PubMatic Q1 Forecast: $60.4M Revenue and -$0.33 EPS
PUBM•PubMatic will report Q1 2026 results on May 7 with consensus revenue of $60.4 million and EPS of -$0.33. Analysts have raised full-year 2026 revenue estimates by 3.3% to $289.05 million and boosted 2027 EPS forecasts by 58% to -$0.30, and average price targets imply 18% upside.
1. Q1 2026 Earnings Forecast
PubMatic is scheduled to release Q1 2026 results on May 7, with analysts projecting $60.4 million in revenue and a loss of $0.33 per share. These figures will be the first post-pandemic quarterly comparison and set the tone for market expectations this year.
2. Estimate Revisions Track Record
Over the past 90 days, full-year 2026 revenue estimates climbed from $279.88 million to $289.05 million, while 2027 EPS forecasts improved from -$0.71 to -$0.30 per share. Upward revisions reflect stronger ad demand and improved monetization trends in programmatic advertising.
3. Q4 2025 Beat Performance
In Q4 2025, PubMatic reported $80.05 million in revenue, beating the $75.29 million consensus by 6.3%, and delivered $0.14 EPS versus an expected -$0.01, driving a 14.6% one-day stock jump. This momentum provides a backdrop for investor confidence ahead of the Q1 release.
4. Analyst Price Targets and Ratings
Based on 10 analyst forecasts, the average one-year price target stands at $11.88 with an $8.00 low and $21.00 high, implying 18% upside. Brokerages hold a 2.2 average recommendation rating, indicating an 'Outperform' consensus view.
