2024, indicating strong investor interest and positive momentum.

Why It Matters - CLNE and STEP being ranked as Strong Buy momentum stocks suggests positive price momentum and strong growth potential, indicating attractive investment opportunities.

News Image

Sat, 10 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - StepStone Group LP (NASDAQ:STEP) will hold its Q1 2025 earnings conference call on August 8, 2024, at 5:00 PM ET, featuring key company executives and analysts from major firms.

Why It Matters - Investors gain insights into StepStone Group's financial performance and strategic direction during the earnings call, influencing investment decisions and market sentiment.

...

STEP Frequently asked questions

The highest forecasted price for STEP is $56 from at Morgan Stanley.

The lowest forecasted price for STEP is $41 from from

The STEP analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.