StepStone Group (STEP) Expected to Announce Earnings on Thursday

StepStone Group (NASDAQ:STEP) is projected to release its Q3 2026 results after the market closes on Thursday, February 5th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $363.9190 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q3 2026 earning overview page for the latest details on the call scheduled for Thursday, February 5, 2026 at 5:00 PM ET.

StepStone Group (NASDAQ:STEP) last released its earnings results on Thursday, November 6th. The company reported $0.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.05. The business had revenue of $282.34 million for the quarter, compared to analyst estimates of $272.15 million. StepStone Group had a positive return on equity of 21.53% and a negative net margin of 40.06%.StepStone Group’s revenue was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 earnings per share. On average, analysts expect StepStone Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

StepStone Group Stock Down 9.7%

STEP stock opened at $63.03 on Wednesday. The company has a market cap of $7.45 billion, a price-to-earnings ratio of -7.88 and a beta of 1.32. StepStone Group has a twelve month low of $40.07 and a twelve month high of $77.79. The business has a 50 day moving average price of $67.71 and a two-hundred day moving average price of $64.06.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on STEP. Evercore ISI boosted their target price on shares of StepStone Group from $68.00 to $76.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their price objective on shares of StepStone Group from $73.00 to $84.00 and gave the company an “overweight” rating in a research report on Tuesday, November 4th. Zacks Research raised shares of StepStone Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 8th. Barclays lifted their price target on StepStone Group from $69.00 to $71.00 and gave the stock an “equal weight” rating in a report on Friday, December 12th. Finally, Morgan Stanley set a $72.00 price objective on StepStone Group in a research note on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, StepStone Group presently has an average rating of “Moderate Buy” and an average target price of $80.71.

Insiders Place Their Bets

In other news, COO Jose A. Fernandez sold 70,402 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $62.30, for a total transaction of $4,386,044.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael I. Mccabe sold 74,214 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $66.14, for a total value of $4,908,513.96. Following the completion of the transaction, the insider directly owned 122,209 shares in the company, valued at $8,082,903.26. The trade was a 37.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 362,858 shares of company stock worth $23,422,844 over the last three months. Insiders own 16.47% of the company’s stock.

Institutional Investors Weigh In On StepStone Group

A number of institutional investors have recently modified their holdings of STEP. Susquehanna Fundamental Investments LLC acquired a new stake in StepStone Group during the third quarter worth approximately $221,000. Mackenzie Financial Corp lifted its position in shares of StepStone Group by 7.5% during the 3rd quarter. Mackenzie Financial Corp now owns 4,409 shares of the company’s stock valued at $288,000 after acquiring an additional 307 shares during the period. Crossmark Global Holdings Inc. acquired a new stake in shares of StepStone Group during the 3rd quarter worth $206,000. Oxford Asset Management LLP bought a new position in shares of StepStone Group in the second quarter worth $251,000. Finally, FJ Capital Management LLC acquired a new position in StepStone Group in the second quarter valued at about $258,000. Institutional investors own 55.54% of the company’s stock.

About StepStone Group

StepStone Group is a global private markets investment firm that provides specialized investment solutions across private equity, private credit and real assets. The firm offers customized portfolios, secondary interests, direct co-investments and tailored advisory services to institutional investors worldwide. StepStone’s integrated research and data analytics platform supports its investment teams in sourcing opportunities and monitoring portfolio companies.

Founded in 2007 as an independent private markets specialist, the company has grown its presence through both organic expansion and strategic partnerships.