Shutterstock, Inc. (SSTK)
NYSE: SSTK · Real-Time Price · USD
30.10
+0.14 (0.47%)
Dec 20, 2024, 4:00 PM EST - Market closed
Shutterstock Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Shutterstock stock have an average target of 53.67, with a low estimate of 50 and a high estimate of 56. The average target predicts an increase of 78.31% from the current stock price of 30.10.
Analyst Consensus: Strong Buy
* Price targets were last updated on Oct 30, 2024.
Analyst Ratings
The average analyst rating for Shutterstock stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $65 → $56 | Strong Buy | Maintains | $65 → $56 | +86.05% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +82.72% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +82.72% | Oct 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $58 → $50 | Hold | Maintains | $58 → $50 | +66.11% | Oct 21, 2024 |
| Needham | Needham | Strong Buy Maintains $65 → $55 | Strong Buy | Maintains | $65 → $55 | +82.72% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
955.78M
from 874.59M
Increased by 9.28%
Revenue Next Year
1.08B
from 955.78M
Increased by 12.47%
EPS This Year
4.36
from 3.04
Increased by 43.38%
EPS Next Year
4.74
from 4.36
Increased by 8.66%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 987.0M | 1.1B | 1.2B | |||
| Avg | 955.8M | 1.1B | 1.1B | |||
| Low | 909.2M | 1.0B | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 12.9% | 17.6% | 11.6% | |||
| Avg | 9.3% | 12.5% | 3.5% | |||
| Low | 4.0% | 6.5% | -6.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 4.52 | 5.06 | 5.58 | |||
| Avg | 4.36 | 4.74 | 5.02 | |||
| Low | 4.17 | 4.24 | 4.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 48.5% | 16.1% | 17.7% | |||
| Avg | 43.4% | 8.7% | 6.1% | |||
| Low | 37.0% | -2.6% | -6.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.