PubMatic (PUBM) Stock Forecast, Price Target & Predictions
PUBM Stock Forecast
PubMatic stock forecast is as follows: an average price target of $24.80 (represents a 60.10% upside from PUBM’s last price of $15.49) and a rating consensus of 'Buy', based on 6 wall street analysts offering a 1-year stock forecast.
PUBM Price Target
The average price target for PubMatic (PUBM) is $24.80 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $16.00. This represents a potential 60.10% upside from PUBM's last price of $15.49.
PUBM Analyst Ratings
According to 6 Wall Street analysts, PubMatic's rating consensus is 'Buy'. The analyst rating breakdown for PUBM stock is 0 'Strong Buy' (0.00%), 3 'Buy' (50.00%), 3 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
PubMatic Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Aug 20, 2024 | Matthew Swanson | RBC Capital | $23.00 | $14.49 | 58.73% | 48.48% |
| Aug 09, 2024 | Matthew Swanson | RBC Capital | $26.00 | $19.60 | 32.65% | 67.85% |
| Aug 09, 2024 | James Heaney | Jefferies | $16.00 | $19.60 | -18.37% | 3.29% |
| Apr 19, 2024 | Daniel Day | B.Riley Financial | $27.00 | $21.54 | 25.35% | 74.31% |
| Aug 09, 2022 | Matthew Swanson | RBC Capital | $28.00 | $21.84 | 28.21% | 80.76% |
| Aug 09, 2022 | - | JMP Securities | $34.00 | $17.76 | 91.44% | 119.50% |
| Jul 26, 2022 | - | Raymond James | $24.00 | $15.47 | 55.14% | 54.94% |
| May 10, 2022 | Ronald Josey | JMP Securities | $40.00 | $19.45 | 105.66% | 158.23% |
| May 10, 2022 | - | Raymond James | $25.00 | $19.00 | 31.58% | 61.39% |
The latest PubMatic stock forecast, released on Aug 20, 2024 by Matthew Swanson from RBC Capital, set a price target of $23.00, which represents a 58.73% increase from the stock price at the time of the forecast ($14.49), and a 48.48% increase from PUBM last price ($15.49).
PubMatic Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 4 |
| Avg Price Target | - | $23.00 | $23.00 |
| Last Closing Price | $15.49 | $15.49 | $15.49 |
| Upside/Downside | -100.00% | 48.48% | 48.48% |
In the current month, the average price target of PubMatic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to PubMatic's last price of $15.49. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Aug 09, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 09, 2024 | Raymond James | Outperform | Market Perform | Downgrade |
| Aug 09, 2024 | Jefferies | Hold | Hold | Hold |
| Jul 15, 2024 | Wolfe Research | - | Outperform | Initialise |
| May 14, 2024 | Macquarie | Neutral | Neutral | Hold |
| Apr 19, 2024 | RBC Capital | Buy | Buy | Hold |
| Mar 25, 2024 | RBC Capital | Buy | Buy | Hold |
| Nov 09, 2023 | Raymond James | Outperform | Outperform | Hold |
| Aug 09, 2023 | Raymond James | Outperform | Outperform | Hold |
| Aug 09, 2023 | Oppenheimer | - | Perform | Downgrade |
PubMatic's last stock rating was published by RBC Capital on Aug 09, 2024. The company gave PUBM a "Outperform" rating, the same as its previous rate.
PubMatic Financial Forecast
PubMatic Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $84.60M | - | $63.33M | $55.41M | $74.30M | $64.50M | $63.03M | $54.55M | $75.56M | $58.09M | $49.66M | $43.61M | $56.24M |
| Avg Forecast | $109.28M | $83.64M | $80.42M | $75.78M | $99.78M | $77.82M | $73.10M | $66.53M | $88.62M | $66.06M | $70.07M | $62.19M | $78.19M | $59.46M | $59.90M | $50.95M | $76.71M | $66.85M | $60.67M | $54.47M | $75.54M | $52.51M | $45.72M | $39.50M | $47.55M |
| High Forecast | $111.16M | $85.08M | $81.81M | $77.09M | $101.51M | $79.17M | $74.36M | $67.46M | $89.77M | $66.08M | $70.07M | $62.30M | $78.34M | $59.47M | $60.93M | $51.83M | $78.04M | $66.85M | $60.67M | $54.47M | $75.54M | $52.51M | $45.72M | $39.50M | $47.55M |
| Low Forecast | $107.55M | $82.32M | $79.15M | $74.58M | $98.21M | $76.60M | $71.94M | $65.98M | $88.07M | $66.05M | $70.07M | $62.09M | $78.05M | $59.45M | $58.95M | $50.15M | $75.50M | $66.85M | $60.67M | $54.47M | $75.54M | $52.51M | $45.72M | $39.50M | $47.55M |
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.08% | - | 1.06% | 1.09% | 0.97% | 0.96% | 1.04% | 1.00% | 1.00% | 1.11% | 1.09% | 1.10% | 1.18% |
PubMatic's average Quarter revenue forecast for Mar 24 based on 4 analysts is $62.19M, with a low forecast of $62.09M, and a high forecast of $62.30M. PUBM's average Quarter revenue forecast represents a -26.49% decrease compared to the company's last Quarter revenue of $84.60M (Dec 23).
