Shutterstock (SSTK) Stock Forecast, Price Target & Predictions
SSTK Stock Forecast
Shutterstock stock forecast is as follows: an average price target of $55.50 (represents a 84.39% upside from SSTK’s last price of $30.10) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.
SSTK Price Target
The average price target for Shutterstock (SSTK) is $55.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $56.00 to $55.00. This represents a potential 84.39% upside from SSTK's last price of $30.10.
SSTK Analyst Ratings
According to 4 Wall Street analysts, Shutterstock's rating consensus is 'Hold'. The analyst rating breakdown for SSTK stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 3 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Shutterstock Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Youssef Squali | Truist Financial | $56.00 | $31.95 | 75.27% | 86.05% |
| Jun 21, 2024 | Brian Nowak | Morgan Stanley | $55.00 | $39.09 | 40.72% | 82.72% |
| May 06, 2024 | Youssef Squali | Truist Financial | $65.00 | $39.24 | 65.65% | 115.95% |
| Apr 26, 2023 | Bernie McTernan | Needham | $90.00 | $65.96 | 36.45% | 199.00% |
| Oct 25, 2022 | Bernie McTernan | Needham | $70.00 | $51.63 | 35.57% | 132.56% |
| Oct 25, 2022 | Lauren Schenk | Morgan Stanley | $47.00 | $51.83 | -9.32% | 56.15% |
| Apr 30, 2022 | Bernie McTernan | Needham | $100.00 | $75.72 | 32.07% | 232.23% |
The latest Shutterstock stock forecast, released on Oct 30, 2024 by Youssef Squali from Truist Financial, set a price target of $56.00, which represents a 75.27% increase from the stock price at the time of the forecast ($31.95), and a 86.05% increase from SSTK last price ($30.10).
Shutterstock Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 3 |
| Avg Price Target | - | $56.00 | $58.67 |
| Last Closing Price | $30.10 | $30.10 | $30.10 |
| Upside/Downside | -100.00% | 86.05% | 94.92% |
In the current month, the average price target of Shutterstock stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Shutterstock's last price of $30.10. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 29, 2024 | Needham | Buy | Buy | Hold |
| Oct 21, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jul 23, 2024 | Needham | Buy | Buy | Hold |
| Jul 23, 2024 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Jun 21, 2024 | MoffettNathanson | Neutral | Neutral | Hold |
| May 02, 2024 | Needham | Buy | Buy | Hold |
| Feb 23, 2024 | Needham | Buy | Buy | Hold |
| Feb 23, 2024 | Morgan Stanley | Underperform | Underperform | Hold |
| Nov 01, 2023 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Nov 01, 2023 | Needham | Buy | Buy | Hold |
| May 24, 2023 | JMP Securities | Market Perform | Market Perform | Hold |
| Feb 10, 2023 | Needham | Buy | Buy | Hold |
| Nov 28, 2022 | JMP Securities | Market Perform | Downgrade | |
| Oct 25, 2022 | Needham | Buy | Buy | Hold |
| Oct 25, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Apr 30, 2022 | Needham | Buy | Buy | Hold |
Shutterstock's last stock rating was published by Needham on Oct 29, 2024. The company gave SSTK a "Buy" rating, the same as its previous rate.
