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Shutterstock Analyst Ratings

Benzinga ·  Nov 1, 2023 06:43
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
11/01/2023 47.49% Needham $76 → $60 Maintains Buy
10/02/2023 86.82% Needham → $76 Reiterates Buy → Buy
09/13/2023 108.95% Truist Securities → $85 Reiterates Buy → Buy
08/02/2023 108.95% Truist Securities $88 → $85 Maintains Buy
08/02/2023 104.03% Morgan Stanley $88 → $83 Maintains Equal-Weight
08/02/2023 86.82% Needham $90 → $76 Maintains Buy
08/01/2023 121.24% Needham → $90 Reiterates Buy → Buy
07/12/2023 121.24% Needham → $90 Reiterates Buy → Buy
07/11/2023 121.24% Needham → $90 Reiterates Buy → Buy
06/29/2023 121.24% Needham → $90 Reiterates Buy → Buy
05/24/2023 JMP Securities Maintains Market Perform
05/24/2023 121.24% Needham → $90 Reiterates Buy → Buy
05/17/2023 121.24% Needham → $90 Reiterates Buy → Buy
04/26/2023 116.32% Truist Securities $86 → $88 Maintains Buy
04/26/2023 116.32% Morgan Stanley $84 → $88 Maintains Equal-Weight
04/26/2023 121.24% Needham → $90 Reiterates → Buy
03/06/2023 121.24% Needham → $90 Reiterates → Buy
03/01/2023 121.24% Needham → $90 Reiterates → Buy
02/24/2023 121.24% Needham → $90 Reiterates → Buy
02/10/2023 111.41% Truist Securities $70 → $86 Maintains Buy
02/10/2023 106.49% Morgan Stanley $47 → $84 Maintains Equal-Weight
02/10/2023 121.24% Needham $62 → $90 Maintains Buy
11/28/2022 JMP Securities Downgrades Market Outperform → Market Perform
10/26/2022 52.41% Needham $70 → $62 Maintains Buy
10/25/2022 15.54% Morgan Stanley $54 → $47 Maintains Equal-Weight
10/24/2022 96.66% Truist Securities $100 → $80 Maintains Buy
08/25/2022 Redburn Partners Initiates Coverage On → Buy
07/28/2022 32.74% Morgan Stanley → $54 Initiates Coverage On → Equal-Weight
07/27/2022 96.66% JMP Securities $125 → $80 Maintains Market Outperform
07/27/2022 145.82% Truist Securities $120 → $100 Maintains Buy
07/27/2022 72.07% Needham $100 → $70 Maintains Buy
04/27/2022 145.82% Needham $115 → $100 Maintains Buy
02/11/2022 182.69% Needham $145 → $115 Maintains Buy
10/27/2021 256.44% Needham $120 → $145 Maintains Buy
07/28/2021 194.99% Needham $105 → $120 Maintains Buy
04/28/2021 170.4% JMP Securities $100 → $110 Maintains Market Outperform
04/27/2021 158.11% Needham → $105 Initiates Coverage On → Buy
10/28/2020 96.66% Stifel $70 → $80 Maintains Buy
10/28/2020 108.95% JMP Securities $72 → $85 Maintains Market Outperform
10/23/2020 72.07% Stifel → $70 Initiates Coverage On → Buy
10/23/2020 76.99% JMP Securities → $72 Initiates Coverage On → Market Outperform
09/29/2020 54.87% B of A Securities → $63 Initiates Coverage On → Buy
08/28/2020 47.49% Truist Securities → $60 Upgrades Hold → Buy
07/23/2020 22.91% Needham → $50 Initiates Coverage On → Buy
04/29/2020 -9.05% SunTrust Robinson Humphrey $38 → $37 Maintains Hold

What is the target price for Shutterstock (SSTK)?

The latest price target for Shutterstock (NYSE: SSTK) was reported by Needham on November 1, 2023. The analyst firm set a price target for $60.00 expecting SSTK to rise to within 12 months (a possible 47.49% upside). 23 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Shutterstock (SSTK)?

The latest analyst rating for Shutterstock (NYSE: SSTK) was provided by Needham, and Shutterstock maintained their buy rating.

When is the next analyst rating going to be posted or updated for Shutterstock (SSTK)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Shutterstock, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Shutterstock was filed on November 1, 2023 so you should expect the next rating to be made available sometime around November 1, 2024.

Is the Analyst Rating Shutterstock (SSTK) correct?

While ratings are subjective and will change, the latest Shutterstock (SSTK) rating was a maintained with a price target of $76.00 to $60.00. The current price Shutterstock (SSTK) is trading at is $40.68, which is out of the analyst's predicted range.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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