PubMatic (PUBM.US) Price Target and Rating 2026/2027

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PubMatic 2026 Price Target

The average price target for PubMatic is $21.00. This price target represents the analysts' view of the stock price over the next 12 months. The stock may be undervalued, because the price target is higher than the current price. The stock is 0% below the target, which can point to potential returns within the next 12 months if the analysts' view proves right. Also consider the stock's valuation ratios such as P/E, P/S and P/B, plus the technical analysis further down the page, for the full picture.
⚠️ Don’t buy a stock just because of its price targetA price target is the analysts’ estimate of where the stock will trade in 12 months. That estimate is often wrong. A large study of US stocks from 2000 to 2009 found that only 38% of price targets had been met after 12 months. On average, the targets promised 15 percentage points more return than the stocks delivered. Use the price target together with the financials and the trend, not on its own.Source: Bradshaw, Brown and Huang (2013)

Is PubMatic overvalued or undervalued?

PubMatic is currently fairly valued with a gap of 0% relative to the price target.


The current price is $0.00, which places PubMatic in the fairly valued category. The stock is considered undervalued when the price is below $18.90, and overvalued when the price exceeds $23.10.


The fair value range is defined as ±10% of the price target, because price targets are estimates rather than exact values. For PubMatic, the fair value range lies between $18.90 and $23.10.


See the full price target analysis for PubMatic →

Analyst Ratings for PubMatic stock in 2026: Buy

13 analysts cover PubMatic. The majority is positive, with 77% recommending Buy, while 23.1% recommend Hold.

Consensus: Buy (4.23/5)
Strong Buy
6 (46.2%)
Buy
4 (30.8%)
Hold
3 (23.1%)
Strong Sell Sell Hold Buy Strong Buy
4.23 out of 5 based on 13 analysts

About PubMatic – Software - Application

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 is a sell side platform for the purchase and sale of digital advertising inventory for publishers and buyers. The company also provides OpenWrap, a header bidding solution; Connect, a solution that provides additional data and insights to publishers and buyers; Activate, which allows buyers to execute direct deals on its platform across publisher inventory; Convert, a commerce media solution; and Identity Hub, an ID management tool for publishers that leverages specialized technology infrastructure to simplify alternative identifier marketplace. Its platform supports an array of ad formats and digital device types, including mobile app, mobile web, desktop, display, video, over the top video, connected television, and media. The company was incorporated in 2006 and is based in Redwood City, California. Read more about the company

Key Figures for PubMatic

$811M Market cap
$289M Revenue
Software - Application Industry
- P/E
2.81 P/S
3.20 P/B
United States Listed on exchange

What kind of stock is PubMatic?

Momentum stock

PubMatic is classified as a momentum stock with a momentum score in the top 6% of all stocks. The price has risen 0.0% over the long term.

Score Overview for PubMatic

💰 Value Score 25/100 (Low)
⭐ Quality Score 27/100 (Low)
🚀 Momentum Score 94/100 (Very High)
📊 Total Score 48/100

⚠️ 4 red flags identified

Our analysis has identified 4 potential risk factors in PubMatic that investors should be aware of.

⚠️ High debt: The debt-to-equity ratio is 167% – the company carries considerably more debt than equity, which raises the financial risk.
⚠️ Negative profit margin: The profit margin is -4.7% – the company is losing money on its operations.
⚠️ Negative return on equity: ROE is -5.6% – the company is generating a negative return for shareholders.
⚠️ Falling earnings: Quarterly earnings have fallen 50% year over year – the company's profitability is under pressure.

📈 Valuation

The P/S ratio is 2.8. The P/B ratio is 3.2. The PEG ratio is 5.34 — above 2.0 suggests the stock is expensive relative to its growth rate.

💵 Profitability & Growth

PubMatic and an operating margin of 0.7%. The latest quarterly earnings grew -49.5% year over year — falling earnings.

🏦 Financial Health

The Piotroski score is 5 out of 9 — average financial health. Altman Z2 is 2.08 (middle zone — moderate). The debt-to-equity ratio (D/E) is 166.7% — moderate debt.

🚀 Momentum & Short Interest

Short interest is 8.36% — elevated, some investors are betting on a decline.

