Analyst Price Target is $108.50
▼ -8.55% Downside Potential
This price target is based on 6 analysts offering 12 month price targets for Shutterstock in the last 3 months. The average price target is $108.50, with a high forecast of $130.00 and a low forecast of $63.00. The average price target represents a -8.55% upside from the last price of $118.65.
Current Consensus is
The current consensus among 6 contributing investment analysts is to buy stock in Shutterstock. This rating has held steady since June 2020, when it changed from a Hold consensus rating.
Shutterstock, Inc. engages in the operation of marketplace for licensed content. The firm licenses images, video, music, editorial assets, and custom content tailored to a brand's needs. It operates through the Content Business and Other Category segments. The Content segment consists of Bigstock, Music, and Editorial. The Other Category segment comprises of webdam. The company was founded by Jonathan Oringer in 2003 and is headquartered in New York, NY.