PubMatic, Inc. (PUBM)
NASDAQ: PUBM · Real-Time Price · USD
16.20
+0.95 (6.23%)
Nov 21, 2024, 4:00 PM EST - Market closed
PubMatic Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for PubMatic stock have an average target of 21.17, with a low estimate of 16 and a high estimate of 25. The average target predicts an increase of 30.68% from the current stock price of 16.20.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 5 | 3 | 3 | 3 | 3 |
| Hold | 2 | 2 | 3 | 3 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 8 | 7 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Macquarie | Macquarie | Hold Maintains $19 | Hold | Maintains | $19 | +17.28% | Nov 14, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $20 → $22 | Buy | Maintains | $20 → $22 | +35.80% | Nov 13, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $26 → $23 | Buy | Maintains | $26 → $23 | +41.98% | Aug 20, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $30 → $26 | Buy | Maintains | $30 → $26 | +60.49% | Aug 9, 2024 |
| Macquarie | Macquarie | Hold Maintains $24 → $16 | Hold | Maintains | $24 → $16 | -1.23% | Aug 9, 2024 |
Financial Forecast
Revenue This Year
295.75M
from 267.01M
Increased by 10.76%
Revenue Next Year
324.56M
from 295.75M
Increased by 9.74%
EPS This Year
0.21
from 0.16
Increased by 30.31%
EPS Next Year
0.27
from 0.21
Increased by 28.56%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 305.3M | 339.2M | 375.8M |
| Avg | 295.8M | 324.6M | 362.1M |
| Low | 282.3M | 304.8M | 345.1M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.3% | 14.7% | 15.8% |
| Avg | 10.8% | 9.7% | 11.6% |
| Low | 5.7% | 3.1% | 6.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.29 | 0.39 | 0.39 |
| Avg | 0.21 | 0.27 | 0.34 |
| Low | 0.12 | 0.09 | 0.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 83.8% | 86.3% | 46.5% |
| Avg | 30.3% | 28.6% | 28.2% |
| Low | -26.5% | -57.7% | 9.7% |
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.