The visitors sit just two places above Falmouth in the Peninsula League premier division having won their last two games - including a surprise 2-1 victory at home against high-flying Launceston.
And though victory against Penzance has injected some much-needed belief into his Falmouth side, Stephens knows Saturday’s game will be another stern test.
“They’ve run into a bit of form lately, they’re winning games,” he said. “Without a doubt it’s going to be another tough game but if we put in a good performance there’s no reason why we can’t beat them.”
After last week’s win confidence is high around Bickland Park, and though Stephens admits to knowing very little about Bovey, he’s convinced Town can get another positive result if they perform at the same level.
“I don’t worry too much about other teams,” he said, “I worry about how we are. And I think if we get our bit right we should be beating sides like them.
“The only thing that worries me is that we had a lot of chances on Friday to really put the game to bed, but we seem not to be able to do that at the minute. Maybe after a win we’ll realise that we have the ability to really finish teams off.
“But the important thing now is to gain momentum and to shape the squad in the way we play. You only have to look at where we were a few weeks ago to see how far we’ve come.”
But Stephens remains realistic about the club’s immediate prospects, and says he and co-manager Les Gilbert would see finishing in 14th as an achievement after such a tempestuous season.
“Considering the club was a rock bottom when we took over, I think finishing top of the bottom six would be a huge achievement.
“We’re not going to be chasing league titles overnight, but if we can consolidate over the next couple of seasons and bring in local lads then we’ll be going in the right direction.”
Falmouth Town host Bovey Tracey at Bickland Park on Saturday afternoon. Kickoff is at 3pm.