Shutterstock, Inc. (SSTK)
NYSE: SSTK · IEX Real-Time Price · USD
35.76
-1.62 (-4.33%)
Jul 2, 2024, 4:00 PM EDT - Market closed
Shutterstock Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Shutterstock stock have an average target of 60, with a low estimate of 55 and a high estimate of 65. The average target predicts an increase of 67.79% from the current stock price of 35.76.
Analyst Consensus: Buy
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for Shutterstock stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 5 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | +81.77% | May 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $70 → $65 | Strong Buy | Maintains | $70 → $65 | +81.77% | May 6, 2024 |
| Needham | Needham | Strong Buy Maintains $60 → $65 | Strong Buy | Maintains | $60 → $65 | +81.77% | May 3, 2024 |
| Needham | Needham | Strong Buy Reiterates $60 | Strong Buy | Reiterates | $60 | +67.79% | May 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $60 | Strong Buy | Reiterates | $60 | +67.79% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
941.49M
from 874.59M
Increased by 7.65%
Revenue Next Year
1.11B
from 941.49M
Increased by 17.47%
EPS This Year
4.49
from 3.04
Increased by 47.74%
EPS Next Year
5.30
from 4.49
Increased by 18.02%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 979.4M | 1.2B | 1.3B | 1.4B | 1.4B |
| Avg | 941.5M | 1.1B | 1.1B | 1.3B | 1.4B |
| Low | 872.6M | 952.6M | 1.0B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.0% | 30.1% | 17.5% | 21.9% | 7.2% |
| Avg | 7.6% | 17.5% | 3.5% | 14.5% | 4.1% |
| Low | -0.2% | 1.2% | -8.6% | 6.3% | 0.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.91 | 5.66 | 5.84 | 6.76 | 7.52 |
| Avg | 4.49 | 5.30 | 5.67 | 6.57 | 7.30 |
| Low | 4.17 | 4.79 | 5.45 | 6.31 | 7.02 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 61.6% | 26.0% | 10.1% | 19.2% | 14.5% |
| Avg | 47.7% | 18.0% | 7.0% | 15.8% | 11.2% |
| Low | 37.3% | 6.7% | 2.8% | 11.3% | 6.8% |
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.