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

Key Points

• Piper Sandler raised its Liftoff Mobile price target from $19 to $24 while maintaining a neutral rating, implying 4.12% upside from the prior close.
• Liftoff reported quarterly EPS of $0.47, beating the $0.17 analyst consensus; revenue was $237.52 million.
• Analysts’ consensus rating is “Moderate Buy,” with an average price target of $29.44. The company’s revenue guidance also topped expectations, including a $244 million–$249 million fourth-quarter outlook.

Liftoff Mobile (NASDAQ:LFTO - Get Free Report) had its price objective lifted by analysts at Piper Sandler from $19.00 to $24.00 in a report issued on Friday, Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Piper Sandler's price target would suggest a potential upside of 4.12% from the stock's previous close.

A number of other equities research analysts have also weighed in on LFTO. UBS Group lowered their price target on shares of Liftoff Mobile from $39.00 to $25.00 and set a "buy" rating for the company in a report on Wednesday, October 28th. Raymond James Financial reiterated an "outperform" rating and issued a $33.00 price objective on shares of Liftoff Mobile in a report on Thursday, August 13th. Weiss Ratings cut shares of Liftoff Mobile from a "sell (d+)" rating to a "sell (d)" rating in a research report on Tuesday, October 13th. Morgan Stanley decreased their price objective on shares of Liftoff Mobile from $30.00 to $20.00 and set an "equal weight" rating for the company in a research report on Tuesday, October 13th. Finally, Wall Street Zen upgraded Liftoff Mobile from a "hold" rating to a "buy" rating in a research note on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $29.44.

Liftoff Mobile Stock Performance

NASDAQ:LFTO traded up $4.34 during trading hours on Friday, hitting $23.05. The stock had a trading volume of 3,506,649 shares, compared to its average volume of 865,648. Liftoff Mobile has a 1-year low of $13.95 and a 1-year high of $30.10. The firm has a 50 day simple moving average of $16.71. The company has a market capitalization of $3.90 billion and a P/E ratio of -768.33.

Liftoff Mobile (NASDAQ:LFTO - Get Free Report) last posted its quarterly earnings data 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 research analysts expect that Liftoff Mobile will post 0.78 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Boston Partners increased its holdings in shares of Liftoff Mobile by 107.4% during the third quarter. Boston Partners now owns 1,480,509 shares of the company's stock valued at $23,345,000 after purchasing an additional 766,512 shares during the period. Alyeska Investment Group L.P. bought a new position in Liftoff Mobile in the 2nd quarter valued at about $14,412,000. State Street Corp acquired a new position in Liftoff Mobile during the 3rd quarter valued at about $5,691,000. HBK Investments L P acquired a new position in Liftoff Mobile during the 2nd quarter valued at about $6,155,000. Finally, Wellington Management Group LLP acquired a new position in Liftoff Mobile during the 2nd quarter valued at about $4,433,000.

Trending Headlines about Liftoff Mobile

Here are a few of the latest headlines about LFTO:

• 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
• Neutral Sentiment: Barclays lowered its price target from $34 to $30 but kept its “overweight” rating, indicating continued optimism alongside a more cautious valuation view. Barclays 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.

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