NYSE: SSTK · Internet Content & Information

Shutterstock (SSTK) fair value: undervalued or overvalued?

As of 3 Oct 2026, Faircurve's model values Shutterstock (SSTK) at $4.95 a share. The stock last closed at $3.81, which puts the model's fair value 29.9% above the price. On the model's bands that reads as Undervalued.

Revalued . Price is the close of 2 Oct 2026. Shutterstock, Inc.

Model fair value$4.95midpoint of 2,000 simulations
Last close$3.81NYSE: SSTK
Gap to fair value+29.9%fair value against price
Model verdictUndervaluedevidence grade: Medium

Faircurve Insights · 3 Oct 2026

Shutterstock, Inc. provides a platform to connect brands and businesses to high quality content in North America, Europe, and internationally.

Faircurve's model found a fair value of $4.95 a share on 3 Oct 2026, which is the midpoint of 2,000 simulations. This represents a -7.8% move from the previous run's fair value of $5.37 on 26 Sep 2026. The model's calibrated range over 63 trading days is $4.13 to $6.00, built from the fair value and calibrated weekly against realised prices, and it held the price 60% of the time at this horizon. The evidence grade is Medium.

The overall quality score against comparable companies is 49 out of 100, with a Profitability score of 0 and an Earnings quality score of 100. The model compares Shutterstock, Inc. with Yelp Inc., CarGurus, Inc., Match Group, Inc., Pinterest, Inc., Reddit, Inc., DoorDash, Inc., Meta Platforms, Inc., and Alphabet Inc. The median size of moves around the last 8 earnings reports, ignoring direction, was 6.0%.

Written from the figures on this page for the 3 Oct 2026 valuation and checked by rule before publishing: every number is one printed here, no forecast, no instruction. The price, the gap and the verdict are the page's own and change daily. Not a recommendation.

What price range does the model give SSTK?

The calibrated range for SSTK over 63 trading days is $4.13 to $6.00. There is no live options data for this stock, so the range is built from the fair value and calibrated weekly against realised prices (n = 4,809 past valuations, refreshed 3 Oct 2026). Ranges built this way held the price 60% of the time at this horizon.

The price is below this range. For names with fair value 15 to 30% above price, the calibrated range has held the price 50% of the time over 63 trading days, and 48% ended below it; the typical move was +3.7%.

The model's own simulated range, from the 20th to the 80th percentile of its runs, is $2.83 to $7.55. In 66% of the simulations the fair value came out above the price the model ran on.

$1.03$12.05
Spread of the 2,000 simulated fair values. Solid line: the midpoint, $4.95. Dashed line: the last close, $3.81.

How does SSTK score on business quality?

Shutterstock's overall quality score is 49 out of 100. Each factor below is a score against comparable companies, not a percentile of the metric beside it.

FactorScore (0 to 100)Headline measurePeer median
ProfitabilityReturn on invested capital against the peer group, with a bonus for an improving trend.0-29.6%ROIC64.2%
Earnings qualityHow much of reported profit is cash: free cash flow to net income, and the accrual ratio (the share of earnings that is not cash).100
Growth qualityTrailing revenue growth, forward growth from consensus, and the direction of analyst estimate revisions.295.8%Revenue growth, trailing6.9%
Capital disciplineReinvestment efficiency (capital spending per unit of revenue) and net buybacks.637.7%Net buybacks / market value4.6%
Balance sheetNet debt to EBITDA and interest coverage.70-1.62xNet debt / EBITDA
StabilityDownside volatility of the EBITDA margin over the last five years.941.2 ptsEBITDA margin downside volatility, 5y6.5 pts

How does SSTK compare with similar companies?

The companies in internet content & information closest to Shutterstock in market value, each on the same model and the same date.

CompanyLast closeModel fair valueGapModel verdict
YELP Yelp Inc.$18.26$22.82+25.0%Undervalued
CARG CarGurus, Inc.$30.02$31.72+5.7%Fairly valued
MTCH Match Group, Inc.$40.32$37.76-6.3%Fairly valued
PINS Pinterest, Inc.$19.26$24.33+26.3%Undervalued
RDDT Reddit, Inc.$147.85$141.87-4.0%Fairly valued
DASH DoorDash, Inc.$189.15$174.63-7.7%Fairly valued
META Meta Platforms, Inc.$728.08$759.54+4.3%Fairly valued
GOOG Alphabet Inc.$340.35$351.66+3.3%Fairly valued

All internet content & information stocks ranked by gap to fair value

When does SSTK report earnings, and how has the stock reacted?

Shutterstock's next earnings report is scheduled for 9 Nov 2026. Companies can move their dates.

How SSTK moved around its last 8 earnings reports

Each move runs from the last close before the report to the first close after it, so it covers companies that report before the open and after the close. The median size across these 8 reports, ignoring direction, was 6.0%.

Report dateTwo session move
4 Aug 2026+3.0%
28 Apr 2026-5.1%
17 Feb 2026-12.8%
5 Nov 2025+1.2%
29 Jul 2025-0.6%
2 May 2025+14.6%
25 Feb 2025-6.9%
29 Oct 2024+12.2%

Shutterstock at a glance

Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally.

Market value
$140M
Sector
Communication Services
Industry
Internet Content & Information
Revenue expected, next twelve months
$736M
Consensus revenue growth, next fiscal year
-20.8%
Analysts with estimates
1
Beta to the US market
1.14
First valued by Faircurve
11 Jul 2026

How the fair value is worked out: the model prices Shutterstock on the value of the whole business, debt included, against the operating profit analysts expect next year (forward EV/EBITDA), runs 2,000 simulations across its inputs and takes the midpoint. The full method is documented here.

What changed in the latest valuation?

On 26 Sep 2026 the model's fair value for SSTK was $5.37. As of 3 Oct 2026 it is $4.95, a change of -7.8%. The model revalues every stock it covers each week, and again after an earnings report.

Questions about Shutterstock's valuation

Is Shutterstock stock undervalued or overvalued?

On Faircurve's model, SSTK reads as Undervalued as of 3 Oct 2026. The model's fair value is $4.95 a share against a last close of $3.81, a gap of +29.9%.

What is SSTK's fair value?

$4.95 a share as of 3 Oct 2026, the midpoint of 2,000 simulations. The model's own 20th to 80th percentile range is $2.83 to $7.55.

What price range does the model give SSTK?

$4.13 to $6.00 over 63 trading days. Ranges built this way held the price 60% of the time across 4,809 past valuations, refreshed 3 Oct 2026.

When does Shutterstock report earnings next?

The next report is scheduled for 9 Nov 2026. Companies can move their dates.

How much has SSTK moved on past earnings reports?

Across its last 8 reports the median two session move was 6.0%, ignoring direction. The largest was +14.6% around the report of 2 May 2025.

How confident is the model in this valuation?

The model's evidence grade for SSTK is medium. The grade looks at how complete the inputs are, how many comparable companies there are and how closely they agree, and how wide the range of outcomes is. It is not a probability that the fair value is right, or that the price reaches it.

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