Embodiments of the present disclosure relate to image stabilization technology, and provide an image stabilization method and apparatus, a terminal, and a storage medium. The method is applied in a terminal equipped with at least two camera modules corresponding to different focal length ranges. The method includes: obtaining a first image outputted from a first camera module of the at least two camera modules and a second image outputted from a second camera module of the at least two camera modules; processing, in a zooming process, the first image and the second image in a predetermined processing scheme to obtain a target image, the predetermined processing scheme including an electric image stabilization process and a zooming process, the zooming process being a process of switching from the first camera module to the second camera module; and displaying the target image on a viewfinder screen.