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STEP

StepStone Group Inc.

STEP

NASDAQ·Financial Services·Asset Management·Mkt cap $6.5B

$50.75

+0.50%

P/E

-6.26

Mkt Cap

$6.5B

52-Wk Range

$38.85–$77.80

52-Week Range

$38.85 - $77.80

P/E

-6.26

Fwd P/E

20.47

Beta

1.26

Div Yield

3.41%

Avg Vol

1.3M

Shares Out

125.0M

Mkt Cap

$6.5B

Price action

Price chart

Down 15.9% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

5 reasons

  • Global platform with established presence across major markets and emerging regions
  • Diversified investment strategies spanning multiple asset classes and investment stages
  • Institutional-grade deal sourcing and portfolio company management capabilities
  • Scale and capital deployment capacity ($15M-$200M per investment)
  • Experienced team with deep sector expertise across technology, healthcare, and infrastructure

Bear Case

2 risks

  • Average volatility.
  • Growth premium of 1.9x vs Asset Management peers. Elevated but may be justified by growth trajectory.

Growth

Turning profitable

Secular shift of institutional capital allocation toward alternative assets and private markets

Value

Growth premium of 1.9x vs Asset Management peers. Elevated but may be justified by growth trajectory.

Momentum

Strong

+15.8% over 3m

Quality

Excellent

Emerging growth company (4% revenue growth). Early stage with higher risk.

Dividend

Solid

3.41% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $0.48 vs $0.50 consensus (-4.8% surprise). Revenue of $300.6M vs $309.3M expected (-2.8%).

EPS miss
Revenue miss

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-4.8%

Revenue trend · last 8Q

+6%

+96%

+68%

+75%

+4%

Q1 24

Q2 24

Q3 24

Q4 25

Q1 25

Q2 25

Q3 25

Q1 27

$183.4M

$268.2M

$336.0M

$377.7M

$364.3M

$454.2M

$586.5M

$378.9M

Margins · last 8Q

Gross

0.0%

Operating

0.0%

Profit

-30.6%

Wall Street consensus

5 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

100%

Hold

0%

Sell

0%

Median Price Target

Latest: UBS · Aug 7, 2026

vs Industry

How STEP stacks vs Asset Management

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.