TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Steelcase ( (SCS) ).
On July 9, 2025, Steelcase Inc. shareholders approved the Incentive Compensation Plan (ICP), which allows the company to grant various stock and cash-based awards to employees and directors. The plan aims to align employee incentives with company performance and includes a significant number of shares for potential issuance. Additionally, during the annual meeting, shareholders voted on several proposals, including the election of board members and the ratification of Deloitte & Touche LLP as the independent auditor for fiscal year 2026.
The most recent analyst rating on (SCS) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Steelcase stock, see the SCS Stock Forecast page.
Spark’s Take on SCS Stock
According to Spark, TipRanks’ AI Analyst, SCS is a Outperform.
Steelcase’s overall stock score is driven by solid financial performance and attractive valuation. The earnings call highlighted strong fiscal results and strategic initiatives, although technical indicators are mixed. Challenges in certain sectors and regions temper the otherwise positive outlook.
To see Spark’s full report on SCS stock, click here.
More about Steelcase
Steelcase Inc. operates in the office furniture industry, providing a range of products and services focused on workplace solutions. The company is known for its innovative designs and commitment to enhancing work environments.
Average Trading Volume: 813,225
Technical Sentiment Signal: Hold
Current Market Cap: $1.23B
For a thorough assessment of SCS stock, go to TipRanks’ Stock Analysis page.