SSTK Stock Analysis: Shutterstock | NYSE
Internet Content & Information | NYSE, USA | Market Cap: 141m USD | 12M Return: -77.9% | US8256901005 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.90M
EPS Trend: -85.2%
Qual. Beats: 1
Rev. Trend: 65.3%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Shutterstock, Inc. (NYSE: SSTK) is a global content platform that connects brands and businesses with high-quality visual and audio assets across North America, Europe, and other international markets. The company generates revenue primarily through subscription-based and on-demand licensing of its content library, a standard model in the stock media industry. Its offerings include images, video footage, music, 3D models, and generative AI content, serving a diverse customer base ranging from individual creators to large enterprises.
The company markets its services under multiple brands, including Shutterstock, Envato, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, and Bigstock, allowing it to target different customer segments and creative use cases. This multi-brand portfolio reflects a common consolidation strategy in the digital content space, where acquirers maintain distinct brand identities to preserve customer loyalty and SEO equity following acquisitions.
Founded in 2003 and headquartered in New York, Shutterstock operates within the GICS Communication Services sector and the Interactive Media & Services sub-industry. The stock media industry has faced significant pressure in recent years from the rise of generative AI tools, which have disrupted traditional licensing models and intensified competition from both startups and large technology platforms.
- Generative AI competition erodes subscription image pricing
- Enterprise marketing spend weakness pressures customer retention
- AI licensing deals and Envato integration diversify revenue mix
| Net Income: -206.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 8.10 > 1.0 |
| NWC/Revenue: -34.09% < 20% (prev -32.22%; Δ -1.87% < -1%) |
| CFO/TA 0.12 > 3% & CFO 132.6m > Net Income -206.1m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.48 > 1.5 & < 3 |
| Outstanding Shares: last quarter (36.7m) vs 12m ago 2.07% < -2% |
| Gross Margin: 56.69% > 18% (prev 58.07%; Δ -1.38% > 0.5%) |
| Asset Turnover: 73.02% > 50% (prev 73.41%; Δ -0.40% > 0%) |
| Interest Coverage Ratio: -5.41 > 6 (EBIT TTM -164.4m / Interest Expense TTM 30.4m) |
| A: -0.28 (Total Current Assets 279.5m - Total Current Liabilities 586.8m) / Total Assets 1.09b |
| B: 0.10 (Retained Earnings 105.7m / Total Assets 1.09b) |
| C: -0.13 (EBIT TTM -164.4m / Avg Total Assets 1.23b) |
| D: 0.50 (Book Value of Equity 363.7m / Total Liabilities 728.6m) |
| Altman-Z'' = -1.90 = D |
| DSRI: 0.76 (Receivables 102.3m/151.8m, Revenue 901.3m/1.01b) |
| GMI: 1.02 (GM 58.07% / 56.69%) |
| AQI: 0.94 (AQ_t 0.68 / AQ_t-1 0.72) |
| SGI: 0.89 (Revenue 901.3m / 1.01b) |
| TATA: -0.31 (NI -206.1m - CFO 132.6m) / TA 1.09b) |
| Beneish M = -3.35 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at USD 4.47 with a total of 1,011,757 shares traded. Over the past week, the price has changed by +5.92%, over one month by -13.54%, over three months by -48.74% and over the past year by -77.87%.
Current recommended Stop Loss: 4.10 (which is 8.3% or 1.2 ATR below the current price).
Shutterstock has no consensus analysts rating.
| Analysts Target Price | 28.9 | 545.4% |
P/E Forward = 42.1941
P/S = 0.1562
P/B = 0.4369
P/EG = 2.65
Revenue TTM = 901.3m USD
EBIT TTM = -164.4m USD
EBITDA TTM = -94.7m USD
Long Term Debt = 115.2m USD (from longTermDebt, last quarter)
Short Term Debt = 158.1m USD (from shortTermDebt, last quarter)
Debt = 300.3m USD (from shortLongTermDebtTotal, last quarter) + Leases 13.5m
Net Debt = 167.1m USD (calculated: Debt 300.3m - CCE 133.2m)
Enterprise Value = 307.9m USD (140.8m + Debt 300.3m - CCE 133.2m)
Interest Coverage Ratio = -5.41 (Ebit TTM -164.4m / Interest Expense TTM 30.4m)
EV/FCF = 3.47x (Enterprise Value 307.9m / FCF TTM 88.8m)
FCF Yield = 28.85% (FCF TTM 88.8m / Enterprise Value 307.9m)
FCF Margin = 9.85% (FCF TTM 88.8m / Revenue TTM 901.3m)
Net Margin = -22.87% (Net Income TTM -206.1m / Revenue TTM 901.3m)
Gross Margin = 56.69% ((Revenue TTM 901.3m - Cost of Revenue TTM 390.4m) / Revenue TTM)
Gross Margin QoQ = 57.72% (prev 52.41%)
Tobins Q-Ratio = 0.28 (Enterprise Value 307.9m / Total Assets 1.09b)
Interest Expense / Debt = 10.12% (Interest Expense 30.4m / Debt 300.3m)
Taxrate = 39.61% (29.8m / 75.3m)
NOPAT = -99.3m (EBIT -164.4m * (1 - 39.61%)) [loss with tax shield]
Current Ratio = 0.48 (Total Current Assets 279.5m / Total Current Liabilities 586.8m)
Debt / Equity = 0.83 (Debt 300.3m / totalStockholderEquity, last quarter 363.7m)
Debt / EBITDA = -1.77 (negative EBITDA) (Net Debt 167.1m / EBITDA -94.7m)
Debt / FCF = 1.88 (Net Debt 167.1m / FCF TTM 88.8m)
Total Stockholder Equity = 517.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -16.70% (Net Income -206.1m / Total Assets 1.09b)
RoE = -39.81% (Net Income TTM -206.1m / Total Stockholder Equity 517.8m)
RoCE = -25.97% (EBIT -164.4m / Capital Employed (Equity 517.8m + L.T.Debt 115.2m))
RoIC = -16.05% (negative operating profit) (NOPAT -99.3m / Invested Capital 618.5m)
WACC = 7.34% (E(140.8m)/V(441.1m) * Re(9.96%) + D(300.3m)/V(441.1m) * Rd(10.12%) * (1-Tc(0.40)))
Discount Rate = 9.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 44.52 | Cagr: 0.78%
[DCF] Terminal Value 77.97% ; FCFF base≈53.5m ; Y1≈61.3m ; Y5≈90.2m
[DCF] Fair Price = 32.22 (EV 1.36b - Net Debt 167.1m = Equity 1.19b / Shares 36.9m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -85.22 | EPS CAGR: -14.58% | SUE: 1.88 | # QB: 1
Revenue Correlation: 65.29 | Revenue CAGR: 4.27% | SUE: 4.0 | # QB: 1
EPS current Quarter (2026-09-30): EPS=0.08 | Chg30d=N/A | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=-1.02 | Chg30d=+27.92% | Revisions=-25% | GrowthEPS=-181.6% | GrowthRev=-20.8%
EPS next Year (2027-12-31): EPS=0.49 | Chg30d=+288.46% | Revisions=-40% | GrowthEPS=+148.0% | GrowthRev=-8.0%