GETY Stock Forecast & Price Target

Getty Images Holdings Inc. reported a significant expansion in gross margin by 120 basis points, with adjusted EBITDA increasing by 12% year-over-year to $81 million, surpassing consensus expectations. The recovery of media customer revenue, fueled by the resolution of 2023's Hollywood strikes, positions the company for ongoing financial improvement, while a notable rise in other revenue (up 237% year-over-year) highlights the potential for further data licensing deals. Additionally, continued maturation of e-commerce subscriber cohorts, paired with stable Premium Access retention, supports an optimistic outlook for subscription net retention trends moving forward.

Getty Images Holdings Inc. has experienced a year-over-year decline in agency revenues, contributing to a negative outlook, particularly as their forecast for 2025 editorial revenue has been reduced by 1% due to foreign exchange headwinds and weaker growth expectations. The company also saw a significant drop in total purchasing customers, which fell 10% year-over-year, highlighting potential challenges in customer acquisition and retention despite a rise in annual subscribers. Overall, a reduction of 3% in total revenue expectations for 2025 reflects ongoing macroeconomic pressures and indicates limited pricing power within a relatively small market.