Getty Images Holdings Inc (NYSE: GETY) opened roughly 50% higher today after announcing a multi-year licensing agreement with a San Francisco-headquartered fast-growing search startup – Perplexity AI.
The deal will integrate GETY’s editorial and creative visuals into Perplexity’s artificial intelligence (AI) powered search engine and browser, Comet. Additionally, the startup will enhance attribution by embedding image credits and source links as well.
While the financial terms of the team-up remain undisclosed, the strategic implications are already fuelling speculation.
At its intraday peak, Getty Images stock was seen trading at more than double its price in early April.
Why did Getty Images stock soar on Perplexity deal
Partnering with Perplexity marks a strategic victory for GETY shares as it positions the company at the intersection of artificial intelligence and visual content.
Having its licensed imagery embedded into the startup’s search tools and browser, Getty Images gains exposure to a rapidly expanding user base and a new monetisation channel.
Perplexity competes directly with giants like Google and OpenAI, and its commitment to proper attribution and linking could elevate Getty Images’ brand visibility and licensing revenue.
“Partnerships such as this support AI platforms to increase the quality and accuracy of information delivered to consumers,” said Nick Unsworth, the NYSE-listed firm’s vice president of strategic development.
In short, the announced deal signals relevance in the AI era and could catalyze further integrations – potentially driving Getty Images shares even higher over time.
Why GETY shares remain unattractive to own
Despite the excitement, investors must tread carefully.
GETY stock remains a thinly traded name with a modest market cap and limited institutional coverage.
Its financials have shown uneven performance, and the company still operates at a loss.
Moreover, today’s cosmic run appears driven more by retail momentum than fundamental revaluation, raising concerns about sustainability.
In fact, Getty Images stock is trading more than 15% lower compared to its intraday peak at writing – indicating the sell-off has already begun.
What’s also worth mentioning is that GETY, even after this morning’s surge, remains a penny stock – a category of equities notorious for unusually high volatility and pump-and-dump behaviour.
Therefore, without clarity on the revenue impact of the Perplexity deal, the valuation jump may be premature.
The broader AI licensing landscape is competitive, and Getty’s long-term leverage in such partnerships remains uncertain.
How to play Getty Images heading into 2026
Getty’s collaboration with Perplexity is a meaningful step toward embedding its content in next-gen platforms.
It validates the company’s relevance in the evolving AI ecosystem and could unlock new revenue streams.
However, the sharp increase in GETY share price today demands scrutiny.
For long-term investors, the transaction is worth watching – but chasing the rally without deeper conviction could prove risky.
As Getty Images navigates the AI-driven content economy, execution and transparency will be key to sustaining investor confidence.
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