State Street Corporation (STT) Stock: Price, Forecast & Analyst Target
State Street Corporation (STT) — MoonshotScore 36/100 (Weak band), calculated Oct 4, 2026. Price $175.96 (+0.77%), as of the Oct 2, 2026 trading session; market cap $48.7B. Expected results Oct 14, 2026.
Educational signal · not a buy or sell recommendation · How to read this
Market value / cash and short-term investments: 11.35× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Oct 14, 2026
State Street Corporation · STT · NYSE · Financial Services · Asset Management
Research dated 2026-09-12: State Street is primarily an operating backbone for institutional investment portfolios, combining custody, accounting, administration, trading support and data services with a smaller investment-management franchise led by SPDR funds. The case rests on whether rising earnings and promised operating leverage reflect durable improvement in the servicing engine rather than temporary financial-statement volatility.
Price as of Oct 2, 2026
Key Statistics
MoonshotScore v2 · State Street (STT)
WeakWhy this rating? Method, drivers & history
Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.
- Business Quality — Is this a genuinely good business?
- Financial Safety — Could this blow up on me?
- Valuation — Am I paying a fair price?
- Growth Durability — Is the growth real and likely to last?
- Momentum — Is the market already moving on this?
Elite growth, but a fragile balance sheet and a full valuation; the market is already moving on it. Business Quality: Average; Financial Safety: Fragile; Valuation: Rich; Growth Durability: Compounding; Momentum: Surging.
Free cash flow yield is the main valuation drag relative to sector peers.
- EPS beat 8 of 8
- expected results Oct 14, 2026
- Altman Z 0.29 · Piotroski F 6
Holding back: balance-sheet strain, a rich price
Helping: durable growth, positive momentum
What has the MoonshotScore done over time?
| Recorded | Score | Band |
|---|---|---|
| 37 | Weak | |
| 36 | Weak | |
| 35 | Weak | |
| 35 | Weak | |
| 36 | Weak | |
| 36 | Weak |
The score was 36 in the stored Oct 3, 2026 snapshot and remains 36 in the current publication computed Oct 4, 2026 (0); the largest pillar moves were Growth Durability +1; the pillar moves offset under the sector-relative weighting, so the headline score is unchanged.
Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.
Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →
Price & valuation
| Measure | Value | As of |
|---|---|---|
| Latest provided price | $175.96 | |
| Change on the day | +0.77% | |
| 52-week range | $104.64 – $195.93 | |
| Market capitalisation | $48.7B | |
| Price / earnings (trailing) | 14.18 | |
| Shares traded on the day | 1.62M | |
| Beta (volatility vs the S&P 500) | 1.42 | |
| Dividends per share (last 12 months) | $3.44 | |
| Dividend yield (last 12 months) | 1.95% |
Price & events
Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.
Events behind the price
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings results · above the recorded estimate
- · Earnings call · management outlook
- · Earnings results · above the recorded estimate
Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.
Upcoming events
Management outlook
Based on our current outlook, we expect to deliver roughly 500 basis points of positive operating leverage in 2026 implying a pretax margin of approximately 32%.
John Woods · Statement from
And then when you flip over to the transformation program, and that 75-25 split, that $1 billion that we expect to deliver by 2029, as you asked, 25% of that is decked against revenue opportunities.
John Woods · Statement from
Chronological order, not a duration scale. Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.
Read management statementsCouncil Score · weighted blend of 2 available disciplines
Council score for State Street (STT): Split View
46/100 · CSome lenses disagree with the MoonshotScore. Compare their readings below; each uses a different method.
5-Factor Breakdown
Legends Council
5 lenses, 5 current
AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Read on: Oct 5, 2026
Munger's Mindset
Balance Sheet & Valuation · historical
Read on: Sep 11, 2026 · older than the 27 hours refresh window; not a current reading
How to read these bars and different assessments
Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.
Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.
Two of these lenses read this company more favourably than the MoonshotScore does: Dalio-style lens and Englander-style lens. Each lens is a separate scoring function over its own inputs, so a disagreement is a difference of method rather than a correction — the page's answer stays the MoonshotScore above.