Shutterstock Financial Forecast
Shutterstock Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $217.22M | $233.25M | $208.84M | $215.28M | $217.73M | $204.10M | $206.87M | $199.13M | $205.78M | $194.44M | $189.91M | $183.28M | $180.94M | $165.23M | $159.23M | $161.28M | $166.37M | $159.08M | $161.74M | $163.33M | $153.02M | $130.22M |
| Avg Forecast | $268.50M | $264.66M | $261.31M | $258.14M | $253.88M | $246.07M | $213.44M | $208.55M | $224.46M | $214.47M | $214.37M | $211.54M | $205.03M | $213.43M | $209.28M | $202.01M | $201.92M | $185.84M | $180.12M | $176.17M | $174.00M | $160.81M | $149.99M | $166.82M | $170.50M | $161.70M | $170.50M | $166.80M | $173.40M | $147.00M |
| High Forecast | $270.35M | $266.49M | $263.11M | $259.57M | $254.26M | $248.66M | $213.44M | $209.32M | $225.06M | $217.70M | $215.85M | $213.00M | $206.44M | $213.43M | $209.28M | $202.01M | $201.92M | $185.84M | $180.12M | $176.17M | $174.00M | $160.81M | $149.99M | $166.82M | $170.50M | $161.70M | $170.50M | $166.80M | $208.08M | $176.40M |
| Low Forecast | $265.88M | $262.08M | $258.76M | $256.70M | $253.50M | $243.49M | $213.44M | $207.79M | $223.86M | $212.40M | $212.27M | $209.48M | $203.03M | $213.43M | $209.28M | $202.01M | $201.92M | $185.84M | $180.12M | $176.17M | $174.00M | $160.81M | $149.99M | $166.82M | $170.50M | $161.70M | $170.50M | $166.80M | $138.72M | $117.60M |
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| Surprise % | - | - | - | - | - | - | - | - | 0.97% | 1.09% | 0.97% | 1.02% | 1.06% | 0.96% | 0.99% | 0.99% | 1.02% | 1.05% | 1.05% | 1.04% | 1.04% | 1.03% | 1.06% | 0.97% | 0.98% | 0.98% | 0.95% | 0.98% | 0.88% | 0.89% |
Shutterstock's average Quarter revenue forecast for Mar 24 based on 1 analysts is $208.55M, with a low forecast of $207.79M, and a high forecast of $209.32M. SSTK's average Quarter revenue forecast represents a -3.99% decrease compared to the company's last Quarter revenue of $217.22M (Dec 23).
Shutterstock EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| EBITDA | - | - | - | - | - | - | - | - | $2.12M | $17.19M | $8.71M | $59.27M | $63.61M | $46.95M | $41.92M | $46.25M | $29.15M | $33.91M | $44.70M | $45.75M | $42.59M | $37.93M | $33.55M | $16.81M | $21.22M | $15.64M | $17.06M | $20.91M | $54.85M | $17.71M |
| Avg Forecast | $49.60M | $48.90M | $48.28M | $47.69M | $46.90M | $45.46M | $39.43M | $48.39M | $41.47M | $39.62M | $39.60M | $43.99M | $18.81M | $35.55M | $34.86M | $39.99M | $33.63M | $30.96M | $30.00M | $30.19M | $28.98M | $26.79M | $24.98M | $13.76M | $28.40M | $26.93M | $28.40M | $24.40M | $61.30M | $19.74M |
| High Forecast | $49.95M | $49.23M | $48.61M | $47.95M | $46.97M | $45.94M | $39.43M | $58.06M | $41.58M | $40.22M | $39.88M | $52.79M | $22.58M | $35.55M | $34.86M | $47.99M | $33.63M | $30.96M | $30.00M | $36.23M | $28.98M | $26.79M | $24.98M | $16.51M | $28.40M | $26.93M | $28.40M | $29.28M | $73.56M | $23.69M |
| Low Forecast | $49.12M | $48.42M | $47.80M | $47.42M | $46.83M | $44.98M | $39.43M | $38.71M | $41.36M | $39.24M | $39.22M | $35.19M | $15.05M | $35.55M | $34.86M | $31.99M | $33.63M | $30.96M | $30.00M | $24.15M | $28.98M | $26.79M | $24.98M | $11.00M | $28.40M | $26.93M | $28.40M | $19.52M | $49.04M | $15.79M |
| Surprise % | - | - | - | - | - | - | - | - | 0.05% | 0.43% | 0.22% | 1.35% | 3.38% | 1.32% | 1.20% | 1.16% | 0.87% | 1.10% | 1.49% | 1.52% | 1.47% | 1.42% | 1.34% | 1.22% | 0.75% | 0.58% | 0.60% | 0.86% | 0.89% | 0.90% |
1 analysts predict SSTK's average Quarter EBITDA for Mar 24 to be $48.39M, with a high of $58.06M and a low of $38.71M. This is 2178.11% upper than Shutterstock's previous annual EBITDA (Dec 23) of $2.12M.
