Analysts Set PubMatic, Inc. (NASDAQ:PUBM) Price Target at $12.44

Shares of PubMatic, Inc. (NASDAQ:PUBM) have been given an average recommendation of “Moderate Buy” by the nine research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $12.6250.

PUBM has been the topic of a number of research reports. Rosenblatt Securities increased their price objective on PubMatic from $20.00 to $21.00 and gave the stock a “buy” rating in a report on Friday. B. Riley Financial upgraded shares of PubMatic from a “neutral” rating to a “buy” rating and increased their price target for the stock from $10.00 to $10.50 in a research note on Friday. Wall Street Zen upgraded shares of PubMatic from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reiterated a “sell (d)” rating on shares of PubMatic in a report on Thursday, January 22nd. Finally, Wolfe Research reissued an “outperform” rating and set a $14.00 target price on shares of PubMatic in a research report on Monday, January 5th.

Insider Buying and Selling at PubMatic

In related news, CEO Rajeev K. Goel sold 44,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $7.55, for a total value of $332,200.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 431,650 shares of company stock valued at $3,434,455. 26.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Quarry LP acquired a new position in PubMatic during the 4th quarter worth $30,000. Caitong International Asset Management Co. Ltd increased its stake in shares of PubMatic by 75.6% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,449 shares of the company’s stock worth $39,000 after purchasing an additional 1,915 shares during the period. Tower Research Capital LLC TRC boosted its stake in PubMatic by 264.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,878 shares of the company’s stock valued at $61,000 after purchasing an additional 3,541 shares during the period. BNP Paribas Financial Markets grew its holdings in PubMatic by 120.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 8,875 shares of the company’s stock valued at $73,000 after buying an additional 4,856 shares during the last quarter. Finally, CWM LLC increased its position in PubMatic by 506.1% in the 2nd quarter. CWM LLC now owns 5,964 shares of the company’s stock worth $74,000 after buying an additional 4,980 shares during the period. 64.26% of the stock is currently owned by institutional investors and hedge funds.

PubMatic Stock Up 14.6%

PubMatic stock opened at $8.10 on Friday. PubMatic has a 12 month low of $6.15 and a 12 month high of $13.88. The stock has a market cap of $376.00 million, a P/E ratio of -26.13 and a beta of 1.58. The company’s fifty day simple moving average is $7.62 and its 200-day simple moving average is $8.26.

PubMatic (NASDAQ:PUBM) last issued its earnings results on Thursday, February 26th. The company reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.13. PubMatic had a negative return on equity of 5.68% and a negative net margin of 5.11%.The firm had revenue of $80.05 million for the quarter, compared to the consensus estimate of $76.12 million. On average, equities research analysts expect that PubMatic will post 0.22 earnings per share for the current fiscal year.

Trending Headlines about PubMatic

Here are the key news stories impacting PubMatic this week:

• Positive Sentiment: Q4 earnings and revenue beat—PubMatic reported $0.29 EPS vs. $0.16 expected and revenue of $80.05M vs. $76.12M, a clear upside that likely moved the stock. Press Release / Slide Deck
• Positive Sentiment: Analyst upgrades and higher price targets — Rosenblatt raised its price target to $21 and kept a Buy rating (large upside vs. current levels), and B. Riley upgraded the stock to Buy with a $10.50 target; these endorsements add buying momentum. Benzinga
• Positive Sentiment: Management guided Q1 revenue to $58.0M–$60.0M (slightly above consensus) and signaled a push for double‑digit revenue growth in H2 2026—this forward commentary supports upward revision expectations. PubMatic targets double-digit revenue growth in H2 2026 while accelerating agentic AI adoption
• Positive Sentiment: Strategic focus on agentic AI—coverage highlights management accelerating agentic AI investments, which investors view as a growth and differentiation catalyst for programmatic ad technology. PubMatic Is All In On Agentic AI
• Neutral Sentiment: Full earnings materials and call transcript are available for deeper due diligence (slides, press release, and transcript provide color on margins, product traction, and channel dynamics). Earnings Transcript & Materials
• Negative Sentiment: Profitability remains a concern—PubMatic still reported a negative net margin (~‑2.5%) and negative ROE, and Q4 EPS ($0.29) was below last year’s $0.41, which could temper sentiment despite the beat. Zacks: Surpasses Q4 Estimates

About PubMatic

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.