StepStone GroupSTEP
STEP
About: StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
Employees: 1,050
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
2,506% more call options, than puts
Call options by funds: $443K | Put options by funds: $17K
100% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 20
75% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 53
35% more capital invested
Capital invested by funds: $2.81B [Q2] → $3.79B (+$981M) [Q3]
11% more funds holding
Funds holding: 187 [Q2] → 207 (+20) [Q3]
0.8% less ownership
Funds ownership: 93.15% [Q2] → 92.35% (-0.8%) [Q3]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$55
5%
downside
Avg. target
$67
15%
upside
High target
$84
45%
upside
7 analyst ratings
3 positive
43%
4 neutral
57%
0 negative
0%
Oppenheimer Chris Kotowski 88% 1-year accuracy 69 / 78 met price target | 45%upside $84 | Outperform Maintained | 12 Dec 2024 |
Barclays Benjamin Budish 69% 1-year accuracy 72 / 104 met price target | 14%upside $66 | Equal-Weight Maintained | 9 Dec 2024 |
Goldman Sachs Alexander Blostein 73% 1-year accuracy 32 / 44 met price target | 21%upside $71 | Neutral Maintained | 19 Nov 2024 |
Morgan Stanley Michael Cyprys 65% 1-year accuracy 22 / 34 met price target | 12%upside $65 | Equal-Weight Maintained | 14 Nov 2024 |
UBS Adam Beatty 30% 1-year accuracy 3 / 10 met price target | 12%upside $65 | Neutral Maintained | 22 Oct 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
StepStone Group Recognized Among Best Places to Work in Money Management by Pensions & Investments for Second Consecutive Year
NEW YORK, Dec. 09, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm focused on providing customized investment solutions and advisory and data services, today announced it has been named one of the Best Places to Work in Money Management by Pensions & Investments for the second consecutive year.
Neutral
Zacks Investment Research
1 month ago
Is the Options Market Predicting a Spike in StepStone (STEP) Stock?
Investors need to pay close attention to StepStone (STEP) stock based on the movements in the options market lately.
Neutral
PRNewsWire
1 month ago
Federato announces $80 million raised to bring RiskOps to insurance
New capital will drive continued global expansion to bring more insurers into the AI era SAN FRANCISCO , Nov. 20, 2024 /PRNewswire/ -- Federato , the AI-native underwriting platform for insurance, announced today that it has raised a total of $80 million, including its latest Series C funding round. The $40 million round was led by global private markets investor StepStone Group (NASDAQ: STEP), with participation from existing investors, including Emergence Capital , Caffeinated Capital and Pear VC , who together represent over $200 billion in combined assets under management.
Neutral
Seeking Alpha
1 month ago
StepStone Group Inc. (STEP) Q2 2025 Earnings Call Transcript
StepStone Group Inc. (NASDAQ:STEP ) Q2 2025 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Seth Weiss - Vice President-Investor Relations Scott Hart - Chief Executive Officer Mike McCabe - Head-Strategy David Park - Chief Financial Officer Jason Ment - President & Co-Chief Operating Officer Conference Call Participants Alex Blostein - Goldman Sachs Ben Budish - Barclays Ken Worthington - JPMorgan Michael Cyprys - Morgan Stanley Operator Good day and thank you for standing by. Welcome to the StepStone Second Quarter of Fiscal Year 2025 Conference Call and Webcast.
Positive
Zacks Investment Research
1 month ago
StepStone Group Inc. (STEP) Surpasses Q2 Earnings Estimates
StepStone Group Inc. (STEP) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.26 per share a year ago.
Positive
Zacks Investment Research
1 month ago
StepStone Group Inc. (STEP) Recently Broke Out Above the 20-Day Moving Average
StepStone Group Inc. (STEP) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, STEP crossed above the 20-day moving average, suggesting a short-term bullish trend.
Positive
Zacks Investment Research
1 month ago
StepStone Group Inc. (STEP) Earnings Expected to Grow: Should You Buy?
StepStone Group (STEP) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
Business Wire
1 month ago
Edison Partners Leads $115M Growth Investment in Fingercheck
NASHVILLE, Tenn. & PRINCETON, N.J.--(BUSINESS WIRE)--Growth equity investment firm Edison Partners today announced leading a $115 million growth investment in New York-based Fingercheck, which provides a state-of-the-art, all-in-one workforce management platform for small and medium businesses (SMBs) with ‘deskless' workforces. StepStone Group [NASDAQ: STEP] and Columbus Capital also participated in the investment. Fingercheck was advised by KPMG Corporate Finance. The company is also announcin.
Neutral
GlobeNewsWire
1 month ago
StepStone Group to Announce Second Quarter Fiscal 2025 Results on November 7, 2024
NEW YORK, Oct. 23, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ended September 30, 2024, after the market closes on Thursday, November 7, 2024. This represents results for the second quarter of the fiscal year ending March 31, 2025.
Positive
Zacks Investment Research
1 month ago
Will StepStone Group (STEP) Beat Estimates Again in Its Next Earnings Report?
StepStone Group (STEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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