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Model output · Signal date 2026-10-16

Stepstone Group Inc. (STEP) Stock Forecast Oct. 16, 2026

Analysis updated on Oct. 16, 2026 (UTC) · Alpha · vs marketSwitch to Total · Nasdaq

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Rating · 90D ▲ Bullish Exact rating locked
90-day forecast Sign up free to reveal
30-day forecast Alpha
Rank in coverage Top 35% of 5172 stocks scored
Rank correlation · 90D 39.0% Spearman, 357 dates
Market Cap $5.02B mid-cap · #18 of 44 peers
Summary

Stepstone Group Inc. (STEP) stock forecast summary

Our AI ranks Stepstone Group Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.

Stepstone Group Inc. is a mid-cap company with a market capitalization of $5.02B. It ranks number 18 by market capitalization among the 44 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 39.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% 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 ≥ +1.8%, buy ≥ +0.2%, sell < -0.9%, strong sell < -1.2% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)

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

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Price

STEP price chart and AI forecast

STEP
Cross-section · 2026-10-16

How STEP ranks among 5172 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 $5.02B $3.83B 18/44
Dividend Yield 6.66% 2.82% 4/30
EPS $-7.70 – –
Revenue/Share $16.64 – –
FCF/Share $-3.64 – –

Profitability & Margins

MetricSTEPIndustry medianRank
ROA -7.9% 6.7% 31/33
Net Margin -30.5% 13.1% 30/34
EBT Margin -53.3% 25.0% 34/36
Tax Rate 15.8% – –

Cash Flow

MetricSTEPIndustry medianRank
Operating Cash Flow -$437M $261M 40/41
Free Cash Flow -$439M $367M 25/26
Capital Spending -$2M -$7M 7/26
OCF Growth YoY -816.4% 6.6% 29/29
FCF Growth YoY -892.8% 8.5% 23/23
FCF/Sales -21.9% 27.8% 24/25
CapEx/Sales 0.1% 0.7% 23/25

Operational Efficiency

MetricSTEPIndustry medianRank
Asset Turnover 0.26x 0.32x 18/29
Receivables Turnover 18.3x 8.6x 3/19
Days Sales Outstanding 20 days 43 days 17/19

Income Statement

MetricSTEPIndustry medianRank
Total Revenue $2.01B $1.83B 15/34
Net Income -$613M $228M 37/37

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): 45 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. ▲ $5.02B – –
BX Blackstone Inc. ▲ $129.99B 24.1x 14.4x
KKR Kkr & Co. Inc. ▲ $78.66B 25.0x 2.5x
APO Apollo Global Management, Inc. ▶ $65.42B 32.3x 3.1x
AMP Ameriprise Financial Inc ▲ $44.24B 12.1x 7.1x
ARES Ares Management Corp ▶ $37.95B 59.6x 10.7x
PS Pershing Square Inc. ▶ $17.79B – 12.6x
TPG Tpg Inc. ▶ $16.35B 47.8x 13.2x
BEN Franklin Templeton Inc ▼ $15.74B 29.0x 1.3x
OWL Blue Owl Capital Inc. ▶ $13.80B 88.5x 6.9x
CG Carlyle Group Inc. ▶ $12.96B 21.7x 2.5x
IVZ Invesco Ltd. ▶ $12.45B – 1.0x
AMG Affiliated Managers Group, Inc. ▼ $9.92B 13.5x 3.1x
EVR Evercore Inc. ▲ $9.77B 14.3x 5.3x
HLI Houlihan Lokey, Inc. ▼ $9.05B 21.8x 4.0x
MORN Morningstar, Inc. ▼ $7.78B 19.7x 7.6x
VCTR Victory Capital Holdings, Inc. ▼ $6.68B 16.9x 2.8x
MAAS Maase Inc. ▶ $5.31B – –
HLNE Hamilton Lane Inc ▲ $4.51B 16.4x 4.8x
MC Moelis & Co ▶ $4.27B 18.7x 8.4x
FHI Federated Hermes, Inc. ▶ $4.18B 10.4x 3.3x
LAZ Lazard, Inc. ▶ $4.07B 14.3x 4.6x
CNS Cohen & Steers, Inc. ▲ $3.58B 21.8x 6.1x
PJT Pjt Partners Inc. ▲ $3.51B 17.6x 11.2x
AAMI Acadian Asset Management Inc. ▶ $3.27B 34.3x –
AB Alliancebernstein Holding L.P. ▼ $3.24B 10.4x –
DBRG Digitalbridge Group, Inc. ▼ $3.00B 8.7x 1.3x
APAM Artisan Partners Asset Management Inc. ▲ $2.62B 7.7x 6.2x
GCMG Gcm Grosvenor Inc. ▲ $2.55B 25.6x –
LCLN Lincoln International, Inc. ▶ $2.46B – 18.3x
PAX Patria Investments Ltd ▶ $1.86B – –
RPC Ridgepost Capital, Inc. ▶ $907M 41.4x 13.1x
VRTS Virtus Investment Partners, Inc. ▲ $814M 7.0x 0.9x
ABX Abacus Global Management, Inc. ▲ $763M 31.2x 1.8x
NOAH Noah Holdings Ltd ▼ $503M – 13.6x
ALTI Alti Global, Inc. ▲ $402M – 0.7x
HKHC Horizon Kinetics Holding Corp ▶ $382M 8.2x 1.0x
RILY Brc Group Holdings, Inc. ▶ $185M 1.7x 1.3x
WHG Westwood Holdings Group Inc ▶ $166M 22.2x 1.3x
SAMG Silvercrest Asset Management Group Inc. ▶ $126M 28.7x 2.7x
HNNA Hennessy Advisors Inc ▲ $81M 8.1x 0.8x
MLCI Mount Logan Capital Inc. ▼ $37M – 0.6x
IWSH Wright Investors Service Holdings, Inc. ▼ $2M – 2.8x
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 ranks Stepstone Group Inc. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact 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 39.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 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 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% 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 Oct. 16, 2026.

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

45 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), Ameriprise Financial Inc (AMP), Ares Management Corp (ARES), 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.