Insider Trading in PubMatic 2026: Only sells

In 2026, insiders at PubMatic have made 20 transactions, all of which were sales. On a net basis, insiders took $5,544,995 out of the stock. Active insiders include Gimbel Lisa, Goel Rajeev K., Kumar Mukul and others. Over the last 3 months: only sells.

Last 3 Months: Only sells

Insiders have exclusively sold shares over the last 3 months.

Over the last 3 months: 0 purchases and 20 sales. A net $5,544,995 out of the stock.

All Transactions: Only sells

Insiders have exclusively sold shares in the recent period. This can suggest management sees limited opportunity.

Across the last 20 transactions: 0 purchases and 20 sales. A net $5,544,995 out of the stock.

Latest sale: Gimbel Lisa sold 500 shares at $16.13 each on 2026-11-02.

Who is selling: Gimbel Lisa, Goel Rajeev K., Kumar Mukul, Woods Andrew, Pantelick Steven and others.

Latest Insider Trades in PubMatic (2026)

The table shows the last 20 reported insider transactions in PubMatic. Green rows are purchases, red rows are sales. The data is based on official filings.

Transaction date Name Type Number of shares Price per share ($) Total amount ($)
2026-11-02 Gimbel Lisa Sell 500 16 8,065
2026-10-22 Goel Rajeev K. Sell 34,371 17 593,243
2026-10-16 Kumar Mukul Sell 8,000 18 142,240
2026-10-05 Woods Andrew Sell 10,079 19 187,973
2026-10-05 Pantelick Steven Sell 22,173 19 413,748
2026-10-05 Goel Amar K. Sell 10,795 19 201,435
2026-10-02 Woods Andrew Sell 5,232 19 101,658
2026-10-02 Pantelick Steven Sell 21,398 19 415,763
2026-10-02 Kumar Mukul Sell 7,176 19 139,430
2026-10-02 Goel Rajeev K. Sell 45,758 19 889,078

Who is buying and selling PubMatic shares in 2026?

The following insiders have sold shares: Gimbel Lisa, Goel Rajeev K., Kumar Mukul, Woods Andrew, Pantelick Steven and others. In total, $5,544,995 was sold across 20 transactions. Insider trades are legal transactions in which executives and board members buy or sell shares of their own company. These transactions are reported to the SEC and are publicly available.

PubMatic Short Selling 2026: 8.4% Sold Short

High short interest: 8.4% of the free float
Short % of free float
8.4%
Assessment
High short interest
Short squeeze risk
Moderate
Data source
EODHD
Reported about twice a month
The stock has a high share of short selling. Between 5-10% of the freely traded shares are sold short, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze.

What does this mean for you as an investor?
A short interest of 8.4% means that 8.4% of the freely traded shares in PubMatic have been borrowed and sold by investors betting on falling prices.

The next potential catalyst is the earnings report on Nov 9, 2026. With a short interest of 8.4%, the report can trigger considerable volatility.

Short interest comes from our data provider EODHD. The figure is reported about twice a month; we check it every trading day.
Short Interest Scale
0% 2% 5% 10% 20%+
Low Moderate High Very High Extreme
▲
8.4%

When Does PubMatic Report Earnings – Next Date: Nov 9, 2026

The next earnings report from PubMatic is scheduled for November 9, 2026, after the market closes. This report covers the third quarter (Q3), which ended on September 30, 2026.



Technical Analysis of PubMatic 2026 – Signal: Hold

Overall Technical Signal: Hold

Based on trend analysis (SMA50/SMA200) and MACD trend (positive/negative on a daily + weekly basis). Updated November 8, 2026.

Trend Analysis of PubMatic, Inc

PubMatic, Inc is in a short-term uptrend. The price of $17.81 is 4.1% above the 20-day average ($17.10). Medium term, the picture is positive: the price is 2.4% above the 50-day average ($17.39). Long term, the stock is 44.5% above the 200-day average ($12.33), which confirms a long-term uptrend.

Golden Cross: The 50-day average (17.39) is above the 200-day average (12.33), which is a classic bullish signal for PubMatic, Inc.

Is PubMatic, Inc overbought or oversold?

