
Shutterstock (SSTK) Stock Forecast & Price Target
Shutterstock (SSTK) Analyst Ratings
Bulls say
Shutterstock Inc. is expected to witness revenue upside alongside further modest margin expansion, which is projected to lead to higher-than-anticipated EBITDA margins. Additionally, the company is likely to benefit from a significant increase in data revenue, projected to grow by 15% in 2024, coupled with a successful transition of its user base to a subscription model, all contributing to improved financial health. The potential for accelerated advertising growth within a robust economic backdrop presents an optimistic outlook for digital content market share, positioning Shutterstock for continued success.
Bears say
Shutterstock Inc reported fourth-quarter results that fell short of expectations, with revenues down 1% and adjusted EBITDA declining 2%, primarily due to disappointing organic content revenue and a continued drop in DDS revenue. The company is facing challenges stemming from recent royalty changes, which have resulted in a significant loss of licensable content and a corresponding decrease in customer demand and satisfaction. Additionally, Shutterstock's struggle to transform its market identity beyond a stock image provider has hindered its growth potential, particularly in the realms of 3D imagery and digital editing tools, leaving it vulnerable to broader declines in advertising spending that could further impact demand for its content offerings.
This aggregate rating is based on analysts' research of Shutterstock and is not a guaranteed prediction by Public.com or investment advice.
Shutterstock (SSTK) Analyst Forecast & Price Prediction
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