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Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 8
HOLD 11
SELL 1
STRONG
SELL
0
| PRICE TARGET: $67.00 DETAILS
HIGH: $90.00
LOW: $55.00
MEDIAN: $56.00
CONSENSUS: $67.00
UPSIDE: 781.00%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 75% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Undervalued Strong
Trading 83.2% below fair value
Current Price $7.61
Bear Case $33.91 345.9% upside ($33.91 - $7.61) / $7.61 = 345.9% 5% stage 1 growth, 11% discount
Fair Value $45.36 496.5% upside ($45.36 - $7.61) / $7.61 = 496.5% 9% stage 1 growth, 11% discount
Bull Case $56.25 639.7% upside ($56.25 - $7.61) / $7.61 = 639.7% 11% stage 1 growth, 11% discount

Adjust Assumptions

8.8%
11.0%
3.0%

Key Value Driver

FCF growth rate (9% base case)

Terminal Value % of EV 38%
Implied Market Multiple 5.4x
Market is pricing in (growth) -9.8% vs our 8.8% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $67.00 from 20 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $45.36 per share.

Warnings

Stock-based employee pay equals 134% of profits. This dilutes existing shareholders, so cash flow alone overstates what owners really earn.
Wall Street's average price target is $67.00 (from 20 analysts). Our estimate is 43% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions