Shutterstock, Inc., a technology company, provides content, and tools and services in North America, Europe, and internationally. It 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, and 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 digital imagery. The company provides its services under the Shutterstock, Bigstock, Offset, Shutterstock Select, Shutterstock Custom, Shutterstock Editorial, Offset, PremiumBeat brand names, as well as Application programming interface, and Editor and Editor Pro tools to enhance workflow and project management needs, and search capabilities. It serves marketing professionals and organizations, media and broadcast companies, and small and medium-sized businesses through online platform. Shutterstock, Inc. has a strategic alliance with Wochit, Inc. to share technology for enterprise video creation. The company was founded in 2003 and is headquartered in New York, New York.
IPO Year: 2012
Exchange: NYSE
Website: shutterstock.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
3/7/2025 | $45.00 → $30.00 | Buy | Needham |
2/25/2025 | Buy → Hold | Truist | |
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 |