Liftoff Mobile (NASDAQ:LFTO - Get Free Report) had its target price hoisted by analysts at BTIG Research from $27.00 to $31.00 in a research note issued on Friday, Benzinga reports. The firm currently has a "buy" rating on the stock. BTIG Research's price objective indicates a potential upside of 65.69% from the company's current price.
A number of other research firms also recently issued reports on LFTO. Freedom Broker raised shares of Liftoff Mobile from a "hold" rating to a "buy" rating and set a $27.00 price objective on the stock in a report on Friday. Wedbush started coverage on shares of Liftoff Mobile in a research report on Tuesday, October 27th. They set an "outperform" rating and a $25.00 target price for the company. Piper Sandler began coverage on shares of Liftoff Mobile in a report on Tuesday, September 22nd. They set a "neutral" rating and a $19.00 target price for the company. Morgan Stanley decreased their price target on shares of Liftoff Mobile from $30.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 13th. Finally, UBS Group decreased their price target 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. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Liftoff Mobile presently has a consensus rating of "Moderate Buy" and an average target price of $29.22.
Read Our Latest Stock Analysis on Liftoff Mobile
Liftoff Mobile Price Performance
Shares of NASDAQ:LFTO opened at $18.71 on Friday. The stock has a market capitalization of $3.17 billion and a PE ratio of -623.67. The stock has a 50-day moving average price of $16.71. Liftoff Mobile has a 52-week low of $13.95 and a 52-week high of $30.10.
Liftoff Mobile (NASDAQ:LFTO - Get Free Report) last released its quarterly earnings results on Thursday, November 12th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.30. The firm had revenue of $237.52 million for the quarter. As a group, equities analysts forecast that Liftoff Mobile will post 0.78 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in LFTO. Parkside Financial Bank & Trust bought a new position in shares of Liftoff Mobile in the second quarter worth about $30,000. Russell Investments Group Ltd. purchased a new position in shares of Liftoff Mobile during the 3rd quarter valued at about $27,000. WT Asset Management Ltd bought a new position in shares of Liftoff Mobile during the 2nd quarter valued at approximately $480,000. Legal & General Group Plc bought a new position in shares of Liftoff Mobile during the 2nd quarter valued at approximately $486,000. Finally, Bank of America Corp DE bought a new stake in Liftoff Mobile during the 2nd quarter worth approximately $1,282,000.
Key Stories Impacting Liftoff Mobile
These are some of the LFTO stories that stood out recently:
- Positive Sentiment: Q3 EPS was $0.47, topping the $0.17 consensus estimate, on revenue of $237.52 million. Coverage highlighted margin expansion, and shares gained after hours following the results. Liftoff Mobile Swings to Q3 Profit as Revenue Rises; Shares Gain After Hours
- Positive Sentiment: Management forecast Q4 revenue of $244–$249 million, above the $232.3 million consensus estimate. Its FY2026 revenue outlook of $907–$912 million also exceeded the $879 million consensus, signaling stronger expected growth. Liftoff Mobile Q4 Revenue Guidance
- Positive Sentiment: Freedom Capital upgraded LFTO from “hold” to “buy” and set a $27 price target, equivalent to 44.3% upside from the cited $18.71 price. Freedom Capital Stock Recommendations
Liftoff Mobile Company Profile
(
Get Free Report)
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.
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