From Yahoo Finance: 2025-05-28 13:13:00

Barclays analyst Benjamin Budish raised StepStone Group Inc.’s price target to $62 from $48, citing robust private wealth growth. In FQ4, the company saw a 66.82% year-over-year revenue increase to $295.86 million, driven by the private wealth platform which doubled assets to over $8 billion.
StepStone expanded distribution partners and offerings, introducing CredX and evergreen funds. The private wealth platform generated over $1.2 billion in evergreen subscriptions in FQ4, contributing to an increase in fee-earning assets under management to over $121 billion, up $7.2 billion sequentially.
StepStone Group Inc. (NASDAQ:STEP) specializes in private equity and venture capital investments. While STEP has growth potential, some AI stocks may offer higher returns with limited downside risk. For a promising AI stock with 100x upside potential, check out our report on the cheapest AI stock.

Read more: Barclays Raises StepStone Group PT to $62 on Robust Private Wealth Growth