
StepStone Group (STEP) Stock Forecast & Price Target
StepStone Group (STEP) Analyst Ratings
Bulls say
StepStone Group Inc is positioned for growth, with expectations of a 10% increase in EBITDA driven by higher Canadian well completion activity and enhanced utilization of U.S. frac spreads. The company's focus on strong activity utilization and staffing discipline is expected to improve pricing and overall financial performance, particularly in the pressure pumping sector. Additionally, the stability in Canadian horsepower demand further supports a positive outlook for operating performance.
Bears say
StepStone Group faces a negative outlook primarily due to anticipated 20% declines in EBITDA, attributed to decreased utilization and pricing pressures within the U.S. frac services sector. The company is also exposed to significant risks including challenging industry conditions, reliance on customer capital spending levels, and competitive pressures, all of which may hinder operational effectiveness given its relatively small footprint. Additionally, factors such as labor shortages, excess industry capacity, price volatility in commodities, and a concentrated shareholder base further complicate the company's financial stability and performance prospects.
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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