Shutterstock (SSTK) Stock Forecast, Price Target & Predictions


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SSTK Stock Forecast


Shutterstock stock forecast is as follows: an average price target of $70.00 (represents a 99.26% upside from SSTK’s last price of $35.13) 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 $70.00 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $90.00 to $55.00. This represents a potential 99.26% upside from SSTK's last price of $35.13.

SSTK Analyst Ratings


Hold

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 21, 2024Brian NowakMorgan Stanley$55.00$39.0940.72%56.56%
May 06, 2024Youssef SqualiTruist Financial$65.00$39.2465.65%85.03%
Apr 26, 2023Bernie McTernanNeedham$90.00$65.9636.45%156.19%
Oct 25, 2022Bernie McTernanNeedham$70.00$51.6335.57%99.26%
Oct 25, 2022Lauren SchenkMorgan Stanley$47.00$51.83-9.32%33.79%
Apr 30, 2022Bernie McTernanNeedham$100.00$75.7232.07%184.66%
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The latest Shutterstock stock forecast, released on Jun 21, 2024 by Brian Nowak from Morgan Stanley, set a price target of $55.00, which represents a 40.72% increase from the stock price at the time of the forecast ($39.09), and a 56.56% increase from SSTK last price ($35.13).

Shutterstock Price Target by Period


1M3M12M
# Anlaysts-12
Avg Price Target-$55.00$60.00
Last Closing Price$35.13$35.13$35.13
Upside/Downside-100.00%56.56%70.79%

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 $35.13. 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


DateCompanyPrevious RatingNew RatingRating Change
Jul 23, 2024NeedhamBuyBuyHold
Jul 23, 2024Morgan StanleyEqual-WeightEqual-WeightHold
Jun 21, 2024MoffettNathansonNeutralNeutralHold
May 02, 2024NeedhamBuyBuyHold
Feb 23, 2024NeedhamBuyBuyHold
Feb 23, 2024Morgan StanleyUnderperformUnderperformHold
Nov 01, 2023Morgan StanleyEqual-WeightEqual-WeightHold
Nov 01, 2023NeedhamBuyBuyHold
May 24, 2023JMP SecuritiesMarket PerformMarket PerformHold
Feb 10, 2023NeedhamBuyBuyHold
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Shutterstock's last stock rating was published by Needham on Jul 23, 2024. The company gave SSTK a "Buy" rating, the same as its previous rate.

Shutterstock Financial Forecast


Shutterstock Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
Revenue--------$217.22M$233.25M$208.84M$215.28M$217.73M$204.10M-$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$162.07M$151.57M
Avg Forecast$260.20M$259.10M$265.85M$264.05M$255.43M$240.90M$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$131.86M$147.59M
High Forecast$262.16M$261.05M$267.85M$266.03M$257.34M$251.20M$215.04M$210.12M$225.06M$217.70M$215.98M$213.13M$206.57M$215.03M$209.28M$206.91M$206.81M$190.35M$184.49M$180.45M$178.22M$164.71M$153.63M$170.87M$174.64M$165.62M$174.64M$170.85M$158.23M$177.10M
Low Forecast$257.07M$255.98M$262.65M$260.87M$252.35M$230.61M$210.87M$206.04M$223.86M$212.40M$211.79M$209.00M$202.56M$210.86M$209.28M$198.99M$198.90M$183.07M$177.42M$173.54M$171.40M$158.41M$147.75M$164.33M$167.95M$159.29M$167.95M$164.31M$105.48M$118.07M
# Analysts1111131124221111222101010101099992019
Surprise %--------0.97%1.09%0.97%1.02%1.06%0.96%-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%1.23%1.03%