On Sep 11, 2026, the Munger lens read the price at that time as fairly valued against its own estimate of value.
Readings on this page are from Oct 5, 2026, except a card that shows its own read date.
Watch the STT film — every key number, told as a short cinematic story
~2 min · open the film
What is State Street (STT), and what does it report?
Short answer · as of
Investment Servicing supplies the infrastructure behind funds, retirement plans, insurers and investment managers: safekeeping assets, calculating values, maintaining records, administering portfolios, handling cash and foreign exchange, financing securities, and supporting trading and compliance.
Research dated 2026-09-12.
Investment Servicing supplies the infrastructure behind funds, retirement plans, insurers and investment managers: safekeeping assets, calculating values, maintaining records, administering portfolios, handling cash and foreign exchange, financing securities, and supporting trading and compliance. Revenue therefore reflects the breadth and activity of institutional assets using State Street’s systems and services, while Investment Management earns from strategies and products including the SPDR fund family.
The asset-management label gives the wrong impression of the reporting mix. Servicing contributes far more segment revenue than managing investments, so consolidated results measure a custody and investment-operations platform with an asset manager attached, not mainly a portfolio manager gathering fees.
What do the latest results show for State Street (STT)?
Research dated 2026-09-12.
The latest period brought a clear sequential step up in revenue, gross profit, operating profit, net income and diluted earnings. Reported earnings have also exceeded estimates throughout the displayed history, making the improvement broader than a single favorable comparison.
The available results establish the direction but do not isolate one operating cause. Management expects substantial positive operating leverage and says its transformation program is weighted toward cost benefits, with a smaller portion tied to revenue opportunities; that frames margin expansion as an execution test, not merely a bet on stronger markets.
Where is operating spending going?
Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.
- Latest quarter · revenue
- $6.03B Jun 30, 2026
- Latest quarter · SG&A
- $1.35B Jun 30, 2026
- Latest quarter · FMP standardized operating result
- $1.39B Jun 30, 2026
| Period end | Revenue | R&D | SG&A | FMP standardized operating result |
|---|---|---|---|---|
| Jun 30, 2026 | $6.03B | Not available | $1.35B | $1.39B |
| Mar 31, 2026 | $5.61B | Not available | $1.40B | $969.00M |
| Dec 31, 2025 | $5.59B | Not available | $1.54B | $918.00M |
| Sep 30, 2025 | $5.75B | Not available | $1.21B | $1.10B |
USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.
Did results meet expectations?
Reported earnings and revenue alongside the estimates recorded by the provider.
- Latest report · revenue
- $4.05B Jul 16, 2026
- Latest report · revenue estimate
- $3.88B Jul 16, 2026
- Latest report · revenue vs estimate
- Above estimate Jul 16, 2026
- Latest report · EPS vs estimate
- Above estimate Jul 16, 2026
| Report date | Revenue · reported | Revenue · estimate | EPS · reported | EPS · estimate |
|---|---|---|---|---|
| Jul 16, 2026 | $4.05B | $3.88B | $3.6500 | $3.3400 |
| Apr 17, 2026 | $3.80B | $3.67B | $2.8400 | $2.6400 |
| Jan 16, 2026 | $3.67B | $3.60B | $2.9700 | $2.8400 |
| Oct 17, 2025 | $5.75B | $3.46B | $2.7800 | $2.6400 |
Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.
Quarterly income statement — 4 quarters
| Period | Revenue | Net income | EPS |
|---|---|---|---|
| Jun 2025 | $3.47B | $693M | $2.17 (diluted) |
| Q3 FY2025 | $3.54B | $861M | $2.78 (diluted) |
| Q4 FY2025 | $3.67B | $747M | $2.42 (diluted) |
| Q1 FY2026 | $3.80B | $764M | $2.49 (diluted) |
What are the financial strengths and risks for State Street (STT)?
Short answer
Cash and short-term investments were $4.29B at the Jun 30, 2026 balance-sheet date. Operating cash flow was −$2.33B for the quarter ended Jun 30, 2026, meaning operations used cash. These figures do not establish a cash runway.
Research dated 2026-09-12.
