Needham analyst Bernie McTernan reiterates Shutterstock (NYSE:SSTK) with a Buy and maintains $65 price target.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/22/2024 | $55.00 | Equal-Weight | Morgan Stanley |
| 10/19/2023 | $34.00 | Underperform | BofA Securities |
| 11/28/2022 | Mkt Outperform → Mkt Perform | JMP Securities | |
| 8/25/2022 | Buy | Redburn | |
| 7/28/2022 | $54.00 | Equal-Weight | Morgan Stanley |
| 2/11/2022 | $145.00 → $115.00 | Buy | Needham |
| 10/27/2021 | $120.00 → $145.00 | Buy | Needham |
| 7/28/2021 | $105.00 → $120.00 | Buy | Needham |
4 - Shutterstock, Inc. (0001549346) (Issuer)
3 - Shutterstock, Inc. (0001549346) (Issuer)
3 - Shutterstock, Inc. (0001549346) (Issuer)
NEW YORK, Oct. 29, 2024 /PRNewswire/ -- GIPHY, the world's largest library of GIFs and stickers, is partnering with TikTok, the leading destination for short-form mobile video to enhance the platform's direct messaging experience with AI-powered GIF recommendations. GIPHY is a wholly-owned subsidiary of Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies. This integration represents a dynamic convergence of self-expression and creative communication.By integra
Achieves Record Revenues and Adjusted EBITDA and Increases Guidance for 2024Announces Departure of CFO and Appointment of Incoming CFO NEW YORK, Oct. 29, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the third quarter ended September 30, 2024. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "Shutterstock generated record Revenu
NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its third quarter 2024 business and financial results on Tuesday, October 29, 2024, before the market opens. The company will host a conference call at 8:30 a.m. ET to discuss the results. The conference call is being webcast live and can be accessed by either visiting the Company's website at https://investor.shutterstock.com or clicking here for direct acc
Achieves Record Revenues and Adjusted EBITDA and Increases Guidance for 2024Announces Departure of CFO and Appointment of Incoming CFO NEW YORK, Oct. 29, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the third quarter ended September 30, 2024. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "Shutterstock generated record Revenu
NEW YORK, Oct. 7, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, will report its third quarter 2024 business and financial results on Tuesday, October 29, 2024, before the market opens. The company will host a conference call at 8:30 a.m. ET to discuss the results. The conference call is being webcast live and can be accessed by either visiting the Company's website at https://investor.shutterstock.com or clicking here for direct acc
NEW YORK, Aug. 6, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced financial results for the second quarter ended June 30, 2024. Commenting on the Company's performance, Paul Hennessy, the Company's Chief Executive Officer, said, "Shutterstock's second quarter results exceeded our expectations for revenue and adjusted EBITDA driven by exceptional growth in Data, Distribution and Services. We are thrilled
Morgan Stanley resumed coverage of Shutterstock with a rating of Equal-Weight and set a new price target of $55.00
BofA Securities resumed coverage of Shutterstock with a rating of Underperform and set a new price target of $34.00
JMP Securities downgraded Shutterstock from Mkt Outperform to Mkt Perform
SC 13G/A - Shutterstock, Inc. (0001549346) (Subject)
SC 13D/A - Shutterstock, Inc. (0001549346) (Subject)
SC 13G/A - Shutterstock, Inc. (0001549346) (Subject)
5 analysts have shared their evaluations of Shutterstock (NYSE:SSTK) during the recent three months, expressing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 1 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 4 0 0 0 0 Analysts have recently evaluated Shutterstock and provided 12-month price targets. The average target is $62.6, accompanied by a high estimate of $65.00 and a low estimate of $58.00. Observing a 0.97% in
Morgan Stanley analyst Brian Nowak maintains Shutterstock (NYSE:SSTK) with a Equal-Weight and raises the price target from $55 to $58.
-Reuters
8-K/A - Shutterstock, Inc. (0001549346) (Filer)
8-K - Shutterstock, Inc. (0001549346) (Filer)
10-Q - Shutterstock, Inc. (0001549346) (Filer)
4 - Shutterstock, Inc. (0001549346) (Issuer)
4 - Shutterstock, Inc. (0001549346) (Issuer)
NEW YORK, July 9, 2024 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform offering high-quality creative content for transformative brands, digital media and marketing companies, today announced that Jaime Teevan, Chief Scientist and Technical Fellow at Microsoft, has been appointed to the company's board of directors. Teevan is currently responsible for driving research-backed innovation in Microsoft's core products and previously held the role of Technical Advisor to Microsoft CEO Satya Nadella. Jaime Teevan, Chief Scientist
NEW YORK, Aug. 15, 2023 /PRNewswire/ -- Shutterstock, Inc. (NYSE:SSTK), a leading global creative platform offering high-quality content and full-service creative workflow solutions for transformative brands, digital media and marketing companies, today announced that Aimee Egan joined the Company's leadership team and Executive Committee as the Global Head of Enterprise, effective August 7, 2023. With more than 20 years of global executive experience in B2B sales, marketing and general management, Aimee will sit at the helm of Shutterstock's powerful Enterprise function, incl
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK) (the "Company"), a leading global creative platform for transformative brands and media companies, today announced that Sejal Amin is joining the Company's leadership team and Executive Committee as Chief Technology Officer (CTO), effective September 12, 2022. With more than 20 years of global leadership, product and technology experience, Sejal will deliver a technology vision and strategy that transforms Shutterstock's technology platform to deliver a new and unparalleled experience to customers and con