
StepStone Group (STEP) Stock Forecast & Price Target
StepStone Group (STEP) Analyst Ratings
Bulls say
StepStone Group's positive outlook is underpinned by anticipated EBITDA growth of 10%, driven by increased Canadian well completion activity and enhanced utilization of U.S. frac spreads. This growth is bolstered by improved staffing discipline and higher activity utilization, which are expected to lead to better pricing and overall financial performance within the company's operating framework. Additionally, the stability in Canadian horsepower demand suggests a steady support for revenue generation in the company’s investment solutions across various private market sectors.
Bears say
The financial outlook for StepStone Group Inc is negatively impacted by an anticipated 20% decline in EBITDA, primarily due to perceived softening in U.S. frac services utilization and pricing pressures. Additionally, the company faces multiple risks including variable industry conditions, high competition, and operational execution challenges stemming from its relatively small footprint in the market. Other significant concerns include ongoing labor shortages, excess industry capacity, and a concentrated shareholder base, which may affect stock liquidity and overall financial performance.
This aggregate rating is based on analysts' research of StepStone Group and is not a guaranteed prediction by Public.com or investment advice.
StepStone Group (STEP) Analyst Forecast & Price Prediction
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