State Street is profitable, with positive trailing margins and returns on equity, but its balance sheet should be read as that of a custody bank rather than an ordinary operating company. Long-term investments account for nearly all reported cash and investments, while cash and short-term investments fell sharply in the latest period and sit below total debt.
Quarterly operating cash flow swings between large inflows and outflows, so a conventional cash-burn runway can give a distorted impression of solvency. The more relevant risk is that financing, deposit, securities and client-asset flows move against the firm while servicing economics weaken; sustained negative cash generation alongside deteriorating profitability would make that concern harder to dismiss.
How much cash does the business generate or use?
Quarterly operating cash flow shows cash generated or used by operations.
- Latest quarter · operating cash flow
- −$2.33B Jun 30, 2026
- Previous quarter · operating cash flow
- −$12.14B Mar 31, 2026
| Period end | Operating cash flow | Capital expenditure (reported) |
|---|---|---|
| Jun 30, 2026 | −$2.33B | Provider sign conflict |
| Mar 31, 2026 | −$12.14B | −$270.00M |
| Dec 31, 2025 | $1.46B | −$267.00M |
| Sep 30, 2025 | $7.90B | $226.00M |
Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.
USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.
What should you watch next at State Street (STT)?
Short answer · as of
The next earnings report is expected on Oct 14, 2026.
Research dated 2026-09-12.
State Street’s next checkpoints are the conversion of revenue growth into pretax margin, continued earnings delivery against expectations, and evidence that transformation benefits are appearing mainly through costs as management described. Gross profit, operating profit and selling and administrative expense provide a direct way to test that progression.
Cash classification and operating cash flow also deserve close attention after their abrupt movements. A stabilization in cash and short-term investments, together with less severe cash-flow swings, would make the latest balance-sheet pattern easier to interpret; another sharp divergence from reported profit would demand closer scrutiny.
What management is planning
Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.
Based on our current outlook, we expect to deliver roughly 500 basis points of positive operating leverage in 2026 implying a pretax margin of approximately 32%.
John Woods ·
And then when you flip over to the transformation program, and that 75-25 split, that $1 billion that we expect to deliver by 2029, as you asked, 25% of that is decked against revenue opportunities.
John Woods ·
Finally, we continue to expect an effective tax rate of approximately 22% for the full year and a total payout ratio of roughly 80%, subject to Board approval and other factors.
John Woods ·
How does State Street compare with its peers?
Short answer
State Street's score ranks 13th of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.
Research dated 2026-09-12.
State Street differs from a conventional asset manager because institutional clients can use it across custody, fund accounting, administration, foreign exchange, securities finance, analytics, data management and post-trade work. Those connected functions embed the firm in portfolio operations, while SPDR and other managed strategies add a separate fee stream.
That combination also changes the risk comparison. Pure investment managers lean more directly on product performance and asset gathering; State Street carries the operational, funding and balance-sheet complexity of a major servicing platform, with Investment Servicing supplying the dominant segment contribution.
| Company | Price | Market value | Score |
|---|---|---|---|
| $371.43 Oct 2, 2026 | $9.81B | 97 5-pillar Oct 4, 2026 | |
| $18.86 Oct 2, 2026 | $13.5B | 85 5-pillar Oct 4, 2026 | |
| $104.62 Oct 2, 2026 | $22.4B | 84 5-pillar Oct 4, 2026 | |
| $490.91 Oct 2, 2026 | $44.1B | 76 5-pillar Oct 4, 2026 | |
| $34.03 Oct 2, 2026 | $15.2B | 73 5-pillar Oct 4, 2026 | |
| $44.67 Oct 2, 2026 | $17.1B | 69 5-pillar Oct 4, 2026 | |
| $111.74 Oct 2, 2026 | $135B | 67 5-pillar Oct 4, 2026 | |
| $44.85 Oct 2, 2026 | $71.6B | 58 5-pillar Oct 4, 2026 | |
| $117.55 Oct 2, 2026 | $38.6B | 56 5-pillar Oct 4, 2026 | |
| $25.59 Oct 2, 2026 | $74.8B | 55 5-pillar Oct 4, 2026 | |
| $23.51 Oct 2, 2026 | $18.8B | 55 5-pillar Oct 4, 2026 | |
| $1059.63 Oct 2, 2026 | $164B | 49 5-pillar Oct 4, 2026 | |
| State Street (STT) — this page | $175.96 | $48.7B | 36 |
Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.
