Shutterstock, Inc. (SSTK)
NYSE: SSTK · Real-Time Price · USD
30.17
-0.29 (-0.95%)
Nov 21, 2024, 12:53 PM EST - Market open
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 77.89% from the current stock price of 30.17.
Analyst Consensus: Strong Buy
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 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 | +85.61% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +82.30% | Oct 30, 2024 |
| Needham | Needham | Strong Buy Reiterates $55 | Strong Buy | Reiterates | $55 | +82.30% | Oct 29, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $58 → $50 | Hold | Maintains | $58 → $50 | +65.73% | Oct 21, 2024 |
| Needham | Needham | Strong Buy Maintains $65 → $55 | Strong Buy | Maintains | $65 → $55 | +82.30% | 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 43.44%
EPS Next Year
4.93
from 4.36
Increased by 12.98%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|
| High | 4.52 | 5.13 | 5.58 | ||
| Avg | 4.36 | 4.93 | 5.02 | ||
| Low | 4.17 | 4.68 | 4.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 48.5% | 17.8% | 13.2% | ||
| Avg | 43.4% | 13.0% | 2.0% | ||
| Low | 37.0% | 7.4% | -9.7% |
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.