PubMatic, Inc has an RSI of 56.2. The stock shows positive momentum in the upper part of the neutral zone.

MACD Analysis for PubMatic, Inc

Daily MACD: MACD is negative (-0.252), which means the short-term trend is bearish (the 12-day EMA is below the 26-day EMA). MACD is above the signal line (-0.263) by 0.011, which suggests the negative momentum is fading – a potential trend reversal could be ahead.

Weekly MACD: MACD5 is positive (1.740), which indicates a broader bullish long-term trend. MACD5 is below the signal line (1.916) by 0.176, which suggests the long-term momentum is fading – the positive trend could come under pressure.

Overall MACD assessment: The daily and weekly MACD give conflicting signals. The long-term trend is bullish, but the short-term trend is bearish. Daily momentum is rising, though, which could suggest the pullback is over.

Overall Technical Conclusion for PubMatic, Inc

Trend: Neutral/mixed.

MACD trend (zero line): Daily bearish (-0.252). Weekly bullish (1.740).

MACD momentum (signal): Daily rising. Weekly falling.

RSI: 56.2 – neutral.

Technical signal: Hold

The signals are mixed – trend and MACD point in different directions. Wait until MACD crosses the zero line in the direction of the trend before acting.

Who Owns PubMatic?

The three largest owners of PubMatic are Graham Holdings Co (7.5%), BlackRock Inc (7.2%) and Vanguard Capital Management, LLC (3.6%). The percentage is their share of the stock, as of Jun 30, 2026. Source: our data provider EODHD.

The 10 Largest Institutions

InstitutionStakeChange
Graham Holdings Co7.46%0.0%
BlackRock Inc7.20%+7.0%
Vanguard Capital Management, LLC3.65%+2.9%
Acadian Asset Management LLC3.46%−0.2%
Dimensional Fund Advisors, Inc.3.27%+19.7%
Renaissance Technologies Corp3.12%−7.8%
Whitefort Capital Management, LP.2.44%+61.0%
Geode Capital Management, LLC2.18%+4.3%
Vanguard Portfolio Management, LLC2.08%+48.3%
Jacobs Levy Equity Management, Inc.1.89%−7.4%

As of Jun 30, 2026. "Change" is the change in shares held since the holder's previous report.

The 5 Largest Funds

FundStakeChange
Vanguard MStar Total Stk Mkt Idx Invest2.65%0.0%
Avantis US Small Cap Value ETF2.44%+0.4%
iShares Russell 2000 ETF2.18%−0.4%
Nuveen Quant Small Cap Equity R60.99%0.0%
Fidelity Small Cap Index0.94%+0.7%

As of Oct 29, 2026. A fund may be managed by one of the institutions above, so the two lists cannot be added together.

