Shutterstock, Inc. (SSTK)
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-04
$5.74-0.52%
Close 2026-09-04 · 1-day change
NYSECommunication ServicesInternet Content & InformationSnapshot 2026-09-04
Warn: Primary pillar under pressure — Cooperate with FTC and resolve investigation: FTC investigation: 1 new restriction (UK CMA divestment demand) vs 0 allowed.
Shutterstock has a low valuation with a P/E of 2.76, well below peers at 18.25. The company aims to maintain its dividend of $0.36 per share and is cooperating with the FTC investigation. If it can stabilize revenue near $199 million per quarter, it may recover. The selloff reflects merger failure but not the core business value.
The cancelled $3.7B Getty merger removes a key growth driver. Revenue fell 18% year over year and earnings missed by 40%. Regulatory issues and negative news threaten recovery. The stock has already dropped over 50% from its high and faces ongoing headwinds.
The market expects about -17% revenue decline next year and prices the stock 72% below consensus fair value. Our view is cautious given the merger collapse and regulatory risks, but the valuation is very cheap if turnaround succeeds.
Breaks if: dividend falls below $0.36 per share
Breaks if: New FTC penalties or restrictions imposed
quarterly revenue falls below $199 million
This is not a price target or investment advice.
A long-form read on the 1–3 year hold thesis. It updates when the weekly evidence changes.
This investment represents a turnaround scenario. SSTK is currently navigating through significant operational challenges, including leadership transitions and ongoing losses, while attempting to stabilize its financial performance.
The market appears to have priced in a low level of fragility, suggesting that there is some expectation of stability despite recent struggles. SSTK is viewed as cheap compared to its peers, but there is a notable expectations gap indicating that the market anticipates continued difficulties.
Fundamentals are likely to remain under pressure in the near term due to weak recent financial performance and elevated risks. Management's focus on reducing operating expenses and stabilizing leadership may provide some support, but the company's losses have increased, reflecting ongoing challenges.
The long-term thesis hinges on the performance of sector bellwethers like GOOGL, GOOG, and META, as their success could provide a tailwind for SSTK. Additionally, any potential rate cuts by the Fed could also positively impact the company. However, if sector leaders begin to miss earnings expectations, it could further pressure SSTK.
The most important moves since the prior daily snapshot.
Our read on the company is unchanged since the prior snapshot.
as of 2026-09-04
Review the evidence to watch, what would become a concern, and what would make it less concerning.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Over the next 1 to 3 years, SSTK's performance will depend heavily on external market conditions and internal management effectiveness. Not investment advice.