PubMatic (PUBM) Stock Forecast, Price Target & Predictions


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PUBM Stock Forecast


PubMatic stock forecast is as follows: an average price target of $19.50 (represents a 26.30% upside from PUBM’s last price of $15.44) 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 $19.50 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $16.00. This represents a potential 26.30% upside from PUBM's last price of $15.44.

PUBM Analyst Ratings


Buy

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


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 20, 2024Matthew SwansonRBC Capital$23.00$14.4958.73%48.96%
Aug 09, 2024Matthew SwansonRBC Capital$26.00$19.6032.65%68.39%
Aug 09, 2024James HeaneyJefferies$16.00$19.60-18.37%3.63%
Apr 19, 2024Daniel DayB.Riley Financial$27.00$21.5425.35%74.87%
Aug 09, 2022Matthew SwansonRBC Capital$28.00$21.8428.21%81.35%
Aug 09, 2022JMP Securities$34.00$17.7691.44%120.21%
Jul 26, 2022Raymond James$24.00$15.4755.14%55.44%
May 10, 2022Ronald JoseyJMP Securities$40.00$19.45105.66%159.07%
May 10, 2022Raymond James$25.00$19.0031.58%61.92%

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 48.96% increase from PUBM last price ($15.44).

PubMatic Price Target by Period


1M3M12M
# Anlaysts--4
Avg Price Target--$23.00
Last Closing Price$15.44$15.44$15.44
Upside/Downside-100.00%-100.00%48.96%

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 $15.44. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 09, 2024RBC CapitalOutperformOutperformHold
Aug 09, 2024Raymond JamesOutperformMarket PerformDowngrade
Aug 09, 2024JefferiesHoldHoldHold
Jul 15, 2024Wolfe ResearchOutperformInitialise
May 14, 2024MacquarieNeutralNeutralHold
Apr 19, 2024RBC CapitalBuyBuyHold
Mar 25, 2024RBC CapitalBuyBuyHold
Nov 09, 2023Raymond JamesOutperformOutperformHold
Aug 09, 2023Raymond JamesOutperformOutperformHold
Aug 09, 2023OppenheimerPerformDowngrade
Aug 09, 2023MacquarieNeutralDowngrade
Aug 09, 2022JMP SecuritiesMarket OutperformMarket OutperformHold
Jul 26, 2022Raymond JamesOutperformOutperformHold
May 10, 2022JMP SecuritiesMarket OutperformMarket OutperformHold
May 10, 2022Raymond JamesOutperformOutperformHold

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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 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$108.88M$85.14M$80.11M$73.69M$99.78M$78.25M$73.06M$66.04M$88.46M$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$111.00M$86.80M$81.67M$75.12M$101.72M$79.77M$74.48M$66.97M$89.61M$66.08M$70.07M$62.30M$78.34M$59.47M$61.06M$51.94M$78.20M$66.85M$60.67M$54.47M$75.54M$52.51M$45.72M$39.50M$47.55M
Low Forecast$106.80M$83.51M$78.58M$72.28M$97.87M$76.75M$71.66M$65.50M$87.91M$66.05M$70.07M$62.09M$78.05M$59.45M$58.75M$49.98M$75.24M$66.85M$60.67M$54.47M$75.54M$52.51M$45.72M$39.50M$47.55M
# Analysts3345452773347563222234566
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452773347563222234566
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$24.03M$18.79M$17.68M$16.26M$22.02M$17.27M$16.12M$14.57M$19.52M$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$24.49M$19.15M$18.02M$16.58M$22.45M$17.60M$16.44M$14.78M$19.77M$14.58M$15.46M$11.40M$17.29M$13.12M$13.48M$9.01M$26.35M$17.82M$16.18M$7.12M$20.14M$14.00M$16.64M$10.53M$28.03M
Low Forecast$23.57M$18.43M$17.34M$15.95M$21.60M$16.94M$15.81M$14.45M$19.40M$14.58M$15.46M$7.60M$17.22M$13.12M$12.97M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452773347563222234566
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$20.54M$188.52K$1.22M$-5.30M$16.58M$925.39K$-2.57M$-8.49M$11.54M$-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$21.06M$193.29K$1.25M$-5.17M$17.00M$948.79K$-2.51M$12.73M$12.79M$-3.03M$-831.89K$4.04M$11.87M$-3.59M$-2.90M$3.19M$18.22M$6.64M$5.72M$2.52M$15.15M$5.75M$10.98M$2.00M$20.40M
Low Forecast$20.03M$183.83K$1.19M$-5.43M$16.17M$902.35K$-2.64M$-25.46M$10.60M$-3.19M$-874.70K$2.69M$7.74M$-3.78M$-3.05M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452773347563222234566
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$50.16M$39.22M$36.91M$33.95M$45.97M$36.05M$33.66M$30.42M$40.75M$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$51.14M$39.99M$37.63M$34.61M$46.86M$36.75M$34.31M$30.85M$41.28M$30.44M$32.28M$22.99M$36.09M$27.40M$28.13M$18.17M$17.13M$30.80M$27.95M$14.36M$34.80M$24.19M$24.99M$18.20M$21.26M
Low Forecast$49.20M$38.47M$36.20M$33.30M$45.09M$35.36M$33.01M$30.17M$40.50M$30.43M$32.28M$15.32M$35.96M$27.39M$27.07M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20
# Analysts3345452773347563222234566
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$0.42-$0.02$-0.11$0.34$0.02$-0.05$-0.17$0.24$-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$0.43-$0.03$-0.11$0.35$0.02$-0.05$0.26$0.26$-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$0.41-$0.02$-0.11$0.33$0.02$-0.05$-0.52$0.22$-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


