PUBMATIC INC CLASS A (PUBM)
Communication Services · Ad-tech / Programmatic Advertising · NASDAQ
PubMatic provides an AI-powered sell-side platform that connects digital publishers with advertisers, delivering high-performance, transparent programmatic advertising infrastructure.
What PUBMATIC INC CLASS A does
PubMatic is an independent, AI-powered advertising technology company that provides a sell-side platform connecting digital content publishers with advertisers. Its unified infrastructure platform enables publishers to maximize the monetization of their advertising inventory while providing buyers—including agencies and demand-side platforms—with transparency, control, and efficiency in real-time digital advertising transactions. The company owns and operates its own global hardware and software infrastructure to optimize processing costs and advertising outcomes.
Themes: digital advertising, programmatic advertising, supply-side platform (SSP), connected TV (CTV), ad-tech infrastructure, privacy-compliant advertising
Fundamentals
- Price$18.68 as of 2026-10-08 close
- Market cap$851M as of 2026-07-30 (share count; price 2026-10-08)
- 1-year return+110.1% 2025-10-08 close $8.89 → 2026-10-08 close $18.68
- P/En/a negative earnings
- Net margin-5.1% FY2025, SEC XBRL
- Gross margin+63.6% FY2025, SEC XBRL
- ROE-5.5% FY2025, SEC XBRL
- Debt / equity0.00 as of 2026-09-02
- Revenue growth (YoY)-1.0% as of 2026-09-02
- Revenue CAGR (3y)+3.3% SEC XBRL
- Beta1.29 as of 2026-09-02
- Last reported earnings2026-08-06 SEC EDGAR Form 8-K (Item 2.02)
How PUBM compares in its sector
- net profit marginmiddle range 127 covered Communication Services peers, as of 2026-09-02
- operating marginbottom 25% 123 covered Communication Services peers, as of 2026-09-02
- gross marginmiddle range 25 covered Communication Services peers, as of 2026-09-02
- return on equitymiddle range 113 covered Communication Services peers, as of 2026-09-02
- 3-year revenue CAGRmiddle range 123 covered Communication Services peers
- free cash flow (absolute dollars, latest fiscal year)middle range 115 covered Communication Services peers, as of FY2025
Position among covered Communication Services companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How PUBMATIC INC CLASS A looks technically
PUBMATIC INC CLASS A (PUBM) is trading 64.2% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 104 trading days ago — a "golden cross", a bullish long-term signal. A strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 39, with buyers in control. Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 62, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative). It made a new 20-day high about 6 trading days ago. It is 4.1% below its 52-week high (its highest price of the past year).
Trend
8
| Distance from the 200-day | it is trading 64.2% above its 200-day average, the long-term trend line — a longer-term uptrend | +64.2% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $16.85 | $16.85 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $11.38 | $11.38 |
| Swing structure | each recent peak has been higher than the one before it and each dip has been shallower — the pattern chart-watchers call an uptrend, which describes where price has already been and not where it goes next | higher highs and higher lows |
| Last swing turn | its last significant turn was a swing high 21 calendar days ago — the swings before that are what the structure reading is measured on | 21 sessions |
| Wave structure | its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in the fourth leg, a pullback against that upward direction; the labelling fails if price closes below 17.88. It is one of several labellings that fit, and it describes the swings already printed, not what comes next. The same swings also read as a completed three-part correction. | possible upward five-wave sequence, in wave 4 (one of several readings) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 104 trading days ago — a "golden cross", a bullish long-term signal | 104 sessions |
| Trend strength (14-day ADX) | a strong uptrend is in place — ADX, a 0–100 trend-strength gauge, is 39, with buyers in control | 39.1 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 62, neither overbought (above 70) nor oversold (below 30) | 61.8 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($17.25 to $19.48) — its "stochastic" reading is 64 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 64.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bearish about 3 trading days ago (its momentum flipped negative) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $19.48 | $19.48 |
|---|---|---|
| From the 52-week high | it is 4.1% below its 52-week high (its highest price of the past year) | -4.1% |
| Above the 52-week low | it is 203.7% above its 52-week low (its lowest price of the past year) | +203.7% |
| Below the 52-week high | it is 4.1% below its highest point of the past year | 4.1% |
| Since a 20-day breakout | it made a new 20-day high about 6 trading days ago | 6 sessions |
| Since a 55-day breakout | it made a new 55-day high about 6 trading days ago | 6 sessions |
| All-time high | its highest closing price on record is $76.96 (set on 2021-03-01) | $76.96 |
| Given back of the 52-week move | over the past year its closes ranged ($6.28 to $19.18), and it has given back only a small part of its rise from last year’s low — 4% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $10.79 to $11.21. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 3.9% |
| From the all-time high | it is 75.7% below its all-time high | -75.7% |
| Nearest price level | it is trading 4.7% above a support level at $17.81 — a price it turned at twice since 2024-11-13, most recently on 2026-09-03. Since 2024-10-08 it has 16 such levels below the current price and 0 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -4.7% |
