The invention relates to the field of video processing, and discloses a video stitching method and device, electronic equipment and a computer readable storage medium, and the method comprises the steps: detecting the similarity between a first image and a second image, wherein the first image is the last frame of image of a first to-be-stitched video, and the second image is the first frame of image of a second to-be-stitched video; then, if the similarity meets a preset condition, determining a motion vector of the first image relative to the second image; according to the motion vector, determining at least one compensation frame between the first image and the second image, and splicing the first image and the second image based on at least one compensation frame so as to splice the first to-be-spliced video and the second to-be-spliced video. According to the method provided by the embodiment of the invention, the smooth compensation can be efficiently carried out on jitter occurring at the joint in real time, so smooth transition can be carried out among multiple video segments, and the occurrence of image jitter or image hopping after the multiple video segments are splicedis effectively reduced.