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RUBI $8.25

RUBI target price
8.25
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Rubicon Project Inc.
Type
Public
(NYSE: RUBI)
Industry Internet
Computer software
Advertising
Founded Los Angeles, California
(May 1, 2007 (2007-05-01))
Founders Craig Roah, Duc Chau, Frank Addante, Julie Mattern
Headquarters Playa Vista, California, U.S.
Area served
Worldwide
Key people
Frank Addante, Chairman
Michael Barrett, CEO
Website www.rubiconproject.com

Rubicon Project is an online advertising technology firm based in Los Angeles, California.

The company was founded in 2007 by Frank Addante, Craig Roah, Duc Chau and Julie Mattern, who had previously worked together at L90, an online advertising network.

By April 2009, the company had raised $33 million in venture funding led by Clearstone Venture Partners, IDG Ventures Asia and Mayfield Fund. The company also secured $8 million in venture debt from Silicon Valley Bank.

In February 2017, the company released its president and several other top executives.

On March 14, 2017, CEO and founder Frank Addante stepped down from his position to take the role of chairman. The company announced Michael Barrett, previously the chief executive of mobile advertising marketplace Millennial Media and chief revenue officer at Yahoo!, would be the new chief executive.

In September 2009, the company acquired OthersOnline, an audience profiling technology company based in Seattle.

In May 2010, the company bought Site Scout, a malware detection company also based in Seattle.

In October 2010, the company acquired Fox Audience Network from News Corp. in return for a minority stake in the company. It also received $18 million in additional funding led by Peacock Equity, the venture division of NBC Universal.

In May 2012, the company acquired Mobsmith, a mobile technology company.

In August 2012, the company became the top-ranked online advertising company in terms of reach, with a 96.2% audience share, according to rankings provided by ComScore. This placed Rubicon ahead of Google for the first time, and also ahead of other competitors such as AOL and AT&T.

In July 2013, the company expanded its executive ranks with the addition of 10 senior people.

In February 2014, the company filed for an IPO and went public in April 2014 opening at over $20 per share. The stock fell back to about $16 per share later in the month.

In March 2014, the company was named number two on the top Ad Exchange Entities by comScore.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2020 2020-05-06 -0.06 -0.18
Q4 2019 2020-02-26 0.17 0.03
Q3 2019 2019-11-06 -0.02 -0.12
Q2 2019 2019-07-31 -0.06 -0.16
Q1 2019 2019-05-01 -0.14 -0.24
Q4 2018 2019-02-27 0.03 -0.04
Q3 2018 2018-11-07 -0.18 -0.27

