PUBM

PubMatic Inc

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Advanced Chart

11.420

-0.130(-1.130%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

11.630

Open

11.560

VWAP

11.51

Vol

585.94K

Mkt Cap

554.25M

Low

11.385

Amount

6.74M

EV/EBITDA(TTM)

9.58

Total Shares

49.93M

416.44M

EV/OCF(TTM)

6.43

P/S(TTM)

2.22

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. Its 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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

91.12M

+6.57%

70.59M

-1.67%

67.75M

+0.71%

Estimates Revision

The market is revising Downward the revenue expectations for PubMatic, Inc. (PUBM) for FY2025, with the revenue forecasts being adjusted by -6.71% over the past three months. During the same period, the stock price has changed by -27.03%.

Revenue Estimates for FY2025

Revise Downward

-6.71%

In Past 3 Month

Stock Price

Go Down

-27.03%

In Past 3 Month

7 Analyst Rating

40.11% Upside

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 16.00 USD with a low forecast of 12.00 USD and a high forecast of 21.00 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.

4 Buy

3 Hold

0 Sell

Moderate Buy

40.11% Upside

Current: 11.420

Low

12.00

Averages

16.00

High

21.00

40.11% Upside

Current: 11.420

Low

12.00

Averages

16.00

High

21.00

Lake Street

Eric Martinuzzi

Strong Buy

Maintains

$21 → $19

2025-05-09

Reason

Lake Street

Eric Martinuzzi

Price Target

$21 → $19

2025-05-09

Maintains

Strong Buy

Reason

RBC Capital

Matthew Swanson

Buy

Maintains

$17 → $14

2025-05-02

Reason

RBC Capital

Matthew Swanson

Price Target

$17 → $14

2025-05-02

Maintains

Buy

Reason

RBC Capital analyst Matthew Swanson lowered the firm's price target on PubMatic to $14 from $17 and keeps an Outperform rating on the shares. The firm expects to see in-line results when PubMatic reports next week as checks pointed to a stable demand environment to start the year but more caution around Q2 and the second half given the near-term macro uncertainty, the analyst tells investors in a research note.

Citizens Capital Markets

Ronald Josey

Buy

Reiterates

$61

2025-03-10

Reason

Citizens Capital Markets

Ronald Josey

Price Target

$61

2025-03-10

Reiterates

Buy

Reason

Citizens Capital Markets

Andrew Boone

Buy

Maintains

$20 → $18

2025-03-03

Reason

Citizens Capital Markets

Andrew Boone

Price Target

$20 → $18

2025-03-03

Maintains

Buy

Reason

Citizens JMP lowered the firm's price target on PubMatic to $18 from $20 and keeps an Outperform rating on the shares. PubMatic reported "mixed" Q4 results, with revenue coming in 1% below the low end of guidance and EBITDA 2% above the high end, the analyst tells investors in a research note. While Q1 guidance implies a 7% year over year decline in revenue, PubMatic expects to exit 2025 with high single-digit growth despite a tough political comp, the firm adds. While there are ongoing issues with PubMatic's demand-side platform partner, the pricing change will be lapped in May and there should be stronger growth in the second half, Citizens argues.

Lake Street

Eric Martinuzzi

Strong Buy

Maintains

$24 → $21

2025-02-28

Reason

Lake Street

Eric Martinuzzi

Price Target

$24 → $21

2025-02-28

Maintains

Strong Buy

Reason

Scotiabank

Nat Schindler

Hold

Maintains

$17 → $15

2025-02-28

Reason

Scotiabank

Nat Schindler

Price Target

$17 → $15

2025-02-28

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for PubMatic Inc (PUBM.O) is -58.73, compared to its 5-year average forward P/E of 109.16. For a more detailed relative valuation and DCF analysis to assess PubMatic Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

109.16

Current PE

-58.73

Overvalued PE

506.83

Undervalued PE

-288.52

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

12.13

Current EV/EBITDA

6.26

Overvalued EV/EBITDA

20.39

Undervalued EV/EBITDA

3.88

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

4.27

Current PS

1.87

Overvalued PS

6.77

Undervalued PS

1.77