Shutterstock appoints three directors: Shutterstock stock sits 86.17 percent below its high
Published on 10/07/2026 at 03:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Shutterstock (ISIN US8256901005) appointed Timothy Adams, Matthew Salzberg and Michael Thompson as independent directors effective September 8, 2026, according to StockTitan. Shutterstock stock sits 86.17 percent below its USD 29.50 52-week high, based on the USD 4.08 primary-exchange quote and the USD 3.76 to USD 29.50 range as of October 6, 2026.
Three directors join the board
The appointments add experience in public-company finance, venture investing and technology to a board reshaped after the collapse of the Getty Images transaction. StockTitan reported that Adams and Salzberg joined as Class II directors, while Thompson joined as a Class III director, with terms tied to future annual meetings.
The board change matters because Shutterstock is rebuilding its standalone strategy after the merger ended. The company operates a creative platform spanning licensed images, video, music, illustrations, 3D content and generative artificial intelligence tools.
Revenue falls to USD 221.8 million
In the second quarter of 2026, revenue fell 17.00 percent year over year to USD 221.8 million from USD 267.0 million, while net income of USD 29.4 million a year earlier became a USD 155.9 million net loss, according to MetaTrader. The report attributes the result to a USD 173.7 million goodwill impairment, a USD 33.0 million legal settlement expense in the first half of 2026 and weaker customer acquisition.
Adjusted net income was USD 30.0 million, or USD 0.82 per diluted share, while adjusted EBITDA reached USD 65.1 million with a 29.30 percent margin in the second quarter. Subscribers fell to 951,000 and paid downloads to 98.7 million, while average revenue per customer rose to USD 292.
Analyst target stays above the quote
MarketBeat reported on September 29, 2026 that one analyst rated Shutterstock Buy, one Hold and one Sell, producing a Hold consensus and a USD 7.00 average target. The target lies 71.57 percent above the USD 4.08 primary-exchange quote, although the analyst note cited by MarketBeat dates to June 5, 2026.
Stock remains near its yearly low
Shutterstock had a USD 149.9 million market capitalization as of October 6, 2026. Its USD 3.76 52-week low leaves the primary-exchange quote of USD 4.08 only 8.51 percent above that level, while the USD 29.50 high highlights the wide trading range.
The further course of trading is shown by the continuously updated real-time quote of Shutterstock stock.
Shutterstock stock facts
- Company: Shutterstock, Inc.
- ISIN: US8256901005
- Ticker: SSTK
- Primary exchange: NYSE
- Market capitalization: USD 149.9 million as of October 6, 2026
- 52-week range: USD 3.76-USD 29.50 as of October 6, 2026
- Sector / Industry: Communication Services / Internet Content and Information
