Shutterstock, Inc. (SSTK)
|Net Income (ttm)||82.37M|
|Ex-Dividend Date||Mar 1, 2023|
|Day's Range||48.76 - 49.90|
|52-Week Range||44.61 - 81.23|
|Price Target||88.67 (+78.48%)|
|Earnings Date||Apr 25, 2023|
Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social med... [Read more]
In 2022, Shutterstock's revenue was $827.83 million, an increase of 7.04% compared to the previous year's $773.42 million. Earnings were $76.10 million, a decrease of -17.17%.Financial Statements
According to 5 analysts, the average rating for SSTK stock is "Strong Buy." The 12-month stock price forecast is $88.67, which is an increase of 78.48% from the latest price.
Facebook Parent Meta Sells Giphy To Shutterstock For $53 Million Under Pressure From UK Regulator
Shutterstock is said today it's buying Gipy from Meta Platforms for $53 million in cash with the deal expected to close in June. Giphy has world's largest collection of GIFs and stickers. The U.K.
Meta Sells Giphy To Shutterstock For $53 Million In UK Regulator Ordered Sale
Shutterstock shares advanced in early trading on Tuesday morning after the provider of stock footage said it was buying animated images platform Giphy from Meta Platforms (META) for $53 million.
Meta Sells Giphy to Shutterstock, Ending U.K. Antitrust Fight
The photo repository company is paying Facebook's parent $53 million, hundreds of millions less that what Meta paid.
Vyond Announces Shutterstock Integration To Add Millions of New Visual and Audio Assets into its Video Creation Platform
SAN MATEO, Calif.--(BUSINESS WIRE)--Vyond, the leader in AI-powered video creation, today announced an API integration with Shutterstock, the leading global creative platform. Vyond users will be able...
Meta sells Giphy to Shutterstock at a loss in a $53 million deal
Meta acquired the popular platform in 2020 for $315 million but was ordered to divest the company by the U.K.'s competition authority.
Shutterstock to buy Giphy from Meta Platforms for $53 million in cash
Shares of Shutterstock Inc. SSTK, +3.55% rallied 4.4% in premarket trading Tuesday, after the digital media and marketing company announced an agreement to buy GIF and stickers company Giphy Inc. from...
Shutterstock to Acquire GIPHY, the World's Largest GIF Library and Search Engine
Adds a mobile content platform with 1.7 billion daily users and global partners including Instagram, Facebook, WhatsApp, Microsoft, TikTok, Samsung, Twitter, Slack and Discord NEW YORK , May 23, 2023 ...
Shutterstock and ITU's AI for Good Collaborate to Advance Responsible AI
Global Creative Platform and AI Leader Forges Path for Tech Community to Develop and Integrate Responsible AI Practices and Procedures NEW YORK , May 17, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE:...
Shutterstock Reports First Quarter 2023 Financial Results
NEW YORK , April 25, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a premier partner for transformative brands, newsrooms and media companies, today announced financial results...
Shutterstock To Report First Quarter 2023 Earnings Results on April 25, 2023
NEW YORK , April 6, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service creative workflow solutions and high-quality content for transformati...
Shutterstock Teams With NVIDIA to Build AI Foundation Models for Generative 3D Artist Tools
Customized Shutterstock content trained with NVIDIA Picasso generative AI cloud service to use text prompts to rapidly generate 3D content for industrial digital twins, entertainment and gaming NEW YO...
Shutterstock Reports Fourth Quarter and Full Year 2022 Financial Results
NEW YORK , Feb. 9, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a global creative platform for transformative brands and media companies, today announced financial results for...
Shutterstock to Host Investor Day on February 28, 2023 in Extended Reality from its Global Headquarters at the Empire State Building
NEW YORK , Feb. 2, 2023 /PRNewswire/ -- Shutterstock (NYSE: SSTK), the leading creative platform for transformative brands and media companies globally, will host its Investor Day on Tuesday, February...
Shutterstock raises quarterly dividend by 13% to 27 cents a share
Shutterstock Inc. SSTK, +3.88% said Tuesday its board has agreed to raise its quarterly dividend by 13% to 27 cents a share. The new dividend will be payable March 15 to shareholders of record as of M...
Shutterstock Increases Quarterly Dividend by 13% to $0.27 per share
NEW YORK , Jan. 31, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), the end-to-end creative partner that supercharges storytelling with creative and technological innovation, tod...
Stripe eyes an exit, Dell bets on the cloud, and Shutterstock embraces generative AI
Hey, party people, it's Kyle, continuing to step in for Greg to write Week in Review as he spends time with his newborn. Dunno about y'all, but it's been a week.
After inking its OpenAI deal, Shutterstock rolls out a generative AI toolkit to create images based on text prompts
When Shutterstock and OpenAI announced a partnership to help develop OpenAI's Dall-E 2 artificial intelligence image-generating platform with Shutterstock libraries to train and feed the algorithm, th...
Shutterstock Introduces Generative AI to its All-In-One Creative Platform
Our AI image generator allows anyone to create high-quality visuals by simply describing what they're looking for — worry-free, one-of-a-kind, and ready in seconds NEW YORK , Jan. 25, 2023 /PRNewswir...
Why are Getty and Shutterstock on opposite sides of the AI legal debate?
It has become clear that Getty and Shutterstock have diverged in their efforts to deal with the escalating legal issues around generative AI.
Shutterstock To Report Fourth Quarter 2022 Earnings Results on February 9, 2023
NEW YORK , Jan. 13, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and creative workflow solutions for...
Shutterstock Expands Long-standing Relationship with Meta
Shutterstock to provide content for Meta's continued investment in AI NEW YORK , Jan. 12, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), the leading global creative platform for transformative ...
Shutterstock Joins the Value Stream Management Consortium as a Leader Member
NEW YORK , Jan. 10, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), the leading global creative platform for transformative brands and media companies, has joined the Value Stream Management Con...
Shutterstock Joins Forces with LG AI Research to Advance AI Technology to Revolutionize the Creative Journey
By developing responsibly made AI tools built with designers and marketers in mind, Shutterstock leads the charge in streamlining the creative process for all Through its Contributor Fund, Shutterstoc...
Shutterstock to integrate OpenAI's DALL-E 2 and launch fund for contributor artists
Stock image giant Shutterstock has announced a major push into AI generated imagery today in partnership with OpenAI, expanding on a strategic tie-up the pair announced last year.
Shutterstock Reports Third Quarter 2022 Financial Results
NEW YORK , Oct. 25, 2022 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), the leading global creative platform for transformative brands and media companies, today announced financial ...