State Street Corporation (STT)
NYSEFinancialsAsset ManagementSnapshot 2026-10-29
$169.77-2.29%
Close 2026-10-30 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-10-29
Research Workspace
Put STT beside peers and holdings, graph the same metric, and keep your notes with the evidence.
Daily closes. Earnings/event dots are placed inline.
Industries move in repeating boom-and-bust cycles. This shows where this stock’s industry sits in that cycle, stage by stage (recovery → expansion → supercycle → steady → deceleration → contraction), from its fundamentals (orders, revenue, capital spending), not the stock’s price.
A booming industry is a tailwind for the names in it; a contracting one is a headwind. Companies in the same industry tend to rise and fall together with the cycle, the way a tide lifts and lowers every boat in the harbor at once, so a large part of a stock’s swing can come from where its industry sits rather than from the company itself. It’s context for reading the company’s results, not a buy/sell call. Full explanation →
Asset Management & Custody Banks is in steady. Describes the industry's cycle state, not a call on this stock.
The stage band shows the industry’s cycle over the chart’s timeline (each color a stage); a ▼ marks a quarter its growth inflected down — amber is an unconfirmed watch, red is confirmed the next quarter. Use “Overlay cycle on chart” to tint the price chart by stage. The industry’s fundamentals, not a signal on this stock.
The reason to own it still holds.
View ThesisRevenue growth is accelerating — up about 13% over the past year.
View GrowthRanks in the weakest quality tier of its industry — roughly the bottom 30%, softest on free-cash-flow margins.
View QualityManagement screens strong on capital allocation, earnings delivery, market reaction to earnings.
View ManagementExpectations look reasonable — what the market is pricing in sits in line with or below what analysts forecast.
View ValuationRelatively steady — typically moves about 1% a day.
View RiskSTT’s case rests on growing Investment Management assets and fee revenue, despite slowing revenue growth. Third-quarter revenue grew 13% year over year, slower than 17% in Q2; earnings beat estimates. Investment Management assets reached $6.3 trillion, up 16%, while ETF flows reached a record $68 billion. STT trades at 13× P/E versus 14× for peers and 15× historically; expectations look modest versus our view. The risk is fragile cash backing for reported profits, alongside $62 billion in cash outflows. Our model puts the next-quarter miss probability near 22%. Peer multiples imply a price roughly in line with where it trades (about fair); our read remains intact. This read is provisional.
Trailing returns as of 2026-10-30. STT is total return (includes dividends); the S&P 500 benchmark is price return (the index excludes dividends).
Based on 18 analysts currently covering STT (as of Oct 2026).
Based on 6 Wall Street analysts offering 12-month price targets for STT in the last 4 months.
Continue this research
Compare STT with peers and holdings, graph the same reported metric, keep your questions beside the evidence, and return when the facts change.
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| Compare | Company | Living FV | P/E | Revenue % | Quality |
|---|---|---|---|---|---|
| STT Selected company | Graph | Compare | Trend | Review | |
| Peer Add a competitor | Graph | Compare | Trend | Review | |
| Holding Compare a holding | Graph | Compare | Trend | Review |
Selected metric trend
Quarterly · checked companies · value or % of revenue
A consensus fair price across 10 valuation methods, at three horizons. As of 2026-10-30. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
A price-focused, side-by-side fair-value read versus Asset Management & Custody Banks — fair value, gap to price, and forward P/E.
Compare the value case
Put STT next to peers and holdings, compare Living FV and multiples, then graph the driver behind the difference.
Advances: Drive growth in total revenue and fee revenue
Quarterly earnings call provides management evidence on revenue, margins, capital returns, and strategic execution.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
End-of-day figures as of 2026-10-30. EPS is implied from price ÷ P/E. Not investment advice.
Current $169.77
The last 12 months of price, then the range of analyst 12-month targets from today’s $169.77.
Analyst ratings and price targets are third-party Wall Street estimates, not QuarterlyIQ’s view. Not investment advice.
A long-thesis check that carries the widest uncertainty of the three horizons.
Around the middle on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
Increased price target due to buybacks supports capital return.
Advances: Drive growth in total revenue and fee revenue
Reported 2026 fee and NII growth outlook materially supports revenue objectives and shareholder returns.
Advances: Drive growth in total revenue and fee revenue
Earnings call offers management's direct update on execution against financial and strategic objectives.
Advances: Expand Investment Management AUM
Record AUM and inflows support growth in investment management.
Advances: Drive growth in total revenue and fee revenue
Quarterly slides cite record metrics, supporting operating execution despite muted share reaction.
Positive sentiment boosts State Street's market position.
Record inflows indicate strong demand for State Street ETFs.