Ratings

2016-07-13 Reiterated Rating B. Riley Buy $26.00
2016-07-11 Reiterated Rating Jefferies Group Buy
2016-07-09 Reiterated Rating Cantor Fitzgerald Buy
2016-06-29 Reiterated Rating Citigroup Inc. Buy
2016-06-27 Reiterated Rating Needham & Company LLC Buy
2016-06-22 Reiterated Rating B. Riley Buy $26.00
2016-06-17 Reiterated Rating B. Riley Buy $26.00
2016-06-04 Reiterated Rating Cantor Fitzgerald Buy
2016-05-27 Reiterated Rating Needham & Company LLC Buy $25.00
2016-05-22 Reiterated Rating Cantor Fitzgerald Buy $22.00
2016-05-14 Reiterated Rating Jefferies Group Buy
2016-05-09 Reiterated Rating B. Riley Buy $26.00
2016-05-04 Reiterated Rating RBC Capital Buy $22.00
2016-05-04 Reiterated Rating B. Riley Buy $26.00
2016-05-04 Reiterated Rating Royal Bank Of Canada Buy $22.00
2016-05-02 Reiterated Rating Cantor Fitzgerald Buy
2016-04-12 Initiated Coverage Cantor Fitzgerald Buy
2016-04-11 Initiated Coverage Citigroup Inc. Buy to Buy $26.00
2016-04-04 Reiterated Rating B. Riley Buy $26.00
2016-04-04 Initiated Coverage Cantor Fitzgerald Buy $22.00
2016-03-30 Reiterated Rating B. Riley Buy $26.00
2016-03-20 Reiterated Rating RBC Capital Outperform $22.00
2016-03-18 Reiterated Rating B. Riley Buy $26.00
2016-03-13 Reiterated Rating B. Riley Buy $26.00
2016-03-08 Reiterated Rating B. Riley Buy $26.00
2016-02-28 Reiterated Rating B. Riley Buy $26.00
2016-02-26 Lower Price Target RBC Capital Outperform $26.00 to $22.00
2016-02-26 Lower Price Target Raymond James Outperform $23.00 to $20.00
2016-02-26 Lower Price Target Craig Hallum Buy $22.00
2016-02-26 Lower Price Target Raymond James Financial Inc. Outperform $23.00 to $20.00
2016-02-24 Reiterated Rating Jefferies Group Buy $24.00
2016-02-24 Lower Price Target Oppenheimer Outperform $23.00 to $21.00
2016-02-24 Lower Price Target SunTrust Buy $22.00 to $20.00
2016-02-24 Lower Price Target SunTrust Banks Inc. Buy $22.00 to $20.00
2016-02-24 Lower Price Target Oppenheimer Holdings Inc. Outperform $23.00 to $21.00
2016-02-23 Reiterated Rating B. Riley Buy $26.00
2016-02-20 Reiterated Rating RBC Capital Outperform $26.00 to $22.00
2016-02-08 Lower Price Target Goldman Sachs Neutral $18.00 to $15.00
2016-02-08 Lower Price Target Goldman Sachs Group Inc. Neutral $18.00 to $15.00
2016-02-05 Initiated Coverage Boenning Scattergood Outperform $21.00
2016-01-26 Initiated Coverage Morgan Stanley Equal to Equal Weight $15.00
2016-01-11 Reiterated Rating Jefferies Group Buy $24.00
2015-12-21 Initiated Coverage SunTrust Buy $22.00
2015-12-18 Reiterated Rating RBC Capital Buy $26.00
2015-12-17 Initiated Coverage Jefferies Group Buy $24.00
2015-11-02 Reiterated Rating B. Riley Buy $26.00
2015-10-29 Reiterated Rating RBC Capital Outperform $26.00
2015-10-28 Reiterated Rating B. Riley Buy $26.00
2015-10-23 Reiterated Rating RBC Capital Outperform $26.00
2015-09-20 Reiterated Rating B. Riley Buy $26.00
2015-09-14 Reiterated Rating B. Riley Buy $26.00
2015-09-06 Reiterated Rating B. Riley Buy $26.00
2015-08-31 Reiterated Rating B. Riley Buy $29.00 to $26.00
2015-08-01 Reiterated Rating B. Riley Buy $29.00
2015-07-29 Reiterated Rating Oppenheimer Outperform $26.00
2015-07-26 Reiterated Rating B. Riley Buy $26.00
2015-07-24 Reiterated Rating RBC Capital Outperform $25.00 to $26.00
2015-07-08 Initiated Coverage Craig Hallum Buy $24.00
2015-06-27 Reiterated Rating B. Riley Buy $26.00
2015-06-22 Reiterated Rating B. Riley Buy $26.00
2015-06-12 Reiterated Rating B. Riley Buy $26.00
2015-06-09 Reiterated Rating Needham & Company LLC Buy $25.00
2015-05-09 Reiterated Rating RBC Capital Outperform $24.00 to $25.00
2015-05-06 Reiterated Rating Oppenheimer Outperform $26.00
2015-05-04 Reiterated Rating B. Riley Buy $26.00
2015-05-01 Reiterated Rating RBC Capital Outperform $25.00 to $24.00
2015-04-20 Initiated Coverage Raymond James Outperform $23.00
2015-04-17 Reiterated Rating B. Riley Buy $26.00
2015-04-16 Initiated Coverage Stephens Overweight $27.00
2015-04-08 Reiterated Rating B. Riley Buy $26.00
2015-04-01 Reiterated Rating Oppenheimer Outperform
2015-04-01 Reiterated Rating B. Riley Buy $26.00
2015-03-31 Reiterated Rating RBC Capital Outperform $24.00
2015-03-06 Reiterated Rating B. Riley Buy $26.00
2015-02-27 Reiterated Rating B. Riley Buy $26.00
2015-02-25 Reiterated Rating Oppenheimer Outperform $18.00 to $26.00
2015-02-25 Set Price Target Needham & Company LLC Buy $25.00
2015-02-20 Reiterated Rating B. Riley Buy $21.00
2015-02-19 Reiterated Rating RBC Capital Outperform $16.00 to $24.00
2014-12-19 Reiterated Rating B. Riley Buy $21.00
2014-12-12 Reiterated Rating B. Riley Buy $21.00
2014-10-02 Initiated Coverage B. Riley Buy $15.00
2014-07-30 Lower Price Target RBC Capital $19.00 to $15.00
2014-05-14 Reiterated Rating Goldman Sachs Neutral to Neutral $21.00 to $18.00
2014-05-14 Upgrade Oppenheimer Market Perform to Outperform $19.00 to $18.00
2014-05-14 Upgrade RBC Capital Sector Perform to Outperform $22.00 to $19.00
2014-05-06 Initiated Coverage Oppenheimer Overweight to Sector Perform $27.00 to $19.00
2014-04-28 Initiated Coverage Needham & Company LLC Buy $23.00
2014-04-28 Initiated Coverage Goldman Sachs Neutral $21.00
2014-04-28 Initiated Coverage Morgan Stanley Overweight $27.00
2014-04-28 Initiated Coverage Oppenheimer Overweight to Market Perform $27.00 to $19.00
2014-04-28 Initiated Coverage RBC Capital Sector Perform $22.00
2016-07-13 Reiterated Rating B. Riley Buy $26.00
2016-07-11 Reiterated Rating Jefferies Group Buy
2016-07-09 Reiterated Rating Cantor Fitzgerald Buy
2016-06-29 Reiterated Rating Citigroup Inc. Buy
2016-06-27 Reiterated Rating Needham & Company LLC Buy

