Stepstone Group (NASDAQ:STEP) Sees New Price Target and Moves Towards Privatization

Font: Financial Modeling Prep  • Oct 21, 2025

• Michael Cyprys from Morgan Stanley sets a new price target of $66 for NASDAQ:STEP, suggesting a potential 5.35% increase.
• STEP's current stock price is $63.15, with a year's fluctuation between $70.38 and $40.07, indicating significant volatility.

Stepstone Group (NASDAQ:STEP) is a global private markets investment firm that provides customized investment solutions and advisory services. The company operates in a competitive landscape, with peers like Blackstone and KKR. On October 21, 2025, Michael Cyprys from Morgan Stanley set a new price target of $66 for STEP, which was trading at $62.65 at the time. This target suggests a potential 5.35% increase in the stock's value.

Currently, STEP's stock is priced at $63.15, showing a 3.64% increase or $2.22 from its previous value. The stock has experienced fluctuations today, with a low of $60.77 and a high of $63.58. Over the past year, STEP has seen a high of $70.38 and a low of $40.07, indicating significant volatility in its stock price.

STEP's market capitalization is approximately $7.82 billion, reflecting the company's size and market presence. The trading volume for the stock is 231,874 shares, which provides insight into the stock's liquidity and investor interest. These metrics are crucial for investors considering the stock's potential for growth and stability.