STEP Earnings

STEP reported its earnings on 2026-02-05, showcasing a revenue of 586.51M against an estimate of 407.21M, resulting in a 44.03% surprise. The EPS was 0.65, surpassing the expected 0.6 by 8.33%. The stock experienced a 5.51% price change on the earnings day and a 0.22% change over the next five days, reflecting market reactions to the results.

Following STEP's earnings announcement on 2026-02-05, the stock price moved by 5.51% on the day of the release. Over the subsequent five days, it saw a 0.22% change. Historically, STEP's stock price tends to shift by an average of 3.27% in the 10 days leading up to earnings and -0.21% in the 10 days following, providing insight into potential market.

For 2026/Q4, analysts estimate STEP's annual revenue to reach 298.31M, while the EPS is projected at 0.52. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between STEP's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2026 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, STEP's stock price typically moves by 3.27% in the 10 days before its earnings and -0.21% in the 10 days after. For the upcoming 2026/Q4 earnings, analysts expect an EPS of 0.52 and revenue of 298.31M.

The earnings call highlights strong financial performance with record fundraising, growth in fee-related earnings, and exceptional investment returns. Despite tempered expectations for future fund sizes, the company's diversified strategy, particularly in AI and private markets, is well-received. The Q&A indicates no significant concerns about private credit and positive sentiment towards growth in key regions. The market cap suggests a moderate reaction, leading to a positive prediction of 2% to 8% stock price increase.