Shutterstock's average Quarter revenue forecast for Mar 24 based on 1 analysts is $208.55M, with a low forecast of $206.04M, and a high forecast of $210.12M. 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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131124221111222101010101099992019
EBITDA--------$2.12M$17.19M$8.71M$59.27M$63.61M$46.95M-$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$28.41M$18.62M
Avg Forecast$43.34M$43.16M$44.28M$43.98M$42.55M$40.13M$35.55M$48.39M$37.39M$35.72M$35.71M$43.99M$34.15M$33.33M$34.86M$39.99M$14.87M$30.30M$30.28M$30.19M$21.08M$28.77M$14.19M$13.76M$28.65M$6.69M$15.96M$24.40M$21.90M$18.12M
High Forecast$43.67M$43.48M$44.62M$44.31M$42.87M$41.84M$35.82M$58.06M$37.49M$36.26M$35.98M$52.79M$34.41M$40.00M$34.86M$47.99M$17.85M$36.36M$36.34M$36.23M$25.30M$34.53M$17.03M$16.51M$34.38M$8.03M$19.15M$29.28M$26.27M$21.74M
Low Forecast$42.82M$42.64M$43.75M$43.45M$42.03M$38.41M$35.12M$38.71M$37.29M$35.38M$35.28M$35.19M$33.74M$26.66M$34.86M$31.99M$11.90M$24.24M$24.22M$24.15M$16.87M$23.02M$11.35M$11.00M$22.92M$5.35M$12.77M$19.52M$17.52M$14.50M
Surprise %--------0.06%0.48%0.24%1.35%1.86%1.41%-1.16%1.96%1.12%1.48%1.52%2.02%1.32%2.36%1.22%0.74%2.34%1.07%0.86%1.30%1.03%

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131124221111222101010101099992019
Net Income--------$-1.01M$28.42M$50.01M$32.84M$7.05M$23.04M-$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$14.91M$7.45M
Avg Forecast$47.50M$47.86M$34.72M$33.64M$33.82M$34.27M$30.13M$26.92M$21.68M$29.15M$36.70M$24.47M$32.74M$15.76M$34.08M$22.25M$8.62M$14.32M$19.95M$19.48M$12.81M$17.13M$8.03M$3.53M$5.88M$2.11M$3.09M$8.78M$11.50M$7.25M
High Forecast$47.96M$48.32M$35.06M$33.97M$34.15M$35.80M$30.43M$32.30M$23.59M$38.50M$37.06M$29.37M$33.06M$18.91M$34.08M$26.70M$10.34M$17.19M$23.94M$23.38M$15.37M$20.56M$9.64M$4.24M$7.05M$2.53M$3.70M$10.53M$13.79M$8.69M
Low Forecast$46.75M$47.11M$34.18M$33.12M$33.29M$32.44M$29.66M$21.53M$19.77M$15.11M$36.13M$19.58M$32.23M$12.60M$34.08M$17.80M$6.89M$11.46M$15.96M$15.58M$10.25M$13.70M$6.43M$2.83M$4.70M$1.69M$2.47M$7.02M$9.20M$5.80M
Surprise %---------0.05%0.98%1.36%1.34%0.22%1.46%-1.19%1.96%1.12%1.48%1.52%2.02%1.32%2.36%1.22%0.74%2.34%1.07%0.86%1.30%1.03%

Shutterstock's average Quarter net income forecast for Dec 23 is $21.68M, with a range of $19.77M to $23.59M. SSTK's average Quarter net income forecast represents a -23.72% decrease compared to the company's last Quarter net income of $28.42M (Sep 23).

Shutterstock SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131124221111222101010101099992019
SG&A--------$95.82M$93.74M$86.49M$81.34M$86.38M$77.97M-$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$65.92M$64.38M
Avg Forecast$109.61M$109.15M$111.99M$111.23M$107.60M$101.48M$89.91M$85.23M$94.55M$90.34M$90.30M$77.48M$86.37M$87.55M$88.16M$70.44M$49.50M$79.60M$52.12M$47.92M$38.20M$49.26M$25.55M$59.98M$99.45M$31.54M$71.61M$82.87M$50.81M$62.64M
High Forecast$110.43M$109.97M$112.83M$112.07M$108.41M$105.82M$90.59M$102.28M$94.81M$91.70M$90.98M$92.98M$87.02M$105.07M$88.16M$84.53M$59.40M$95.51M$62.54M$57.50M$45.84M$59.11M$30.66M$71.98M$119.34M$37.85M$85.93M$99.44M$60.97M$75.17M
Low Forecast$108.29M$107.83M$110.64M$109.89M$106.30M$97.14M$88.83M$68.19M$94.30M$89.47M$89.21M$61.99M$85.33M$70.04M$88.16M$56.35M$39.60M$63.68M$41.69M$38.33M$30.56M$39.41M$20.44M$47.99M$79.56M$25.23M$57.29M$66.29M$40.65M$50.11M
Surprise %--------1.01%1.04%0.96%1.05%1.00%0.89%-1.19%1.96%1.12%1.48%1.52%2.02%1.32%2.36%1.22%0.74%2.34%1.07%0.86%1.30%1.03%