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
CLEARSTONE VENTURE PARTNERS III-A LP 15.53%  (5570406) RUBI /
NEWS CORP 13.23%  (4746349) NWSA / RUBI /
ADDANTE FRANK See Remarks 5.01%  (1795969) RUBI /
BARRETT MICHAEL G. President and CEO 4.04%  (1450388) MM / RUBI / TRMR /
Kershaw Thomas Chief Technology Officer 1.41%  (504235) RUBI /
TAPPIN TODD L CFO & COO 1.23%  (441327) RUBI /
RAIFMAN GREGORY R President 1.17%  (420459) NXST / RUBI /
MOHN JARL 0.99%  (355850) RUBI / SNI /
COPPLE BRIAN W GC & Corp Sec. 0.81%  (292137) RUBI /
Soroca Adam Lee Head of Global Buyer Team 0.79%  (284152) RUBI /
Day David Chief Accounting Officer 0.69%  (246217) RUBI /
Prusz Joseph R Global Chief Revenue Officer 0.66%  (237941) RUBI /
Patz Harry Jr Chief Revenue Officer 0.28%  (100000) RUBI /
Tuller Blima Chief Accounting Officer 0.26%  (92559) MRVC / RUBI /
MAYFIELD XII A DELAWARE L P 0.15%  (53815) RUBI /
Spillane Robert F 0.11%  (39632) RUBI /
FRANKENBERG ROBERT J 0.11%  (39632) NUAN / PLCM / RUBI / WAVX /
TROE LISA L 0.10%  (37482) RUBI /
Mandal Sumant 0.09%  (32458) RUBI /
COLEMAN LEWIS W 0.08%  (28849) DWA / IMDZ / RUBI /