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STEP Stock Chart & Stats
$49.77
$2.02(4.98%)
At close: 4:00 PM EDT
$49.77
$2.02(4.98%)
Day’s Range― - ―
52-Week Range$38.85 - $77.80
Previous Close$42.46
Volume1.23M
Average Volume (3M)1.07M
Market Cap
$5.30B
Enterprise Value$6.04B
Total Cash (Recent Filing)$201.17M
Total Debt (Recent Filing)$1.57B
Price to Earnings (P/E)―
Beta1.66
Next Earnings
Nov 05, 2026EPS Estimate
0.57Next Dividend Ex-DateN/A
Dividend Yield3.92%
Share Statistics
EPS (TTM)-7.72
Shares Outstanding82,288,910
10 Day Avg. Volume1,089,555
30 Day Avg. Volume1,071,223
Financial Highlights & Ratios
PEG Ratio-0.04
Price to Book (P/B)-9.27
Price to Sales (P/S)1.92
P/FCF Ratio60.00
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue3.01
Enterprise Value/Gross Profit4.93
Enterprise Value/Ebitda-5.99
Forecast
1Y Price Target
$65.44Price Target Upside31.49% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
EPS Forecast (FY)2.47
Revenue Forecast (FY)$1.53B
Bulls Say, Bears Say
Bulls Say
Fee-Related Earnings GrowthStrong fee-related earnings growth demonstrates continued expansion in StepStone’s recurring operating platform. A 39% margin provides meaningful earnings capacity to support reinvestment, absorb moderate cost increases, and compound as fee-earning assets grow.
Fundraising And AUM ExpansionLarge inflows and expanding fee-earning assets strengthen the firm’s future revenue base because management fees are generally recurring and contract-based. The broad asset growth also indicates sustained client demand across StepStone’s private-markets strategies.
Mature Accrued Carry BacklogThe sizable and mature accrued-carry balance provides a meaningful pool of potential performance-based economics beyond recurring management fees. Its age suggests many programs are progressing through their investment lives, supporting future realization potential over multiple periods.
Bears Say
Severe Profitability DeteriorationThe substantial loss and deeply negative operating margins show that revenue growth is not yet translating into reliable GAAP profitability. Persistent earnings weakness can constrain internal investment, increase dependence on capital actions, and make results more volatile.
Negative Equity And Leverage RiskNegative equity materially reduces balance-sheet flexibility and makes the company more sensitive to further losses or adverse accounting changes. Combined with significant debt, this leaves less capacity to absorb stress and may constrain funding choices during strategic investments.
Cash Burn And Fee PressureNegative operating and free cash flow weaken the resources available to fund growth, dividends, buybacks, or strategic commitments internally. At the same time, fee-rate pressure and higher compensation and G&A costs could limit conversion of strong asset growth into durable cash earnings.
StepStone Group News
STEP FAQ
What was StepStone Group’s price range in the past 12 months?
StepStone Group lowest stock price was $38.85 and its highest was $77.80 in the past 12 months.
What is StepStone Group’s market cap?
StepStone Group’s market cap is $5.30B.
When is StepStone Group’s upcoming earnings report date?
StepStone Group’s upcoming earnings report date is Nov 05, 2026 which is in 25 days.
How were StepStone Group’s earnings last quarter?
StepStone Group released its earnings results on Aug 06, 2026. The company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.504 by -$0.024.
Is StepStone Group overvalued?
According to Wall Street analysts StepStone Group’s price is currently Undervalued.
Does StepStone Group pay dividends?
StepStone Group pays a Quarterly dividend of $0.33 which represents an annual dividend yield of 3.92%. See more information on StepStone Group dividends here
What is StepStone Group’s EPS estimate?
StepStone Group’s EPS estimate is 0.57.
How many shares outstanding does StepStone Group have?
StepStone Group has 82,288,910 shares outstanding.
What happened to StepStone Group’s price movement after its last earnings report?
StepStone Group reported an EPS of $0.48 in its last earnings report, missing expectations of $0.504. Following the earnings report the stock price went down -7.788%.
Which hedge fund is a major shareholder of StepStone Group?
Currently, no hedge funds are holding shares in STEP
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
StepStone Group Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$65.44 (31.49% Upside)
$65.44 (31.49% Upside)
Blogger Sentiment
Bullish
STEP Sentiment 75%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 826.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-27.71%
12-Months-Change
Fundamentals
Return on Equity
156.73%
Trailing 12-Months
Asset Growth
62.42%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
StepStone Group
StepStone Group Inc. is a private equity and venture capital firm specializing in primary, direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in private debt, venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, power, utilities consumer staples, financials, telecommunication services, clean energy/renewables, transport, social, natural capital, infrastructure, corporate, real estate, credit and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. The firm seeks to make minority and majority investments. StepStone Group Inc. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, South Korea, Europe, Australia and Asia.
STEP Company Deck
STEP Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted robust growth in core operating metrics — fee revenue (+27% YoY), fee-related earnings (+30% YoY), record fundraising, strong Private Wealth momentum, meaningful accrued carry, and capital returns (dividend increase and buybacks). Offsetting items include a GAAP net loss driven by accounting for the Private Wealth buy-in, near-term fee-rate pressure from changed secondaries fee structures, expense increases, the timing variability of performance fees, and complexity/capital requirements associated with the upcoming Private Wealth buy-in. On balance, the positives — durable FRE growth, strong fundraising and product performance, and a mature accrued carry backlog — materially outweigh the near-term accounting and execution complexities.View all STEP earnings summariesSTEP Stock 12 Month Forecast
Average Price Target
$65.44
▲(31.49% Upside)
Technical Analysis
Ownership Overview
20.50% Insiders
31.04% Mutual Funds
<0.01% Other Institutional Investors
21.27% Public Companies and
Individual Investors