StepStone Group Inc. (STEP) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 8 analysts64.3% Below Target
STEP trades 64.3% below Wall Street's consensus target of $66.80.
Current Price$40.66
Average Target$66.80
Target
Current
Low$55.00
Median$62.00
High$85.00
Analyst Target Range
Forward P/E19.4x
(Fair)
PEG Ratio—
Implied Growth+131.4%
(High Growth)
Analyst Spread44.9%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes STEP achieves its forward estimates and maintains a stable P/E multiple of 19.4x. This scenario reflects the blended consensus of 8 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
STEP Price Target Analysis
Updated July 7, 2026As of July 7, 2026, StepStone Group Inc. (STEP) has a Wall Street consensus price target of $66.80, based on estimates from 8 covering analysts. With the stock currently trading at $40.66, this represents a potential upside of +64.3%. The company has a market capitalization of $5.08B.
Analyst price targets range from a low of $55.00 to a high of $85.00, representing a 45% spread in expectations. The median target of $62.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Buy, with 6 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, STEP trades at a trailing P/E of -6.1x and forward P/E of 19.4x. Analysts expect EPS to grow +131.4% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+37.7%
Industry Consensus
Avg Forward P/E
17.1x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 HLIHoulihan Lokey, Inc. | $9.8B | $142.45 | $188.00 | +32.0% | Buy | 18.5x | 15 |
 HLNEHamilton Lane Incorporated | $4.6B | $82.46 | $140.00 | +69.8% | Buy | 13.7x | 10 |
 GCMGGCM Grosvenor Inc. | $2.5B | $13.61 | $18.00 | +32.3% | Buy | 15.8x | 8 |
 ARESAres Management Corporation | $40.0B | $121.83 | $171.13 | +40.5% | Buy | 20.3x | 22 |
 BXBlackstone Inc. | $96.7B | $123.41 | $156.29 | +26.6% | Buy | 21.0x | 29 |
 KKRKKR & Co. Inc. | $86.2B | $95.97 | $141.14 | +47.1% | Buy | 15.8x | 27 |
 APOApollo Global Management, Inc. | $70.4B | $122.17 | $153.50 | +25.6% | Buy | 13.7x | 28 |
 CGThe Carlyle Group Inc. | $15.9B | $44.04 | $61.00 | +38.5% | Buy | 11.0x | 25 |
 TPGTPG Inc. | $16.3B | $42.59 | $59.88 | +40.6% | Buy | 15.0x | 17 |
 BAMBrookfield Asset Management Ltd. | $77.0B | $47.00 | $58.44 | +24.3% | Buy | 26.5x | 20 |
STEP — Frequently Asked Questions
Quick answers to the most common questions about buying STEP stock.
What is the STEP stock price target for 2026?
The consensus Wall Street price target for STEP is $66.8, representing 64.3% upside from the current price of $40.655. With 8 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is STEP a buy, sell, or hold?
STEP has a consensus rating of "Buy" based on 8 Wall Street analysts. The rating breakdown is predominantly bullish, with 6 Buy/Strong Buy ratings. The consensus 12-month price target of $66.8 implies 64.3% upside from current levels.
Is STEP stock overvalued or undervalued?
With a forward P/E of 19.4308x, STEP trades at a relatively low valuation. The consensus target of $66.8 implies 64.3% appreciation, suggesting meaningful undervaluation.
How high can STEP stock go?
The most bullish Wall Street analyst has a price target of $85 for STEP, while the most conservative target is $55. The consensus of $66.8 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover STEP stock?
STEP is moderately covered, with 8 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 6 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the STEP stock forecast?
The 12-month STEP stock forecast based on 8 Wall Street analysts shows a consensus price target of $66.8, with estimates ranging from $55 (bear case) to $85 (bull case). The median consensus rating is "Buy".
What is STEP's forward P/E ratio?
STEP trades at a forward P/E ratio of 19.4x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy STEP stock?
Wall Street analysts are very optimistic on STEP, with a "Buy" consensus rating and $66.8 price target (64.3% upside). 6 of 8 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do STEP price targets vary so much?
STEP analyst price targets range from $55 to $85, a 45% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $66.8 consensus represents the middle ground.
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