The records behind this page
Analyst targets & estimates
What analysts have on file
- Price target, low to high
- $155.00 – $200.00
- Consensus target
- $182.00
- Median target
- $183.50
Consensus record · Captured .
Measured against a quoted price of $175.96 (as of Oct 2, 2026).
Insider activity
Form 4 records via FMP · Of the newest 60 records, those within the last 180 days, newest dated Sep 2, 2026
- Transactions
- 37
- Identified insiders
- 19
- Purchases
- 0
- Sales
- 11
- Other transactions
- 26
Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
Who holds the shares?
Institutional ownership reported through 13F filings.
- Institutional ownership
- 91.1% Period end Jun 30, 2026
- Previous quarter · ownership
- 89.6% Prior to period end Jun 30, 2026
- Reporting holders
- 1,295 Period end Jun 30, 2026
- Previous quarter · holders
- 1,173 Prior to period end Jun 30, 2026
| Holders in provider snapshot | Shares |
|---|---|
| Blackrock, INC. | 24,406,776 |
| Vanguard Capital Management LLC | 17,603,680 |
| Vanguard Portfolio Management LLC | 14,734,612 |
| Fmr LLC | 13,911,287 |
| State Street Corp | 13,538,311 |
Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.
What has been published about State Street (STT)?
What Investors Ask About State Street (STT) — Financial Services
Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 3 questions are answered from this page's own dated data, not from the research.
Why is State Street not simply an asset manager?
Investment Servicing contributes far more segment revenue than Investment Management. The company primarily sells custody and operating infrastructure to institutions, while portfolio management and SPDR funds form the smaller reported business.
What does State Street Investment Servicing sell to institutions?
It provides custody, accounting, valuation, administration, record keeping, cash and foreign-exchange services, securities finance, analytics, data management and trading support. Clients include funds, retirement plans, insurers, endowments and investment managers.
Why can State Street operating cash flow swing so sharply?
State Street combines servicing operations with deposits, financing, securities activity and a large investment balance sheet, so cash movements do not resemble those of a simple fee-based software or advisory company. The displayed cash-flow series alternates between substantial inflows and outflows even while the company remains profitable.
How does SPDR fit inside State Street?
SPDR is part of the Investment Management franchise, alongside indexed, active, multi-asset and alternative strategies. It is strategically recognizable, but segment reporting shows that the broader company earns much more revenue from servicing institutional assets than from managing them.
What is the STT stock price today?
The last price recorded on this page for State Street Corporation (STT) is $175.96, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.
What is the STT price target?
The analyst consensus price target for State Street Corporation (STT) is $182.00 (range $155.00 to $200.00, median $183.50), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.
When are STT's next earnings?
The next earnings date listed on this page for State Street Corporation (STT) is Oct 14, 2026. Companies sometimes move report dates, so the company's own announcement is the final word on timing.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.
Sources — records for every figure on this page (79 figures)
The 79 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.
"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.
