STEP

StepStone Group Inc

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Advanced Chart

61.880

+0.77(1.260%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

61.900

Open

61.550

VWAP

61.56

Vol

302.17K

Mkt Cap

7.20B

Low

60.790

Amount

18.60M

EV/EBITDA(TTM)

Total Shares

65.61M

8.78B

EV/OCF(TTM)

83.79

P/S(TTM)

4.45

StepStone Group Inc. is a global private markets investment firm focused on providing customized investment solutions and advisory and data services to its clients. The Company partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes. These portfolios utilize several types of synergistic investment strategies with third-party fund managers, including commitments to funds (primaries), acquiring stakes in existing funds on the secondary market (secondaries) and investing directly into companies (co-investments). It provides its clients with tailored reporting packages, including customized performance benchmarks as well as compliance, administration and tax capabilities. The Company, through its subsidiaries, acts as the investment advisor and general partner or managing member to separately managed accounts and focused commingled funds.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q3

FY2026Q2

FY2026Q1

301.86M

+23.76%

0.503

+14.23%

256.40M

+22.8%

0.442

-1.69%

238.45M

+27.92%

0.425

-11.39%

Estimates Revision

The market is revising Upward the revenue expectations for StepStone Group Inc. (STEP) for FY2026, with the revenue forecasts being adjusted by 4.49% over the past three months. During the same period, the stock price has changed by 23.19%.

Revenue Estimates for FY2026

Revise Upward

+4.49%

In Past 3 Month

EPS Estimates for FY2026

Revise Upward

+0.13%

In Past 3 Month

Stock Price

Go Up

+23.19%

In Past 3 Month

5 Analyst Rating

2.78% Upside

Wall Street analysts forecast STEP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STEP is 63.60 USD with a low forecast of 51.00 USD and a high forecast of 74.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

2 Buy

3 Hold

0 Sell

Moderate Buy

2.78% Upside

Current: 61.880

Low

51.00

Averages

63.60

High

74.00

2.78% Upside

Current: 61.880

Low

51.00

Averages

63.60

High

74.00

Barclays

Benjamin Budish

Equal Weight

maintain

$48 -> $62

2025-05-27

Reason

Barclays

Benjamin Budish

Price Target

$48 -> $62

2025-05-27

maintain

Equal Weight

Reason

Barclays analyst Benjamin Budish raised the firm's price target on Stepstone Group to $62 from $48 and keeps an Equal Weight rating on the shares. The firm updated the company's model post the Q4 report.

JPMorgan

Overweight

maintain

$66 -> $68

2025-05-23

Reason

JPMorgan

Price Target

$66 -> $68

2025-05-23

maintain

Overweight

Reason

JPMorgan raised the firm's price target on Stepstone Group to $68 from $66 and keeps an Overweight rating on the shares following quarterly results. The firm says the company continues to fire on all cylinders, with a particularly strong fiscal 2025 putting it ahead of schedule to top its fiscal 2028 target to at least double FRE as compared with fiscal 2023. JPMorgan continues to like the stock, and sees results for Stepstone Group as among the healthiest across the broader Alt. AM peer set for all three legs of the Fundraising -greater than Deployment -greater than Realization flywheel.

Morgan Stanley

Michael Cyprys

Hold

Maintains

$66 → $51

2025-04-14

Reason

Morgan Stanley

Michael Cyprys

Price Target

$66 → $51

2025-04-14

Maintains

Hold

Reason

Barclays

Benjamin Budish

Hold

Maintains

$69 → $48

2025-04-07

Reason

Barclays

Benjamin Budish

Price Target

$69 → $48

2025-04-07

Maintains

Hold

Reason

Evercore ISI Group

John Dunn

Buy

Maintains

$63 → $69

2025-02-10

Reason

Evercore ISI Group

John Dunn

Price Target

$63 → $69

2025-02-10

Maintains

Buy

Reason

Oppenheimer

Chris Kotowski

Buy

Maintains

$81 → $85

2025-02-07

Reason

Oppenheimer

Chris Kotowski

Price Target

$81 → $85

2025-02-07

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for StepStone Group Inc (STEP.O) is 32.86, compared to its 5-year average forward P/E of 26.76. For a more detailed relative valuation and DCF analysis to assess StepStone Group Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

26.76

Current PE

32.86

Overvalued PE

34.19

Undervalued PE

19.33

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Overvalued

5Y Average EV/EBITDA

11.09

Current EV/EBITDA

14.66

Overvalued EV/EBITDA

13.52

Undervalued EV/EBITDA

8.66

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Overvalued

5Y Average PS

3.19

Current PS

4.60

Overvalued PS

3.99

Undervalued PS

2.40