Frequently Asked Questions About PubMatic stock in 2026

Should you buy PubMatic stock now?
The technical signal for PubMatic is currently Hold. PubMatic trades at $0.00 as of Nov 8, 2026. The technical analysis shows the following: MACD is negative (bearish trend) at -0.252 with rising momentum (signal: -0.263); RSI is at 56.2 (neutral zone). This is a technical observation based on current data, not investment advice.
What is the price target for PubMatic stock?
There is currently no active analyst price target for PubMatic.
Is PubMatic a dividend stock?
No, PubMatic does not currently pay a dividend to shareholders. The company reinvests its profits in growth instead of paying dividends.
What is the risk of PubMatic stock?
PubMatic is rated as a stock in the risk category Unknown. Detailed risk data is currently not available.
Is PubMatic overvalued?
PubMatic has the following valuation ratios: a P/S ratio of 2.8, a P/B ratio of 3.2.
Is PubMatic overbought?
No, PubMatic is not overbought. RSI is at 56.2 (neutral zone). The technical indicators show: RSI is at 56.2 (neutral zone between 30-70), which signals neither overbought nor oversold. In addition, MACD is negative, but momentum is rising (possible trend reversal).
When is the next PubMatic earnings report?
PubMatic reports its next earnings on November 9, 2026. The stock currently trades at $0.00.
Is PubMatic shorted?
Yes, PubMatic is shorted with 8.4% of the free float sold short. This is a high level of short selling, which suggests some investors are betting on falling prices. Positive surprises can lead to a moderate short squeeze. The figure comes from our data provider EODHD, is reported about twice a month, and we check it every trading day.
Are insiders buying PubMatic stock?
No, insiders are not buying PubMatic shares – they are net sellers. Over the last 3 months, insiders have made 0 purchases and 20 sales. On a net basis, 5,544,995 $ worth of shares were sold. Across the last 20 reported transactions, the split is 0 purchases and 20 sales, with a net 5,544,995 $ sold. Active sellers include Gimbel Lisa, Goel Rajeev K., Kumar Mukul and others. Insider selling can have several explanations (e.g. planned 10b5-1 sales, portfolio diversification or taxes), but sustained selling by several insiders is worth watching closely.
Is PubMatic a good stock?
Based on our total score, PubMatic is rated as a mediocre stock with a total score of 48 out of 100. The stock scores around average on value, quality and momentum – it sits near the median in our database. The score is made up of Value: 25/100, Quality: 27/100, Momentum: 94/100. Whether now is the time to buy is a separate question: the technical signal is Hold. Whether PubMatic is a good investment depends on your time horizon, risk profile and portfolio. This is a data-driven observation, not investment advice.
What is the outlook for PubMatic stock?
The outlook for PubMatic based on current data: the next earnings report is due on Nov 9, 2026, which can move the price. Keep in mind that stock prices are affected by many factors, including earnings reports, the economy and market sentiment. Past returns are no guarantee of future returns.
Why is PubMatic stock moving?
PubMatic is moving right now. The technical indicators show: short interest is 8.4% (high – many are betting on a decline); insiders have mostly been selling the stock recently. For the latest context, see our technical analysis and insider section above.
How high can PubMatic go?
There is currently no active analyst price target for PubMatic. The stock has traded between $6.15 and $19.48 over the last 52 weeks. The price is 100.0% below the 52-week high, which can indicate potential if the underlying fundamentals are intact. Keep in mind that price targets are estimates, not guarantees. Actual price moves depend on earnings, market conditions and unexpected events.
How low can PubMatic fall?
We lack enough history to give a specific floor for PubMatic. Remember: past price swings are no guarantee for the future — a stock can fall further than the last 52 weeks suggest, especially on profit warnings, sector crises or a market crash. Use stop-loss orders and spread your portfolio to limit losses in single stocks.
What does PubMatic do?
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 Pu... The company belongs to the Technology sector, more specifically the Software - Application industry, is headquartered in United States, and is traded on the USA Stocks. See the key figures, earnings history and price development above to evaluate PubMatic as an investment.
Did PubMatic raise or lower its guidance?
Over the last 60 days we have not registered a guidance raise or cut from PubMatic. The company can still adjust its guidance at quarterly reports or between reports — see the earnings history above.
Is PubMatic making money or losing money?
No, PubMatic is currently not making money — the company is losing money with a negative profit margin of -4.7%, a small loss. That means the business loses money on every dollar of revenue. The operating margin, however, is positive at 0.7% — the core business makes money; the loss comes from financing costs, taxes or one-off items. For growth stocks investing in expansion this is normal — but it raises the risk if the company does not reach break-even before its capital runs out.
Can PubMatic go bankrupt?
The bankruptcy risk of PubMatic is rated as moderate. Altman Z2 (a model for assessing financial distress) is 2.08 — that places the company in the middle zone. The Piotroski score (financial health 0-9, higher is better) is 5 — which is average. Debt relative to equity is 167% (high). Remember: models like Altman Z2 are statistical — unexpected shocks (fraud, a sector collapse, lawsuits) can always happen. Spread your portfolio.
Does PubMatic have a lot of debt?
Yes, PubMatic has elevated debt relative to equity. The debt-to-equity ratio (D/E — interest-bearing debt to equity) is 167%. For the technology sector, anything above 120% counts as elevated — that raises the financial risk, especially if interest rates rise or earnings fall. Tech companies are usually asset-light and need little borrowed capital — anything below 60% counts as low in this sector. Note: D/E levels are highly sector-specific — a bank at 300% debt is normal, a tech stock at 300% is extremely leveraged. Always compare with similar companies in the same sector.

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