STEP trades 47.8% below Wall Street's consensus target of $66.80.
Last 12 months price action with 12-month analyst target path
The base valuation assumes STEP achieves its forward estimates and maintains a stable P/E multiple of 21.6x. This scenario reflects the blended consensus of 8 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
As of June 21, 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 $45.20, this represents a potential upside of +47.8%. The company has a market capitalization of $5.65B.
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 -6.7x and forward P/E of 21.6x. Analysts expect EPS to grow +131.4% over the next year.
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
HLIHoulihan Lokey, Inc. | $9.8B | $140.77 | $188.00 | +33.6% | Buy | 18.3x | 15 |
HLNEHamilton Lane Incorporated | $4.6B | $82.22 | $144.00 | +75.1% | Buy | 13.6x | 10 |
GCMGGCM Grosvenor Inc. | $2.3B | $12.05 | $18.00 | +49.4% | Buy | 14.0x | 8 |
ARESAres Management Corporation | $42.5B | $129.34 | $171.13 | +32.3% | Buy | 21.5x | 22 |
BXBlackstone Inc. | $97.0B | $123.78 | $156.29 | +26.3% | Buy | 21.0x | 29 |
KKRKKR & Co. Inc. | $86.5B | $97.01 | $141.14 | +45.5% | Buy | 16.1x | 27 |
APOApollo Global Management, Inc. | $79.3B | $137.50 | $153.50 | +11.6% | Buy | 15.4x | 28 |
CGThe Carlyle Group Inc. | $16.2B | $44.80 | $61.00 | +36.2% | Buy | 11.1x | 25 |
TPGTPG Inc. | $16.1B | $42.05 | $59.88 | +42.4% | Buy | 14.9x | 17 |
BAMBrookfield Asset Management Ltd. | $77.7B | $47.44 | $58.44 | +23.2% | Buy | 26.4x | 20 |
Quick answers to the most common questions about buying STEP stock.
The consensus Wall Street price target for STEP is $66.8, representing 47.8% upside from the current price of $45.2. With 8 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
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 47.8% upside from current levels.
STEP trades at a forward P/E of 21.603x, representing a moderate valuation. With analysts targeting $66.8 (47.8% implied move), the stock appears reasonably valued with upside.
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.
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.
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".
STEP trades at a forward P/E ratio of 21.6x 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.
Wall Street analysts are very optimistic on STEP, with a "Buy" consensus rating and $66.8 price target (47.8% 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.
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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