
StepStone Group (STEP) Stock Forecast & Price Target
StepStone Group (STEP) Analyst Ratings
Bulls say
StepStone Group Inc. demonstrates a strong outlook due to anticipated 10% EBITDA growth, fueled by increased Canadian well completion activity and enhanced utilization of US frac spreads. The company's focus on higher activity utilization and staffing discipline is expected to contribute to improved pricing and financial performance within its operating segment. Additionally, stable Canadian horsepower demand further supports the company's positive financial trajectory in the private markets sector.
Bears say
StepStone Group Inc. faces significant challenges that contribute to a negative outlook, primarily due to a projected 20% decline in EBITDA, stemming from reduced utilization and pricing pressures within U.S. frac services. The company's operational execution is hampered by its relatively small market footprint, coupled with risks such as fluctuating commodity prices, labor shortages, and persistent excess industry capacity. Additionally, competitive pressures, potential tariffs, and a concentrated shareholder base affecting stock liquidity further compound the uncertainties surrounding StepStone Group's 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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