StepStone Group (NASDAQ:STEP) Given New $65.00 Price Target at Barclays

StepStone Group (NASDAQ:STEP) had its price objective boosted by Barclays from $62.00 to $65.00 in a report released on Friday, Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price target would suggest a potential upside of 35.08% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Evercore restated an “outperform” rating and issued a $56.00 price objective on shares of StepStone Group in a research note on Friday, August 7th. BMO Capital Markets dropped their target price on StepStone Group from $58.00 to $48.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 27th. Morgan Stanley set a $61.00 target price on StepStone Group in a research report on Friday, October 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of StepStone Group in a report on Friday, October 16th. Finally, UBS Group raised their price target on shares of StepStone Group from $63.00 to $69.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $66.44.

StepStone Group Stock Performance

STEP stock traded up $5.31 during midday trading on Friday, reaching $48.12. The stock had a trading volume of 442,014 shares, compared to its average volume of 1,201,688. The stock has a market cap of $5.74 billion, a PE ratio of -6.22 and a beta of 1.28. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.19 and a current ratio of 0.19. The firm has a fifty day simple moving average of $45.68 and a two-hundred day simple moving average of $49.03. StepStone Group has a 52-week low of $38.85 and a 52-week high of $77.79.

StepStone Group (NASDAQ:STEP) last posted its quarterly earnings results on Thursday, November 5th. The company reported $0.66 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.11. The business had revenue of $362.71 million for the quarter, compared to the consensus estimate of $324.84 million. StepStone Group had a positive return on equity of 43.38% and a negative net margin of 30.53%. As a group, equities research analysts anticipate that StepStone Group will post 2.51 EPS for the current year.

Institutional Investors Weigh In On StepStone Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new position in shares of StepStone Group during the 2nd quarter valued at about $21,752,000. Junto Capital Management LP lifted its holdings in shares of StepStone Group by 26.1% in the 2nd quarter. Junto Capital Management LP now owns 1,078,672 shares of the company’s stock valued at $44,614,000 after buying an additional 222,950 shares during the period. Lazard Asset Management LLC lifted its holdings in shares of StepStone Group by 95.6% in the 1st quarter. Lazard Asset Management LLC now owns 332,328 shares of the company’s stock valued at $15,859,000 after buying an additional 162,467 shares during the period. Bank of America Corp DE lifted its holdings in shares of StepStone Group by 53.6% in the 1st quarter. Bank of America Corp DE now owns 414,722 shares of the company’s stock valued at $19,791,000 after buying an additional 144,752 shares during the period. Finally, Advent International L.P. purchased a new stake in shares of StepStone Group in the first quarter worth about $5,733,000. 55.54% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting StepStone Group

Here are the key news stories impacting StepStone Group this week:

• Positive Sentiment: For fiscal Q2 2027, StepStone reported earnings of $0.66 per share, up from $0.54 a year earlier and ahead of consensus estimates of roughly $0.55–$0.57. Revenue of $362.7 million also exceeded the $324.8 million estimate. The earnings and revenue beats are the clearest positive catalysts in the news. Article: StepStone Group Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: The board declared a $0.33-per-share quarterly dividend, equivalent to $1.32 annually and a stated yield of about 2.8%. Shareholders of record November 30 are scheduled to be paid December 15. Article: StepStone Group dividend announcement

StepStone Group Company Profile

StepStone Group, Inc is a global investment firm focused on private markets. The company provides investment solutions and advisory services to institutional investors, family offices, and other clients seeking exposure to privately held and alternative assets.

Its activities include investments in private equity, venture capital, private debt, infrastructure, and real estate. StepStone builds customized portfolios through primary investments in funds, secondary-market transactions, and direct investments in companies and assets.