In July 2023, Shutterstock signed long-term data partnerships with OpenAI, a pioneer in Generative AI, representing a budding new industry for Shutterstock, as seen in their Q3 results. I think the ...
Shutterstock's stock has declined over 60% from its 2022 highs, but its current valuation at under 12x forward earnings presents upside potential. The company is making moves to transform itself ...