Shutterstock Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| Net Income | - | - | - | - | - | - | - | - | $-1.01M | $28.42M | $50.01M | $32.84M | $7.05M | $23.04M | $19.45M | $26.57M | $16.89M | $16.03M | $29.45M | $29.51M | $25.88M | $22.58M | $18.99M | $4.32M | $4.35M | $4.93M | $3.30M | $7.52M | $32.58M | $6.60M |
| Avg Forecast | $42.21M | $43.04M | $41.38M | $37.96M | $30.03M | $33.79M | $29.71M | $26.92M | $21.37M | $33.34M | $36.18M | $24.47M | $10.90M | $33.64M | $34.00M | $22.25M | $17.39M | $20.78M | $24.20M | $19.48M | $21.05M | $10.29M | $9.36M | $3.53M | $14.39M | $5.49M | $13.31M | $8.78M | $36.41M | $7.36M |
| High Forecast | $42.59M | $43.43M | $41.76M | $40.23M | $40.18M | $33.80M | $29.72M | $32.30M | $23.26M | $44.05M | $36.51M | $29.37M | $13.08M | $33.64M | $34.00M | $26.70M | $17.39M | $20.78M | $24.20M | $23.38M | $21.05M | $10.29M | $9.36M | $4.24M | $14.39M | $5.49M | $13.31M | $10.53M | $43.70M | $8.83M |
| Low Forecast | $41.68M | $42.49M | $40.86M | $35.68M | $16.23M | $33.78M | $29.70M | $21.53M | $19.49M | $17.29M | $35.72M | $19.58M | $8.72M | $33.64M | $34.00M | $17.80M | $17.39M | $20.78M | $24.20M | $15.58M | $21.05M | $10.29M | $9.36M | $2.83M | $14.39M | $5.49M | $13.31M | $7.02M | $29.13M | $5.89M |
| Surprise % | - | - | - | - | - | - | - | - | -0.05% | 0.85% | 1.38% | 1.34% | 0.65% | 0.68% | 0.57% | 1.19% | 0.97% | 0.77% | 1.22% | 1.52% | 1.23% | 2.19% | 2.03% | 1.22% | 0.30% | 0.90% | 0.25% | 0.86% | 0.89% | 0.90% |
Shutterstock's average Quarter net income forecast for Dec 23 is $21.37M, with a range of $19.49M to $23.26M. SSTK's average Quarter net income forecast represents a -24.80% decrease compared to the company's last Quarter net income of $28.42M (Sep 23).
Shutterstock SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| SG&A | - | - | - | - | - | - | - | - | $95.82M | $93.74M | $86.49M | $81.34M | $86.38M | $77.97M | $87.32M | $84.14M | $97.03M | $89.07M | $76.94M | $72.60M | $77.18M | $64.93M | $60.39M | $73.31M | $73.67M | $73.73M | $76.55M | $71.03M | $67.59M | $56.47M |
| Avg Forecast | $113.60M | $111.97M | $110.55M | $109.21M | $107.41M | $104.11M | $90.30M | $85.23M | $94.97M | $90.74M | $90.69M | $77.48M | $62.62M | $89.91M | $88.16M | $70.44M | $85.06M | $78.29M | $75.87M | $47.92M | $73.30M | $67.74M | $63.18M | $59.98M | $71.82M | $68.12M | $71.82M | $82.87M | $75.54M | $62.92M |
| High Forecast | $114.38M | $112.75M | $111.32M | $109.82M | $107.57M | $105.20M | $90.30M | $102.28M | $95.22M | $92.10M | $91.32M | $92.98M | $75.15M | $89.91M | $88.16M | $84.53M | $85.06M | $78.29M | $75.87M | $57.50M | $73.30M | $67.74M | $63.18M | $71.98M | $71.82M | $68.12M | $71.82M | $99.44M | $90.65M | $75.50M |
| Low Forecast | $112.49M | $110.88M | $109.47M | $108.61M | $107.25M | $103.01M | $90.30M | $68.19M | $94.71M | $89.86M | $89.81M | $61.99M | $50.10M | $89.91M | $88.16M | $56.35M | $85.06M | $78.29M | $75.87M | $38.33M | $73.30M | $67.74M | $63.18M | $47.99M | $71.82M | $68.12M | $71.82M | $66.29M | $60.44M | $50.34M |
| Surprise % | - | - | - | - | - | - | - | - | 1.01% | 1.03% | 0.95% | 1.05% | 1.38% | 0.87% | 0.99% | 1.19% | 1.14% | 1.14% | 1.01% | 1.52% | 1.05% | 0.96% | 0.96% | 1.22% | 1.03% | 1.08% | 1.07% | 0.86% | 0.89% | 0.90% |
Shutterstock's average Quarter SG&A projection for Mar 24 is $85.23M, based on 1 Wall Street analysts, with a range of $68.19M to $102.28M. The forecast indicates a -11.05% fall compared to SSTK last annual SG&A of $95.82M (Dec 23).
