PubMatic, Inc. (PUBM) Stock Price & Analysis

PubMatic, Inc. (PUBM) closed at USD 16.98 on Wednesday, October 28, 2026, down 0.41% on the day. The US market is currently closed; this is not a live price.

The prior close was USD 17.05; the Oct 28, 2026 session ranged USD 16.79–17.35 on volume of 232,024 shares. Market capitalization is $773.44M, with a 52-week range of USD 6.15–19.48 (NGM). Source: Nexqual, retrieved October 29, 2026 at 07:34 UTC.

Also available as compact Markdown for AI agents: nexqual.com/PUBM.md

Key facts (PUBM)

• Last four reported quarters (through Jun 30, 2026): revenue $289M, net income -$13.5M (-4.7% margin), free cash flow $73.5M (SEC filings).
• Insider open-market sales, last ~7 months: 40 Form 4 filings, $16.8M; 10 not under a Rule 10b5-1 plan ($2.1M); 0 by opportunistic insiders, 35 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
• Analysts: Buy (mean 1.92 on a 1–5 scale) (13 analysts), mean target USD 21 (range 18–24).
• Total return with dividends: 1Y +100.7% vs S&P 500 +13.6%; 5Y -40.6% vs S&P 500 +79.8%.
• Next earnings: 2026-11-09, EPS estimate USD 0.14, revenue estimate $76.1M.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PUBM)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (PUBM)

P/S 2.7x · P/FCF 10.5x · P/B 3.2x · FCF yield 9.50% · Earnings yield -1.74% · Buyback yield (TTM) 4.31%

P/E at fiscal year-ends: Dec 2024 63.8x, Dec 2023 102.9x.

Insider sales (SEC Form 4, open-market, last ~7 months) (PUBM)

30 of 40 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (PUBM)

Consensus Buy (mean 1.92 on a 1–5 scale), 13 analysts; mean target USD 21 (low 18, high 24).

Rating changes, last 120 days:

Total return (dividends reinvested) (PUBM)

PUBM earnings history and stock reaction

EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).

PUBM recent SEC filings (last 120 days)

Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.

PUBM revenue by region (quarter ended Jun 30, 2026)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

PUBM suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Feb 26, 2026.

PUBM company outlook (results filed Aug 6, 2026)

• “Our outlook assumes that general market conditions do not significantly deteriorate as it relates to current macroeconomic and geopolitical conditions.”
• “For the third quarter of 2026, we expect the following: • Revenue to be in the range of $75 million to $77 million. • Adjusted EBITDA to be in the range of $17.0 million to $19.0 million.”
• “Adjusted EBITDA expectation assumes a negative foreign currency exchange impact predominantly from Euro and Pound Sterling.”

Analysts expect $76.1M for the current quarter, in line with the midpoint of the company's guidance ($76.0M).

Quoted word-for-word from the SEC 8-K results press release.

PUBM analyst estimates and revisions

PUBM options: expected move

Options price a move of about ±20.5% (±$3.48) by Nov 20, 2026, which includes earnings on Nov 9, 2026. Over the last 8 reports the stock moved ±21.5% on average.

30-day implied volatility 89.3% vs 44% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 29, 2026 at 07:34 UTC)

Technical Analysis (PUBM)

Nexqual's technical model rates PUBM "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 29, 2026 at 07:34 UTC.

Analyst Ratings (PUBM)

Wall Street analysts rate PUBM "Buy" based on 13 analysts, with a mean price target of USD 21 (range USD 18–24), per Nexqual as of October 29, 2026 at 07:34 UTC.

Earnings (PUBM)

Recent Earnings History

Source: Nexqual, October 29, 2026 at 07:34 UTC.

Financials & Fundamentals (PUBM)

Source: Nexqual, October 29, 2026 at 07:34 UTC.

Financial Health Score (PUBM)

Nexqual rates PubMatic, Inc.'s overall financial health "Mixed" across five dimensions, as of October 29, 2026 at 07:34 UTC.

Ownership (PUBM)

Source: Nexqual, October 29, 2026 at 07:34 UTC.

Leadership (PUBM)

PubMatic, Inc. is led by Rajeev K. Goel, Co-Founder, CEO & Director, per Nexqual as of October 29, 2026 at 07:34 UTC.

Major Backers & Investors (PUBM)

Notable institutional backers of PubMatic, Inc. include Graham Holdings Co, Acadian Asset Management. LLC, Renaissance Technologies, according to Nexqual as of October 29, 2026 at 07:34 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 29, 2026 at 07:34 UTC.

From PubMatic, Inc.'s Latest SEC 10-K Filing (filed 2026-02-26)

Key Strengths & Strategy (as disclosed to the SEC)

• We seek to control access to our proprietary technology by entering into non-disclosure agreements with third parties and disclosure and invention assignment agreements with our employees and contractors.
• Other jurisdictions have enacted legislation that closely tracks the concepts, obligations, and consumer rights described in the GDPR, including Brazil's General Data Protection law and India's Digital Personal Data Protection Act of 2023.
• Finally, we own and operate our proprietary software and hardware infrastructure around the world which saves significant costs and gives us the efficiencies, control, and independence compared to companies that rely on public cloud alternatives.
• Our integrated technology platform connects buyers, publishers, data providers, and commerce media networks on a single, unified platform, to deliver advertising performance, control, transparency and efficiency.

Legal & Regulatory Risks (Item 1A, quoted)

• Our litigation with Google LLC presents several risks to our business that could adversely affect our business, results of operations and financial condition.
• We rely on customers, publishers, buyers, and partners to abide by contractual requirements and relevant laws, rules, and regulations when using our platform, and legal claims or enforcement actions resulting from their actions could expose us to liabilities, damage our reputation, and be costly to defend.
• We use artificial intelligence in our business, and challenges with properly managing its use could result in reputational harm, competitive harm, and legal liability, and adversely affect our results of operations.
• Risks Related to Regulations

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 29, 2026 at 07:34 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt