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PubMatic, Inc. (PUBM)

Technology | Software - Application | Redwood City, United States | NasdaqGM
16.82 USD +0.47 (2.875%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 16.82

Short-term:★★⯪☆☆Long-term:★⯪☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 5:07 a.m. EDT

The investment case for PubMatic is currently fractured by a brutal multi-year price trajectory that has erased nearly two-thirds of shareholder value, despite the company reporting top-line revenue growth. The market has clearly priced in a severe deterioration in business quality, as indicated by the relentless decline in share price over the last four years, which outweighs the recent quarterly revenue beat. Fundamentally, the company is struggling with profitability, posting negative earnings and operating margins while trading at a premium to its book value—a dangerous combination for a software firm without a fortress balance sheet. The lack of any dividend yield further limits the safety margin for investors. While the short-term technicals show a recent bounce off lows, the heavy speculative positioning in out-of-the-money puts suggests traders are still bracing for further weakness rather than seeing a confirmed recovery. Until the company demonstrates sustained profitability and a reversal in the long-term price trend, the risk-reward profile remains skewed against the buyer.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.196544
AutoETS0.202454
AutoARIMA0.203533
AutoTheta0.219588

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 36%
H-stat 7.78
Ljung-Box p 0.000
Jarque-Bera p 0.093
Excess Kurtosis -0.62
Attribute Value
Sector Technology
Debt to Equity Ratio 17.135
Revenue per Share 6.228
Market Cap 766,152,000
Forward P/E 20.71
Beta 1.54
Profit Margins -4.66%
Website https://www.pubmatic.com

As of Aug. 22, 2026, 5:07 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive out-of-the-money put volume and open interest in the October expiration compared to negligible call activity. While ATM calls show some interest, the overwhelming capital allocation is in deep OTM puts, suggesting a fear of a significant drop rather than a bet on a rally.


Info Dump

Attribute Value
52 Week Change 0.9190141
Address1 601 Marshall Street
All Time High 76.958
All Time Low 6.15
Ask 17.24
Ask Size 2
Audit Risk 4
Average Analyst Rating 1.8 - Buy
Average Daily Volume10 Day 640,070
Average Daily Volume3 Month 633,108
Average Volume 633,108
Average Volume10Days 640,070
Beta 1.542
Bid 9.72
Bid Size 2
Board Risk 9
Book Value 5.259
City Redwood City
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 9
Country United States
Crypto Tradeable 0
Currency USD
Current Price 16.82
Current Ratio 1.274
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 17.48
Day Low 16.39
Debt To Equity 17.135
Display Name PubMatic
Earnings Call Timestamp End 1,786,046,400
Earnings Call Timestamp Start 1,786,046,400
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,794,254,400
Earnings Timestamp Start 1,794,254,400
Ebitda 2,440,000
Ebitda Margins 0.00844
Enterprise To Ebitda 274.493
Enterprise To Revenue 2.316
Enterprise Value 669,763,712
Eps Current Year 0.52
Eps Forward 0.812
Eps Trailing Twelve Months -0.3
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 14.1176
Fifty Day Average Change 2.7023993
Fifty Day Average Change Percent 0.19142058
Fifty Two Week Change Percent 91.90141
Fifty Two Week High 18.44
Fifty Two Week High Change -1.6200008
Fifty Two Week High Change Percent -0.08785254
Fifty Two Week Low 6.15
Fifty Two Week Low Change 10.67
Fifty Two Week Low Change Percent 1.7349594
Fifty Two Week Range 6.15 - 18.44
Financial Currency USD
First Trade Date Milliseconds 1,607,524,200,000
Float Shares 33,519,528
Forward Eps 0.812
Forward P E 20.714287
Free Cashflow 60,314,624
Full Exchange Name NasdaqGM
Full Time Employees 1,030
Fullday Change 0.469999
Fullday Change Percent 2.87461
Fullday Price 16.82
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.6443
Gross Profits 186,310,000
Has Pre Post Market Data 1
Held Percent Insiders 0.00916
Held Percent Institutions 0.82458
Implied Shares Outstanding 45,550,061
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ipo Expected Date 2,020-12-09
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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, 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.
Long Name PubMatic, Inc.
Market us_market
Market Cap 766,152,000
Market State CLOSED
Max Age 86,400
Message Board Id finmb_36397912
Most Recent Quarter 1,782,777,600
Net Income To Common -13,480,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 744,287,995
Number Of Analyst Opinions 10
Open 16.39
Operating Cashflow 88,038,000
Operating Margins 0.00737
Overall Risk 9
Payout Ratio 0.0
Peg Ratio 4.95
Phone 650 331 3485
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 16.82
Post Market Time 1,787,959,806
Previous Close 16.35
Price Eps Current Year 32.346153
Price Hint 2
Price To Book 3.1983268
Price To Sales Trailing12 Months 2.649523
Profit Margins -0.04662
Quick Ratio 1.234
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.83333
Region US
Regular Market Change 0.469999
Regular Market Change Percent 2.87461
Regular Market Day High 17.48
Regular Market Day Low 16.39
Regular Market Day Range 16.39 - 17.48
Regular Market Open 16.39
Regular Market Previous Close 16.35
Regular Market Price 16.82
Regular Market Time 1,787,947,200
Regular Market Volume 746,020
Return On Assets -0.01244
Return On Equity -0.05593
Revenue Growth 0.105
Revenue Per Share 6.228
Sand P52 Week Change 0.20504117
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 10
Shares Outstanding 37,303,647
Shares Percent Shares Out 0.045500003
Shares Short 2,070,275
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 2,944,796
Short Name PubMatic, Inc.
Short Percent Of Float 0.0563
Short Ratio 2.99
Source Interval 15
State CA
Symbol PUBM
Target High Price 23.0
Target Low Price 17.0
Target Mean Price 20.3
Target Median Price 20.5
Total Cash 137,507,008
Total Cash Per Share 3.018
Total Debt 40,907,000
Total Revenue 289,166,016
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.3
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 10.18395
Two Hundred Day Average Change 6.6360493
Two Hundred Day Average Change Percent 0.65161836
Type Disp Equity
Volume 746,020
Website https://www.pubmatic.com
Zip 94,063