PubMatic (PUBM) News Today

PubMatic, Inc. (NASDAQ: PUBM) shares have moved lower amid a mix of analyst downgrades and weak quarterly results, offset slightly by bullish notes from major banks. Investors are weighing potential legal risks, revenue pressures from increased AI competition, and refreshed price targets.

• Positive Sentiment: Royal Bank of Canada reaffirms its “Outperform” rating on PUBM and maintains a $11.00 price target. Royal Bank Of Canada Reaffirms Outperform Rating
• Positive Sentiment: Evercore ISI cuts its price target to $12.00 but keeps an “Outperform” rating, seeing a 44.6% upside. Evercore ISI Lowers Price Target
• Positive Sentiment: JMP Securities lowers its target to $12.00 while retaining a “Market Outperform” rating on the stock. JMP Securities Lowers Price Target
• Neutral Sentiment: Industry commentary highlights broadcasters’ challenge of balancing legacy systems with innovation, reflecting broader ad-tech dynamics. Balancing Legacy with Innovation
• Negative Sentiment: Multiple securities-fraud investigations have been launched by firms including Portnoy Law Firm into potential federal violations at PubMatic. Portnoy Law Firm Investigation
• Negative Sentiment: Ad-tech peers tumble as AI-driven competition intensifies and revenue growth slows. Adtech Stocks Tumble
• Negative Sentiment: PUBM reached a new 12-month low following softer Q2 earnings and guidance. New 12-Month Low After Weak Earnings
• Negative Sentiment: Scotiabank cuts its price target on PUBM to $10.00 with a “Sector Perform” rating. Scotiabank Lowers Price Target
• Negative Sentiment: Lake Street Capital downgrades PubMatic to “Hold” and sets a $9.50 target. Lake Street Capital Downgrade
• Negative Sentiment: B. Riley Securities issues a downgrade on PUBM shares. B. Riley Downgrades PubMatic
• Negative Sentiment: Investors marked down the stock after a Q2 call detailed emerging headwinds, driving shares down over 20%. Should You Buy the Dip?