| All-time low | its lowest closing price on record is $6.15 (set on 2026-02-17) | $6.15 |
| Above the all-time low | it is 203.7% above its all-time low | +203.7% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are about average versus its own recent 6-month history | 39th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.6806 between its high and its low — about 3.6% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.6806 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $16.37 and $19.59 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $16.37 – $17.98 – $19.59 |
| Typical daily range (% of price) | its price moves about 3.6% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 3.6% |
| Stretch from the 200-day average | it is trading 10.7 daily ranges above its 200-day average price (64.2% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 10.7 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.41× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a bearish engulfing | 4 sessions ago it opened above the previous session's close and finished below that session's open — a "bearish engulfing" pair, where one down day more than undid the up day before it | 4 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.8% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.8% |
|---|---|---|
| Open gap | it gapped 8.5% above the previous close 15 sessions ago and has not traded back through the level it left behind at 16.85 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | +8.5% |
| Gap filled | a 2.1% gap up opened on 2026-08-05 has been "filled" 45 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 45 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +1.8% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 13.6 percentage points (the stock gained 14.7% while the market gained 1.0%) | +13.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock beat the market by 38.1 percentage points (the stock gained 41.9% while the market gained 3.8%) | +38.1% |
| vs market, 6 months | over the past 6 months this stock beat the market by 102.3 percentage points (the stock gained 119.8% while the market gained 17.5%) | +102.3% |
| vs market, 12 months | over the past 12 months this stock beat the market by 95.1 percentage points (the stock gained 110.1% while the market gained 15.0%) | +95.2% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a strong uptrend, with buyers in control, outperforming the market over 6 months, trading above the Ichimoku cloud — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: MACD momentum is negative — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 17% above the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established uptrend, with the band below acting as the level that would have to give way. The band itself is moderate, spanning 6.6% of the share price. | +16.7% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 60% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $11.67 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | +60.1% |
|---|---|---|
| Vs the average paid since it last reported | the price is 7% above the average price paid since it last reported on 2026-08-06 (its 10-Q), so the typical buyer over that stretch is showing a gain. That average is $17.45 — a volume-weighted average of daily closes over 45 sessions, not a true tick-by-tick VWAP. | +7.0% |
Price levels it has turned at before
PUBM last closed at $18.68 on 2026-10-08. Since 2024-10-08 it has turned at 16 prices below its last close and 0 above; the 3 nearest below are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $17.81 | Support | 4.7% below the last close | turned there twice · 2024-11-13 to 2026-09-03 |
| $17.20 | Support | 7.9% below the last close | turned there three times · 2024-12-04 to 2025-02-12 |
| $15.60 | Support | 16.5% below the last close | turned there three times · 2024-10-21 to 2026-08-26 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a five-part upward sequence — what Elliott-wave chartists call an impulse — now in leg 4 of five, a pullback against that direction.
This labelling fails — stops being a possible reading at all — if it closes below $17.88.
This is one of several labellings that fit the same swings, so treat it as a reading rather than the reading. It was chosen from 2 labellings that survived the rules, counting shorter readings of the same bars.
On past moves of this shape the leg has usually ended somewhere between $17.88 and $18.42 — that is where it has tended to end if the count holds, not a forecast of where the price goes.
Alternate reading: The same swings also read as a completed three-part correction, which fails on a close above $19.19.
This reading has stood for 11 trading days, since 2026-09-24.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · MACD just crossed bearish (12/26/9) · in a strong, established uptrend (ADX) · beating the market · Stretched far above its 200-day average (6+ daily ranges) · Trading above the Ichimoku cloud | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingBuy (1.77 mean, 1=Strong Buy…5=Strong Sell) — 11 analysts
- Mean price target$21.00 range $18.00 – $24.00
Analyst estimates, as of 2026-10-04. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for PUBM
- Consensus EPS estimate$0.14 next reporting period, as of 2026-10-04
- Estimate change, 30 days+$0.002 (+1.4%) from $0.138, on 2026-08-30, 35-day window
- Readings revised upward20% of 5 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High competition in the digital advertising and ad-tech sector","Exposure to macroeconomic uncertainty and global economic instability","Impacts from evolving data privacy regulations and industry standards"]
What changed in the latest 10-Q
AI-assisted comparison of PUBM's 10-Q filed 2026-05-07 against the prior one filed 2025-11-10.
