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PubMatic Inc has a consensus price target of $24.5 based on the ratings of 17 analysts. The high is $49 issued by JMP Securities on March 1, 2022. The low is $16 issued by Jefferies on August 9, 2024. The 3 most-recent analyst ratings were released by Macquarie, Evercore ISI Group, and RBC Capital on November 14, 2024, November 13, 2024, and August 20, 2024, respectively. With an average price target of $21.33 between Macquarie, Evercore ISI Group, and RBC Capital, there's an implied 35.88% upside for PubMatic Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for PubMatic (NASDAQ:PUBM) was reported by Macquarie on November 14, 2024. The analyst firm set a price target for $19.00 expecting PUBM to rise to within 12 months (a possible 21.02% upside). 15 analyst firms have reported ratings in the last year.
The latest analyst rating for PubMatic (NASDAQ:PUBM) was provided by Macquarie, and PubMatic maintained their neutral rating.
There is no last upgrade for PubMatic
The last downgrade for PubMatic Inc happened on August 9, 2024 when Raymond James changed their price target from N/A to N/A for PubMatic Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of PubMatic, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for PubMatic was filed on November 14, 2024 so you should expect the next rating to be made available sometime around November 14, 2025.
While ratings are subjective and will change, the latest PubMatic (PUBM) rating was a maintained with a price target of $19.00 to $19.00. The current price PubMatic (PUBM) is trading at is $15.70, which is out of the analyst’s predicted range.
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