State Street Corporation ($STT) Stock Forecast: Up 5.3% Today

What is State Street Corporation?

State Street Corporation (STT) is a leading financial services company specializing in asset management and custody services. The stock had a strong bullish movement today.

Why is State Street Corporation going up?

STT stock is up 5.3% on Apr 10, 2025 17:08

• State Street Corporation (STT) experienced a significant bullish movement due to positive market sentiment and expectations surrounding its upcoming earnings report.
• Analysts are optimistic about STT's earnings potential, with expectations of growth and a likely earnings beat in the next report.
• Despite concerns about lower net interest income (NII) and fee revenue, investors seem to be focusing more on the overall positive outlook for the company, driving the stock price higher.

STT Price Chart

STT Technical Analysis

STT News

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https://www.zacks.com/stock/news/2443553/truist-financial-tfc-soars-88-is-further-upside-left-in-the-stock

State Street Corporation ( STT ) Earnings Expected to Grow: Should You Buy?

State Street (STT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

https://www.zacks.com/stock/news/2443479/state-street-corporation-stt-earnings-expected-to-grow-should-you-buy

Can STT Overcome Lower NII, Fee Revenue and Cost Woes in Q1 Earnings?

Lower NII and fee income, along with high expenses, are likely to have hurt State Street's first-quarter 2025 earnings.

https://www.zacks.com/stock/news/2443435/can-stt-overcome-lower-nii-fee-revenue-and-cost-woes-in-q1-earnings

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State Street Corporation Price History

03.03.2025 - STT Stock was down 6.9%

• The bearish movement in STT could be due to a shift in investor focus towards the newly launched SPDR Bridgewater All Weather ETF, potentially resulting in decreased demand for State Street's services.
• The debut of a public ETF based on Bridgewater's renowned investment strategy might have sparked concerns among investors regarding the competition State Street could encounter in the market.
• This development might have led some investors to shift their investments from State Street to the new ETF, impacting STT's stock price negatively.

20.01.2025 - STT Stock was down 1.4%

• STT might have experienced a bearish movement due to potential concerns about the overall financial sector, as indicated by the dividend declaration from US Financial 15 Split Corp.
• Investors could be interpreting the dividend declaration as a sign of potential challenges or uncertainties in the financial markets, leading to a sell-off in stocks like STT.
• The bearish movement in STT could also be a result of profit-taking by investors who may be cautious about the broader economic outlook, prompting them to reallocate their investments.
• It is essential for traders to closely monitor developments in the financial sector and assess the potential impact on individual stocks like STT to make informed trading decisions.

06.10.2024 - STT Stock was up 5.0%

• State Street Corporation (STT) saw a significant increase of 2.68% within one week.
• The positive momentum can be linked to growing attention from momentum investors seeking stocks with growth potential.
• The movement indicates that investors view State Street Corporation favorably as a top stock choice, potentially due to its performance and growth prospects in the financial services sector.
• The bullish trend is likely to persist as momentum investors continue to focus on State Street Corporation, propelling its stock price upwards.

15.09.2024 - STT Stock was up 3.2%

• State Street Corporation (STT) performed well in the third quarter, surpassing analysts' forecasts for earnings per share. This strong financial performance is believed to have driven the stock's surge.
• Despite the news of the Chief Financial Officer's planned departure in 2025 causing initial uncertainty, the robust earnings results outshone this development.
• Investor confidence was likely bolstered by the emphasis on fee revenues driving earnings and considerations of how net interest revenues and expenses could impact the financials, indicating optimism about the company's future growth.
• Surpassing both earnings and revenue estimates, combined with positive forecasts from financial analysts, further solidified investor trust in State Street Corporation, contributing to the bullish trend in the market.

18.09.2023 - STT Stock was up 6.3%

• State Street (STT) had a strong bullish movement today.
• The positive market movement could be attributed to the upcoming earnings announcement, as investors anticipate positive results.
• The expectation of improved earnings is likely driven by factors such as higher revenue from investment management and trading services.
• The news articles mentioning lower interest-earning assets and subdued market volatility as potential challenges for State Street's earnings may have been overshadowed by positive market sentiment.

04.02.2025 - STT Stock was down 8.1%

• STT's decision to acquire Mizuho Financial's global custody business may have raised concerns among investors about potential integration challenges and associated costs, leading to a bearish sentiment.
• Scrutiny and concerns from the SEC regarding State Street and Apollo's private credit ETFs could have contributed to negative market movement, as regulatory uncertainties often unsettle investors.
• Despite the partnership between State Street and Apollo to launch a unique private credit ETF, regulatory hurdles highlighted by the SEC may have overshadowed positive news, impacting STT's stock performance negatively.

11.05.2024 - STT Stock was down 4.1%

• STT has recently adjusted its investment portfolio by decreasing stakes in companies such as Sandfire Resources while increasing stakes in National Australia Bank and Worley Limited.
• These portfolio changes imply a shift in STT's investment strategy, likely involving the sale of underperforming assets and the acquisition of shares in high-growth companies.
• The market is reacting negatively to these adjustments, perceiving them as a lack of confidence in certain sectors or companies. This sentiment could be influencing the bearish movement in STT's stock price today.

16.06.2024 - STT Stock was up 3.0%

• Second-quarter fiscal 2024 revenues for State Street Corporation (STT) surpassed expectations, driven by surging management fees and asset growth.
• The company's positive performance and potential future growth were highlighted by its earnings and revenue surprises for the quarter ending June 2024.
• State Street's total revenue growth exceeded forecasts due to a higher Net Interest Income (NII) and an increase in fee revenue.
• The favorable market movement for STT is a result of its robust financial performance, surpassing revenue estimates and showcasing investor confidence in its growth prospects.

10.03.2025 - STT Stock was up 5.3%

• State Street Corporation (STT) experienced a significant bullish movement due to positive market sentiment and expectations surrounding its upcoming earnings report.
• Analysts are optimistic about STT's earnings potential, with expectations of growth and a likely earnings beat in the next report.
• Despite concerns about lower net interest income (NII) and fee revenue, investors seem to be focusing more on the overall positive outlook for the company, driving the stock price higher.

17.06.2024 - STT Stock was up 5.1%

• State Street shares surged after a positive earnings report and receiving a price target boost from Evercore ISI, indicating strong financial performance and investor confidence.
• State Street's adjustment of its investments in Magellan Financial Group and Boss Energy might have signaled strategic portfolio adjustments that were positively received by investors.
• Despite challenges in the tech sector due to recent developments in China, State Street's strong performance and positive earnings call have contributed to its bullish movement, showcasing its ability to navigate market conditions successfully.

16.06.2024 - STT Stock was up 6.2%

• State Street stock was upgraded to hold with a raised price target, indicating positive sentiment from analysts.
• Despite a decrease in net income, State Street reported higher revenues in its Q2 results, which likely contributed to the bullish movement.
• The climb in State Street's stock price can also be attributed to the rise in assets and beating profit estimates, showcasing strong financial performance.
• Overall, the positive news surrounding State Street Corporation's financial results and analyst upgrades likely fueled the bullish market movement for the stock.

16.06.2024 - STT Stock was up 5.8%

• STT stock showed significant upward momentum today.
• Earnings per share surpassed expectations at $2.15, with revenue climbing 2.6% to $3.19 billion.
• CEO Ron O'Hanley cited asset inflows, increased income from securities and loans, and higher management fees as key factors driving the favorable financial results.
• The market responded favorably to the revenue growth, exceeding predictions, and the overall strong financial performance, prompting the rise in STT stock value.