Find out why analysts are fired up about these stocks to see if they could be right for you.Investor enthusiasm for artificial intelligence (AI) has driven stock prices through the roof for plenty of AI-focused businesses. Luckily, you can still find some terrific AI stocks with more than 20% upside over the next 12 months.Wall Street analysts tasked with following the ride-hailing champ Uber Technologies (UBER -0.32%) and PubMatic (PUBM 2.59%), an advertising technology specialist, think these stocks could ...

NO-HEADQUARTERS/REDWOOD CITY, Calif., April 17, 2024 (GLOBE NEWSWIRE) -- PubMatic, Inc. (NASDAQ:PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced that it will release its financial results for the quarter ended March 31, 2024 after market close on May 7, 2024. On that day PubMatic will host a webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) to discuss the company's financial results. Webcast Details What: PubMatic's First Quarter ...

PubMatic (PUBM) is expanding its footprint in the digital advertising landscape with its recent collaboration with GroupM, the media investment arm of WPP.The collaboration provides advertisers with cohort-based modeling capabilities powered by a distributed AI model developed by Resolve, a Choreograph company, to enable scalable targeting across multiple publishers, ensuring privacy-first ad buying at scale.By seamlessly integrating this proprietary technology into the PubMatic SSP (Sell-Side-Platform), th ...

NEW YORK and LONDON, April 16, 2024 (GLOBE NEWSWIRE) -- PubMatic, (NASDAQ:PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced a partnership with GroupM, WPP's media investment group, to deliver cohort-based modeling capabilities for advertisers. This collaboration, a first-of-its-kind in the market, leverages a distributed AI model via Resolve, a Choreograph company, to enable scaled targeting across multiple publishers simultaneously, ensuri ...

The ad tech company delivered a stellar fourth quarter, and is poised for revenue growth in 2024.In 2024, digital advertising is forecasted to grow 13% over last year, and account for nearly 70% of global ad spending. This is good news for ad tech firm PubMatic (PUBM -5.21%).In fact, the advertising industry's strong growth is already helping the company. PubMatic experienced a phenomenal fourth quarter, sending its stock to a 52-week high of $24.19 on April 4.Shares have dipped since then, so is now the ti ...

Key TakeawaysRoblox has partnered with PubMatic to allow for media purchases of Roblox's video ad inventory when it is available later this year.Roblox, which began testing out its video ad platform in November, said that teaming with PubMatic will give more advertisers the ability to reach its users.Roblox shares were up 1.5% in late-afternoon trading, bucking a broader downturn for U.S. equities. Roblox (RBLX) shares were higher Wednesday afternoon, bucking a broader downturn for U.S. equities, after the ...

REDWOOD CITY, Calif., April 10, 2024 (GLOBE NEWSWIRE) -- PubMatic (NASDAQ:PUBM), an independent technology company delivering digital advertising's supply chain of the future, today announced a partnership with Roblox (NYSE:RBLX), a global immersive platform for communication and connection, to enable programmatic media buying of Roblox's video advertising inventory when it becomes available later this year. The partnership will allow more brands to seamlessly reach Roblox's global community of over 71 mill ...

Shares of advertising technology (adtech) company PubMatic (PUBM -1.78%) rose 37.9% during February, according to data provided by S&P Global Market Intelligence. The stock meandered along for most of the month before skyrocketing right at the end. The sharp rise in late February coincided with the company's latest financial report.The report in question was for PubMatic's fourth quarter of 2023. It came out on Feb. 26 and showed that the company generated quarterly revenue of nearly $85 million, up 14% yea ...

In case you weren't paying attention earlier, the stock market can be wildly unpredictable from one year to the next. After the dismal year of 2022, few were predicting big gains, but the Nasdaq Composite index ended up surging an unimaginable 43% in 2023.Trying to time major market moves will always be guesswork, but it's a game that individual investors don't need to play. Buying shares of great businesses at fair prices and simply holding them over long periods is a nearly surefire way to build wealth ov ...

NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- PubMatic (NASDAQ:PUBM), an independent technology company delivering digital advertising's supply chain of the future, announced that it has been named as a preferred supply partner by Wpromote, a top independent marketing agency, to drive efficiency and maximize performance across the open internet. Through this partnership, Wpromote's clients will gain transparent access to PubMatic's premium publisher inventory across display, video and connected TV (CTV) inven ...