PUBM PubMatic, Inc.

MIXED Impact: 7/10 ANALYST-UPGRADE
Processed 1mo ago SEC analyst-PUBM-wolferes-20240716
Wolfe Research initiates coverage on PUBM at Outperform
Latest settled — T+20d ⚠ clustered
PUBM ▼ -3.17% at T+20d
NEUTRAL call ✗ call lost -3.17% · α vs SPY -8.98% · entry $9.79 → $9.48
Next anchor: T+60d in 5w
Last close $11.24 (close Jun 8) · +14.81% from $9.79 entry
Entry anchored
Apr 16, 01:49 PM ET
via Databento tick
T+1d
+0.20%
call +0.20% · α -1.01%
$9.81
settled 8w ago
T+5d
-6.44%
call -6.44% · α -7.42%
$9.16
settled 7w ago
T+20d
-3.17%
call -3.17% · α -8.98%
$9.48
settled 27d ago
T+60d
call — · α —
in 5w

Price Chart

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Executive Summary

Wolfe Research initiates coverage on PUBM with an Outperform rating and $25 price target, implying 158% upside from the current price of $9.69. Wolfe has a 52.3% accuracy rate (236/451 calls correct), above the sector median. Recent analyst activity shows a modest upgrade from B. Riley and a $21 high target from Rosenblatt, but insider selling totaled over $1.1M in April, signaling divergence between institutional sentiment and insider behavior.

Recent Analyst Activity

DateFirmActionRatingPrice Target
2026-03-20 Rosenblatt maintain Buy
2026-02-27 Rosenblatt maintain Buy $21.00
2026-02-27 B. Riley Securities upgrade Buy $10.50
2025-11-11 B. Riley Securities maintain Neutral $10.00
2025-11-11 Evercore ISI Group maintain Outperform $13.00

Documents Analyzed

Report based on filing metadata.

12 reports for PUBM
Performance horizon
67% Hit rate 4 of 6 directional calls best @ T+60▲ +30.12%May 16, 2026
Filters
Rows
Reports for PUBM — sortable, filterable
Type Now
May 19, 2026
21d ago
Insider Cluster
BEARISH ★ 5/10
$9.88 $11.44▼ −15.79%▼ −13.99%$11.24 (−13.77%)
May 16, 2026
24d ago
ANALYST-UPGRADE
BULLISH ★ 2/10
$8.10 $8.91▲ +10.00%▲ +11.69%$11.24 (+38.77%)
Apr 22, 2026
6w ago
8-K
BULLISH ★ 7/10
$9.16 $9.72▲ +6.11%▲ +4.64%$11.24 (+22.71%)
Apr 16, 2026
7w ago
ANALYST-UPGRADE
MIXED ★ 7/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.24 (+14.81%)
Apr 16, 2026
7w ago
ANALYST-UPGRADE
MIXED ★ 6/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.24 (+14.81%)
Apr 16, 2026
7w ago
ANALYST-DOWNGRADE
BEARISH ★ 8/10
$9.79 $9.16▲ +6.44%▲ +7.42%$11.24 (−14.81%)
Apr 16, 2026
7w ago
ANALYST-DOWNGRADE
BEARISH ★ 8/10
$9.79 $9.16▲ +6.44%▲ +7.42%$11.24 (−14.81%)
Apr 16, 2026
7w ago
ANALYST-UPGRADE
MIXED ★ 7/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.24 (+14.81%)
Apr 16, 2026
7w ago
ANALYST-UPGRADE
MIXED ★ 7/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.24 (+14.81%)
Apr 15, 2026
7w ago
DEFA14A
NEUTRAL ★ 2/10
$9.79 $9.16▼ −6.44%▼ −7.42%$11.24 (+14.81%)
Showing 10 of 12

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