Class Action Lawsuit Filed: Kirby McInerney LLP has initiated a class action lawsuit on behalf of investors who purchased PubMatic, Inc. securities between February 27, 2025, and August 11, 2025.
Financial Report Impact: On August 11, 2025, PubMatic's financial report revealed a significant reduction in ad spend from a major partner, leading to a sharp decline in share price by approximately 21.1%.
Allegations Against Defendants: The lawsuit claims that the defendants made misleading statements and failed to disclose critical information regarding the company's operations and revenue impacts during the Class Period.
Investor Rights and Contact Information: Investors who suffered losses are encouraged to contact Kirby McInerney LLP for more information about their rights and potential participation in the lawsuit.
PUBM
$8.98+Infinity%1D
Analyst Views on PUBM
Wall Street analysts forecast PUBM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PUBM is 12.70 USD with a low forecast of 9.50 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
Wall Street analysts forecast PUBM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PUBM is 12.70 USD with a low forecast of 9.50 USD and a high forecast of 20.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Buy
3 Hold
0 Sell
Moderate Buy
Current: 8.670
Low
9.50
Averages
12.70
High
20.00
Current: 8.670
Low
9.50
Averages
12.70
High
20.00
Rosenblatt
Rosenblatt
Buy
maintain
$17 -> $20
2025-11-11
Reason
Rosenblatt
Rosenblatt
Price Target
$17 -> $20
2025-11-11
maintain
Buy
Reason
Rosenblatt raised the firm's price target on PubMatic to $20 from $17 and keeps a Buy rating on the shares. The firm views the company's Q3 report as better than feared. It now models $10 per share of fundamental value for the core business and $10 from the Google antitrust optionality.
Evercore ISI
Robert Coolbrith
Outperform
maintain
$12 -> $13
2025-11-11
Reason
Evercore ISI
Robert Coolbrith
Price Target
$12 -> $13
2025-11-11
maintain
Outperform
Reason
Evercore ISI analyst Robert Coolbrith raised the firm's price target on PubMatic to $13 from $12 and keeps an Outperform rating on the shares. Q3 results were "impressive," beating expectations on both revenue and EBITDA, the analyst tells investors. The company continues to show resilience and adaptability in a shifting landscape, particularly with AI advancements and diversified demand sources, the analyst added.
B. Riley
Neutral
maintain
$9 -> $10
2025-11-11
Reason
B. Riley
Price Target
$9 -> $10
2025-11-11
maintain
Neutral
Reason
B. Riley raised the firm's price target on PubMatic to $10 from $9 and keeps a Neutral rating on the shares. The company reported a Q3 beat and issued a solid outlook for Q4, the analyst tells investors in a research note.
B. Riley
B. Riley
Buy -> Neutral
downgrade
$17 -> $9
2025-08-12
Reason
B. Riley
B. Riley
Price Target
$17 -> $9
2025-08-12
downgrade
Buy -> Neutral
Reason
B. Riley downgraded PubMatic to Neutral from Buy with a price target of $9, down from $17. The company's strong Q2 results were overshadowed by the downside Q3 guidance, the analyst tells investors in a research note. The firm says the outlook is hurt by changes with a major legacy demand side platform partner that negatively impacted PubMatic's available inventory and pressured advertising spending. The partner headwind has "derailed" the company's second half of 2025 recovery, contends B. Riley.
About PUBM
PubMatic, Inc. (PubMatic) is a technology company, which provides a cloud infrastructure platform that enables real-time programmatic advertising transactions. The Company's sell-side platform enables digital content creators across the open Internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. The Company’s cloud infrastructure platform provides monetization for publishers by providing demand through its relationships with buyers. PubMatic's cloud infrastructure is designed for the efficient processing of real-time, programmatic ad transactions and the aggregation and analysis of the significant data accompanying each transaction. The Company's omnichannel platform supports a range of ad formats and digital device types, including mobile apps, mobile Web, desktops, displays, video, over-the-top (OTT), connected television (CTV), and rich media.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