OFFICIAL — 2 facts from SEC filings and earnings calls
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
prod.outlook | Management outlook — call excerpts | John Woods (Jul 16, 2026): Based on our current outlook, we expect to deliver roughly 500 basis points of positive operating leverage in 2026 implying a pretax margin of approximately 32%. John Woods (Jul 16, 2026): And then when you flip over to the transformation program, and that 75-25 split, that $1 billion that we expect to deliver by 2029, as you asked, 25% of that is decked against revenue opportunities. John Woods (Jul 16, 2026): Finally, we continue to expect an effective tax rate of approximately 22% for the full year and a total payout ratio of roughly 80%, subject to Board approval and other factors. | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | |
id.hq | SEC filing business address | 1 Congress Street, Suite 1, Boston, MA, 02114 | OFFICIAL | SEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "One Congress Street, Boston, MA, 02114, US". |
FMP — 65 facts from Financial Modeling Prep endpoint families
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
px.last | Latest provided price | $175.96 | FMP | Financial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-05T08:34:38.126Z. | |
px.change | Change on the day | +0.77% | FMP | Financial Modeling Prep (FMP) · quote | |
px.mcap | Market capitalisation | $48.7B | FMP | Financial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:01:45.000Z. Captured from FMP at 2026-10-05T08:34:34.814Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares. | |
px.change_abs | Change on the day, in dollars | +$1.34 | FMP | Financial Modeling Prep (FMP) · quote | |
px.pe | Price / earnings (trailing) | 14.18 | FMP | Financial Modeling Prep (FMP) · quote | |
px.volume | Shares traded on the day | 1.62M | FMP | Financial Modeling Prep (FMP) · quote | |
px.beta | Beta | 1.42 | FMP | Financial Modeling Prep (FMP) company profile | |
id.ceo | Chief executive | Ronald Philip O'Hanley | FMP | Financial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it. | |
id.employees | Employees | 50,596 | FMP | Financial Modeling Prep (FMP) employee count, from the company's filing | |
fin.annual | Revenue and net result by fiscal year | 5 fiscal years, FY2021 through FY2025: FY2021 revenue $12.03B, net result $2.69B; FY2022 revenue $13.67B, net result $2.77B; FY2023 revenue $18.37B, net result $1.94B; FY2024 revenue $21.97B, net result $2.69B; FY2025 revenue $22.63B, net result $2.94B | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements | |
fin.rev_mix | Reported revenue segments | Investment Servicing $11.33B · Investment Management $2.63B · Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment $42.00M | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K | |
fin.gross_margin | Gross margin (trailing twelve months) | 65.3% | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.q_table.depth.2026-06-30.revenue_k | Revenue — period end 2026-06-30 | $6.03B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.sga_k | SG&A — period end 2026-06-30 | $1.35B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-06-30.operating_result_k | FMP standardized operating result — period end 2026-06-30 | $1.39B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.revenue_k | Revenue — period end 2026-03-31 | $5.61B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.sga_k | SG&A — period end 2026-03-31 | $1.40B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2026-03-31.operating_result_k | FMP standardized operating result — period end 2026-03-31 | $969.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.revenue_k | Revenue — period end 2025-12-31 | $5.59B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.sga_k | SG&A — period end 2025-12-31 | $1.54B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-12-31.operating_result_k | FMP standardized operating result — period end 2025-12-31 | $918.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.revenue_k | Revenue — period end 2025-09-30 | $5.75B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.sga_k | SG&A — period end 2025-09-30 | $1.21B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
fin.q_table.depth.2025-09-30.operating_result_k | FMP standardized operating result — period end 2025-09-30 | $1.10B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note |
