Liftoff Mobile (NASDAQ:LFTO) Price Target Cut to $30.00 by Analysts at Barclays

Liftoff Mobile (NASDAQ:LFTO) had its price objective reduced by research analysts at Barclays from $34.00 to $30.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “overweight” rating on the stock. Barclays‘s target price suggests a potential upside of 30.55% from the stock’s current price.

Other equities research analysts have also issued reports about the company. Wall Street Zen raised Liftoff Mobile from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Cannonball Research raised Liftoff Mobile to a “hold” rating in a research note on Saturday, September 5th. Wells Fargo & Company cut their price target on shares of Liftoff Mobile from $34.00 to $21.00 and set an “overweight” rating for the company in a report on Wednesday, October 28th. Morgan Stanley decreased their price target on Liftoff Mobile from $30.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 13th. Finally, Tigress Financial upped their target price on shares of Liftoff Mobile from $39.00 to $41.00 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. One 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 issued a Sell rating to the company’s stock. According to MarketBeat, Liftoff Mobile presently has an average rating of “Moderate Buy” and a consensus target price of $29.17.

Liftoff Mobile Trading Up 22.8%

Shares of NASDAQ LFTO traded up $4.27 on Friday, reaching $22.98. 3,153,556 shares of the company’s stock traded hands, compared to its average volume of 859,157. The company has a 50 day moving average of $16.71. Liftoff Mobile has a 12 month low of $13.95 and a 12 month high of $30.10. The stock has a market cap of $3.89 billion and a P/E ratio of -766.00.

Liftoff Mobile (NASDAQ:LFTO) last announced 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 company had revenue of $237.52 million for the quarter. Analysts expect that Liftoff Mobile will post 0.78 earnings per share for the current year.

Institutional Trading of Liftoff Mobile

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

Latest Liftoff Mobile News

Here’s some of the latest news about LFTO:

• Positive Sentiment: Third-quarter EPS was $0.47, versus the $0.17 consensus estimate, on revenue of $237.52 million. Liftoff also swung to a quarterly profit, with margin expansion highlighted as a key strength. Liftoff Mobile Q3 results Margin expansion analysis
• Positive Sentiment: Fourth-quarter revenue guidance of $244 million–$249 million is above the $232.3 million consensus. Full-year 2026 revenue guidance of $907 million–$912 million also tops the $879 million estimate. Fourth-quarter revenue outlook
• Positive Sentiment: BTIG Research raised its price target to $31 and maintained a Buy rating; Freedom Broker upgraded LFTO to Buy with a $27 target. These moves signal improved analyst sentiment. BTIG Research ratings Freedom Broker ratings

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.