StepStone Group is delivering 56% year-over-year earnings growth and ranks as an industry growth leader with analyst targets implying 54% upside, but the business currently fails the quality minimum threshold with a Piotroski F-Score of only 4/9 and is in a confirmed price downtrend below the 200-day moving average.
Thesis pillars
- Below Quality Floor Piotroski↑Improving
- Exceptional Revenue Earnings Growth→Stable
- Analyst Upside 54pct↑Improving
- +1 more pillar — see the Why tab for full reasoning
Pillars as of Jul 3, 2026, based on the 10-K filed May 27, 2026
StepStone Group Inc. (STEP) Stock Analysis
Recovery setup
Financial Services · Asset Management
Sell if holding. Engine safety override at $43.22: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10 and A.R:R 2.9:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Below long-term trend.
StepStone Group manages $233 billion in AUM and advises on $652 billion in AUA across private equity, infrastructure, private debt, and real estate globally, with offices in 31 cities across 19 countries. Management and advisory fees grew from $285 million in fiscal 2021 to $926... Read more
Sell if holding. Engine safety override at $43.22: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10 and A.R:R 2.9:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 48. Score 5.5/10, moderate confidence.
Passes 7/9 gates (positive momentum, favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear, materials cycle peak clear). Fails on earnings proximity 5d<=7d. Suitability: speculative.
Recent developments
updated 2026-10-31Recent Developments — StepStone Group Inc.
Latest news
- NEWS Kroll and StepStone Launch Payment-in-Kind Indicators for Private Credit Benchmarks — fiscal.ai Oct 29, 2026 positive
- NEWS BMO Capital Maintains Outperform on StepStone Group, Lowers Price Target to $48 — benzinga Oct 27, 2026 positive
- NEWS GID and StepStone Real Estate Announce $985 Million Industrial Portfolio Secondary Transaction — fiscal.ai Oct 26, 2026 neutral
- NEWS StepStone Real Estate And GID Form Joint Venture, Closing $985M Manager-Led Secondary Transaction For 87-Building, 8 Mil — benzinga Oct 26, 2026 positive
- NEWS StepStone Group Inc. Announces Date for Second Quarter Fiscal 2027 Earnings Release — fiscal.ai Oct 22, 2026 neutral
Generated 2026-10-31T13:02:21Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- LOWCustomertop 10 clients17%10-K Item 1: 'Our top 10 clients, which contribute to 65 separate mandates and commitments to commingled funds, comprise 17% of our total management and advisory fees.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy
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Rating Breakdown
2 floor-breakers·1 ceiling hit
Unprofitable operations — net margin -30.5%. Quality floor flags this regardless of sector context.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $43.22: Quality below floor (1.3 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 5.5/10 and A.R:R 2.9:1 is above the 1.5:1 BUY gate. Specifically: Below-average business quality; Below long-term trend. Chart setup: Death cross but MACD improving, RSI 48. Prior stop was $40.19. Score 5.5/10, moderate confidence.
Analyst target: $56.29 (+30.2% upside). Prior stop was $40.19. Stop-loss: $40.19.
Quality below floor (1.3 < 4.0).
StepStone Group Inc. trades at a P/E of N/A (forward 12.7). TrendMatrix value score: 8.9/10. Verdict: Sell.
15 analysts cover STEP with a consensus score of 4.1/5. Average price target: $65.
What does StepStone Group Inc. do?StepStone Group manages $233 billion in AUM and advises on $652 billion in AUA across private equity, infrastructure,...
StepStone Group manages $233 billion in AUM and advises on $652 billion in AUA across private equity, infrastructure, private debt, and real estate globally, with offices in 31 cities across 19 countries. Management and advisory fees grew from $285 million in fiscal 2021 to $926 million in fiscal 2026, earned from 402 bespoke SMAs and commingled funds serving pension funds, sovereign wealth funds, and family offices.