PubMatic, Inc. (PUBM)
NASDAQ: PUBM · IEX Real-Time Price · USD
21.28
+0.37 (1.77%)
At close: Jul 19, 2024, 4:00 PM
21.40
+0.12 (0.56%)
Pre-market: Jul 22, 2024, 7:04 AM EDT
PubMatic Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for PubMatic stock have an average target of 23, with a low estimate of 16 and a high estimate of 30. The average target predicts an increase of 8.08% from the current stock price of 21.28.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PubMatic stock from 8 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 4 | 4 | 4 | 4 | 4 | 5 |
| Hold | 3 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 7 | 7 | 7 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Wolfe Research | Wolfe Research | Buy Initiates $25 | Buy | Initiates | $25 | +17.48% | Jul 16, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $26 → $30 | Buy | Maintains | $26 → $30 | +40.98% | May 8, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Initiates $27 | Strong Buy | Initiates | $27 | +26.88% | Apr 19, 2024 |
| RBC Capital | RBC Capital | Buy Reiterates $26 | Buy | Reiterates | $26 | +22.18% | Mar 25, 2024 |
| JMP Securities | JMP Securities | Buy Maintains $18 → $25 | Buy | Maintains | $18 → $25 | +17.48% | Feb 27, 2024 |
Financial Forecast
Revenue This Year
306.34M
from 267.01M
Increased by 14.73%
Revenue Next Year
343.58M
from 306.34M
Increased by 12.16%
EPS This Year
0.24
from 0.16
Increased by 49.49%
EPS Next Year
0.43
from 0.24
Increased by 77.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 317.5M | 368.1M | 401.8M |
| Avg | 306.3M | 343.6M | 390.3M |
| Low | 290.1M | 317.9M | 375.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 18.9% | 20.2% | 16.9% |
| Avg | 14.7% | 12.2% | 13.6% |
| Low | 8.6% | 3.8% | 9.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.38 | 0.78 | 0.59 |
| Avg | 0.24 | 0.43 | 0.58 |
| Low | 0.11 | 0.17 | 0.55 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 136.3% | 224.8% | 39.7% |
| Avg | 49.5% | 77.9% | 35.7% |
| Low | -32.6% | -30.3% | 30.4% |
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.