Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally. The company offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects in HD and 4K formats that are integrated into websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. It also provides 3 dimensional models consisting of 3D models used in various industries, such as advertising, media and video production, gaming, retail, education, design, and architecture; and generative AI content comprising images generated from algorithms trained with ethically sourced content. The company offers its services under the Shutterstock, Pond5, TurboSquid, PicMonkey, PremiumBeat, Splash News, Bigstock, and Offset brand names. In addition, it operates a collection of graphics interchange format visuals and stickers that supplies casual conversational content. The company serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators through digital, live sales, and client management channels. Shutterstock, Inc. was founded in 2003 and is headquartered in New York, New York.
AI-Driven Evolution | Explore Shutterstock's strategic partnerships with NVIDIA and Databricks, positioning the company at the forefront of AI-driven content creation and innovation |
Financial Resilience | Shutterstock's Q3 2024 results surpassed expectations, with revenue reaching $250.6 million and EBITDA hitting $70 million, demonstrating strong performance |
Growth Catalysts | Delve into the rapid expansion of Shutterstock's Studios and GIPHY segments, which show promising potential to offset challenges in the core content business |
Market Valuation | Learn about Shutterstock's stock performance and analyst perspectives, with JMP Securities maintaining a Market Perform rating as of October 30, 2024 |
Metrics to compare | SSTK | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipSSTKPeersSector | |
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P/E Ratio | 31.0x | 43.5x | 4.8x | |
PEG Ratio | −0.45 | −0.01 | 0.01 | |
Price/Book | 2.2x | 1.4x | 1.8x | |
Price / LTM Sales | 1.3x | 0.8x | 1.4x | |
Upside (Analyst Target) | 62.3% | 16.3% | 22.0% | |
Fair Value Upside | Unlock | 30.4% | 13.6% | Unlock |