Liftoff Mobile (NASDAQ:LFTO) Stock Gets Price Target Increase from Piper Sandler

Liftoff Mobile (NASDAQ:LFTO) had its price target hoisted by equities research analysts at Piper Sandler from $19.00 to $24.00 in a research note issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler‘s price objective indicates a potential downside of 1.80% from the company’s previous close.

LFTO has been the subject of several other research reports. Wedbush started coverage on shares of Liftoff Mobile in a report on Tuesday, October 27th. They issued an “outperform” rating and a $25.00 price target for the company. Cantor Fitzgerald reduced their price target on Liftoff Mobile from $32.00 to $22.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Cannonball Research upgraded Liftoff Mobile to a “hold” rating in a research note on Saturday, September 5th. Freedom Broker raised Liftoff Mobile from a “hold” rating to a “buy” rating and set a $27.00 price objective on the stock in a research report on Friday. Finally, Royal Bank Of Canada raised their price objective on Liftoff Mobile from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.78.

Liftoff Mobile Trading Up 30.6%

Shares of NASDAQ LFTO traded up $5.73 during trading hours on Friday, reaching $24.44. The stock had a trading volume of 9,559,517 shares, compared to its average volume of 739,685. Liftoff Mobile has a 52-week low of $13.95 and a 52-week high of $30.10. The firm has a market cap of $4.14 billion and a price-to-earnings ratio of -814.67. The company has a fifty day moving average price of $16.83.

Liftoff Mobile (NASDAQ:LFTO) last released its quarterly earnings data on Thursday, November 12th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.17 by $0.30. The firm had revenue of $237.52 million for the quarter. As a group, equities research analysts anticipate that Liftoff Mobile will post 0.78 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Boston Partners raised its stake in shares of Liftoff Mobile by 107.4% in the third quarter. Boston Partners now owns 1,480,509 shares of the company’s stock worth $23,345,000 after purchasing an additional 766,512 shares during the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Liftoff Mobile during the second quarter worth about $14,412,000. HBK Investments L P acquired a new stake in shares of Liftoff Mobile during the second quarter worth about $6,155,000. State Street Corp acquired a new stake in shares of Liftoff Mobile during the third quarter worth about $5,691,000. Finally, Wellington Management Group LLP purchased a new stake in Liftoff Mobile in the second quarter valued at approximately $4,433,000.

Key Headlines Impacting Liftoff Mobile

These are some of the LFTO headlines that stood out recently:

• Positive Sentiment: Q3 results topped estimates: Liftoff reported adjusted earnings of $0.47 per share, versus the $0.17 consensus, on revenue of $237.52 million. Coverage also pointed to AI-driven advertising growth and margin expansion as important drivers. Article: Why Is Liftoff Mobile Stock Skyrocketing Friday?
• Positive Sentiment: 2026 guidance exceeded expectations: The company forecast full-year revenue of $907 million–$912 million, above analysts’ $879 million estimate, and Q4 revenue of $244 million–$249 million, above the $232.3 million consensus. Article: Liftoff Mobile Q4 revenue outlook
• Neutral Sentiment: Analyst views remain mixed: Piper Sandler raised its target to $24 but kept a Neutral rating, while Barclays cut its target to $30 but retained Overweight. Article: Liftoff Mobile fair value and analyst targets

Liftoff Mobile Company Profile

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.