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PubMatic Files Lawsuit Against Google for Antitrust Violations

Story Highlights
  • PubMatic filed a lawsuit against Google for monopolistic behavior in digital advertising.
  • The lawsuit poses risks for PubMatic, including potential retaliatory actions by Google.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PubMatic Files Lawsuit Against Google for Antitrust Violations

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PubMatic ( (PUBM) ) has provided an announcement.

On September 8, 2025, PubMatic filed a lawsuit against Google in the U.S. District Court for the Eastern District of Virginia, seeking financial damages and injunctive relief for Google’s alleged monopolistic and anticompetitive behavior in the publisher ad server and ad exchange markets. This legal action follows an April 2025 ruling against Google by the U.S. Department of Justice, which found Google engaged in anticompetitive practices. The lawsuit aims to hold Google accountable and restore fair competition in the digital advertising industry, but it also presents risks for PubMatic, including potential retaliatory actions by Google that could impact PubMatic’s operations and financial condition.

The most recent analyst rating on (PUBM) stock is a Buy with a $17.00 price target. To see the full list of analyst forecasts on PubMatic stock, see the PUBM Stock Forecast page.

Spark’s Take on PUBM Stock

According to Spark, TipRanks’ AI Analyst, PUBM is a Neutral.

PubMatic’s overall stock score reflects a mixed outlook. The company’s strong cash flow and strategic focus on high-growth areas like CTV and AI are positive, but profitability challenges and bearish technical indicators weigh heavily. The earnings call provided a balanced view of opportunities and risks, with notable growth in emerging revenue streams. Valuation concerns due to a negative P/E ratio further impact the score.

To see Spark’s full report on PUBM stock, click here.

More about PubMatic

PubMatic is an independent technology company that focuses on maximizing customer value by delivering digital advertising’s supply chain of the future. Its sell-side platform empowers leading digital content creators across the open internet to control inventory access and increase monetization. Since 2006, PubMatic has been known for its infrastructure-driven approach, enabling efficient real-time data processing and programmatic innovation to improve outcomes for its customers.

Average Trading Volume: 657,294

Technical Sentiment Signal: Sell

Current Market Cap: $382.7M

See more insights into PUBM stock on TipRanks’ Stock Analysis page.

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