Fintel reports that on February 27, 2026, B. Riley Securities upgraded their outlook for PubMatic (NasdaqGM:PUBM) from Neutral to Buy.
Analyst Price Forecast Suggests 75.75% Upside
As of February 25, 2026, the average one-year price target for PubMatic is $12.43/share. The forecasts range from a low of $9.60 to a high of $21.00. The average price target represents an increase of 75.75% from its latest reported closing price of $7.07 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for PubMatic is 410MM, an increase of 44.85%. The projected annual non-GAAP EPS is 0.87.
What is the Fund Sentiment?
There are 261 funds or institutions reporting positions in PubMatic. This is an decrease of 78 owner(s) or 23.01% in the last quarter. Average portfolio weight of all funds dedicated to PUBM is 0.05%, an increase of 5.75%. Total shares owned by institutions decreased in the last three months by 3.05% to 30,803K shares. 
The put/call ratio of PUBM is 1.43, indicating a bearish outlook.
What are Other Shareholders Doing?
Graham Holdings holds 2,831K shares representing 7.42% ownership of the company. No change in the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,297K shares representing 3.40% ownership of the company. No change in the last quarter.
Renaissance Technologies holds 1,219K shares representing 3.20% ownership of the company. In its prior filing, the firm reported owning 1,356K shares , representing a decrease of 11.18%.
Wellington Management Group Llp holds 1,171K shares representing 3.07% ownership of the company. In its prior filing, the firm reported owning 1,469K shares , representing a decrease of 25.41%. The firm decreased its portfolio allocation in PUBM by 14.41% over the last quarter.
CenterBook Partners holds 1,147K shares representing 3.01% ownership of the company. No change in the last quarter.
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This story originally appeared on Fintel.
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