B. Riley Forecasts PubMatic’s Q1 Earnings (NASDAQ:PUBM)

PubMatic, Inc. (NASDAQ:PUBM) – Investment analysts at B. Riley reduced their Q1 2025 EPS estimates for PubMatic in a research report issued to clients and investors on Monday, January 27th. B. Riley analyst Z. Cummins now anticipates that the company will earn ($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. JMP Securities reiterated a “market outperform” rating and issued a $20.00 price objective on shares of PubMatic in a report on Monday. Macquarie reiterated a “neutral” rating and issued a $19.00 price target on shares of PubMatic in a research note on Thursday, November 14th. Scotiabank assumed coverage on shares of PubMatic in a report on Thursday, December 5th. They issued a “sector perform” rating and a $17.00 price target on the stock. Evercore ISI boosted their price objective on PubMatic from $20.00 to $22.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. Finally, 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. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, PubMatic has an average rating of “Moderate Buy” and an average price target of $20.00.

PubMatic Trading Down 1.5 %

PUBM stock opened at $15.33 on Wednesday. The business’s 50 day simple moving average is $15.45 and its 200 day simple moving average 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 $732.31 million, a PE ratio of 49.45 and a beta of 1.41.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Founders Capital Management grew its holdings in PubMatic by 100.0% during the 3rd quarter. Founders Capital Management now owns 2,000 shares of the company’s stock worth $30,000 after acquiring an additional 1,000 shares during the period. New York State Teachers Retirement System acquired a new stake in shares of PubMatic during the 3rd quarter worth approximately $51,000. FMR LLC increased its stake in shares of PubMatic by 201.6% in the 3rd quarter. FMR LLC now owns 4,053 shares of the company’s stock valued at $60,000 after acquiring an additional 2,709 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of PubMatic by 1,387.1% during the 3rd quarter. International Assets Investment Management LLC now owns 5,205 shares of the company’s stock valued at $77,000 after acquiring an additional 4,855 shares during the period. Finally, CWA Asset Management Group LLC bought a new position in PubMatic during the third quarter worth $161,000. 64.26% of the stock is owned by institutional investors.

Insider Buying and Selling

In other PubMatic news, CEO Rajeev K. Goel sold 25,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $16.31, for a total transaction of $407,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Steven Pantelick sold 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $16.56, for a total transaction of $66,240.00. Following the completion of the sale, the chief financial officer now owns 22,506 shares in the company, valued at $372,699.36. This represents a 15.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 127,190 shares of company stock valued at $1,956,331 over the last quarter. 2.90% of the stock is owned by company insiders.

About PubMatic

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.