PubMatic EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $20.41M | - | $-7.13M | $760.00K | $16.52M | $18.70M | $9.79M | $11.76M | $40.82M | $20.63M | $15.03M | $11.39M | $25.86M |
| Avg Forecast | $24.11M | $18.46M | $17.75M | $16.72M | $22.02M | $17.17M | $16.13M | $14.68M | $19.56M | $14.58M | $15.46M | $9.50M | $17.26M | $13.12M | $13.22M | $7.51M | $21.95M | $17.82M | $16.18M | $5.93M | $20.14M | $14.00M | $13.87M | $10.53M | $23.35M |
| High Forecast | $24.53M | $18.78M | $18.05M | $17.01M | $22.40M | $17.47M | $16.41M | $14.89M | $19.81M | $14.58M | $15.46M | $11.40M | $17.29M | $13.12M | $13.45M | $9.01M | $26.35M | $17.82M | $16.18M | $7.12M | $20.14M | $14.00M | $16.64M | $10.53M | $28.03M |
| Low Forecast | $23.73M | $18.17M | $17.47M | $16.46M | $21.67M | $16.90M | $15.88M | $14.56M | $19.43M | $14.58M | $15.46M | $7.60M | $17.22M | $13.12M | $13.01M | $6.01M | $17.56M | $17.82M | $16.18M | $4.75M | $20.14M | $14.00M | $11.09M | $10.53M | $18.68M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.18% | - | -0.54% | 0.10% | 0.75% | 1.05% | 0.61% | 1.98% | 2.03% | 1.47% | 1.08% | 1.08% | 1.11% |
4 analysts predict PUBM's average Quarter EBITDA for Mar 24 to be $9.50M, with a high of $11.40M and a low of $7.60M. This is -53.48% lower than PubMatic's previous annual EBITDA (Dec 23) of $20.41M.
PubMatic Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $18.70M | - | $-5.72M | $-5.87M | $12.78M | $3.33M | $7.82M | $4.78M | $28.24M | $13.53M | $9.92M | $4.92M | $18.82M |
| Avg Forecast | $19.05M | $-1.65M | $3.01M | $-2.06M | $16.20M | $1.09M | $-2.23M | $-8.05M | $11.61M | $-3.11M | $-853.13K | $3.36M | $9.81M | $-3.69M | $-2.98M | $2.66M | $15.19M | $6.64M | $5.72M | $2.10M | $15.15M | $5.75M | $9.15M | $2.00M | $17.00M |
| High Forecast | $19.48M | $-1.61M | $3.08M | $-2.01M | $16.56M | $1.11M | $-2.18M | $-7.89M | $12.48M | $-3.04M | $-835.63K | $4.04M | $11.87M | $-3.61M | $-2.92M | $3.19M | $18.22M | $6.64M | $5.72M | $2.52M | $15.15M | $5.75M | $10.98M | $2.00M | $20.40M |
| Low Forecast | $18.66M | $-1.68M | $2.95M | $-2.10M | $15.87M | $1.06M | $-2.28M | $-8.23M | $10.16M | $-3.18M | $-872.28K | $2.69M | $7.74M | $-3.77M | $-3.04M | $2.13M | $12.15M | $6.64M | $5.72M | $1.68M | $15.15M | $5.75M | $7.32M | $2.00M | $13.60M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.91% | - | 1.92% | -2.21% | 0.84% | 0.50% | 1.37% | 2.27% | 1.86% | 2.35% | 1.08% | 2.46% | 1.11% |
PubMatic's average Quarter net income forecast for Mar 24 is $3.36M, with a range of $2.69M to $4.04M. PUBM's average Quarter net income forecast represents a -82.01% decrease compared to the company's last Quarter net income of $18.70M (Dec 23).
