Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Hot Stocks
Shutterstock announces integration with Spirable » 09:06
11/24/20
11/24
09:06
11/24/20
09:06
SSTK

Shutterstock

$68.58 /

-0.43 (-0.62%)

Shutterstock announced an…

Shutterstock announced an integration with Spirable. Unlike traditional Media Asset Management platforms, Spirable is Dynamic Creative technology that enables users to create personalized, real-time video ads based on live and contextual data. The dynamic creative integration is the first of its kind for Shutterstock, allowing Shutterstock Premier users to search their library from within the Spirable platform, and then easily insert content directly into video projects. This removes workflow barriers for creatives who can now search for licensed Shutterstock assets seamlessly and produce branded videos designed to engage audiences at all stages of the buyer journey.

ShowHide Related Items >><<
SSTK Shutterstock
$68.58 /

-0.43 (-0.62%)

SSTK Shutterstock
$68.58 /

-0.43 (-0.62%)

10/28/20 Truist
Shutterstock price target raised to $75 from $60 at Truist
10/27/20 Truist
Shutterstock price target raised to $75 from $60 at Truist
10/27/20 Needham
Shutterstock price target raised to $88 from $65 at Needham
10/23/20
Fly Intel: Pre-market Movers
SSTK Shutterstock
$68.58 /

-0.43 (-0.62%)

  • 12
    Aug
SSTK Shutterstock
$68.58 /

-0.43 (-0.62%)

Hot Stocks
Shutterstock acquires Amper Music » 09:03
11/11/20
11/11
09:03
11/11/20
09:03
SSTK

Shutterstock

$66.86 /

-3.075 (-4.40%)

Shutterstock acquired…

Shutterstock acquired certain assets from Amper Music,an AI-driven music platform which enables users to create and customize original music by leveraging over one million individual audio samples recorded by musicians on thousands of unique instruments. Terms of the transaction were not disclosed. Shutterstock's acquisition of Amper aims to strengthen its capabilities in artificial intelligence, particularly in content search and discovery of tracks composed by Shutterstock's community of artists as well as editing tools for Shutterstock users. As part of the transaction, Amper's employees will join the Shutterstock team. Amper's AI technology will provide Shutterstock users acceleration to their content creation workflow through a music discovery experience and editing capabilities. In addition, the acquisition will augment Shutterstock's R&D efforts to bring new innovations that enable content production for prosumers, businesses and professional content creators.

ShowHide Related Items >><<
SSTK Shutterstock
$66.86 /

-3.075 (-4.40%)

SSTK Shutterstock
$66.86 /

-3.075 (-4.40%)

10/28/20 Truist
Shutterstock price target raised to $75 from $60 at Truist
10/27/20 Truist
Shutterstock price target raised to $75 from $60 at Truist
10/27/20 Needham
Shutterstock price target raised to $88 from $65 at Needham
10/23/20
Fly Intel: Pre-market Movers
SSTK Shutterstock
$66.86 /

-3.075 (-4.40%)

  • 12
    Aug
SSTK Shutterstock
$66.86 /

-3.075 (-4.40%)

Over a month ago
Recommendations
Shutterstock price target raised to $75 from $60 at Truist » 07:56
10/28/20
10/28
07:56
10/28/20
07:56
SSTK

Shutterstock

$69.56 /

+7.345 (+11.81%)

Truist analyst Youssef…

Truist analyst Youssef Squali raised the firm's price target on Shutterstock to $75 from $60 and keeps a Buy rating on the shares. The analyst cites the company's Q3 beat on top and bottom lines, with the quarter demonstrating a faster rate of recovery in demand in both e-commerce and enterprise spending. Squali adds that Shutterstock's jump in profit margins was "impressive", reflecting material cost containment as revenue scales.

ShowHide Related Items >><<
SSTK Shutterstock
$69.56 /

+7.345 (+11.81%)

SSTK Shutterstock
$69.56 /

+7.345 (+11.81%)

10/27/20 Truist
Shutterstock price target raised to $75 from $60 at Truist
10/27/20 Needham
Shutterstock price target raised to $88 from $65 at Needham
10/23/20
Fly Intel: Pre-market Movers
10/23/20 Stifel
Shutterstock initiated with a Buy at Stifel
SSTK Shutterstock
$69.56 /

+7.345 (+11.81%)

  • 12
    Aug
SSTK Shutterstock
$69.56 /

+7.345 (+11.81%)

Recommendations
Shutterstock price target raised to $75 from $60 at Truist » 12:15
10/27/20
10/27
12:15
10/27/20
12:15
SSTK

Shutterstock

$67.90 /

+5.685 (+9.14%)

Truist analyst Youssef…

Truist analyst Youssef Squali raised the firm's price target on Shutterstock to $75 from $60 and keeps a Buy rating on the shares after the company's Q3 results beat on the top and bottom lines, showing "faster" recovery in demand for both ecommerce and enterprise. The analyst said that what was "more impressive" was the jump in profit margins, reflecting material cost containment as revenue scales. Squali added that while the bottom line benefited from lower utilization, AI and lower operating expense, management's "aggressive" reinvestment plans show a commitment to accelerating long-term growth.

