Reported about 13 hours ago
PubMatic's stock has plummeted significantly over recent years, but its underlying growth indicates potential value. Despite a 4% decline in revenue and a net loss reported for the first quarter, elements such as strong growth in ad impressions, a new AI-driven buying platform, and efficient cost management suggest that the company is on an upward trajectory. The stock, currently trading at about 16 times its average annual free cash flow, appears undervalued, making it an attractive option amidst economic uncertainties in the advertising sector.
Source: YAHOO