The market expects PubMatic, Inc. (PUBM) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

Investors might want to bet on PubMatic, Inc. (PUBM) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.T ...

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 ...