Shutterstock, Inc. (SSTK)

The UK's CMA announced its intent to refer the proposed merger of Shutterstock and Getty Images Holdings, Inc. for a Phase 2 review, which caused Shutterstock's shares to plunge. Investor sentiment improved, leading to a 16% rise in the stock. Shutterstock launched a suite of new AI services for model training and evaluation. The company announced its second-quarter 2025 financial results, reporting EPS of $0.82 and revenue of $267 million, surpassing estimates. Shutterstock's shares fell 3% due to growing investor fears that artificial intelligence could disrupt its business model, following a warning from Bank of America. Shutterstock, Inc. was dropped from the Russell 2000 Growth-Defensive Index and from the Russell 3000E Growth Index. Shutterstock unveiled a bold new brand identity. The stock reached its all-time low of $14.35 USD on April 4, 2025.

While specific seasonal patterns are not explicitly detailed, Shutterstock's reliance on subscription revenue makes it susceptible to economic downturns or shifts in customer behavior. Analysts anticipate a deceleration in revenue growth over the next 12 months, suggesting potential demand challenges.

Shutterstock, Inc. operates as a global creative platform, connecting businesses and brands with high-quality digital content, primarily licensing images, footage, music, 3D models, and AI content. It offers creative tools, services, and enterprise solutions under brands like Shutterstock, Pond5, and TurboSquid.

Shutterstock, Inc. has a significant global presence, operating in over 150 countries, connecting brands and businesses to content in North America, Europe, and other international markets. The majority of its revenue is generated from the domestic market, with North America and Europe jointly accounting for a substantial portion of its sales.

Shutterstock has focused on its commitment to ethical AI, being the first to commit to paying artists for AI-generated content that utilizes their work, which has positioned the company as a leader in responsible AI practices. In June 2025, Shutterstock unveiled a bold new brand identity. The company's 2025 Creative Impact Report emphasized the increasing importance of creative quality, emotional acumen, and AI in driving future growth. Concerns about AI disrupting Shutterstock's core business led to a stock decline.

Institutional ownership of Shutterstock, Inc. stands at 62.07%, while individual ownership accounts for 32.42%, with other entities holding 4.9%. Major institutional owners include State Street Corp., Schweizerische Nationalbank, SEI Investments Co., Skandinaviska Enskilda Banken AB, and Hennessy Advisors, Inc. The majority of shareholders are from the United States, followed by individuals, Australia, and the United Kingdom.