State Street Corporation (STT)
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
$194.26+0.16%
Close 2026-09-04 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
Broken: Primary pillar broken — Assets under management increase at least 7% per year: AUM growth not reported.
State Street grows revenue about 16% yearly. Assets under management rose 20%. The company keeps costs steady while expanding. Dividend hikes show strong cash flow.
Competition may slow fee growth. Rising costs could cut profit margins. Regulatory probes pose risks to business.
The price is about 19% above our fair value near $151. Analysts expect 7.5% revenue growth, close to our view. Our fair value is 10% below the Street median, so weigh the Street range.
Breaks if: AUM growth falls below 7% next year
Breaks if: Expense growth exceeds 10% next year
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment is characterized as a durable compounder, with a focus on revenue growth and asset management. The current thesis state is intact, supported by strong recent financial performance.
The market appears to be pricing in a level of fragility due to weak execution quality, despite STT being seen as expensive relative to peers. There is a slight expectations gap, indicating that the market may not fully anticipate potential challenges ahead.
Fundamentals are likely to remain strong in the near term, as management is on track with its priorities of increasing revenue and expanding assets under management. However, there is a low probability of missing earnings expectations, though recent trends in earnings surprises are downward.
The long-term thesis hinges on the performance of sector bellwethers like BLK, BX, and KKR, which could influence STT's momentum. Additionally, any changes in guidance from STT could have a significant impact on market perception.
The most important moves since the prior daily snapshot.
Yes, our read has strengthened. The latest earnings beat supports this view. The company launched a $2.5 billion ETF, expanding its assets under management. This growth in AUM strengthens its market position. There are no new threats noted in the current analysis.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Improve operational efficiency through cost management and strategic investments.
Breaks if: YoY revenue growth falls below 7% next year
Overall, STT's performance and management execution are solid, but external factors could introduce risks. Not investment advice.