These Analysts Revise Their Forecasts On State Street After Q3 Results

Benzinga Earnings10-15

State Street Corp. (NYSE:STT) on Wednesday reported mixed third-quarter 2026 results.

Adjusted earnings of $3.69 per share beat the analyst consensus estimate of $3.67. However, revenue rose 13% year over year to $4 billion, slightly missing Wall Street’s estimate of $4.03 billion.

Fee revenue increased 11% year over year, supported by higher servicing and management fees and stronger foreign exchange trading activity.

Servicing fees rose 10%, while management fees jumped 20%.

State Street shares fell 0.8% to trade at $165.60 on Thursday.

These analysts made changes to their price targets on State Street following earnings announcement.

Keefe, Bruyette & Woods analyst David Konrad maintained the stock with an Outperform rating and raised the price target from $220 to $230.
Evercore ISI Group analyst Glenn Schorr maintained the stock with an Outperform rating and lowered the price target from $200 to $185.
RBC Capital analyst Gerard Cassidy maintained the stock with a Sector Perform and lowered the price target from $196 to $175.

Considering buying STT stock? Here’s what analysts think:

Photo via Shutterstock

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(NYSE:STT) on Wednesday reported mixed third-quarter 2026 results.\nAdjusted earnings of $3.69 per share beat the analyst consensus estimate of $3.67. 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