DailyIQ
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Sector:Financial ServicesAll sectors
Last updated 5 minutes ago

STT·State Street Corporation

$.
+. (+.%)
After Hours
High
$182.09
Open
$181.12
Market Cap
49.88B
52W High
$183.32
Low
$177.63
P. Close
$180.22
P/E
16.27
52W Low
$101.98
Fwd P/E
12.43
DailyIQ Est.
$187.34
Technical Score (1D)
100
BUY
News Sentiment
64
BULLISH
KBW has upgraded State Street to Outperform and lifted its price target to $195, a move that signals renewed confidence in the bank’s earnings outlook. The upgrade follows a projected earnings beat driven by rising fee income from asset‑management services and a rebound in institutional trading volumes. Analysts point to disciplined cost control and expansion into ESG‑focused solutions as key factors that should support margin improvement over the next few weeks. The higher target reflects expectations that these revenue drivers will materialize in the upcoming earnings release, which is scheduled for the next trading day. Traders should watch the earnings announcement for confirmation of guidance and any updates on fee‑based product launches, as these will validate the optimistic outlook. Regulatory developments could also influence the bank’s performance, so monitoring any new rules affecting asset‑management fees is prudent. The upgrade may lift investor sentiment, potentially leading to a short‑term rally in the stock as traders adjust their positions. Over the next 1–10 trading days, the focus will be on whether the earnings beat materializes and whether ESG product uptake meets expectations. Keep an eye on institutional trading volume trends and any commentary from State Street’s management about fee‑income growth and cost‑control initiatives.
Earnings Summary
State Street Corporation (STT) is a long‑standing financial services firm that provides custody, accounting, and fund administration for institutional investors, and offers integrated platform solutions such as State Street Alpha, along with ETFs, index funds, and other investment management services. In the most recent two quarters with reported EPS, Q1 2026 produced an EPS of $2.84 and revenue of $3.795 billion, down from Q2 2025’s EPS of $2.53 and revenue of $3.448 billion; compared with the preceding two quarters, Q4 2025’s EPS of $2.97 and revenue of $3.667 billion and Q3 2025’s EPS of $2.78 and revenue of $3.545 billion, the company experienced a modest decline in earnings but mixed top‑line performance, with revenue rising 3 % from Q3 2025 to Q1 2026 while falling 10 % from Q4 2025 to Q2 2025. Historically, year‑over‑year revenue has grown, with Q1 2026 revenue up 15 % versus Q1 2025 and Q2 2026 revenue projected to rise 12 % versus Q2 2025, while EPS growth has been strong, with Q1 2026 EPS nearly 26 % lower than the Q1 2025 estimate and the firm has beaten analyst expectations in five of the last six quarters, missing only Q1 2026. Recent analyst activity shows a bullish stance: KBW upgraded the stock to Outperform and raised its target to $195, citing fee‑income gains and ESG product expansion; BofA Securities lifted its target to $190 and Seaport Global raised it to $209, while a planned 10 % dividend increase to $0.92 per share in Q3 2026 is pending board approval, signaling confidence in cash flow. Investors should watch the upcoming earnings release for guidance on fee‑income trends, ESG uptake, regulatory impacts on asset‑management fees, and the board’s dividend decision, as these elements will shape the company’s near‑term outlook and reconcile the divergent analyst views.

EPS

EstBeatMiss
$1.81$2.24$2.67$3.11$3.54Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$3.34 - -
Q1'26$3.04$2.84-6.6%
Q4'25$2.87$2.97+3.4%
Q3'25$2.65$2.78+5.0%
Q2'25$2.36$2.53+7.1%
Q1'25$2.01$2.04+1.7%

Revenue

EstBeatMiss
$3.2B$3.4B$3.6B$3.8B$4.0BQ1'25Q2'25Q3'25Q4'25Q1'26Q2'26
QtrEstActual+/−
Q2'26$3.9B - -
Q1'26$3.7B$3.8B+2.7%
Q4'25$3.6B$3.7B+0.9%
Q3'25 - $3.5B -
Q2'25 - $3.4B -
Q1'25 - $3.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

STT Stock Snapshot

STT is currently trading at $180.22, giving State Street Corporation a market cap of 49.88B and a P/E ratio of 16.3. Today's range spans $177.63–$182.09, with shares opening at $181.12 and moving up $0.00 (0.0%) from the prior close. DailyIQ's technical score sits at 100/100 (BUY) with a news sentiment reading of 64/100.

Over the past year STT has traded between $101.98 and $183.32 - the current price is +76.7% off the 52-week low and -1.7% from the high. 23 analysts cover the stock with a Buy consensus and a mean 12-month target of $180.96 (range $120.00–$209.00), implying upside of +0.4%.

STT scores 100/100 (BUY) and is at $180.22 - near 52-week highs within its $101.98–$183.32 annual range. Sentiment at 64/100 is bullish. At 49.88B in Financial Services market cap (P/E: 16.3), this large-cap name benefits from a dynamic that mega-caps don't have: the potential for multiple expansion. When a name at this size with bullish momentum catches the attention of large allocators, the re-rating can be rapid and meaningful.

Earnings revision cycles in large-cap Financial Services names tend to compound: when technicals confirm a BUY thesis (100/100) and news sentiment (64/100, bullish) supports the narrative, analyst upgrades follow price rather than lead it. At $180.22 (near 52-week highs), STT's position within the $101.98–$183.32 annual range suggests there's room for multiple expansion before the stock encounters meaningful technical resistance.