
StepStone Group (STEP) Stock Forecast & Price Target
StepStone Group (STEP) Analyst Ratings
Bulls say
StepStone Group Inc. is anticipated to experience a 10% increase in EBITDA, driven by heightened Canadian well completion activity and improved utilization of U.S. frac spreads. The company’s focus on higher activity utilization and effective staffing discipline is expected to enhance pricing and overall financial performance in the pressure pumping sector. Additionally, the stability in Canadian horsepower demand suggests a reliable operational environment, contributing positively to the company's outlook.
Bears say
StepStone Group Inc. faces a negative outlook primarily due to anticipated declines in EBITDA, projected to decrease by 20% as a result of weakening demand in US frac services, coupled with pricing pressures. Additionally, the company encounters several operational risks including limited footprint, fluctuating commodity prices, and labor shortages, compounded by competition and excess industry capacity. The concentrated shareholder base and concerns regarding stock liquidity further exacerbate the challenges faced, contributing to an overall unfavorable financial outlook for the firm.
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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