WallStreetZen

NYSE: STT
State Street Corp Stock Forecast, Predictions & Price Target

Analyst price target for STT

Based on 8 analysts offering 12 month price targets for State Street Corp.
Min Forecast
$75.00-19.12%
Avg Forecast
$96.50+4.07%
Max Forecast
$122.00+31.56%

Should I buy or sell STT stock?

Based on 9 analysts offering ratings for State Street Corp.
Buy
Strong Buy
3 analysts 33.33%
Buy
3 analysts 33.33%
Hold
3 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

STT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Wolfe Research
Top 28%
73
BuyUpgradesN/AN/A2021-10-07
Deutsche Bank
Top 11%
90
Strong BuyMaintains$111.00+19.70%2021-09-24
Morgan Stanley
Top 11%
90
Strong BuyMaintains$122.00+31.56%2021-09-08
Credit Suisse
Top 8%
93
HoldMaintains$92.00-0.79%2021-07-19
UBS
Top 20%
81
Strong BuyUpgrades$95.00+2.45%2021-07-09
Keefe, Bruyette & Woods
Top 20%
81
BuyMaintains$103.00+11.08%2021-06-17
Anonymous
Morgan Stanley
Strong BuyMaintains$95.00+2.45%2021-04-19
Wells Fargo
Top 4%
97
HoldMaintains$90.00-2.94%2021-04-01
Goldman Sachs
Top 19%
82
HoldDowngrades$75.00-19.12%2021-01-05
Keefe, Bruyette & Woods
Top 28%
73
BuyUpgrades$84.00-9.41%2020-11-19

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Forecast return on equity

Is STT forecast to generate an efficient return?
Company
13.98%
Industry
22.15%
Market
54.87%
STT's Return on Equity is forecast to be low in 3 years (13.98%); analysts are not confident in the firm's ability to efficiently generate return on equity
Forecast

Forecast return on assets

Is STT forecast to generate an efficient return on assets?
Company
1.08%
Industry
6.53%
STT is forecast to generate lower Return on Assets (1.08%) than the US Asset Management industry average (6.53%)
Forecast

STT earnings per share forecast

What is STT's earnings per share in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$7.42+16.3%
Avg 2 year Forecast
$8.43+32.13%
Avg 3 year Forecast
$10.24+60.5%
STT's earnings are forecast to grow at a rate of 15.94% per year, which is not exceptional
Forecast

STT revenue forecast

What is STT's revenue in the next 3 years based on estimates from 5 analysts?
Avg 1 year Forecast
$11.9B+1.87%
Avg 2 year Forecast
$13.2B+13.1%
Avg 3 year Forecast
$14.4B+23.52%
STT's revenue is forecast to grow at a rate of 6.22% per year, which is not exceptional
Forecast

STT earnings growth forecast

How is STT forecast to perform vs Asset Management companies and vs the US market?
Company
15.94%
Industry
2.55%
Market
23.12%
STT's earnings are forecast to grow faster (15.94% per year) than the US Asset Management industry average (2.55%)
Forecast
STT's earnings are forecast to grow slower (15.94% per year) than the US market average (23.12%)
Forecast
STT's earnings are forecast to grow faster (15.94% per year) than the risk-free savings rate (1.6%)
Forecast

STT revenue growth forecast

How is STT forecast to perform vs Asset Management companies and vs the US market?
Company
6.22%
Industry
-1.69%
Market
14.19%
STT's revenues are forecast to grow faster (6.22% per year) than the US Asset Management industry average (-1.69%)
Forecast
STT's revenues are forecast to grow slower (6.22% per year) than the US market average (14.19%)
Forecast

State Street Corp Stock Forecast FAQ

Is State Street Corp Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 9 Wall Street analysts covering (NYSE: STT) stock is to Buy STT stock.

Out of 9 analysts, 3 (33.33%) are recommending STT as a Strong Buy, 3 (33.33%) are recommending STT as a Buy, 3 (33.33%) are recommending STT as a Hold, 0 (0%) are recommending STT as a Sell, and 0 (0%) are recommending STT as a Strong Sell.

What is STT's earnings growth forecast for 2021-2023?

(NYSE: STT) State Street Corp's forecast annual earnings growth rate of 15.94% is forecast to beat the US Asset Management industry's average forecast earnings growth rate of 2.55%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 23.12%.

State Street Corp's earnings in 2021 is $2,232,000,000.On average, 6 Wall Street analysts forecast STT's earnings for 2021 to be $2,548,793,106, with the lowest STT earnings forecast at $2,507,572,732, and the highest STT earnings forecast at $2,576,273,355. On average, 6 Wall Street analysts forecast STT's earnings for 2022 to be $2,895,731,251, with the lowest STT earnings forecast at $2,809,855,473, and the highest STT earnings forecast at $3,046,872,621.

In 2023, STT is forecast to generate $3,517,471,887 in earnings, with the lowest earnings forecast at $3,517,471,887 and the highest earnings forecast at $3,517,471,887.

What is STT's revenue growth forecast for 2021-2023?

(NYSE: STT) State Street Corp's forecast annual revenue growth rate of 6.22% is forecast to beat the US Asset Management industry's average forecast revenue growth rate of -1.69%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 14.19%.

State Street Corp's revenue in 2021 is $11,685,000,000.On average, 5 Wall Street analysts forecast STT's revenue for 2021 to be $4,088,841,227,063, with the lowest STT revenue forecast at $4,068,107,379,102, and the highest STT revenue forecast at $4,106,456,066,749. On average, 3 Wall Street analysts forecast STT's revenue for 2022 to be $4,539,539,983,837, with the lowest STT revenue forecast at $4,221,996,774,174, and the highest STT revenue forecast at $4,723,263,998,372.

In 2023, STT is forecast to generate $4,957,964,218,528 in revenue, with the lowest revenue forecast at $4,945,070,829,144 and the highest revenue forecast at $4,970,857,607,912.

What is STT's forecast return on assets (ROA) for 2021-2023?

(NYSE: STT) forecast ROA is 1.08%, which is lower than the forecast US Asset Management industry average of 6.53%.

What is STT's Price Target?

According to 8 Wall Street analysts that have issued a 1 year STT price target, the average STT price target is $96.50, with the highest STT stock price forecast at $122.00 and the lowest STT stock price forecast at $75.00.

On average, Wall Street analysts predict that State Street Corp's share price could stay at $96.50 by Oct 7, 2022. The average State Street Corp stock price prediction forecasts a potential downside of N/A from the current STT share price of $92.73.

What is STT's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: STT) State Street Corp's current Earnings Per Share (EPS) is $6.38. On average, analysts forecast that STT's EPS will be $7.42 for 2021, with the lowest EPS forecast at $7.30, and the highest EPS forecast at $7.50. On average, analysts forecast that STT's EPS will be $8.43 for 2022, with the lowest EPS forecast at $8.18, and the highest EPS forecast at $8.87. In 2023, STT's EPS is forecast to hit $10.24 (min: $10.24, max: $10.24).

What is STT's forecast return on equity (ROE) for 2021-2023?

(NYSE: STT) forecast ROE is 13.98%, which is considered weak.
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