Shutterstock EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 2 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 | 12 | 16 | 19 | 19 |
| EPS | - | - | - | - | - | - | - | - | $-0.03 | $0.79 | $1.39 | $0.92 | $0.20 | $0.64 | $0.54 | $0.73 | $0.46 | $0.44 | $0.81 | $0.81 | $0.72 | $0.63 | $0.53 | $0.12 | $0.12 | $0.14 | $0.09 | $0.21 | $0.94 | $0.19 |
| Avg Forecast | $1.19 | $1.21 | $1.17 | $1.07 | $0.85 | $0.95 | $0.84 | $0.88 | $0.60 | $0.94 | $1.02 | $1.04 | $0.91 | $0.94 | $0.94 | $0.85 | $0.48 | $0.58 | $0.67 | $0.69 | $0.58 | $0.29 | $0.26 | $0.22 | $0.40 | $0.15 | $0.37 | $0.42 | $0.38 | $0.39 |
| High Forecast | $1.20 | $1.22 | $1.18 | $1.13 | $1.13 | $0.95 | $0.84 | $0.89 | $0.66 | $1.24 | $1.03 | $1.05 | $0.92 | $0.94 | $0.94 | $0.85 | $0.48 | $0.58 | $0.67 | $0.69 | $0.58 | $0.29 | $0.26 | $0.22 | $0.40 | $0.15 | $0.37 | $0.42 | $0.46 | $0.47 |
| Low Forecast | $1.17 | $1.20 | $1.15 | $1.01 | $0.46 | $0.95 | $0.84 | $0.87 | $0.55 | $0.49 | $1.01 | $1.02 | $0.90 | $0.94 | $0.94 | $0.85 | $0.48 | $0.58 | $0.67 | $0.69 | $0.58 | $0.29 | $0.26 | $0.22 | $0.40 | $0.15 | $0.37 | $0.42 | $0.30 | $0.31 |
| Surprise % | - | - | - | - | - | - | - | - | -0.05% | 0.84% | 1.36% | 0.89% | 0.22% | 0.68% | 0.57% | 0.85% | 0.95% | 0.76% | 1.20% | 1.17% | 1.23% | 2.20% | 2.04% | 0.55% | 0.30% | 0.92% | 0.24% | 0.50% | 2.47% | 0.49% |
According to 2 Wall Street analysts, Shutterstock's projected average Quarter EPS for Dec 23 is $0.60, with a low estimate of $0.55 and a high estimate of $0.66. This represents a -23.73% decrease compared to SSTK previous annual EPS of $0.79 (Sep 23).
Shutterstock Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GETY | Getty Images | $2.57 | $5.00 | 94.55% | Buy |
| EVER | EverQuote | $17.35 | $33.63 | 93.83% | Buy |
| ANGI | Angi | $1.73 | $3.25 | 87.86% | Buy |
| SSTK | Shutterstock | $31.63 | $55.50 | 75.47% | Hold |
| SEAT | Vivid Seats | $3.58 | $6.00 | 67.60% | Buy |
| THRY | Thryv | $15.04 | $25.00 | 66.22% | Buy |
| IAC | Match Group | $44.11 | $68.00 | 54.16% | Buy |
| MTCH | Match Group | $31.58 | $43.89 | 38.98% | Buy |
| BIDU | Baidu | $90.18 | $115.00 | 27.52% | Buy |
| SNAP | Snap | $11.18 | $13.12 | 17.35% | Hold |
| OPRA | Opera | $19.81 | $21.00 | 6.01% | Buy |
| FVRR | Fiverr | $33.57 | $32.00 | -4.68% | Buy |
| TWLO | Twilio | $109.76 | $97.38 | -11.28% | Buy |
| YELP | Yelp | $39.68 | $34.00 | -14.31% | Buy |