Shutterstock, Inc. (SSTK)

Stock Price Forecast

According to 3 stock analysts, the average 12-month stock price forecast for Shutterstock stock is $81.33, which predicts an increase of 121.01%. The lowest target is $76 and the highest is $85. On average, analysts rate Shutterstock stock as a buy.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$76	$81.33	$83	$85
Change	+106.52%	+121.01%	+125.54%	+130.98%

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	Apr '23	May '23	Jun '23	Jul '23	Aug '23	Sep '23
Strong Buy	3	3	3	3	3	2
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Youssef Squali Truist Securities	Truist Securities	Strong Buy Reiterates $85	Strong Buy	Reiterates	$85	+130.98%	Sep 13, 2023
Youssef Squali Truist Securities	Truist Securities	Strong Buy Maintains $88 → $85	Strong Buy	Maintains	$88 → $85	+130.98%	Aug 2, 2023
Lauren Schenk Morgan Stanley	Morgan Stanley	Hold Maintains $88 → $83	Hold	Maintains	$88 → $83	+125.54%	Aug 2, 2023
Bernie McTernan Needham	Needham	Strong Buy Maintains $90 → $76	Strong Buy	Maintains	$90 → $76	+106.52%	Aug 2, 2023
Bernie McTernan Needham	Needham	Strong Buy Reiterates $90	Strong Buy	Reiterates	$90	+144.57%	Aug 1, 2023

Full Analyst Rating History

Financial Forecast

Revenue This Year

879.17M

Increased by 6.20%

from 827.83M

Revenue Next Year

919.63M

Increased by 4.60%

from 879.17M

EPS This Year

4.27

Increased by 105.31%

from 2.08

EPS Next Year

4.71

Increased by 10.35%

from 4.27

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	623.25M	650.52M	666.69M	773.42M	827.83M	879.17M	919.63M	974.29M	1.11B	1.19B
Revenue Growth	11.87%	4.38%	2.48%	16.01%	7.04%	6.20%	4.60%	5.94%	14.24%	7.19%
EPS	1.54	0.57	1.97	2.46	2.08	4.27	4.71	4.93	5.85	6.76
EPS Growth	227.66%	-62.99%	245.61%	24.87%	-15.45%	105.31%	10.35%	4.55%	18.84%	15.51%
No. Analysts	-	-	-	-	-	7	7	6	3	3

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2023	2024	2025	2026	2027
High	919.0M	983.6M	1.1B	1.1B	1.2B
Avg	879.2M	919.6M	974.3M	1.1B	1.2B
Low	836.9M	836.2M	882.6M	1.1B	1.1B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027
High	11.0%	11.9%	14.4%	17.6%	10.3%
Avg	6.2%	4.6%	5.9%	14.2%	7.2%
Low	1.1%	-4.9%	-4.0%	9.7%	3.0%

EPS Forecast

EPS	2023	2024	2025	2026	2027
High	4.65	4.94	5.45	6.03	6.96
Avg	4.27	4.71	4.93	5.85	6.76
Low	3.97	4.45	4.38	5.63	6.50

EPS Growth

EPS Growth	2023	2024	2025	2026	2027
High	123.6%	15.6%	15.6%	22.3%	18.9%
Avg	105.3%	10.4%	4.5%	18.8%	15.5%
Low	90.8%	4.2%	-7.0%	14.2%	11.0%

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.