Shutterstock, Inc. (SSTK)
NYSE: SSTK · IEX Real-Time Price · USD
40.56
-0.07 (-0.17%)
Apr 17, 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 70. The average target predicts an increase of 47.93% from the current stock price of 40.56.
Analyst Consensus: Buy
* Price targets were last updated on Feb 29, 2024.
Analyst Ratings
The average analyst rating for Shutterstock stock from 5 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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Needham | Needham | Strong Buy Reiterates $60 | Strong Buy | Reiterates | $60 | +47.93% | Feb 29, 2024 |
| Needham | Needham | Strong Buy Reiterates $60 | Strong Buy | Reiterates | $60 | +47.93% | Feb 23, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $85 → $70 | Strong Buy | Maintains | $85 → $70 | +72.58% | Feb 22, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Initiates $55 | Hold | Initiates | $55 | +35.60% | Feb 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $60 | Strong Buy | Reiterates | $60 | +47.93% | Feb 22, 2024 |
Financial Forecast
Revenue This Year
893.22M
from 874.59M
Increased by 2.13%
Revenue Next Year
963.40M
from 893.22M
Increased by 7.86%
EPS This Year
4.31
from 3.04
Increased by 41.70%
EPS Next Year
4.92
from 4.31
Increased by 14.21%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 934.9M | 1.0B | 1.1B | 1.2B | 1.3B |
| Avg | 893.2M | 963.4M | 1.1B | 1.2B | 1.3B |
| Low | 846.6M | 899.4M | 990.0M | 1.1B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.9% | 14.3% | 16.0% | 15.3% | 10.2% |
| Avg | 2.1% | 7.9% | 9.7% | 12.0% | 7.1% |
| Low | -3.2% | 0.7% | 2.8% | 7.7% | 2.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 4.46 | 5.34 | 5.49 | 7.59 | 9.05 |
| Avg | 4.31 | 4.92 | 4.35 | 7.37 | 8.79 |
| Low | 4.12 | 4.58 | 3.22 | 7.09 | 8.45 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.8% | 24.1% | 11.6% | 74.7% | 22.7% |
| Avg | 41.7% | 14.2% | -11.7% | 69.7% | 19.2% |
| Low | 35.4% | 6.2% | -34.5% | 63.1% | 14.5% |
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.