earn.history.depth.2026-07-16.revenue_actual | Revenue · reported — report date 2026-07-16 | $4.05B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-16.revenue_estimated | Revenue · estimate — report date 2026-07-16 | $3.88B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-16.eps_actual | EPS · reported — report date 2026-07-16 | $3.6500 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-07-16.eps_estimated | EPS · estimate — report date 2026-07-16 | $3.3400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-17.revenue_actual | Revenue · reported — report date 2026-04-17 | $3.80B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-17.revenue_estimated | Revenue · estimate — report date 2026-04-17 | $3.67B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-17.eps_actual | EPS · reported — report date 2026-04-17 | $2.8400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-04-17.eps_estimated | EPS · estimate — report date 2026-04-17 | $2.6400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-16.revenue_actual | Revenue · reported — report date 2026-01-16 | $3.67B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-16.revenue_estimated | Revenue · estimate — report date 2026-01-16 | $3.60B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-16.eps_actual | EPS · reported — report date 2026-01-16 | $2.9700 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2026-01-16.eps_estimated | EPS · estimate — report date 2026-01-16 | $2.8400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-17.revenue_actual | Revenue · reported — report date 2025-10-17 | $5.75B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-17.revenue_estimated | Revenue · estimate — report date 2025-10-17 | $3.46B | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-17.eps_actual | EPS · reported — report date 2025-10-17 | $2.7800 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
earn.history.depth.2025-10-17.eps_estimated | EPS · estimate — report date 2025-10-17 | $2.6400 | Report date · | FMP | Financial Modeling Prep (FMP) earnings — Earnings-history note |
fin.cash_investments | Cash and short-term investments | $4.29B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. | |
fin.opcf_latest | Latest-quarter operating cash flow | −$2.33B | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate. | |
fin.long_term_investments | Long-term investments (classification unverified) | $379.63B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.total_debt | Total debt | $30.47B | FMP | Financial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | |
fin.price_to_book | Price to book value | 1.73× | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero. | |
fin.opcf.depth.2026-06-30.operating_cash_flow_m | Operating cash flow — period end 2026-06-30 | −$2.33B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.operating_cash_flow_m | Operating cash flow — period end 2026-03-31 | −$12.14B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2026-03-31.capex_m | Capital expenditure (reported) — period end 2026-03-31 | −$270.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.operating_cash_flow_m | Operating cash flow — period end 2025-12-31 | $1.46B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-12-31.capex_m | Capital expenditure (reported) — period end 2025-12-31 | −$267.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.operating_cash_flow_m | Operating cash flow — period end 2025-09-30 | $7.90B | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
fin.opcf.depth.2025-09-30.capex_m | Capital expenditure (reported) — period end 2025-09-30 | $226.00M | Period end · | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note |
earn.pt_range | Analyst price target, low to high | $155.00 – $200.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_consensus | Consensus analyst price target | $182.00 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
earn.pt_median | Median analyst price target | $183.50 | FMP | Financial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied | |
own.insiders | Insider transactions via FMP | 37 transactions · 0 purchases, 11 sales, 26 other transactions · 19 identified insiders · of the newest 60 records, those within the last 180 days, newest dated Sep 2, 2026 | FMP | Financial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent. | |
own.institutions.depth.ownership_pct | Institutional ownership | 91.1% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.ownership_pct_previous_quarter | Previous quarter · ownership | 89.6% | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.institutions.depth.holders | Reporting holders | 1,295 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026 | |
own.institutions.depth.holders_previous_quarter | Previous quarter · holders | 1,173 | FMP | Financial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026 | |
own.top_holders.depth.holder_0.shares | Blackrock, INC. — shares in provider snapshot | 24,406,776 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_1.shares | Vanguard Capital Management LLC — shares in provider snapshot | 17,603,680 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_2.shares | Vanguard Portfolio Management LLC — shares in provider snapshot | 14,734,612 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_3.shares | Fmr LLC — shares in provider snapshot | 13,911,287 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. | |
own.top_holders.depth.holder_4.shares | State Street Corp — shares in provider snapshot | 13,538,311 | FMP | Financial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied. |
