PubMatic (PUBM) Stock Price, News & Analysis

Company Overview

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. Since inception, the company has prioritized platform scalability and innovation, broadening its capabilities to support emerging formats such as programmatic digital audio and advanced connected TV integration. PubMatic’s open internet ethos underpins strategic partnerships with both demand-side and supply-side players, reinforcing data integrity and operational efficiency across the ecosystem.

With a global footprint spanning North America, Europe, Asia-Pacific and Latin America, PubMatic maintains regional offices in key markets including Redwood City, New York, London, Singapore and Mumbai. These local teams work closely with digital publishers, ad networks and app developers to tailor solutions for diverse media environments. Under the leadership of co-founder and CEO Rajeev Goel, PubMatic continues to invest in privacy-compliant technologies and programmatic innovations designed to support publishers’ revenue goals and deliver relevant, quality advertising experiences to audiences worldwide.

Key Stats

• Today's Range: $7.99 to $8.61
• 50-Day Range: $7.82 to $11.67
• 52-Week Range: $7.01 to $17.74
• Volume: 876,422 shs
• Average Volume: 629,619 shs
• Market Capitalization: $365.30 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $12.44
• Consensus Rating: Hold

PubMatic Stock Analysis - MarketRank™

PubMatic scored higher than 65% of companies evaluated by MarketBeat, and ranked 321st out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.2 / 5
• Analyst Rating: Hold

Consensus Rating

PubMatic has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.

Upside Potential

PubMatic has a consensus price target of $12.44, representing about 55.7% upside from its current price of $7.99.

Amount of Analyst Coverage

PubMatic has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -72.73%

Earnings Growth

Earnings for PubMatic are expected to decrease by -72.73% in the coming year, from $0.22 to $0.06 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of PubMatic is -114.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of PubMatic is -114.13, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

PubMatic has a P/B Ratio of 1.39. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.07% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PubMatic has recently increased by 6.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

PubMatic does not currently pay a dividend.

Dividend Growth

PubMatic does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.07% 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 2.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PubMatic has recently increased by 6.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.26

News Sentiment

PubMatic has a news sentiment score of 0.26. 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 0.74 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 32 news articles for PubMatic this week, compared to 13 articles on an average week.

Search Interest

30 people have searched for PUBM on MarketBeat in the last 30 days. This is an increase of 329% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

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 $3,290,348.00 in company stock.

Percentage Held by Insiders

26.42% of the stock of PubMatic is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

64.26% of the stock of PubMatic is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PUBM Stock Analysis - Frequently Asked Questions

How have PUBM shares performed this year?

PubMatic's stock was trading at $14.69 at the start of the year. Since then, PUBM shares have decreased by 45.6% and is now trading at $7.99.

How were PubMatic's earnings last quarter?

PubMatic, Inc. (NASDAQ:PUBM) issued its earnings results on Monday, August, 11th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.02 by $0.13. The firm's revenue for the quarter was up 5.6% on a year-over-year basis.
Read the conference call transcript.

When did PubMatic IPO?

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 served 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?

Top institutional shareholders of PubMatic include Voya Investment Management LLC (0.13%). Insiders that own company stock include Mukul Kumar, Andrew Woods, Steven Pantelick, Amar K Goel, Jeffrey K Hirsch, Lisa Gimbel, Paulina Klimenko, Der Zweep Michael Van and Rajeev K Goel.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of PubMatic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PubMatic investors own include Digital Turbine (APPS), CrowdStrike (CRWD), SoFi Technologies (SOFI), Okta (OKTA) and Archer Aviation (ACHR).

Company Calendar

• Last Earnings: 8/11/2025
• Today: 10/12/2025
• Next Earnings (Estimated): 11/11/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:PUBM
• CIK: 1422930
• Web: pubmatic.com
• Phone: 650-331-3485
• Fax: N/A
• Employees: 1,049
• Year Founded: 2006

Price Target and Rating

• Average Price Target for PubMatic: $12.44
• High Price Target: $19.00
• Low Price Target: $9.00
• Potential Upside/Downside: +55.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 9 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.07)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 36.32
• P/E Growth: N/A
• Net Income: $12.50 million
• Net Margins: -0.58%
• Pretax Margin: 0.24%
• Return on Equity: -0.64%
• Return on Assets: -0.25%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.32
• Quick Ratio: 1.32

Sales & Book Value

• Annual Sales: $291.26 million
• Price / Sales: 1.25
• Cash Flow: $1.20 per share
• Price / Cash Flow: 6.64
• Book Value: $5.76 per share
• Price / Book: 1.39

Miscellaneous

• Outstanding Shares: 45,720,000
• Free Float: 33,643,000
• Market Cap: $365.30 million
• Optionable: Optionable
• Beta: 1.50