ShowHide Related Items >><<
SSTK Shutterstock
$67.90 /

+5.685 (+9.14%)

SSTK Shutterstock
$67.90 /

+5.685 (+9.14%)

10/27/20 Needham
Shutterstock price target raised to $88 from $65 at Needham
10/23/20
Fly Intel: Pre-market Movers
10/23/20 Stifel
Shutterstock initiated with a Buy at Stifel
10/23/20 JMP Securities
Shutterstock initiated with an Outperform at JMP Securities
SSTK Shutterstock
$67.90 /

+5.685 (+9.14%)

  • 12
    Aug
SSTK Shutterstock
$67.90 /

+5.685 (+9.14%)

Recommendations
Shutterstock price target raised to $88 from $65 at Needham » 12:10
10/27/20
10/27
12:10
10/27/20
12:10
SSTK

Shutterstock

$67.88 /

+5.665 (+9.11%)

Needham analyst Brad…

Needham analyst Brad Erickson raised the firm's price target on Shutterstock to $88 from $65 and keeps a Buy rating on the shares after the company's Q3 results and guidance reinforced his belief that the company's shift to subscription and ability to drive margin expansion are underappreciated. The analyst, who has raised his estimates following the quarterly report, remains a buyer of Shutterstock shares.

ShowHide Related Items >><<
SSTK Shutterstock
$67.88 /

+5.665 (+9.11%)

SSTK Shutterstock
$67.88 /

+5.665 (+9.11%)

10/23/20
Fly Intel: Pre-market Movers
10/23/20 Stifel
Shutterstock initiated with a Buy at Stifel
10/23/20 JMP Securities
Shutterstock initiated with an Outperform at JMP Securities
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
SSTK Shutterstock
$67.88 /

+5.665 (+9.11%)

  • 12
    Aug
SSTK Shutterstock
$67.88 /

+5.665 (+9.11%)

Hot Stocks
Shutterstock reports Q3 subscribers increased 39%, to 255,000 » 07:14
10/27/20
10/27
07:14
10/27/20
07:14
SSTK

Shutterstock

$62.18 /

-0.54 (-0.86%)

Reports Q3: Subscriber…

Reports Q3: Subscriber revenue increased 12% to $67.6 million. Average revenue per customer, increased 0.3% to $328. Paid downloads decreased 6% to 43.4 million. Revenue per download increased by $0.39 to $3.79. Image collection expanded 18% to approximately 350 million images. Footage collection expanded 25% to approximately 20 million clips.

ShowHide Related Items >><<
SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

10/23/20
Fly Intel: Pre-market Movers
10/23/20 Stifel
Shutterstock initiated with a Buy at Stifel
10/23/20 JMP Securities
Shutterstock initiated with an Outperform at JMP Securities
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

  • 12
    Aug
SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

Earnings
Shutterstock reports Q3 adjusted EPS 80c, consensus 29c » 07:13
10/27/20
10/27
07:13
10/27/20
07:13
SSTK

Shutterstock

$62.18 /

-0.54 (-0.86%)

Reports Q3 revenue…

Reports Q3 revenue $165.2M, consensus $160.82M.

ShowHide Related Items >><<
SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

10/23/20
Fly Intel: Pre-market Movers
10/23/20 Stifel
Shutterstock initiated with a Buy at Stifel
10/23/20 JMP Securities
Shutterstock initiated with an Outperform at JMP Securities
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

  • 12
    Aug
SSTK Shutterstock
$62.18 /

-0.54 (-0.86%)

Initiation
Fly Intel: Pre-market Movers » 09:55
10/23/20
10/23
09:55
10/23/20
09:55
SPCE

Virgin Galactic

$20.05 /

-0.68 (-3.28%)

, HQY

HealthEquity

$56.97 /

+1.79 (+3.24%)

, SJR

Shaw Communications

$17.82 /

+0.06 (+0.34%)

, SSTK

Shutterstock

$62.30 /

+1.95 (+3.23%)

, PFE

Pfizer

$37.83 /

+0.4 (+1.07%)

, MRK

Merck

$79.61 /

+0.4 (+0.50%)

, LLY

Eli Lilly

$143.11 /

+1.37 (+0.97%)

, BMY

Bristol-Myers

$60.87 /

+0.11 (+0.18%)

, ABBV

AbbVie

$84.10 /

-0.2 (-0.24%)