PubMatic SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $33.13M | - | $38.67M | $35.70M | $28.90M | $28.21M | $29.19M | $27.21M | $26.54M | $23.88M | $22.58M | $20.93M | $19.62M |
| Avg Forecast | $50.34M | $38.53M | $37.05M | $34.91M | $45.97M | $35.85M | $33.67M | $30.65M | $40.83M | $30.43M | $32.28M | $19.16M | $36.02M | $27.39M | $27.59M | $15.14M | $14.27M | $30.80M | $27.95M | $11.97M | $34.80M | $24.19M | $20.83M | $18.20M | $17.72M |
| High Forecast | $51.21M | $39.20M | $37.69M | $35.51M | $46.76M | $36.47M | $34.26M | $31.08M | $41.36M | $30.44M | $32.28M | $22.99M | $36.09M | $27.40M | $28.07M | $18.17M | $17.13M | $30.80M | $27.95M | $14.36M | $34.80M | $24.19M | $24.99M | $18.20M | $21.26M |
| Low Forecast | $49.55M | $37.92M | $36.47M | $34.36M | $45.24M | $35.29M | $33.14M | $30.40M | $40.57M | $30.43M | $32.28M | $15.32M | $35.96M | $27.39M | $27.16M | $12.11M | $11.42M | $30.80M | $27.95M | $9.58M | $34.80M | $24.19M | $16.66M | $18.20M | $14.17M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 1.40% | 2.36% | 2.03% | 0.92% | 1.04% | 2.27% | 0.76% | 0.99% | 1.08% | 1.15% | 1.11% |
PubMatic's average Quarter SG&A projection for Mar 24 is $19.16M, based on 4 Wall Street analysts, with a range of $15.32M to $22.99M. The forecast indicates a -42.19% fall compared to PUBM last annual SG&A of $33.13M (Dec 23).
PubMatic EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 3 | 4 | 5 | 4 | 5 | 2 | 7 | 7 | 3 | 3 | 4 | 7 | 5 | 6 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 6 | 6 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.34 | - | $-0.11 | $-0.11 | $0.24 | $0.06 | $0.15 | $0.09 | $0.55 | $0.27 | $0.20 | $0.10 | $0.39 |
| Avg Forecast | $0.39 | $-0.03 | $0.06 | $-0.04 | $0.33 | $0.02 | $-0.05 | $-0.16 | $0.24 | $-0.06 | $-0.02 | $-0.11 | $0.20 | $-0.08 | $-0.06 | $-0.18 | $0.28 | $0.12 | $0.10 | $0.04 | $0.27 | $0.10 | $0.10 | $0.04 | $0.32 |
| High Forecast | $0.40 | $-0.03 | $0.06 | $-0.04 | $0.34 | $0.02 | $-0.04 | $-0.16 | $0.25 | $-0.06 | $-0.02 | $-0.11 | $0.24 | $-0.07 | $-0.06 | $-0.18 | $0.29 | $0.12 | $0.10 | $0.04 | $0.27 | $0.10 | $0.10 | $0.04 | $0.32 |
| Low Forecast | $0.38 | $-0.03 | $0.06 | $-0.04 | $0.32 | $0.02 | $-0.05 | $-0.17 | $0.21 | $-0.06 | $-0.02 | $-0.11 | $0.16 | $-0.08 | $-0.06 | $-0.19 | $0.27 | $0.12 | $0.10 | $0.04 | $0.27 | $0.10 | $0.10 | $0.04 | $0.32 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.70% | - | 1.81% | 0.60% | 0.86% | 0.50% | 1.46% | 2.29% | 2.02% | 2.61% | 2.00% | 2.78% | 1.21% |
According to 4 Wall Street analysts, PubMatic's projected average Quarter EPS for Mar 24 is $-0.11, with a low estimate of $-0.11 and a high estimate of $-0.11. This represents a -132.79% decrease compared to PUBM previous annual EPS of $0.34 (Dec 23).
PubMatic Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| APPS | Digital Turbine | $1.21 | $40.00 | 3205.79% | Buy |
| U | Unity Software | $19.80 | $64.63 | 226.41% | Hold |
| AI | C3.ai | $32.96 | $70.50 | 113.90% | Buy |
| LYFT | Lyft | $16.57 | $32.50 | 96.14% | Hold |
| PUBM | PubMatic | $15.49 | $24.80 | 60.10% | Buy |
| SNOW | Snowflake | $130.24 | $204.88 | 57.31% | Buy |
| ZM | Zoom Video Communications | $77.75 | $111.94 | 43.97% | Hold |
| SOUN | SoundHound AI | $6.51 | $8.13 | 24.88% | Buy |
| INTU | Intuit | $644.17 | $715.09 | 11.01% | Buy |
| DDOG | Datadog | $133.41 | $145.31 | 8.92% | Buy |
| WDAY | Workday | $259.90 | $271.36 | 4.41% | Buy |
| TEAM | Atlassian | $247.73 | $246.52 | -0.49% | Buy |
| TTD | Trade Desk | $119.42 | $113.04 | -5.34% | Buy |
| SHOP | Shopify | $104.59 | $91.91 | -12.12% | Buy |
| HUBS | HubSpot | $682.53 | $599.36 | -12.19% | Buy |
| NOW | ServiceNow | $1.02K | $831.13 | -18.68% | Buy |