Professional
Added to YB: 2024-05-17
Pitch date: 2024-05-15
SSTK [neutral]
Shutterstock, Inc.
-51.64%
current return
Author Info
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Company Info
Shutterstock, Inc. provides platform to connect brands and businesses to high quality content in North America, Europe, and internationally.
Market Cap
$762.5M
Pitch Price
$38.92
Price Target
N/A
Dividend
6.15%
EV/EBITDA
5.07
P/E
12.74
EV/Sales
0.89
Sector
Interactive Media and Services
Category
N/A
Pernas Research Passes On: Shutterstock, Inc.
SSTK: Digital content provider trading at 12x EV/EBITDA after 65% decline. Reasonable valuation, but generative AI poses existential threat to business model by enabling low-cost content creation. Pivoting to AI training licensing uncertain & risky. Pass.
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