Catch up on today's…

Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Virgin Galactic (SPCE) initiated with a Neutral at Goldman Sachs. 2. HealthEquity (HQY) initiated with an Outperform at RBC Capital. 3. Shaw Communications (SJR) initiated with an Equal Weight at Morgan Stanley. 4. Shutterstock (SSTK) initiated with a Buy at Stifel. 5. Pfizer (PFE), Merck (MRK), Eli Lilly (LLY) and AbbVie (ABBV) all initiated with a Buy at Truist, while Bristol-Myers (BMY) initiated with a Hold at the firm. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

ShowHide Related Items >><<
SSTK Shutterstock
$62.30 /

+1.95 (+3.23%)

SPCE Virgin Galactic
$20.05 /

-0.68 (-3.28%)

SJR Shaw Communications
$17.82 /

+0.06 (+0.34%)

PFE Pfizer
$37.83 /

+0.4 (+1.07%)

MRK Merck
$79.61 /

+0.4 (+0.50%)

LLY Eli Lilly
$143.11 /

+1.37 (+0.97%)

HQY HealthEquity
$56.97 /

+1.79 (+3.24%)

BMY Bristol-Myers
$60.87 /

+0.11 (+0.18%)

ABBV AbbVie
$84.10 /

-0.2 (-0.24%)

SPCE Virgin Galactic
$20.05 /

-0.68 (-3.28%)

10/23/20 Goldman Sachs
Virgin Galactic initiated with a Neutral at Goldman Sachs
09/28/20
Fly Intel: Top five analyst initiations
09/28/20 Susquehanna
Susquehanna starts Virgin Galactic with Positive rating, $20 price target
09/28/20 BofA
BofA starts Virgin Galactic with Buy rating, $35 price target
HQY HealthEquity
$56.97 /

+1.79 (+3.24%)

10/23/20 RBC Capital
HealthEquity initiated with an Outperform at RBC Capital
09/10/20 Deutsche Bank
HealthEquity price target raised to $60 from $57 at Deutsche Bank
09/09/20 Barrington
HealthEquity price target raised to $70 from $65 at Barrington
09/09/20 SVB Leerink
HealthEquity price target raised to $64 from $51 at SVB Leerink
SJR Shaw Communications
$17.82 /

+0.06 (+0.34%)

10/23/20 Morgan Stanley
Shaw Communications initiated with an Equal Weight at Morgan Stanley
10/02/20
Fly Intel: Top five analyst initiations
10/02/20 Barclays
Shaw Communications initiated with an Equal Weight at Barclays
09/11/20 National Bank
Shaw Communications price target raised to C$28 from C$27 at National Bank
SSTK Shutterstock
$62.30 /

+1.95 (+3.23%)

10/23/20 Stifel
Shutterstock initiated with a Buy at Stifel
10/23/20 JMP Securities
Shutterstock initiated with an Outperform at JMP Securities
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
PFE Pfizer
$37.83 /

+0.4 (+1.07%)

10/23/20 Piper Sandler
Ultragenyx deal with Solid Biosciences looks 'solid,' says Piper Sandler
10/23/20 Truist
Pfizer initiated with a Buy at Truist
10/14/20 SVB Leerink
BioNTech price target raised to $69 from $62 at SVB Leerink
10/12/20
Fly Intel: Top five analyst downgrades
MRK Merck
$79.61 /

+0.4 (+0.50%)

10/23/20 Truist
Merck initiated with a Buy at Truist
10/16/20 JPMorgan
Merck price target raised to $105 from $98 at JPMorgan
10/08/20 Piper Sandler
Moderna regains rights to adult RSV vaccine mRNA-1172, Piper ups target to $136
10/06/20 Raymond James
Raymond James says FDA guidance 'likely assures' no vaccine EUA before late Nov.
LLY Eli Lilly
$143.11 /

+1.37 (+0.97%)

10/23/20 Truist
Eli Lilly initiated with a Buy at Truist
10/16/20 JPMorgan
Eli Lilly price target raised to $200 from $190 at JPMorgan
10/14/20 JPMorgan
Eli Lilly risk/reward favorable into tirzepatide readout, says JPMorgan
10/14/20 Citi
Karuna Therapeutics trial news a positive, says Citi
BMY Bristol-Myers
$60.87 /

+0.11 (+0.18%)

10/23/20 Truist
Bristol-Myers initiated with a Hold at Truist
10/19/20
Fly Intel: Top five analyst upgrades
10/19/20 Guggenheim
Bristol-Myers upgraded to Buy after positive Opdivo data at Guggenheim
10/19/20 Guggenheim
Bristol-Myers upgraded to Buy from Neutral at Guggenheim
ABBV AbbVie
$84.10 /

-0.2 (-0.24%)

