PubMatic, Inc. (PUBM)
NASDAQ: PUBM · Real-Time Price · USD
15.44
+0.04 (0.26%)
At close: Dec 20, 2024, 4:00 PM
15.50
+0.06 (0.39%)
After-hours: Dec 20, 2024, 4:29 PM EST

PubMatic Stock Forecast

Stock Price Forecast

The 7 analysts with 12-month price forecasts for PubMatic stock have an average target of 20.57, with a low estimate of 16 and a high estimate of 25. The average target predicts an increase of 33.23% from the current stock price of 15.44.

Analyst Consensus: Buy
Target Low Average Median High
Price $16 $20.57 $22 $25
Change +3.63% +33.23% +42.49% +61.92%

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 Jul '24Aug '24Sep '24Oct '24Nov '24Dec '24
Strong Buy 111111
Buy 533333
Hold 233334
Sell 000000
Strong Sell 000000
Total 877778

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Scotiabank
Scotiabank
Hold
Initiates
$17
Hold Initiates $17 +10.10% Dec 5, 2024
Macquarie
Macquarie
Hold
Maintains
$19
Hold Maintains $19 +23.06% Nov 14, 2024
Evercore ISI Group
Evercore ISI Group
Buy
Maintains
$20$22
Buy Maintains $20$22 +42.49% Nov 13, 2024
RBC Capital
RBC Capital
Buy
Maintains
$26$23
Buy Maintains $26$23 +48.96% Aug 20, 2024
RBC Capital
RBC Capital
Buy
Maintains
$30$26
Buy Maintains $30$26 +68.39% Aug 9, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
300.05M
from 267.01M
Increased by 12.37%
Revenue Next Year
323.45M
from 300.05M
Increased by 7.80%
EPS This Year
0.22
from 0.16
Increased by 36.43%
EPS Next Year
0.19
from 0.22
Decreased by -14.49%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Dec 31, 2019 Dec 31, 2020 Dec 31, 2021 Dec 31, 2022 Dec 31, 2023 Dec 31, 2024 Dec 31, 2025 Dec 31, 2026
Revenue
113.87M148.75M226.91M256.38M267.01M300.05M323.45M353.38M
Revenue Growth
14.72%30.63%52.55%12.99%4.15%12.37%7.80%9.25%
EPS
0.040.461.000.500.160.220.190.38
EPS Growth
-1,009.15%115.99%-50.00%-68.00%36.43%-14.49%104.92%
Forward PE
-----70.7382.7240.37
No. Analysts -----14148
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 310.5M 335.6M 371.7M
Avg 300.1M 323.5M 353.4M
Low 286.2M 304.8M 334.5M

Revenue Growth

Revenue Growth 2024202520262027
High
16.3%
11.8%
14.9%
Avg
12.4%
7.8%
9.3%
Low
7.2%
1.6%
3.4%

EPS Forecast

EPS 202420252026
High 0.28 0.36 0.51
Avg 0.22 0.19 0.38
Low 0.16 -0.08 0.29

EPS Growth

EPS Growth 202420252026
High
77.2%
63.6%
175.6%
Avg
36.4%
-14.5%
104.9%
Low
-2.0%
-
57.5%
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.