Shutterstock Valuation

Is SSTK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SSTK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SSTK ($30.06) is trading below our estimate of fair value ($94.81)

Significantly Below Fair Value: SSTK is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for SSTK?

Key metric: As SSTK is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for SSTK. This is calculated by dividing SSTK's market cap by their current earnings.
What is SSTK's PE Ratio?
PE Ratio28.8x
EarningsUS$36.36m
Market CapUS$1.10b

Price to Earnings Ratio vs Peers

How does SSTK's PE Ratio compare to its peers?

The above table shows the PE ratio for SSTK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.4x
CARS Cars.com
28.7x22.1%US$1.2b
VMEO Vimeo
32.3x7.6%US$1.1b
GETY Getty Images Holdings
17.4x16.5%US$1.1b
VTEX VTEX
119.2x41.1%US$1.1b
SSTK Shutterstock
28.8x29.8%US$1.1b

Price-To-Earnings vs Peers: SSTK is good value based on its Price-To-Earnings Ratio (28.8x) compared to the peer average (49.4x).


Price to Earnings Ratio vs Industry

How does SSTK's PE Ratio compare vs other companies in the US Interactive Media and Services Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
YALA Yalla Group
5x5.9%US$703.79m
CHR Cheer Holding
0.8xn/aUS$27.05m
MI NFT
3.2xn/aUS$16.57m
No more companies available in this PE range
SSTK 28.8xIndustry Avg. 25.4xNo. of Companies4PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SSTK is expensive based on its Price-To-Earnings Ratio (28.8x) compared to the US Interactive Media and Services industry average (25.4x).


Price to Earnings Ratio vs Fair Ratio

What is SSTK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SSTK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.8x
Fair PE Ratio22.7x

Price-To-Earnings vs Fair Ratio: SSTK is expensive based on its Price-To-Earnings Ratio (28.8x) compared to the estimated Fair Price-To-Earnings Ratio (22.7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst SSTK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$30.06
US$48.25
+60.5%
20.0%US$56.00US$32.00n/a4
Dec ’25US$31.68
US$48.25
+52.3%
20.0%US$56.00US$32.00n/a4
Nov ’25US$32.13
US$48.25
+50.2%
20.0%US$56.00US$32.00n/a4
Oct ’25US$32.81
US$53.25
+62.3%
20.9%US$65.00US$35.00n/a4
Sep ’25US$35.88
US$53.25
+48.4%
20.9%US$65.00US$35.00n/a4
Aug ’25US$40.54
US$58.60
+44.5%
15.7%US$65.00US$41.00n/a5
Jul ’25US$37.38
US$58.00
+55.2%
16.0%US$65.00US$41.00n/a5
Jun ’25US$40.63
US$58.00
+42.8%
16.0%US$65.00US$41.00n/a5
May ’25US$42.44
US$57.80
+36.2%
17.6%US$70.00US$40.00n/a5
Apr ’25US$45.21
US$57.80
+27.8%
17.6%US$70.00US$40.00n/a5
Mar ’25US$50.08
US$57.80
+15.4%
17.6%US$70.00US$40.00n/a5
Feb ’25US$47.38
US$60.80
+28.3%
24.0%US$85.00US$40.00n/a5
Jan ’25US$48.28
US$60.80
+25.9%
24.0%US$85.00US$40.00n/a5
Dec ’24US$45.78
US$60.80
+32.8%
24.0%US$85.00US$40.00US$31.685
Nov ’24US$37.32
US$65.01
+74.2%
25.1%US$86.06US$40.00US$32.136
Oct ’24US$38.05
US$84.49
+122.1%
6.3%US$92.40US$76.00US$32.815
Sep ’24US$42.16
US$84.49
+100.4%
6.3%US$92.40US$76.00US$35.885
Aug ’24US$46.41
US$85.61
+84.5%
2.8%US$90.00US$83.00US$40.545
Jul ’24US$48.67
US$87.21
+79.2%
2.3%US$90.00US$84.00US$37.385
Jun ’24US$49.70
US$87.34
+75.7%
2.2%US$90.00US$84.00US$40.636
May ’24US$67.22
US$87.60
+30.3%
2.2%US$90.00US$84.00US$42.445
Apr ’24US$72.60
US$86.40
+19.0%
2.7%US$90.00US$84.00US$45.215
Mar ’24US$74.41
US$86.40
+16.1%
2.7%US$90.00US$84.00US$50.085
Feb ’24US$76.68
US$66.20
-13.7%
18.1%US$84.00US$47.00US$47.385
Jan ’24US$52.72
US$66.20
+25.6%
18.1%US$84.00US$47.00US$48.285
Dec ’23US$54.50
US$66.20
+21.5%
18.1%US$84.00US$47.00US$45.785

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 22:31
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Shutterstock, Inc. is covered by 20 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathaniel SchindlerBofA Global Research
Curtis NagleBofA Global Research
Youssef SqualiCantor Fitzgerald & Co.