Shutterstock, Inc. (SSTK)
NYSE: SSTK · Real-Time Price · USD
30.92
-1.78 (-5.44%)
At close: Oct 7, 2024, 3:47 PM
30.83
-0.09 (-0.29%)
After-hours: Oct 7, 2024, 4:00 PM EDT
Shutterstock Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Shutterstock stock have an average target of 58.25, with a low estimate of 55 and a high estimate of 65. The average target predicts an increase of 88.39% from the current stock price of 30.92.
Analyst Consensus: Buy
* Price targets were last updated on Aug 7, 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 3 | 3 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Maintains $65 → $55 | Strong Buy | Maintains | $65 → $55 | +77.88% | Aug 7, 2024 |
| Needham | Needham | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | +110.22% | Aug 6, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $55 → $58 | Hold | Maintains | $55 → $58 | +87.58% | Jul 23, 2024 |
| Needham | Needham | Strong Buy Reiterates $65 | Strong Buy | Reiterates | $65 | +110.22% | May 14, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $70 → $65 | Strong Buy | Maintains | $70 → $65 | +110.22% | May 6, 2024 |
Financial Forecast
Revenue This Year
949.30M
from 874.59M
Increased by 8.54%
Revenue Next Year
1.09B
from 949.30M
Increased by 14.51%
EPS This Year
4.42
from 3.04
Increased by 45.45%
EPS Next Year
5.08
from 4.42
Increased by 14.80%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 982.4M | 1.2B | 1.2B | ||
| Avg | 949.3M | 1.1B | 1.1B | ||
| Low | 908.6M | 1.0B | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.3% | 21.6% | 11.0% | ||
| Avg | 8.5% | 14.5% | 2.0% | ||
| Low | 3.9% | 7.2% | -7.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.64 | 5.52 | 5.84 | ||
| Avg | 4.42 | 5.08 | 5.65 | ||
| Low | 4.17 | 4.68 | 5.41 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.7% | 24.9% | 15.0% | ||
| Avg | 45.5% | 14.8% | 11.3% | ||
| Low | 37.0% | 5.9% | 6.6% |
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.