B. Riley Has Pessimistic Outlook of PubMatic Q1 Earnings

PubMatic, Inc. (NASDAQ:PUBMFree Report) – Equities researchers at B. Riley reduced their Q1 2025 earnings estimates for shares of PubMatic in a research note issued on Monday, January 27th. B. Riley analyst Z. Cummins now expects that the company will post earnings of ($0.26) per share for the quarter, down from their previous estimate of ($0.22). The consensus estimate for PubMatic’s current full-year earnings is $0.22 per share. B. Riley also issued estimates for PubMatic’s Q2 2025 earnings at ($0.12) EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.40 EPS, FY2025 earnings at $0.10 EPS and FY2026 earnings at $0.34 EPS.

PUBM has been the topic of several other reports. Evercore ISI upped their price target on shares of PubMatic from $20.00 to $22.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th. Royal Bank of Canada lowered their target price on PubMatic from $21.00 to $19.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. JMP Securities reaffirmed a “market outperform” rating and set a $20.00 target price on shares of PubMatic in a report on Monday. Scotiabank started coverage on PubMatic in a report on Thursday, December 5th. They issued a “sector perform” rating and a $17.00 price target for the company. Finally, Macquarie reaffirmed a “neutral” rating and set a $19.00 price objective on shares of PubMatic in a research note on Thursday, November 14th. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, PubMatic currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.00.

Check Out Our Latest Stock Analysis on PubMatic

PubMatic Price Performance

NASDAQ:PUBM opened at $15.57 on Wednesday. The company’s fifty day moving average price is $15.46 and its 200-day moving average price is $15.93. PubMatic has a 1-year low of $13.18 and a 1-year high of $25.36. The firm has a market capitalization of $743.78 million, a P/E ratio of 50.23 and a beta of 1.41.

Insider Buying and Selling at PubMatic

In related news, CEO Rajeev K. Goel sold 19,892 shares of PubMatic stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $14.44, for a total value of $287,240.48. Following the sale, the chief executive officer now directly owns 4,330 shares in the company, valued at approximately $62,525.20. The trade was a 82.12 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Andrew Woods sold 3,529 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $14.84, for a total value of $52,370.36. Following the sale, the general counsel now owns 34,702 shares of the company’s stock, valued at approximately $514,977.68. This trade represents a 9.23 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 127,190 shares of company stock valued at $1,956,331. Company insiders own 2.90% of the company’s stock.

Hedge Funds Weigh In On PubMatic

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Founders Capital Management raised its stake in PubMatic by 100.0% in the 3rd quarter. Founders Capital Management now owns 2,000 shares of the company’s stock valued at $30,000 after purchasing an additional 1,000 shares during the last quarter. New York State Teachers Retirement System purchased a new stake in shares of PubMatic during the third quarter worth $51,000. FMR LLC raised its position in shares of PubMatic by 201.6% in the third quarter. FMR LLC now owns 4,053 shares of the company’s stock valued at $60,000 after buying an additional 2,709 shares during the last quarter. International Assets Investment Management LLC raised its position in shares of PubMatic by 1,387.1% in the third quarter. International Assets Investment Management LLC now owns 5,205 shares of the company’s stock valued at $77,000 after buying an additional 4,855 shares during the last quarter. Finally, CWA Asset Management Group LLC purchased a new position in shares of PubMatic in the third quarter worth about $161,000. Hedge funds and other institutional investors own 64.26% of the company’s stock.

PubMatic Company Profile

(Get Free Report)

PubMatic, Inc, a technology company, engages in the provision of a cloud infrastructure platform that enables real-time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell-side platform, used for the purchase and sale of digital advertising inventory for publishers and buyers.

Recommended Stories

Receive News & Ratings for PubMatic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PubMatic and related companies with MarketBeat.com's FREE daily email newsletter.