Management's Discussion & Analysis (MD&A)
- Added:
- Added description of company as 'artificial intelligence-powered advertising technology company' in newer filing (2026-05-07)
- Added reference to 'commerce media networks' as part of platform connectivity in newer filing (2026-05-07)
- Added statement 'we intend to continue to monitor macroeconomic conditions closely' in Industry Trends section in newer filing (2026-05-07)
- Added new macroeconomic factor description: 'impacts from the ongoing conflict in the Middle East and resulting disruption to international trade and energy markets' in newer filing (2026-05-07)
- Added new macroeconomic factor description: 'Escalating geopolitical tensions and volatility, including in the Middle East, could compound these effects by disrupting energy markets, global supply chains, and general consumer and business confidence' in newer filing (2026-05-07)
- Removed:
- Removed reference to fiscal year ended December 31, 2024 and replaced with fiscal year ended December 31, 2025 in newer filing (2026-05-07)
- Removed original mission statement 'seeking to maximize customer value by delivering digital advertising's supply chain of the future' in newer filing (2026-05-07)
- Removed phrase 'across the open internet' describing publisher reach in newer filing (2026-05-07)
- Removed reference to 'a continued increase in the number of ad impressions processed and analyzed in real-time by each participant in the digital advertising ecosystem' from Industry Trends in newer filing (2026-05-07)
- Removed specific example about Google's April 2025 decision regarding third-party cookies in Chrome in newer filing (2026-05-07)
- Removed discussion of 'performance driven media' being increased focus (replaced with broader language) in newer filing (2026-05-07)
- Removed financial data for nine-month periods and comparative 2024 data; replaced with only three-month periods for 2026 vs 2025 in newer filing (2026-05-07)
- Reworded:
- Changed mission statement from 'seeking to maximize customer value by delivering digital advertising's supply chain of the future' to 'to fuel the endless potential of internet content creators and to enable a thriving, advertisement-funded digital ecosystem where global audiences can gain free or affordable access to information and entertainment' in newer filing (2026-05-07)
- Changed description of platform purpose from 'empowers...to maximize monetization' and 'provides control and transparency to buyers' to 'connects buyers, publishers, data providers, and commerce media networks on a single, unified platform, to deliver advertising performance, control, transparency and efficiency' in newer filing (2026-05-07)
- Changed 'build direct relationships' language to 'create bespoke products' in newer filing (2026-05-07)
- Changed 'address these market conditions' to 'address changes in market conditions' in newer filing (2026-05-07)
- Changed 'an increased focus on performance driven media' to 'an increased focus on performance driven media' removed, replaced with more general language in Industry Trends in newer filing (2026-05-07)
- Changed macroeconomic section to add Middle East conflict as prominent factor in newer filing (2026-05-07)
- Changed 'reconciliation of Adjusted EBITDA to net income' to 'reconciliation of Adjusted EBITDA to net loss' in footnote in newer filing (2026-05-07)
- Notes:
- The newer filing covers the period ended March 31, 2026 while the older filing covers the period ended September 30, 2025, making them different quarters with different financial metrics
- Text appears truncated at end of both filings, limiting ability to assess changes in 'Our Strategy and Performance' section completeness
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 31 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 30 days · read to 2026-10-040 buys · 17 sells ($4M) — 6 selling insiders
- Last 90 days · read to 2026-10-040 buys · 31 sells ($11M) — 6 selling insiders
- Last 180 days · read to 2026-10-040 buys · 49 sells ($15M) — 7 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-10-05. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about PUBM's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding PUBM as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 6,853,745
- Reported value $89,921,141
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 2 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about PUBM's institutional holders → See what each manager we track holds →
Short interest (FINRA)
PUBM had 2,438,982 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
Short interest as a percent of shares outstanding is not shown for PUBM because we do not hold a verified share count to divide it by. The reported figures above are unaffected.
- Reported short interest (shares) 2,438,982
- Prior settlement (shares) 2,264,271
- Reported change 7.72%
- Days to cover (reported) 4.27
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- The Trade Desk (TTD)
- Magnite (MGNI)
- Google Ad Manager (GOOGL)
- Criteo (CRTO)
- DoubleVerify (DV)
- Integral Ad Science (IAS)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does PUBMATIC INC CLASS A (PUBM) do?
PubMatic is an independent, AI-powered advertising technology company that provides a sell-side platform connecting digital content publishers with advertisers. Its unified infrastructure platform enables publishers to maximize the monetization of their advertising inventory while providing buyers—including agencies and demand-side platforms—with transparency, control, and efficiency in real-time digital advertising transactions.
What sector is PUBMATIC INC CLASS A (PUBM) in?
PUBMATIC INC CLASS A (PUBM) is classified in the Communication Services sector. Its industry is Ad-tech / Programmatic Advertising. It trades on NASDAQ.
Who are PUBMATIC INC CLASS A's (PUBM) competitors?
Notable peers of PUBMATIC INC CLASS A (PUBM) include The Trade Desk, Magnite, Google Ad Manager, Criteo and DoubleVerify. This peer set is informational only — not financial advice.
Is PUBMATIC INC CLASS A (PUBM) overbought or oversold right now?
PUBMATIC INC CLASS A (PUBM) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 62, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on PUBM come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.