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
APPSDigital Turbine$1.46$40.002639.73%Buy
PUBMPubMatic$16.27$19.5019.85%Buy
LYFTLyft$14.01$16.2515.99%Hold
INTUIntuit$677.77$744.009.77%Buy
WDAYWorkday$278.01$289.504.13%Buy
SNOWSnowflake$170.81$164.58-3.65%Buy
DDOGDatadog$156.91$148.25-5.52%Buy
TTDTrade Desk$135.02$123.63-8.44%Buy
HUBSHubSpot$741.67$671.25-9.49%Buy
NOWServiceNow$1.11K$973.56-12.66%Buy
UUnity Software$24.66$21.33-13.50%Hold
TEAMAtlassian$269.79$231.46-14.21%Buy
ZMZoom Video Communications$84.60$72.20-14.66%Hold
SHOPShopify$119.49$98.43-17.62%Buy
AIC3.ai$42.86$29.50-31.17%Buy
SOUNSoundHound AI$19.39$7.67-60.44%Buy

PUBM Forecast FAQ


Is PubMatic a good buy?

Yes, according to 6 Wall Street analysts, PubMatic (PUBM) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 50.00% of PUBM's total ratings.

What is PUBM's price target?

PubMatic (PUBM) average price target is $19.5 with a range of $16 to $23, implying a 26.30% from its last price of $15.44. The data is based on 6 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will PubMatic stock go up soon?

According to Wall Street analysts' prediction for PUBM stock, the company can go up by 26.30% (from the last price of $15.44 to the average price target of $19.5), up by 48.96% based on the highest stock price target, and up by 3.63% based on the lowest stock price target.

Can PubMatic stock reach $20?

PUBM's highest twelve months analyst stock price target of $23 supports the claim that PubMatic can reach $20 in the near future.

What are PubMatic's analysts' financial forecasts?

PubMatic's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $317.13M (high $322.94M, low $311.78M), average EBITDA is $69.98M (high $71.27M, low $68.8M), average net income is $6.45M (high $28.18M, low $-11.02M), average SG&A $146.1M (high $148.77M, low $143.63M), and average EPS is $0.132 (high $0.574, low $-0.225). PUBM's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $347.83M (high $354.59M, low $341.17M), average EBITDA is $76.76M (high $78.25M, low $75.29M), average net income is $16.66M (high $17.34M, low $15.97M), average SG&A $160.24M (high $163.36M, low $157.17M), and average EPS is $0.34 (high $0.354, low $0.326).

Did the PUBM's actual financial results beat the analysts' financial forecasts?

Based on PubMatic's last annual report (Dec 2023), the company's revenue was $267.01M, beating the average analysts forecast of $248.51M by 7.45%. Apple's EBITDA was $2.04M, missing the average prediction of $51.1M by -96.02%. The company's net income was $8.88M, beating the average estimation of $5.81M by 52.94%. Apple's SG&A was $139.02M, beating the average forecast of $106.15M by 30.96%. Lastly, the company's EPS was $0.16, missing the average prediction of $-0.118 by -235.05%. In terms of the last quarterly report (Dec 2023), PubMatic's revenue was $84.6M, beating the average analysts' forecast of $78.19M by 8.19%. The company's EBITDA was $20.41M, beating the average prediction of $17.26M by 18.30%. PubMatic's net income was $18.7M, beating the average estimation of $9.81M by 90.65%. The company's SG&A was $33.13M, missing the average forecast of $36.02M by -8.02%. Lastly, the company's EPS was $0.34, beating the average prediction of $0.2 by 70.03%