
StepStone Group (STEP) Stock Forecast & Price Target
StepStone Group (STEP) Analyst Ratings
Bulls say
StepStone Group Inc is positioned favorably due to an anticipated 10% increase in EBITDA, driven by heightened Canadian well completion activity and improved utilization of U.S. frac spreads. The company's emphasis on higher activity utilization and staffing discipline is expected to enhance pricing and financial performance in its operational segments. Additionally, the stability in Canadian horsepower demand further supports a positive outlook for the company's continued growth in private market investment solutions.
Bears say
StepStone Group Inc. faces a challenging outlook due to a projected 20% decline in EBITDA, attributed to softening utilization and pricing pressure in the US frac services market. Additionally, persistent risks such as volatile industry conditions, labor shortages, and intense competition could hinder operational performance and profitability. The company's relatively small footprint and concentrated shareholder base further exacerbate liquidity concerns, contributing to a negative sentiment regarding its financial stability.
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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