NASDAQ:PUBM

PubMatic (PUBM) Stock Price, News & Analysis

$24.02
+1.20 (+5.26%)
(As of 05/17/2024 ET)
Today's Range
$22.74
$24.18
50-Day Range
$20.37
$24.02
52-Week Range
$10.92
$25.36
Volume
672,323 shs
Average Volume
466,921 shs
Market Capitalization
$1.20 billion
P/E Ratio
114.39
Dividend Yield
N/A
Price Target
$23.00

PubMatic MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
4.2% Downside
$23.00 Price Target
Short Interest
Healthy
3.20% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of PubMatic in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$4.13 M Sold Last Quarter
Proj. Earnings Growth
95.83%
From $0.24 to $0.47 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.69 out of 5 stars

Computer And Technology Sector

351st out of 596 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

34th out of 59 stocks

PUBM stock logo

About PubMatic Stock (NASDAQ:PUBM)

PubMatic, Inc., a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers. The company also provides solutions, including OpenWrap, a header bidding solution; Openwrap OTT, a prebid-powered unified bidding solution; Openwrap SDK, an enterprise-grade management tools and analytics; Connect, a solution that provides additional data and insights to publishers and buyers; Activate, which allows buyers to execute direct deals on its platform across publisher inventory; Convert, a commerce media solution; and Identity Hub, an ID management tool for publishers that leverages specialized technology?infrastructure?to simplify the complex alternative identifier marketplace. Its 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. The company was incorporated in 2006 and is based in Redwood City, California.

PUBM Stock Price History

PUBM Stock News Headlines

The Trade Desk Raised Forecasts Means Ad Spending is Back, Maybe (PUBM)
The Trade Desk Inc. (NASDAQ: TTD) is one of the largest artificial intelligence (AI) powered demand-side programmatic advertising platform providers
PubMatic to Participate at Upcoming Investor Summit
PubMatic (NASDAQ:PUBM) PT Raised to $30.00
Lake Street Reaffirms Their Buy Rating on PubMatic (PUBM)
Jefferies Sticks to Their Hold Rating for PubMatic (PUBM)
What To Expect From PubMatic's (PUBM) Q1 Earnings
PubMatic Inc - Ordinary Shares - Class A
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/17/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Current Symbol
NASDAQ:PUBM
Fax
N/A
Employees
948
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.00
High Stock Price Target
$30.00
Low Stock Price Target
$16.00
Potential Upside/Downside
-4.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
$8.88 million
Pretax Margin
6.13%

Debt

Sales & Book Value

Annual Sales
$267.01 million
Cash Flow
$1.10 per share
Book Value
$5.77 per share

Miscellaneous

Free Float
48,559,000
Market Cap
$1.20 billion
Optionable
Optionable
Beta
1.52
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PUBM Stock Analysis - Frequently Asked Questions

Should I buy or sell PubMatic stock right now?

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.

What is PubMatic's stock price target for 2024?

6 brokers have issued twelve-month price targets for PubMatic's shares. Their PUBM share price targets range from $16.00 to $30.00. On average, they anticipate the company's share price to reach $23.00 in the next year. This suggests that the stock has a possible downside of 4.2%.
View analysts price targets for PUBM
or view top-rated stocks among Wall Street analysts.

How have PUBM shares performed in 2024?

PubMatic's stock was trading at $16.31 at the beginning of 2024. Since then, PUBM stock has increased by 47.3% and is now trading at $24.02.
View the best growth stocks for 2024 here
.

When is PubMatic's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our PUBM earnings forecast
.

How were PubMatic's earnings last quarter?

PubMatic, Inc. (NASDAQ:PUBM) posted its quarterly earnings data on Tuesday, May, 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.12) by $0.07. The firm had revenue of $66.70 million for the quarter, compared to analysts' expectations of $62.19 million. PubMatic had a net margin of 4.42% and a trailing twelve-month return on equity of 4.21%. The business's revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the company earned ($0.09) earnings per share.

What guidance has PubMatic issued on next quarter's earnings?

PubMatic issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $69.0 million-$71.0 million, compared to the consensus revenue estimate of $68.8 million.

When did PubMatic IPO?

PubMatic (PUBM) raised $100 million in an initial public offering (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.

Who are PubMatic's major shareholders?

PubMatic's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.51%), Jacobs Levy Equity Management Inc. (0.88%), Mirae Asset Global Investments Co. Ltd. (0.83%), Hillsdale Investment Management Inc. (0.40%), Russell Investments Group Ltd. (0.25%) and PEAK6 Investments LLC (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
.

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.
Compare Top Brokerages Here.

This page (NASDAQ:PUBM) was last updated on 5/18/2024 by MarketBeat.com Staff

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