Weekly Research Analysts’ Ratings Changes for PubMatic (PUBM)

Several brokerages have updated their recommendations and price targets on shares of PubMatic (NASDAQ: PUBM) in the last few weeks:

• 2/28/2026 – PubMatic was upgraded by Wall Street Zen from “sell” to “hold”.
• 2/27/2026 – PubMatic was upgraded by Lake Street Capital from “hold” to “strong-buy”.
• 2/27/2026 – PubMatic had its price target raised by Rosenblatt Securities from $20.00 to $21.00. They now have a “buy” rating on the stock.
• 2/27/2026 – PubMatic was upgraded by B. Riley Financial, Inc. from “neutral” to “buy”. They now have a $10.50 price target on the stock, up from $10.00.
• 1/22/2026 – PubMatic had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 1/10/2026 – PubMatic was downgraded by Wall Street Zen from “hold” to “sell”.

Insider Buying and Selling

In other PubMatic news, Chairman Amar K. Goel sold 7,158 shares of the company’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $8.73, for a total value of $62,489.34. Following the sale, the chairman owned 12,496 shares in the company, valued at approximately $109,090.08. This represents a 36.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Steven Pantelick sold 18,398 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $8.81, for a total transaction of $162,086.38. Following the sale, the chief financial officer directly owned 28,685 shares in the company, valued at $252,714.85. The trade was a 39.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 387,650 shares of company stock valued at $3,037,575 over the last quarter. 26.42% of the stock is currently owned by company insiders.

PubMatic is a cloud-based digital advertising technology company that provides a supply-side platform (SSP) enabling publishers to automate and optimize the sale of their ad inventory across display, mobile, video and connected TV channels. Its core offerings include real-time bidding infrastructure, header bidding solutions under the OpenWrap brand and data analytics tools that deliver actionable insights on audience engagement and monetization performance. By facilitating seamless auctions and providing transparent reporting, PubMatic helps publishers maximize yield while improving buyer experiences.

Founded in 2006 by Rajeev Goel and a team of ad-tech veterans, PubMatic grew from an early entrant in programmatic selling to a publicly traded company, listing on the Nasdaq (symbol: PUBM) in December 2020.