10/23/20 Truist
AbbVie initiated with a Buy at Truist
10/20/20 Goldman Sachs
Galapagos downgraded to Sell from Neutral at Goldman Sachs
10/16/20 JPMorgan
AbbVie price target raised to $120 from $115 at JPMorgan
09/29/20 Berenberg
AbbVie initiated with a Hold at Berenberg
SSTK Shutterstock
$62.30 /

+1.95 (+3.23%)

SPCE Virgin Galactic
$20.05 /

-0.68 (-3.28%)

SJR Shaw Communications
$17.82 /

+0.06 (+0.34%)

PFE Pfizer
$37.83 /

+0.4 (+1.07%)

MRK Merck
$79.61 /

+0.4 (+0.50%)

LLY Eli Lilly
$143.11 /

+1.37 (+0.97%)

HQY HealthEquity
$56.97 /

+1.79 (+3.24%)

BMY Bristol-Myers
$60.87 /

+0.11 (+0.18%)

ABBV AbbVie
$84.10 /

-0.2 (-0.24%)

  • 12
    Aug
  • 06
    Aug
  • 09
    Jul
  • 03
    Jun
  • 20
    May
SPCE Virgin Galactic
$20.05 /

-0.68 (-3.28%)

PFE Pfizer
$37.83 /

+0.4 (+1.07%)

MRK Merck
$79.61 /

+0.4 (+0.50%)

LLY Eli Lilly
$143.11 /

+1.37 (+0.97%)

BMY Bristol-Myers
$60.87 /

+0.11 (+0.18%)

SSTK Shutterstock
$62.30 /

+1.95 (+3.23%)

SPCE Virgin Galactic
$20.05 /

-0.68 (-3.28%)

PFE Pfizer
$37.83 /

+0.4 (+1.07%)

MRK Merck
$79.61 /

+0.4 (+0.50%)

LLY Eli Lilly
$143.11 /

+1.37 (+0.97%)

HQY HealthEquity
$56.97 /

+1.79 (+3.24%)

BMY Bristol-Myers
$60.87 /

+0.11 (+0.18%)

ABBV AbbVie
$84.10 /

-0.2 (-0.24%)

SPCE Virgin Galactic
$20.05 /

-0.68 (-3.28%)

SJR Shaw Communications
$17.82 /

+0.06 (+0.34%)

PFE Pfizer
$37.83 /

+0.4 (+1.07%)

MRK Merck
$79.61 /

+0.4 (+0.50%)

LLY Eli Lilly
$143.11 /

+1.37 (+0.97%)

HQY HealthEquity
$56.97 /

+1.79 (+3.24%)

BMY Bristol-Myers
$60.87 /

+0.11 (+0.18%)

ABBV AbbVie
$84.10 /

-0.2 (-0.24%)

Initiation
Shutterstock initiated with a Buy at Stifel » 07:05
10/23/20
10/23
07:05
10/23/20
07:05
SSTK

Shutterstock

$60.37 /

+0.07 (+0.12%)

Stifel analyst John…

Stifel analyst John Egbert initiated coverage of Shutterstock with a Buy rating and $70 price target. He views the company as a leader in the stock media licensing space, which he sees having secular tailwinds from digital advertising, small businesses coming online, and streaming video adoption. He sees the stock offering investors steady growth and "dependable income at a reasonable multiple," Egbert added.

ShowHide Related Items >><<
SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

10/23/20 JMP Securities
Shutterstock initiated with an Outperform at JMP Securities
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
08/28/20 Truist
Shutterstock upgraded to Buy from Hold at Truist
SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

  • 12
    Aug
SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

Initiation
Shutterstock initiated with an Outperform at JMP Securities » 06:19
10/23/20
10/23
06:19
10/23/20
06:19
SSTK

Shutterstock

$60.37 /

+0.07 (+0.12%)

JMP Securities analyst…

JMP Securities analyst Ronald Josey initiated coverage of Shutterstock with an Outperform rating and $72 price target. The analyst is positive on the company's position as the largest marketplace for stock media, with "nearly 2M active customers, generating about 188M downloads from Shutterstock's library of 340M images, 19M videos, and thousands of music tracks" submitted by over 1.4M contributors. Josey adds that the management is "prioritizing industry levels of growth, margin expansion, and efficient capital allocation" in forecasting Shutterstock shares "compounding higher".

ShowHide Related Items >><<
SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

09/29/20 BofA
Shutterstock initiated with a Buy at BofA
09/29/20 BofA
Shutterstock initiated with a Buy at BofA
08/28/20 Truist
Shutterstock upgraded to Buy from Hold at Truist
08/28/20 Truist
Shutterstock upgraded to Buy from Hold at Truist
SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

  • 12
    Aug
SSTK Shutterstock
$60.37 /

+0.07 (+0.12%)

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.