- Shutterstock's merger with Getty Images gains strong shareholder support.
- Analysts forecast significant upside for Shutterstock stock.
- GuruFocus estimates substantial potential for future stock value increase.
Shutterstock (SSTK, Financial) shareholders have given a resounding approval to the company's merger with Getty Images, with a remarkable 82% voting in favor. Both companies expect to close the deal in the second half of 2025. Following this news, SSTK shares saw a positive movement, climbing 2.89% in after-hours trading to settle at $19.54.
Wall Street Analysts Forecast: Insightful Predictions for Shutterstock
The current market sentiment around Shutterstock Inc (SSTK, Financial) appears optimistic, based on the one-year price targets put forth by three analysts. The average target price stands at $28.62, with expectations ranging from a high of $32.00 to a low of $25.00. This average target indicates a potential upside of 50.69% from the existing stock price of $18.99. For investors seeking more detailed forecast data, visit the Shutterstock Inc (SSTK) Forecast page.
Further reinforcing the stock's prospects, consensus recommendations from four brokerage firms assign Shutterstock Inc (SSTK, Financial) an average brokerage recommendation of 2.8. This recommendation represents a "Hold" status on the rating scale, which spans from 1, denoting Strong Buy, to 5, indicating Sell.
GuruFocus Estimates: Evaluating Shutterstock's Future Value
According to GuruFocus estimates, the projected GF Value of Shutterstock Inc (SSTK, Financial) within the next year is an impressive $55.50. This estimation suggests a potential upside of 192.26% from the current stock price of $18.99. The GF Value represents GuruFocus' calculated fair value for the stock, derived from historical trading multiples, past business growth, and future performance projections. For a deeper dive into these insights, please visit the Shutterstock Inc (SSTK) Summary page.
