Liftoff Mobile (NASDAQ:LFTO) Stock Price Target Raised at Piper Sandler

Liftoff Mobile (NASDAQ:LFTO) had its price target raised by investment analysts at Piper Sandler from $19.00 to $24.00 in a note issued to investors on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler‘s price objective would indicate a potential upside of 4.12% from the stock’s current price.

Other research analysts also recently issued reports about the stock. UBS Group dropped their target price on shares of Liftoff Mobile from $39.00 to $25.00 and set a “buy” rating on the stock in a research report on Wednesday, October 28th. Wedbush assumed coverage on shares of Liftoff Mobile in a research report on Tuesday, October 27th. They issued an “outperform” rating and a $25.00 price target for the company. Barclays decreased their price objective on shares of Liftoff Mobile from $34.00 to $30.00 and set an “overweight” rating for the company in a research note on Friday. Cantor Fitzgerald lowered their price objective on shares of Liftoff Mobile from $32.00 to $22.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $26.00 price objective on shares of Liftoff Mobile in a research report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.44.

Liftoff Mobile Price Performance

Shares of LFTO traded up $4.34 during mid-day trading on Friday, hitting $23.05. The company’s stock had a trading volume of 3,506,649 shares, compared to its average volume of 865,648. The company has a 50-day moving average of $16.71. Liftoff Mobile has a fifty-two week low of $13.95 and a fifty-two week high of $30.10. The company has a market cap of $3.90 billion and a PE ratio of -768.33.

Liftoff Mobile (NASDAQ:LFTO) last announced its earnings results on Thursday, November 12th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.17 by $0.30. The company had revenue of $237.52 million for the quarter. Equities research analysts forecast that Liftoff Mobile will post 0.78 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parkside Financial Bank & Trust acquired a new position in Liftoff Mobile in the 2nd quarter valued at approximately $30,000. Russell Investments Group Ltd. purchased a new stake in shares of Liftoff Mobile during the third quarter worth $27,000. WT Asset Management Ltd purchased a new stake in shares of Liftoff Mobile during the second quarter worth $480,000. Legal & General Group Plc acquired a new stake in Liftoff Mobile during the second quarter valued at $486,000. Finally, Bank of America Corp DE acquired a new stake in Liftoff Mobile during the second quarter valued at $1,282,000.

Liftoff Mobile News Roundup

Here’s some of the latest news about LFTO:

• Positive Sentiment: Liftoff reported third-quarter EPS of $0.47, topping the $0.17 consensus estimate, on revenue of $237.52 million. Reports also noted the company swung to a profit as revenue increased. Liftoff Mobile Announces Third Quarter 2026 Financial Results
• Positive Sentiment: Guidance came in above analyst expectations: Liftoff forecast fourth-quarter revenue of $244 million–$249 million versus a $232.3 million consensus, and full-year 2026 revenue of $907 million–$912 million versus $879 million expected. Fourth-quarter revenue outlook
• Positive Sentiment: Analyst actions were broadly supportive: RBC raised its target to $38 and maintained an “outperform” rating; BTIG lifted its target to $31 with a “buy” rating; and Freedom Broker upgraded the stock to “buy” with a $27 target. RBC rating information

About Liftoff Mobile

Liftoff Mobile provides marketing and monetization technology for mobile apps. Its platform helps app developers and publishers attract users, promote engagement and generate revenue through in-app advertising. The company’s services include user acquisition campaigns, advertising creative tools, audience targeting and optimization, and monetization solutions that connect app publishers with advertisers. Liftoff uses data and machine-learning technology to help clients manage and improve campaign performance across mobile platforms.