StepStone Group Completes Significant Equity Acquisition

StepStone Group ( (STEP) ) has issued an announcement.

On May 30, 2025, StepStone Group Inc. and StepStone Group LP completed a significant transaction to acquire additional equity interests in their Asset Class Entities, including StepStone Group Real Estate LP, StepStone Group Real Assets LP, and StepStone Group Private Debt AG. This exchange increased their ownership to approximately 60% in SRE and SRA, and 61% in SPD, involving a consideration of $11 million in cash, shares of Class A Common Stock, and Class D Units. The transaction is expected to enhance StepStone’s market positioning by consolidating its control over these entities, potentially impacting its operational strategy and stakeholder interests.

The most recent analyst rating on (STEP) stock is a Buy with a $56.00 price target. To see the full list of analyst forecasts on StepStone Group stock, see the STEP Stock Forecast page.

Spark’s Take on STEP Stock

According to Spark, TipRanks’ AI Analyst, STEP is a Neutral.

StepStone’s overall score reflects strong operational efficiency and growth in assets under management, but profitability challenges and valuation concerns weigh heavily. The technical indicators show positive momentum, adding a positive outlook. Earnings call results highlight significant growth achievements, although tempered by a GAAP net loss.

To see Spark’s full report on STEP stock, click here.

More about StepStone Group

StepStone Group Inc. operates in the financial services industry, focusing on private markets investment strategies. The company provides investment solutions across private equity, real estate, private debt, and infrastructure, catering to a diverse range of institutional clients.

Average Trading Volume: 713,145

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.88B

For an in-depth examination of STEP stock, go to TipRanks’ Stock Analysis page.