
StepStone Group (STEP) Stock Forecast & Price Target
StepStone Group (STEP) Analyst Ratings
Bulls say
StepStone Group Inc. is positioned for a positive financial outlook primarily due to anticipated EBITDA growth driven by increased Canadian well completion activity and enhanced utilization of US frac spreads. The company's focus on higher activity utilization and disciplined staffing is projected to bolster pricing and financial performance, particularly within the pressure pumping sector. Additionally, the expectation of stable horsepower demand in Canada further supports the company's revenue stability and growth potential in the private markets.
Bears say
The financial outlook for StepStone Group Inc is negatively impacted by a projected 20% decline in EBITDA, attributed to softening utilization and pricing pressures in the US fracking services sector. Key challenges include industry conditions affecting customer capital spending, operational execution concerns stemming from the company's relatively small footprint, and potential disruptions from labor shortages, excess capacity, and competitive pressures. Additional risks involve fluctuations in commodity prices and the company's concentrated shareholder base, which may reduce stock liquidity and exacerbate financial vulnerabilities.
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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