State Street Corporation (STT)
NYSE: STT · IEX Real-Time Price · USD
84.49
+0.16 (0.19%)
At close: Jul 19, 2024, 4:00 PM
84.96
+0.47 (0.56%)
Pre-market: Jul 22, 2024, 7:14 AM EDT
State Street Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for State Street stock have an average target of 87.92, with a low estimate of 73 and a high estimate of 103. The average target predicts an increase of 4.06% from the current stock price of 84.49.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for State Street stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Buy | 4 | 4 | 3 | 3 | 3 | 3 |
| Hold | 8 | 8 | 7 | 7 | 7 | 6 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $89 → $98 | Strong Buy | Maintains | $89 → $98 | +15.99% | Jul 17, 2024 |
| Barclays | Barclays | Buy Maintains $102 → $103 | Buy | Maintains | $102 → $103 | +21.91% | Jul 17, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $75 → $80 | Hold | Maintains | $75 → $80 | -5.31% | Jul 17, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $88 → $91 | Buy | Maintains | $88 → $91 | +7.71% | Jul 17, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $85 → $91 | Hold | Maintains | $85 → $91 | +7.71% | Jul 17, 2024 |
Financial Forecast
Revenue This Year
12.64B
from 11.95B
Increased by 5.84%
Revenue Next Year
12.91B
from 12.64B
Increased by 2.10%
EPS This Year
8.04
from 5.58
Increased by 44.07%
EPS Next Year
8.87
from 8.04
Increased by 10.37%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.2B | 13.6B | 14.3B | 13.9B | 14.2B |
| Avg | 12.6B | 12.9B | 13.4B | 13.4B | 13.7B |
| Low | 12.2B | 12.2B | 12.7B | 13.0B | 13.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.7% | 7.9% | 11.1% | 4.1% | 6.1% |
| Avg | 5.8% | 2.1% | 3.7% | 0.2% | 2.1% |
| Low | 1.9% | -3.7% | -1.6% | -2.8% | -0.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.70 | 9.98 | 11.22 | 9.85 | 10.71 |
| Avg | 8.04 | 8.87 | 10.29 | 9.47 | 10.30 |
| Low | 7.63 | 7.92 | 9.21 | 9.19 | 10.00 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 56.0% | 24.1% | 26.5% | -4.3% | 13.0% |
| Avg | 44.1% | 10.4% | 16.0% | -8.0% | 8.7% |
| Low | 36.8% | -1.5% | 3.8% | -10.7% | 5.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.