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 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18
# Analysts1111131124221111222101010101099992019
EPS--------$-0.03$0.79$1.39$0.92$0.20$0.64-$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$0.43$0.21
Avg Forecast$1.32$1.33$0.96$0.94$0.94$0.95$0.84$0.88$0.60$0.81$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$0.37$0.36
High Forecast$1.33$1.34$0.97$0.94$0.95$1.00$0.85$0.89$0.66$1.07$1.03$1.05$0.92$0.94$0.94$0.88$0.50$0.60$0.69$0.72$0.60$0.30$0.27$0.23$0.41$0.16$0.38$0.44$0.44$0.43
Low Forecast$1.30$1.31$0.95$0.92$0.93$0.90$0.82$0.87$0.55$0.42$1.00$1.02$0.90$0.92$0.94$0.84$0.47$0.57$0.66$0.68$0.57$0.28$0.25$0.22$0.39$0.15$0.36$0.41$0.30$0.29
Surprise %---------0.05%0.98%1.36%0.89%0.22%0.68%-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%1.16%0.58%

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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SNAPSnap$9.42$29.26210.62%Hold
TWLOTwilio$60.10$186.27209.93%Buy
ANGIAngi$2.71$6.66145.76%Buy
BIDUBaidu$85.39$187.18119.21%Buy
MTCHMatch Group$35.94$75.33109.60%Buy
IACMatch Group$53.47$107.43100.92%Buy
SSTKShutterstock$35.13$70.0099.26%Hold
GETYGetty Images$3.58$6.5783.52%Buy
FVRRFiverr$24.86$43.1373.49%Buy
SEATVivid Seats$4.18$6.9265.55%Buy
OPRAOpera$14.80$21.0041.89%Buy
EVEREverQuote$22.28$27.9225.31%Buy
PGRUPropertyGuru$6.61$7.5013.46%Buy
YELPYelp$33.85$35.394.55%Buy

SSTK Forecast FAQ


No, according to 4 Wall Street analysts, Shutterstock (SSTK) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of SSTK's total ratings.

Shutterstock (SSTK) average price target is $70 with a range of $55 to $90, implying a 99.26% from its last price of $35.13. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for SSTK stock, the company can go up by 99.26% (from the last price of $35.13 to the average price target of $70), up by 156.19% based on the highest stock price target, and up by 56.56% based on the lowest stock price target.

SSTK's average twelve months analyst stock price target of $70 supports the claim that Shutterstock can reach $50 in the near future.

Shutterstock's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $918.31M (high $933.71M, low $899.86M), average EBITDA is $166.61M (high $178.59M, low $154.28M), average net income is $125.15M (high $132.69M, low $116.93M), average SG&A $384.22M (high $407.09M, low $360.46M), and average EPS is $3.61 (high $3.68, low $3.52). SSTK's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $1.05B (high $1.06B, low $1.04B), average EBITDA is $174.77M (high $176.08M, low $172.66M), average net income is $163.72M (high $165.32M, low $161.15M), average SG&A $441.98M (high $445.3M, low $436.65M), and average EPS is $4.55 (high $4.59, low $4.48).

Based on Shutterstock's last annual report (Dec 2023), the company's revenue was $874.59M, beating the average analysts forecast of $864.84M by 1.13%. Apple's EBITDA was $68.4M, missing the average prediction of $152.81M by -55.24%. The company's net income was $110.27M, missing the average estimation of $112M by -1.54%. Apple's SG&A was $357.4M, beating the average forecast of $352.68M by 1.34%. Lastly, the company's EPS was $3.04, missing the average prediction of $3.47 by -12.39%. In terms of the last quarterly report (Dec 2023), Shutterstock's revenue was $217.22M, missing the average analysts' forecast of $224.46M by -3.23%. The company's EBITDA was $2.12M, missing the average prediction of $37.39M by -94.32%. Shutterstock's net income was $-1.006M, missing the average estimation of $21.68M by -104.64%. The company's SG&A was $95.82M, beating the average forecast of $94.55M by 1.34%. Lastly, the company's EPS was $-0.028, missing the average prediction of $0.603 by -104.65%