About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

Oversold Shutterstock Hits Bottom: AI For Income Investors

Shutterstocl stock chart

The market for Shutterstock (NASDAQ: SSTK) stock is down 60% from its highs, but the bottom is finally in. The stock is among the most over-sold on Wall Street and shows signs of a budding reversal that could send the market back to its pandemically-inspired highs. The latest news confirms a trend of releases that point to 1 thing: Shutterstock is taking the AI game seriously and positioning itself to capitalize on it.

There are gains to be made based on the outlook for AI-powered services. AI is estimated to be worth around $50 billion this year and will grow at a 50% CAGR through the decade's end. The market will reach $2.25 trillion in the early 2030s, and services will be the largest slice of the pie. 

The latest news is an extended deal with OpenAI. The new deal extends the previous by 6 years and expands it to additional data resources. OpenAI will have expanded access to images, videos, and music for AI-training purposes, and there is an interchange as well. OpenAI will help Shutterstock embed AI functionality into the new Giphy purchase, which should help drive the use of Giphy and Shutterstock services. 

Shutterstock bought Giphy from Meta (NASDAQ: META) for $53 million. This is a considerable loss for the Facebook parent but alleviates antitrust violations in the UK. Shutterstock execs view Giphy’s 1.7 million average daily users as an in into the mainstream market for its, until now, business-centric services.

The idea is that expanding the use and functionality of social media will drive more use of Shutterstock images, media, and services. Additional benefits are cross-platform partnerships with Facebook, WhatsApp, and Microsoft (NASDAQ: MSFT), to name a few. 

The Analysts See Double-Digit Upside For Shutterstock 

Needham recently pointed out Shutterstock as a potential sleeper-win in the AI space. In their view, Shutterstock has the widest risk-to-reward profile in AI due to the potential for new business streams and market share gains in the core business. Needham is 1 of 5 analysts tracked by Marketbeat with a current rating, and they have the stock pegged at Buy with a price target of $90.

That’s above the $87 consensus figure and well below last year’s consensus but still a solid 65% above the current action. Even the low price target, set this year, assumes a double-digit upside, and upward revisions may be coming. 

The company is expected to post YOY growth when it reports Q2 earnings later this month. The analysts have lowered their targets over the past month, so the bar is low. However, the takeaway is that increased guidance may compound outperformance due to the surge in AI interest. This company stands to benefit from new revenue streams relating to the AI industry and AI services for the mass market.

The real question is whether Shutterstock can make money, and it does. The company also returns capital to shareholders through a dividend income investors will like. The stock yields more than 2.2%, with shares trading near long-term lows, and the payout is reliable. The payout ratio is a low 23% of the earnings outlook, and the balance sheet is a fortress. 

The Technical Outlook: Shutterstock Bottoms, Reversal Is Next 

The Shutterstock market hit bottom late last year and retested it again in spring 2023. That resulted in a solid bounce driven by the OpenAI news, which should get the market up to $60 or higher.

The question is if the stock can regain support at the 150-day moving average. If so, it will likely complete the reversal and return to the top of the trading range near $80. If not, this stock could continue to wallow at current levels or move lower until results show clear improvement related to AI. 

Shutterstocl stock chart

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.