PubMatic (PUBM) Stock Price, News & Analysis

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PubMatic in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" PUBM shares.
View PUBM analyst ratings or view top-rated stocks.

6 Wall Street analysts have issued twelve-month price targets for PubMatic's stock. Their PUBM share price targets range from $16.00 to $27.00. On average, they predict the company's share price to reach $22.20 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price.
View analysts price targets for PUBM or view top-rated stocks among Wall Street analysts.

PubMatic's stock was trading at $16.31 at the beginning of 2024. Since then, PUBM stock has increased by 32.5% and is now trading at $21.61.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our PUBM earnings forecast.

PubMatic will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

PubMatic, Inc. (NASDAQ:PUBM) posted its quarterly earnings results on Monday, February, 26th. The company reported $0.34 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.15. The business had revenue of $84.60 million for the quarter, compared to analyst estimates of $78.19 million. PubMatic had a net margin of 3.33% and a trailing twelve-month return on equity of 3.29%. The business's quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.24 EPS.

ETFs with the largest weight of PubMatic (NASDAQ:PUBM) stock in their portfolio include SmartETFs Advertising & Marketing Technology ETF (MRAD), Global X Cloud Computing ETF (CLOU), First Trust Dow Jones Select Microcap Index Fund (FDM), SPDR FactSet Innovative Technology ETF (XITK) and AOT Growth & Innovation ETF (AOTG).Invesco Dorsey Wright Technology Momentum ETF (PTF).

PubMatic issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $61.0 million-$63.0 million, compared to the consensus revenue estimate of $58.2 million.

PubMatic (PUBM) raised $100 million in an IPO on Wednesday, December 9th 2020. The company issued 5,900,000 shares at $16.00-$18.00 per share. Jefferies and RBC Capital Markets acted as the underwriters for the IPO and JMP Securities, Keybanc Capital Markets, Oppenheimer & Co. and Raymond James Securities were co-managers.

PubMatic's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Los Angeles Capital Management LLC (0.12%), Counterpoint Mutual Funds LLC (0.06%), Harbour Capital Advisors LLC (0.02%), Mesirow Financial Investment Management Inc. (0.02%) and Guinness Atkinson Asset Management Inc (0.00%). Insiders that own company stock include Amar K Goel, Amar K Goel, Andrew Woods, August Capital Management V, L, Cathleen Black, Cnh Capital Co Ltd, Der Zweep Michael Van, Howard Hartenbaum, Jeffrey K Hirsch, Mukul Kumar, Paulina Klimenko, Rajeev K Goel, Rajeev K Goel, Steven Pantelick, Susan Daimler, Thomas C Chow and Thomas C Chow.
View institutional ownership trends.

Shares of PUBM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.