UNRECORDED — 4 facts from stored observations whose source was not recorded
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
earn.next | Next earnings date | Oct 14, 2026 | UNRECORDED | Stored earnings-calendar observation — Captured 2026-08-22 | |
earn.history | Reported versus estimated, recent quarters | EPS beat 8 of 8 | UNRECORDED | Stored earnings-history observation — Captured 2026-10-03 | |
fin.scores | Distress and quality screens | Altman Z 0.29 · Piotroski F 6 | UNRECORDED | Stored financial-scores observation — Captured 2026-10-04 | |
px.range52 | 52-week range | $104.64 – $195.93 | UNRECORDED | Stored company-profile observation — Captured 2026-10-03 |
COMPUTED — 5 facts from our arithmetic, formula restated
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
fin.mcap_to_cash | Market value per dollar of cash and short-term investments | 11.35× | — | COMPUTED | Computed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $4.29B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio. |
div.ttm_per_share | Dividends per share, last 12 months (split-adjusted) | $3.44 | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history — Sum of 4 split-adjusted declared dividends with an ex-date in the 365 days to 2026-10-05, per current share. Ex-dates are not payment dates; special dividends are included. Not a declared annual rate. | |
div.ttm_yield | Dividend yield, last 12 months | 1.95% | COMPUTED | Financial Modeling Prep (FMP) split-adjusted dividend history and quote — Split-adjusted dividends with ex-dates in the trailing 365-day window divided by the packet price, on the same current-share basis. Price date follows the quote, latest price bar or packet-build day when unstamped. Not a forecast or declared annual rate. | |
earn.history.depth.2026-07-16.revenue_actual.comparison | Latest report · revenue vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($4.05B) with the recorded estimate ($3.88B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
earn.history.depth.2026-07-16.eps_actual.comparison | Latest report · EPS vs estimate | Above estimate | Report date · | COMPUTED | Computed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($3.6500) with the recorded estimate ($3.3400) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns. |
OURS — 3 facts from Stock Expert AI's own score and rank
| Fact ID | Fact | Value as shown | As of | Tier | Source |
|---|---|---|---|---|---|
ours.moonshot | MoonshotScore v2 | 36 of 100 · Weak · pillars 49 / 16 / 34 / 89 / 94 | OURS | Stock Expert AI MoonshotScore v2 engine | |
ours.valuation_driver | Recorded valuation score driver | Free cash flow yield is the main valuation drag relative to sector peers. | OURS | Stock Expert AI MoonshotScore v2 engine · stored factor contributions | |
ours.moonshot_change | MoonshotScore movement | 36 (stored snapshot Oct 3, 2026) → 36 (current publication computed Oct 4, 2026) (0) | OURS | Stock Expert AI current score publication and immutable score snapshots |
Fact-family notes
- Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs:
fin.q_table.depth.2026-06-30.revenue_k,fin.q_table.depth.2026-06-30.sga_k,fin.q_table.depth.2026-06-30.operating_result_k,fin.q_table.depth.2026-03-31.revenue_k,fin.q_table.depth.2026-03-31.sga_k,fin.q_table.depth.2026-03-31.operating_result_k,fin.q_table.depth.2025-12-31.revenue_k,fin.q_table.depth.2025-12-31.sga_k,fin.q_table.depth.2025-12-31.operating_result_k,fin.q_table.depth.2025-09-30.revenue_k,fin.q_table.depth.2025-09-30.sga_k,fin.q_table.depth.2025-09-30.operating_result_k. - Earnings-history note. Source series as of 2026-07-16. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs:
earn.history.depth.2026-07-16.revenue_actual,earn.history.depth.2026-07-16.revenue_estimated,earn.history.depth.2026-07-16.revenue_actual.comparison,earn.history.depth.2026-07-16.eps_actual.comparison,earn.history.depth.2026-07-16.eps_actual,earn.history.depth.2026-07-16.eps_estimated,earn.history.depth.2026-04-17.revenue_actual,earn.history.depth.2026-04-17.revenue_estimated,earn.history.depth.2026-04-17.eps_actual,earn.history.depth.2026-04-17.eps_estimated,earn.history.depth.2026-01-16.revenue_actual,earn.history.depth.2026-01-16.revenue_estimated,earn.history.depth.2026-01-16.eps_actual,earn.history.depth.2026-01-16.eps_estimated,earn.history.depth.2025-10-17.revenue_actual,earn.history.depth.2025-10-17.revenue_estimated,earn.history.depth.2025-10-17.eps_actual,earn.history.depth.2025-10-17.eps_estimated. - Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs:
fin.opcf.depth.2026-06-30.operating_cash_flow_m,fin.opcf.depth.2026-03-31.operating_cash_flow_m,fin.opcf.depth.2026-03-31.capex_m,fin.opcf.depth.2025-12-31.operating_cash_flow_m,fin.opcf.depth.2025-12-31.capex_m,fin.opcf.depth.2025-09-30.operating_cash_flow_m,fin.opcf.depth.2025-09-30.capex_m.
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Sources used for research written 2026-09-12
Historical evidence preserved with this analysis. Current figures are listed separately above.
