Weekly Investment Analysts’ Ratings Updates for PubMatic (PUBM)

PubMatic (NASDAQ: PUBM) has recently received a number of price target changes and ratings updates:

• 8/11/2026 – PubMatic was downgraded by Weiss Ratings from “sell (d)” to “sell (d-)”.
• 8/11/2026 – PubMatic had its price target raised by Jefferies Financial Group Inc. from $10.00 to $18.00. They now have a “hold” rating on the stock.
• 8/10/2026 – PubMatic had its “outperform” rating reaffirmed by Evercore Inc. They now have a $21.00 price target on the stock.
• 8/8/2026 – PubMatic was upgraded by Wall Street Zen from “hold” to “buy”.
• 8/7/2026 – PubMatic had its “buy” rating reaffirmed by Lake Street Capital. They now have a $20.00 price target on the stock.
• 8/7/2026 – PubMatic had its “buy” rating reaffirmed by B. Riley Financial, Inc..
• 8/7/2026 – PubMatic had its “outperform” rating reaffirmed by Citigroup Inc..
• 8/7/2026 – PubMatic was upgraded by Scotiabank from “sector perform” to “sector outperform”. They now have a $21.00 price target on the stock, up from $8.00.
• 8/7/2026 – PubMatic was upgraded by Raymond James Financial, Inc. from “market perform” to “outperform”. They now have a $22.00 price target on the stock.
• 8/7/2026 – PubMatic had its price target raised by Citizens Jmp from $12.00 to $20.00. They now have a “market outperform” rating on the stock.
• 8/7/2026 – PubMatic had its price target raised by Rosenblatt Securities from $21.00 to $23.00. They now have a “buy” rating on the stock.
• 7/17/2026 – PubMatic had its “sell (d)” rating reaffirmed by Weiss Ratings.

Insider Buying and Selling at PubMatic

In other news, CFO Steven Pantelick sold 23,548 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The stock was sold at an average price of $13.65, for a total transaction of $321,430.20. Following the completion of the transaction, the chief financial officer owned 64,820 shares in the company, valued at $884,793. This trade represents a 26.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Rajeev K. Goel sold 211,302 shares of PubMatic stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $17.74, for a total value of $3,748,497.48. Following the completion of the sale, the chief executive officer directly owned 31,692 shares in the company, valued at $562,216.08. This trade represents a 86.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 621,473 shares of company stock valued at $9,272,736 in the last 90 days. Insiders own 27.78% of the company’s stock.

PubMatic is a cloud-based digital advertising technology company that provides a supply-side platform (SSP) enabling publishers to automate and optimize the sale of their ad inventory across display, mobile, video and connected TV channels. Its core offerings include real-time bidding infrastructure, header bidding solutions under the OpenWrap brand and data analytics tools that deliver actionable insights on audience engagement and monetization performance. By facilitating seamless auctions and providing transparent reporting, PubMatic helps publishers maximize yield while improving buyer experiences.

Founded in 2006 by Rajeev Goel and a team of ad-tech veterans, PubMatic grew from an early entrant in programmatic selling to a publicly traded company, listing on the Nasdaq (symbol: PUBM) in December 2020.