From a technical perspective, PubMatic, Inc. (PUBM) is looking like an interesting pick, as it just reached a key level of support. PUBM recently overtook the 20-day moving average, and this suggests a short-term bullish trend.
Shares of PUBM have remained highly volatile in the aftermath of its Q3 results, which exceeded expectations. While the TTD related headwinds are expected to remain, I expect modest growth and margin expansion for next year. Risks to consider include DSP concentration and declining search‑related ad revenue.
PubMatic, Inc. ( PUBM ) Q3 2025 Earnings Call November 10, 2025 4:30 PM EST Company Participants Rajeev Goel - Co-Founder, CEO & Director Steven Pantelick - Chief Financial Officer Conference Call Participants Stacie Clements - The Blueshirt Group, LLC Andrew Marok - Raymond James & Associates, Inc., Research Division Matthew Swanson - RBC Capital Markets, Research Division Shweta Khajuria - Wolfe Research, LLC Matthew Condon - Citizens JMP Securities, LLC, Research Division Robert Coolbrith - Evercore ISI Institutional Equities, Research Division Jacob Armstrong - KeyBanc Capital Markets Inc., Research Division Presentation Operator Hello, everyone, and welcome to PubMatic's Third Quarter 2025 Earnings Call. My name is Emmanuel, and I will be your Zoom operator today.
With big tech and AI names dominating headlines, it's easy for investors to overlook lesser-known stocks with long-term growth potential in a crowded, busy market. Firms like Weave Communications NYSE: WEAV, PubMatic NASDAQ: PUBM, and Zeta Global NYSE: ZETA do carry risks, particularly given their relative lack of brand recognition compared to giants in their respective industries.
PUBM stock fell 21%, despite a strong Q2 beat, due to weak Q3 guidance. A new DSP related headwind has emerged in July, just as the impact from the prior one was lapped during Q2. Mitigation efforts are likely to take a few months, as management also looks to further diversify the DSPs on its platform.
PubMatic, Inc. (NASDAQ:PUBM ) Q2 2025 Earnings Conference Call August 11, 2025 4:30 PM ET Company Participants Rajeev K. Goel - Co-Founder, CEO & Director Steven Pantelick - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake Street Capital Markets, LLC, Research Division Jacob Armstrong - KeyBanc Capital Markets Inc., Research Division James Edward Heaney - Jefferies LLC, Research Division Jason Stuart Helfstein - Oppenheimer & Co. Inc., Research Division Matthew Dorrian Condon - Citizens JMP Securities, LLC, Research Division Matthew John Swanson - RBC Capital Markets, Research Division Robert James Coolbrith - Evercore ISI Institutional Equities, Research Division Shweta R.
PubMatic, Inc. (PUBM) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.04 per share a year ago.
The Trade Desk's strong revenue growth gives it an edge over PubMatic despite rising ad-tech sector pressures.
PUBM is undervalued due to temporary headwinds, with healthy fundamentals and a strong growth runway, making it an attractive Buy at current levels. The recent revenue dip is mainly from a one-off DSP auction change, which should phase out by mid-FY2025, with underlying business growth remaining robust. PUBM benefits from rising Connected TV adoption, owns its data centers for cost efficiency, and maintains high customer retention, supporting long-term operating leverage.
PubMatic, Inc.'s Q1 '25 results showed resilience, with CTV and Emerging Revenues growing strongly despite overall sales decline and margin pressure from DSP headwinds. The company's solid balance sheet, with $101m cash and no debt, provides flexibility to invest in growth and weather short-term profitability challenges. Management's guidance and industry trends suggest CTV and international markets will drive robust revenue growth, aided by AI investments and favorable market shifts.
PubMatic, Inc. (NASDAQ:PUBM ) Q1 2025 Earnings Conference Call May 8, 2025 4:30 PM ET Company Participants Stacie Clements - The Blueshirt Group, IR Rajeev Goel - Co-Founder and CEO Steve Pantelick - CFO Conference Call Participants Eric Martinuzzi - Lake Street Capital Zach Cummins - B. Riley Simran Biswal - RBC Jacob Armstrong - KeyBanc Andrew Boone - JMP Stacie Clements Good afternoon, everyone, and welcome to PubMatic's Earnings Call for the First Quarter of 2025.
PubMatic, Inc. (PUBM) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to loss of $0.05 per share a year ago.