| Evidence | Captured value | Source date | Source type | Source |
|---|---|---|---|---|
| Business description | State Street Corporation (STT) is a well-established global financial services firm that delivers a wide array of financial products and specialized services to institutional investors worldwide. The company's extensive offerings include core investment servicing functionalities such as secure asset custody, detailed product accounting, daily valuation, comprehensive administration, master trust and master custody arrangements, and specific depotbank services. It also manages record-keeping, cash, foreign exchange, brokerage, and various trading activities. Further services in this area encompass securities finance, advanced custody solutions, deposit and short-term investment facilities, as well as loan and lease financing. State Street additionally provides operational outsourcing for both traditional and alternative investment managers, complemented by sophisticated analytics for performance, risk, and compliance, along with financial data management. Beyond servicing, the firm offers capabilities in portfolio management and risk analysis, supporting trading and post-trade settlement processes with built-in compliance features and managed data solutions. Its investment management division provides a diverse range of strategies and products. These span core and enhanced indexing, multi-asset class approaches, active quantitative and fundamental management, and various alternative investment strategies. State Street is also a proponent of environmental, social, and governance (ESG) investing, offers solutions for defined benefit and defined contribution plans, and provides global fiduciary expertise, including its prominent SPDR brand of exchange-traded funds (ETFs). State Street's client roster is broad, serving mutual funds, collective investment vehicles, other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and other investment managers. With roots dating back to its founding in 1792, State Street Corporation is headquartered in Boston, Massachusetts. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Revenue by segment | Investment Servicing: $11.33B; Investment Management: $2.63B; Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment: $42.00M | 2025-12-31 | FMP | Financial Modeling Prep (FMP) revenue segmentation, from the company's 10-K |
| Quarterly income statement (USD thousands) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements |
| Management outlook — dated call excerpts | Captured record · 3 entries
Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording. | 2026-07-16 | OFFICIAL | Company earnings call, transcript via Financial Modeling Prep (FMP) |
| Sector / industry (provider taxonomy) | Financial Services / Asset Management The company's SEC filings classify it under SIC 6022 — State Commercial Banks. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) company profile |
| Annual revenue and net result (USD millions) | Captured record · 5 entries
| 2025-12-31 | FMP | Financial Modeling Prep (FMP), from the company's 10-K income statements |
| Reported versus estimated, last 8 quarters | Captured record · 8 entries
| 2026-07-16 | FMP | Financial Modeling Prep (FMP) earnings |
| Most recent periodic reports | 2026-07-30 | OFFICIAL | SEC EDGAR filer submissions | |
| Cash, investments and debt | Total debt: $30.47B; Liquidity basis: cash and short-term investments; Total liabilities: $390.11B; Cash and short-term investments: $4.29B; Cash and investments: $383.92B; Long-term investments: $379.63B; Long-term investments classification: unclassified Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. | 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's balance sheet |
| Cash and investment components | Total basis: cash short and long-term investments; Total: $383.92B; Cash and short-term investments: $4.29B; Long-term investments: $379.63B; Long-term investments classification: unclassified Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures. | 2026-06-30 | COMPUTED | Computed from the balance sheet |
| Cash and short-term investments over time (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's quarterly balance sheets |
| Operating cash flow by quarter (USD millions) | Captured record · 8 entries
| 2026-06-30 | FMP | Financial Modeling Prep (FMP), from the company's 10-Q cash-flow statements |
| Cash against market value | As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: -$26.18B; Total debt: $30.47B; Cash and investments: $4.29B Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them. | 2026-06-30 | COMPUTED | Computed from the balance sheet and the latest market capitalization |
| Trailing twelve-month ratio set | Quick ratio: 1.92; Current ratio: 1.92; Debt to equity: 1.08; Net margin: 15%; Gross margin: 65.3%; Operating margin: 19%; Return on assets: 0.8%; Return on equity: 12.4% Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm |
| Distress and quality screens | Altman Z-score: 0.29; Piotroski F-score: 6 Altman Z below 1.8 is the conventional distress zone. For a company holding large cash against negative retained earnings the score mostly reflects the retained-earnings term. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) financial scores |
| Next earnings report | Date: 2026-10-14; EPS estimate: $3.6 per share; Revenue estimate: $4.00B The date is our provider's estimate until the company confirms it. | 2026-09-12 | FMP | Financial Modeling Prep (FMP) earnings calendar |
| Analyst revenue and earnings estimates (average) | Captured record · 4 entries
| 2026-09-12 | FMP | Financial Modeling Prep (FMP) analyst estimates |
| Recent SEC filings |
| 2026-08-12 | OFFICIAL | SEC EDGAR filer submissions |
Data provided for informational purposes only.