Should I buy or sell PubMatic stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PubMatic in the last twelve months. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" PUBM shares. View PUBM analyst ratings or view top-rated stocks .

What is PubMatic's stock price target for 2024?

7 brokers have issued 12-month price objectives for PubMatic's stock. Their PUBM share price targets range from $15.00 to $21.00. On average, they anticipate the company's stock price to reach $17.57 in the next year. This suggests a possible upside of 5.2% from the stock's current price. View analysts price targets for PUBM or view top-rated stocks among Wall Street analysts .

How have PUBM shares performed in 2023?

PubMatic's stock was trading at $12.81 at the start of the year. Since then, PUBM stock has increased by 30.4% and is now trading at $16.71. View the best growth stocks for 2023 here .

When is PubMatic's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our PUBM earnings forecast .

How were PubMatic's earnings last quarter?

PubMatic, Inc. (NASDAQ:PUBM) issued its earnings results on Wednesday, November, 8th. The company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.08) by $0.11. The business earned $63.68 million during the quarter, compared to analysts' expectations of $59.46 million. PubMatic had a trailing twelve-month return on equity of 1.53% and a net margin of 1.15%. The business's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.22 earnings per share.

What ETFs hold PubMatic's stock?

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

When did PubMatic IPO?

(PUBM) raised $100 million in an initial public offering (IPO) on Wednesday, December 9th 2020. The company issued 5,900,000 shares at a price of $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.

Who are PubMatic's major shareholders?

PubMatic's stock is owned by a number of institutional and retail investors. Top institutional investors include Royal Bank of Canada (2.05%), Mirae Asset Global Investments Co. Ltd. (0.77%), Northern Trust Corp (0.75%), American Century Companies Inc. (0.59%), Jacobs Levy Equity Management Inc. (0.47%) and Bank of New York Mellon Corp (0.34%). Insiders that own company stock include Amar K Goel, Amar K Goel , Andrew Woods, Ashish Gupta, 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 .

How do I buy shares of PubMatic?

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

PubMatic Stock Price, News & Analysis (NASDAQ:PUBM)

$16.71

-0.34 (-1.99%)

(As of 11/30/2023 ET)

Compare

Today's Range: $16.66
▼
$17.24
50-Day Range: $11.16
▼
$17.05
52-Week Range: $10.92
▼
$20.08

Volume: 370,328 shs
Average Volume: 423,319 shs
Market Capitalization: $848.20 million

P/E Ratio: 557.00
Dividend Yield: N/A
Price Target: $17.57

PubMatic MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 5.2% Upside
$17.57 Price Target
Short Interest: Healthy
1.99% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.54
Based on 3 Articles This Week
Insider Trading: Selling Shares
$633,796 Sold Last Quarter
Proj. Earnings Growth: 650.00%
From $0.02 to $0.15 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.54 out of 5 stars

Computer And Technology Sector

522nd out of 602 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

48th out of 56 stocks

1.3

Analyst's Opinion

Consensus Rating
PubMatic has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $17.57, PubMatic has a forecasted upside of 5.2% from its current price of $16.71.
Amount of Analyst Coverage
PubMatic has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.99% of the outstanding shares of PubMatic have been sold short.
Short Interest Ratio / Days to Cover
PubMatic has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in PubMatic has recently decreased by 4.72%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
PubMatic does not currently pay a dividend.
Dividend Growth
PubMatic does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PUBM.

1.4

News and Social Media Coverage

News Sentiment
PubMatic has a news sentiment score of 0.54. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for PubMatic this week, compared to 3 articles on an average week.
Search Interest
Only 4 people have searched for PUBM on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added PubMatic to their MarketBeat watchlist in the last 30 days. This is a decrease of -22% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PubMatic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $633,796.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of PubMatic is held by insiders.
Percentage Held by Institutions
Only 39.80% of the stock of PubMatic is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for PubMatic are expected to grow by 650.00% in the coming year, from $0.02 to $0.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PubMatic is 557.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 112.25.
Price to Earnings Ratio vs. Sector
The P/E ratio of PubMatic is 557.00, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 244.94.
Price to Book Value per Share Ratio
PubMatic has a P/B Ratio of 2.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About PubMatic Stock (NASDAQ:PUBM)

PubMatic, Inc. provides a cloud infrastructure platform that enables real-time programmatic advertising transactions for Internet content creators and advertisers worldwide. The company's solutions include Openwrap, a header bidding solution that provides custom management tools and performance optimization insights; Openwrap OTT, a prebid-powered unified bidding solution; and Openwrap SDK, an enterprise-grade management tools and analytics. In addition, it offers Ad quality solutions targeting the reduction of security issues, quality issues, and performance issues; Identity Hub, an ID management tool for publishers that leverages specialized technology?infrastructure?to simplify the complex alternative identifier marketplace; pubmatic SSP for publishers and buyers; and connect for publishers and buyers. The company's platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over-the-top (OTT), connected television, and media. PubMatic, Inc. was incorporated in 2006 and is based in Redwood City, California.

PUBM Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PUBM Stock News Headlines

November 21, 2023 | marketbeat.com

2 low priced AdTech stocks to ride the advertising rebound

The growth of CTV devices and ad-supported streaming networks is a tailwind for these two SSP stocks that are priced cheap and didn't lower their guidance

November 28, 2023 | seekingalpha.com

PubMatic: Strong Outlook But Scale Is A Concern

December 1, 2023 | Wealthpress (Ad)

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November 24, 2023 | finance.yahoo.com

PubMatic (PUBM) Expands in India With PhonePe Collaboration

November 22, 2023 | finance.yahoo.com

PubMatic and PhonePe Partner to Deliver High Quality and Engaging Audience Assets to Advertisers in India

November 22, 2023 | finance.yahoo.com

Earnings Estimates Moving Higher for PubMatic, Inc. (PUBM): Time to Buy?

November 20, 2023 | finance.yahoo.com

PubMatic, Inc.'s (NASDAQ:PUBM) one-year returns climbed after last week's 7.0% gain, institutional investors must be happy

November 16, 2023 | finance.yahoo.com

PubMatic Broadens Global Footprint with the appointment of Franck Lewkowicz as Country Manager, France

December 1, 2023 | DTI Trader (Ad)

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