NASDAQ:PUBM

PubMatic (PUBM) Stock Forecast, Price & News

$12.10

-0.03 (-0.25%)

(As of 09/29/2023 ET)

Compare

Today's Range: $12.07
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$12.40
50-Day Range: $11.60
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$19.99
52-Week Range: $11.57
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$20.08

Volume: 311,126 shs
Average Volume: 302,748 shs
Market Capitalization: $627.63 million

P/E Ratio: 201.70
Dividend Yield: N/A
Price Target: $17.89

PubMatic MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 47.8% Upside
$17.89 Price Target
Short Interest: Healthy
2.66% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 4 Articles This Week
Insider Trading: Selling Shares
$1.78 M Sold Last Quarter
Proj. Earnings Growth: Growing
From ($0.17) to $0.09 Per Share

Overall MarketRank^™

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

2.63 out of 5 stars

Computer And Technology Sector

155th out of 606 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

16th out of 61 stocks

4.3

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 $17.89, PubMatic has a forecasted upside of 47.8% from its current price of $12.10.
Amount of Analyst Coverage
PubMatic has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.66% 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 3.5, 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 14.81%, indicating that investor sentiment is improving significantly.

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.

2.5

News and Social Media Coverage

News Sentiment
PubMatic has a news sentiment score of 0.45. 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 is a lower news sentiment than the 0.63 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 4 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 -67% compared to the previous 30 days.
MarketBeat Follows
8 people have added PubMatic to their MarketBeat watchlist in the last 30 days. This is an increase of 60% 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 $1,781,216.00 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.

1.3

Earnings and Valuation

Earnings Growth
Earnings for PubMatic are expected to grow in the coming year, from ($0.17) to $0.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of PubMatic is 201.70, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 106.66.
Price to Earnings Ratio vs. Sector
The P/E ratio of PubMatic is 201.70, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 220.86.
Price to Book Value per Share Ratio
PubMatic has a P/B Ratio of 2.04. 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 (NASDAQ:PUBM) Stock

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 Price History

30 days | 90 days | 365 days | Advanced Chart

PUBM Stock News Headlines

October 1, 2023 | americanbankingnews.com

PubMatic, Inc. (NASDAQ:PUBM) Given Average Recommendation of "Moderate Buy" by Brokerages

September 28, 2023 | msn.com

2 Growth Stocks Near 52-Week Lows That Could Shoot 45% to 55% Higher, According to Wall Street

October 1, 2023 | Behind the Markets (Ad)

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There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.

September 22, 2023 | morningstar.com

PubMatic Inc Ordinary Shares - Class A

September 19, 2023 | finance.yahoo.com

New Study Finds Technology Providers are Key to Driving Commerce Media Success

September 10, 2023 | seekingalpha.com

PubMatic: Debt-Free, With $170 Million In Cash, But Little Else

August 30, 2023 | finance.yahoo.com

PubMatic Announces Appointment of Two New Independent Directors

August 23, 2023 | fool.com

Why I'm Selling My Last Pure-Play Adtech Stock Except for The Trade Desk

October 1, 2023 | Behind the Markets (Ad)

BREAKING: Tiny biotech successfully treats blindness

August 15, 2023 | msn.com

The Changing Entertainment Landscape

August 14, 2023 | msn.com

PubMatic: The SSP Narrative Is Shaky

August 12, 2023 | barrons.com

PubMatic Inc.

August 11, 2023 | finance.yahoo.com

Why PubMatic Stock Plummeted 31.7% This Week

August 11, 2023 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of PubMatic, Inc. - PUBM

August 11, 2023 | benzinga.com

PubMatic, Inc.: Company Investigated by the Portnoy Law Firm

August 10, 2023 | msn.com

JMP Securities Maintains PubMatic Inc - (PUBM) Market Outperform Recommendation

August 10, 2023 | finance.yahoo.com

Are Investors Undervaluing PubMatic, Inc. (NASDAQ:PUBM) By 21%?

August 10, 2023 | markets.businessinsider.com

Analysts Offer Insights on Technology Companies: PubMatic (PUBM) and Twilio (TWLO)

August 9, 2023 | theglobeandmail.com

Why PubMatic (PUBM) Shares Are Sliding Today

August 9, 2023 | finance.yahoo.com

Why PubMatic Stock Crashed 30 Percent Today

August 9, 2023 | finanznachrichten.de

PubMatic, Inc.: PubMatic Announces Second Quarter 2023 Financial Results

August 9, 2023 | msn.com

Oppenheimer downgrades PubMatic on incoming headwinds; shares fall

August 9, 2023 | benzinga.com

PubMatic Analysts Slash Their Forecasts After Q2 Results

August 9, 2023 | finance.yahoo.com

PubMatic (PUBM) Q2 2023 Earnings Call Transcript

August 8, 2023 | msn.com

PubMatic Non-GAAP EPS of $0.02 beats by $0.03, revenue of $63.3M beats by $3.51M

August 8, 2023 | theglobeandmail.com

PubMatic (NASDAQ:PUBM) Q2 Sales Beat Estimates But Quarterly Guidance Underwhelms

