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PubMatic Inc has a consensus price target of $24 based on the ratings of 18 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 Scotiabank, Macquarie, and Evercore ISI Group on December 5, 2024, November 14, 2024, and November 13, 2024, respectively. With an average price target of $19.33 between Scotiabank, Macquarie, and Evercore ISI Group, there's an implied 24.73% 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 Scotiabank on December 5, 2024. The analyst firm set a price target for $17.00 expecting PUBM to rise to within 12 months (a possible 9.68% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for PubMatic (NASDAQ:PUBM) was provided by Scotiabank, and PubMatic initiated their sector perform 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 December 5, 2024 so you should expect the next rating to be made available sometime around December 5, 2025.
While ratings are subjective and will change, the latest PubMatic (PUBM) rating was a initiated with a price target of $0.00 to $17.00. The current price PubMatic (PUBM) is trading at is $15.50, which is within the analyst’s predicted range.
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