State Street Corp (STT) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of State Street Corp stock $139, price $165, that is 15.7% below the price, quality 76 out of 100. Rating: overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
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State Street Corp
STT · USOur calculation puts a fair price 16% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range $52.25 – $193.24 · fair‑value band $104.53 – $174.21 · the $165.23 price screens above the $139.37 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 6, 2026.
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Company profile
State Street Corporation provides various financial products and services to institutional investors.
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It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities.
The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication.
In addition, it offers investment management solutions, such as strategies across equity, fixed income, cash, multi-asset, and alternatives; and ETFs, custom indexed, managed funds, and mandates.
The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations, and endowments.
The company was founded in 1792 and is headquartered in Boston, Massachusetts.
Stock analysis
State Street Corp (STT) currently trades at $165.23, while our model-based Fair Value estimate is $139.37, 16% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of $462.52 per share, and 6 of the 13 models we run sit above the $165.23 price.
Bear case: the Asset-Based group reads lowest at $45.72, and 7 of the 13 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $104.53 (bear) to $174.21 (bull), the price of $165.23 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 76/100 (high quality), in the Financial Services sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
State Street Corp reported revenue of $22.6B in FY2025 versus $12.0B in FY2021, a compound +17.1%/yr. Reported net income was $2.9B in FY2025, compounding +2.3%/yr from FY2021.
Key figures
Market cap $46.7B Large · P/E ratio 13.5 · P/S ratio 3.02 · EPS (TTM) $12.24 · Dividend yield 2.1% · Net margin 23.8% · Return on equity 13.1% · Return on assets (EBIT) 1.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 69 out of 100 (medium confidence).
What moves the price
The share trades about 14% below its 52-week high and 50% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Financial Services peers we cover trades at −26% fair-value upside, at −16%, STT screens cheaper than that median.
Fair Value models
All 13 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Insider trades
In the last 6 months, 5 officers or directors sold shares worth $14.1M and none bought.
- SaleW. Bradford HuEVP and Chief Risk Officer3× since May 26, 2026: 26,069 shares, avg. $169.89$4.4MOct 26, 202610b5-1 plan
- SaleHanley Ronald P OChairman, CEO and President, Director4× since Mar 2, 2026: 72,767 shares, avg. $151.10$11.0MOct 20, 202610b5-1 plan
- SaleElizabeth SchaeferSVP, Chief Accounting Officer2× since May 13, 2026: 1,000 shares, avg. $166.03$166,030Aug 3, 2026
- SaleKathryn M HorganExecutive Vice President4× since Nov 28, 2025: 22,375 shares, avg. $147.79$3.3MJul 21, 202610b5-1 plan
- SaleMichael L RichardsEVP and Chief Admin Officer3× since Feb 24, 2026: 7,000 shares, avg. $146.38$1.0MJun 8, 2026
- SaleMostapha TahiriEVP and COO9,611 shares at $152.93$1.5MApr 22, 2026
- SaleJohn PlanskyExecutive Vice President16,100 shares at $124.32$2.0MMar 11, 2026
- BuyBrian J. PorterDirector2,500 shares at $124.99$312,475Mar 5, 2026
- SaleJoerg AmbrosiusExecutive Vice President8,765 shares at $128.00$1.1MFeb 23, 2026
Plus 23 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Source: SEC Form 4, as of Nov 5, 2026. All filings at the SEC ↗
Revenue & earnings trend
STT screens overvalued: fair value 16% below the price. Compare with Blackstone Inc →
Recent news
- State Street Investment Management Launches SPYMX Mutual Fund Share Class of SPYM, its Low-Cost S&P 500® ETF
- State Street Advances Daily NAV Capabilities for Private Markets Strategies in Support of Apollo's Daily Pricing Initiative
Compare State Street Corp with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Asset Management · 593 stocks
Valuation Multiplesvs Asset Management median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Financials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- P/S ratio by industry
- EBIT margin by industry
- Stock screener with 62 metrics
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Asset Management stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| Exor N.V EXO | €73.35 | €139.37 | +90% | vs STT |
| Raymond James Financial, Inc RJF | $164.82 | $281.42 | +71% | vs STT |
| Apollo Global Management, Inc APO | $117.27 | $197.52 | +68% | vs STT |
| Ameriprise Financial, Inc AMP | $509.32 | $609.56 | +20% | vs STT |
| Ares Management Corporation ARES | $133.72 | $99.35 | −26% | vs STT |
| Northern Trust Corporation NTRS | $171.39 | $123.42 | −28% | vs STT |
| Principal Financial Group PFG | $112.82 | $52.47 | −53% | vs STT |
| Blackstone Inc BX | $119.82 | $52.29 | −56% | vs STT |
| Brookfield Corporation BN | $41.76 | $13.42 | −68% | vs STT |
| KKR & Co KKR | $98.30 | $27.32 | −72% | vs STT |
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Key figures of State Street Corp
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