August 8, 2023 | finance.yahoo.com

PubMatic Announces Second Quarter 2023 Financial Results

See More Headlines

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PUBM Company Calendar

Last Earnings: 8/08/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:PUBM
CUSIP: N/A
CIK: 1422930
Web: pubmatic.com
Phone: 650-331-3485
Fax: N/A
Employees: 875
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $17.89
High Stock Price Forecast: $21.00
Low Stock Price Forecast: $15.00
Forecasted Upside/Downside: +47.8%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.06
Trailing P/E Ratio: 201.70
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $28.70 million
Net Margins: 1.75%
Pretax Margin: 2.76%
Return on Equity: 5.06%
Return on Assets: 2.53%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.65
Quick Ratio: 1.65

Sales & Book Value

Annual Sales: $256.38 million
Price / Sales: 2.45
Cash Flow: $1.32 per share
Price / Cash Flow: 9.19
Book Value: $5.92 per share
Price / Book: 2.04

Miscellaneous

Outstanding Shares: 51,870,000
Free Float: 50,831,000
Market Cap: $627.63 million
Optionable: Not Optionable
Beta: 0.96

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Key Executives

Mr. Amar K. Goel (Age 46)
Founder, Chief Innovation Officer & Chairman
Comp: $461.06k

Mr. Rajeev K. Goel (Age 44)
Co-Founder, CEO & Director
Comp: $1.12M

Mr. Mukul Kumar (Age 51)
Co-Founder & Pres of Engineering
Comp: $375k

Mr. Steven Pantelick (Age 59)
Chief Financial Officer
Comp: $799.56k

Mr. Jeffrey K. Hirsch (Age 64)
Chief Commercial Officer
Comp: $652.54k

Ms. Lisa Gimbel (Age 42)
Chief Accounting Officer & Principal Accounting Officer

Mr. Andrew Woods
Gen. Counsel & Corp. Sec.

Ms. Johanna Bauman
Chief Marketing Officer

Ms. Lorrie Dougherty
Sr. VP of HR

Ms. Paulina Klimenko
Chief Growth Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PUBM Stock - Frequently Asked Questions

Should I buy or sell PubMatic stock right now?: 7 Wall Street equities 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 equities 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 forecast for 2023?: 7 brokers have issued 1-year price objectives for PubMatic's stock. Their PUBM share price forecasts range from $15.00 to $21.00. On average, they predict the company's share price to reach $17.89 in the next twelve months. This suggests a possible upside of 47.8% 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 on January 1st, 2023. Since then, PUBM stock has decreased by 5.5% and is now trading at $12.10.
View the best growth stocks for 2023 here.
Are investors shorting PubMatic?: PubMatic saw a drop in short interest in the month of September. As of September 15th, there was short interest totaling 1,380,000 shares, a drop of 14.8% from the August 31st total of 1,620,000 shares. Based on an average daily volume of 395,200 shares, the short-interest ratio is currently 3.5 days.
View PubMatic's Short Interest.
When is PubMatic's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our PUBM earnings forecast.
How were PubMatic's earnings last quarter?: PubMatic, Inc. (NASDAQ:PUBM) issued its earnings results on Tuesday, August, 8th. The company reported ($0.11) EPS for the quarter, missing analysts' consensus estimates of ($0.09) by $0.02. The firm had revenue of $63.33 million for the quarter, compared to analyst estimates of $59.92 million. PubMatic had a net margin of 1.75% and a trailing twelve-month return on equity of 5.06%.
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).

What guidance has PubMatic issued on next quarter's earnings?: PubMatic updated its third quarter 2023 earnings guidance on Tuesday, August, 8th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $58.00 million-$61.00 million, compared to the consensus revenue estimate of $65.93 million.
When did PubMatic IPO?: (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 served as the underwriters for the IPO and JMP Securities, Keybanc Capital Markets, Oppenheimer & Co. and Raymond James Securities were co-managers.
What is PubMatic's stock symbol?: PubMatic trades on the NASDAQ under the ticker symbol "PUBM."
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.
What is PubMatic's stock price today?: One share of PUBM stock can currently be purchased for approximately $12.10.
How much money does PubMatic make?: PubMatic (NASDAQ:PUBM) has a market capitalization of $627.63 million and generates $256.38 million in revenue each year. The company earns $28.70 million in net income (profit) each year or $0.06 on an earnings per share basis.
How many employees does PubMatic have?: The company employs 875 workers across the globe.
How can I contact PubMatic?: The official website for the company is pubmatic.com. The company can be reached via phone at 650-331-3485 or via email at investors@pubmatic.com.

This page (NASDAQ:PUBM) was last updated on 10/1/2023 by MarketBeat.com Staff

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