PubMatic, Inc. (PUBM)
NASDAQ: PUBM · IEX Real-Time Price · USD
24.02
+1.20 (5.24%)
At close: May 17, 2024, 4:00 PM
23.68
-0.34 (-1.42%)
After-hours: May 17, 2024, 6:48 PM EDT
PubMatic Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PubMatic stock have an average target of 22.67, with a low estimate of 16 and a high estimate of 30. The average target predicts a decrease of -5.62% from the current stock price of 24.02.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PubMatic stock from 7 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Hold | 3 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Maintains $26 → $30 | Buy | Maintains | $26 → $30 | +24.90% | May 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $27 | Strong Buy | Initiates | $27 | +12.41% | Apr 19, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $26 | Buy | Reiterates | $26 | +8.24% | Mar 25, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $18 → $25 | Buy | Maintains | $18 → $25 | +4.08% | Feb 27, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $19 → $26 | Buy | Maintains | $19 → $26 | +8.24% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
301.18M
from 267.01M
Increased by 12.80%
Revenue Next Year
333.84M
from 301.18M
Increased by 10.84%
EPS This Year
0.19
from 0.16
Increased by 21.76%
EPS Next Year
0.34
from 0.19
Increased by 74.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 321.7M | 373.1M | 390.8M |
| Avg | 301.2M | 333.8M | 379.6M |
| Low | 287.7M | 310.9M | 364.7M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.5% | 23.9% | 17.1% |
| Avg | 12.8% | 10.8% | 13.7% |
| Low | 7.8% | 3.2% | 9.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.41 | 0.65 | 0.52 |
| Avg | 0.19 | 0.34 | 0.51 |
| Low | 0.06 | 0.10 | 0.49 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 155.9% | 234.2% | 54.4% |
| Avg | 21.8% | 74.2% | 50.0% |
| Low | -63.3% | -49.7% | 44.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.