Shutterstock, Inc. (SSTK)

Shutterstock trades at low operating multiples (EV/Sales ~0.74x; EV/EBITDA ~6.00x) with strong gross margins (~57%) and a very high trailing free-cash-flow yield (~19.84%). The near-term picture is volatile: Q1 2026 revenue was down ~18% YoY and TTM profitability is negative (net margin ~-2.19%), driven in part by a disclosed $28M FTC-related contingency and investment losses per the latest 10-Q. Leverage is moderate (net debt/EBITDA ~1.09), but the Altman Z-score (~1.20) and pending Getty merger approvals add meaningful risk. FundamentalScore: 3/5 (mixed / event-driven).

The near-term narrative is dominated by the proposed Getty Images–Shutterstock merger (confidence: announced), with recent coverage skewing mildly constructive on regulatory progress but without a clear close-date catalyst. Media sentiment in the last ~14d is modestly positive while the 30–90d baseline is too sparse to compute a reliable delta (indeterminate); legal scans surfaced no active investigations (Red-Flag Screen clean).

SSTK is technically damaged after a high-volume gap to a fresh 52-week low. The close at 9.9 is below SMA20 13.61, SMA50 15.25, SMA200 18.42, EMA9 13.23, and EMA21 13.83; MACD is negative (-0.62 vs -0.48 signal) and ADX 31.98 confirms a strong downside trend, not a constructive base. RSI 27.9 and Williams %R -93.32 are deeply oversold, so a reflex bounce can happen, but the chart still ranks as broken rather than buyable for a 1-15 day bullish swing.