Analysts Have Conflicting Sentiments on These Technology Companies: PubMatic (NASDAQ: PUBM) and ON24 (NYSE: ONTF)We found the quarter to be mixed with higher revenues and profitability, but management noted several deals slipped from 3Q into 4Q, driving a weaker than modeled 3Q ARR estimate. However, 4Q guidance suggests the company could return to ARR growth in 4Q as previously communicated but if not achieved, the current bookings trajectory suggests to us 2Q26 could be that first positive ARR growth quarter considering 1Q has light seasonality. If a corporate sale is communicated, we believe 1.0x FY26 revenues or ~$7.50/share is likely appropriate given an uncertain intermediate term revenue growth outlook.