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Model output · Signal date 2026-11-06

Stepstone Group Inc. (STEP) Stock Forecast Nov. 6, 2026

Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D Unlock rating and forecasts
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage of 5150 stocks scored
Rank correlation · 90D 37.0% Spearman, 357 dates
Market Cap $5.73B mid-cap · #17 of 43 peers
Summary

Stepstone Group Inc. (STEP) stock forecast summary

Our AI scores Stepstone Group Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

Stepstone Group Inc. is a mid-cap company with a market capitalization of $5.73B. It ranks number 17 by market capitalization among the 43 Investment Advice issuers in our coverage with a current forecast.

For STEP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 37.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 17.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)

A free account shows the exact forecast, rating and rank of 3 tickers you follow, STEP included.

Price

STEP price chart and AI forecast

STEP
Cross-section · 2026-11-06

How STEP ranks among 5150 stocks

90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).

Fundamentals · 2026-06-30

Stepstone Group Inc. (STEP) fundamentals

Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Investment Advice peers listed below that report each metric.

Valuation & Market

MetricSTEPIndustry medianRank
Market Cap $5.73B $4.21B 17/43
Dividend Yield 5.84% 2.39% 4/29
EPS $-7.70 – –
Revenue/Share $16.64 – –
FCF/Share $-3.64 – –

Profitability & Margins

MetricSTEPIndustry medianRank
ROA -7.9% 4.5% 29/31
Net Margin -30.5% 11.6% 28/32
EBT Margin -53.3% 25.4% 33/35
Tax Rate 15.8% – –

Cash Flow

MetricSTEPIndustry medianRank
Operating Cash Flow -$437M $290M 39/40
Free Cash Flow -$439M $386M 24/25
Capital Spending -$2M -$12M 6/25
OCF Growth YoY -816.4% 15.3% 27/27
FCF Growth YoY -892.8% 19.6% 22/22
FCF/Sales -21.9% 27.8% 23/24
CapEx/Sales 0.1% 0.8% 24/24

Operational Efficiency

MetricSTEPIndustry medianRank
Asset Turnover 0.26x 0.32x 18/28
Receivables Turnover 18.3x 9.0x 3/18
Days Sales Outstanding 20 days 40 days 16/18

Income Statement

MetricSTEPIndustry medianRank
Total Revenue $2.01B $1.82B 15/33
Net Income -$613M $185M 34/35

Dividend & Shareholder Information

MetricSTEPIndustry medianRank
Dividends Per Share $2.77 – –
Shares Outstanding 121M – –

Balance Sheet Highlights (USD millions)

Cash & Short-term Investments$703M
Accounts Receivable$110M
Total Liabilities$6.53B
Quarterly Financial Reports

STEP quarterly financials and insider trading

Industry Peers · Investment Advice

Stepstone Group Inc. (STEP) industry peers

Companies classified under the same SEC industry code as Stepstone Group Inc. (Investment Advice): 44 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.

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Company 90-Day AI Forecast (Alpha) Market Cap P/E Ratio P/B Ratio
STEP Stepstone Group Inc. $5.73B – –
BX Blackstone Inc. $146.11B 26.8x 16.5x
KKR Kkr & Co. Inc. $88.03B 27.9x 2.8x
APO Apollo Global Management, Inc. $68.95B – 4.3x
ARES Ares Management Corp $45.53B 105.2x 12.9x
AMP Ameriprise Financial Inc $43.54B 11.3x 7.0x
PS Pershing Square Inc. $20.58B – 14.6x
TPG Tpg Inc. $17.88B 70.5x 13.2x
BEN Franklin Templeton Inc $17.14B 31.5x 1.5x
OWL Blue Owl Capital Inc. $15.39B 81.8x 8.0x
CG Carlyle Group Inc. $14.15B 30.8x 2.8x
IVZ Invesco Ltd. $11.96B – 1.0x
EVR Evercore Inc. $11.16B 15.9x 5.7x
HLI Houlihan Lokey, Inc. $10.13B 24.5x 4.4x
AMG Affiliated Managers Group, Inc. $9.39B 12.7x 2.9x
MORN Morningstar, Inc. $9.17B 21.7x 8.9x
VCTR Victory Capital Holdings, Inc. $6.91B 17.5x 2.9x
HLNE Hamilton Lane Inc $4.93B 17.5x 4.9x
FHI Federated Hermes, Inc. $4.73B 11.6x 3.7x
MC Moelis & Co $4.57B 20.0x 9.0x
MAAS Maase Inc. $4.51B – –
LAZ Lazard, Inc. $4.21B 30.4x 4.4x
CNS Cohen & Steers, Inc. $3.76B 22.9x 6.2x
PJT Pjt Partners Inc. $3.73B 19.5x 10.2x
AAMI Acadian Asset Management Inc. $3.23B 25.6x –
APAM Artisan Partners Asset Management Inc. $3.17B 9.0x 7.2x
AB Alliancebernstein Holding L.P. $3.13B 10.1x –
LCLN Lincoln International, Inc. $2.65B – 17.8x
GCMG Gcm Grosvenor Inc. $2.57B 25.8x –
PAX Patria Investments Ltd $1.51B – –
RPC Ridgepost Capital, Inc. $1.07B 40.4x 15.5x
ABX Abacus Global Management, Inc. $859M 35.1x 2.0x
VRTS Virtus Investment Partners, Inc. $843M 7.3x 0.9x
NOAH Noah Holdings Ltd $482M – 13.0x
HKHC Horizon Kinetics Holding Corp $367M 7.9x 0.9x
ALTI Alti Global, Inc. $365M – 0.6x
WHG Westwood Holdings Group Inc $165M 25.7x 1.3x
RILY Brc Group Holdings, Inc. $152M – –
SAMG Silvercrest Asset Management Group Inc. $131M 18.7x 2.9x
HNNA Hennessy Advisors Inc $83M 8.4x 0.8x
MLCI Mount Logan Capital Inc. $40M – 0.7x
IWSH Wright Investors Service Holdings, Inc. $2M – 2.6x
ILLR Triller Group Inc. $1M – –
ENDI Endi Corp. N/A – –

Where STEP sits on the market map

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News

Stepstone Group Inc. (STEP) stock news

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FAQ

Stepstone Group Inc. (STEP) stock forecast FAQ

What is the Stepstone Group Inc. (STEP) stock forecast?

Our AI scores Stepstone Group Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.

How accurate are Stepstone Group Inc. stock predictions?

For STEP, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 37.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 17.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report

How often are Stepstone Group Inc. forecasts updated?

Stepstone Group Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.

Which companies are Stepstone Group Inc.'s industry peers?

44 issuers in our coverage, STEP included, share the SEC industry code Investment Advice. The largest are: Blackstone Inc. (BX), Kkr & Co. Inc. (KKR), Apollo Global Management, Inc. (APO), Ares Management Corp (ARES), Ameriprise Financial Inc (AMP), Pershing Square Inc. (PS).

This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.