StepStone Group Inc (STEP) stock forecast: Can it reach its 52-week high of $69.88

StepStone Group Inc [STEP] stock prices are up 2.11% to $56.04 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The STEP shares have gain 4.59% over the last week, with a monthly amount drifted -4.82%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

StepStone Group Inc [NASDAQ: STEP] stock has seen the most recent analyst activity on April 11, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $49 from $40. Previously, Oppenheimer started tracking the stock with Outperform rating on March 20, 2024, and set its price target to $48. On September 07, 2022, BofA Securities initiated with a Buy rating and assigned a price target of $42 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $33 on August 31, 2022. Morgan Stanley downgraded its rating to a Equal-Weight and reduced its price target to $30 on July 19, 2022. Evercore ISI started tracking with a Outperform rating for this stock on December 22, 2021, and assigned it a price target of $48. In a note dated January 26, 2021, UBS downgraded an Neutral rating on this stock and boosted its target price from $32 to $38.

The stock price of StepStone Group Inc [STEP] has been fluctuating between $39.79 and $69.88 over the past year. Currently, Wall Street analysts expect the stock to reach $64.5 within the next 12 months. StepStone Group Inc [NASDAQ: STEP] shares were valued at $56.04 at the most recent close of the market. An investor can expect a potential return of 15.1% based on the average STEP price forecast.

Analyzing the STEP fundamentals

The StepStone Group Inc [NASDAQ:STEP] reported sales of 1.18B for trailing twelve months, representing a surge of 5.64%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at -0.25%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.66 and Total Capital is -0.06.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.11 points at the first support level, and at 54.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.58, and for the 2nd resistance point, it is at 57.11.

Ratios To Look Out For

It’s worth pointing out that StepStone Group Inc [NASDAQ:STEP]’s Current Ratio is 0.19. In addition, the Quick Ratio stands at 0.19. Considering the valuation of this stock, the price to sales ratio is 5.53, the price to book ratio is 23.98.

Transactions by insiders

Recent insider trading involved McCabe Michael I, Head of Strategy, that happened on Jun 12 ’25 when 67718.0 shares were sold. Officer, MICHAEL MCCABE completed a deal on Jun 12 ’25 to buy 67718.0 shares. Meanwhile, Head of Strategy McCabe Michael I sold 0.2 million shares on May 28 ’25.

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