Liftoff Mobile (NASDAQ:LFTO) Stock Price Target Raised at Royal Bank Of Canada

Liftoff Mobile (NASDAQ:LFTO) had its target price boosted by Royal Bank Of Canada from $35.00 to $38.00 in a research note issued to investors on Friday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other analysts also recently weighed in on the stock. Freedom Capital raised shares of Liftoff Mobile from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research report on Friday. Morgan Stanley reduced their price objective on shares of 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. Tigress Financial increased their price objective on shares of Liftoff Mobile from $39.00 to $41.00 and gave the stock a “buy” rating in a research report on Tuesday, September 1st. Cantor Fitzgerald lowered their target price on shares of Liftoff Mobile from $32.00 to $22.00 and set an “overweight” rating for the company in a research note on Monday, October 19th. Finally, Weiss Ratings lowered shares of Liftoff Mobile from a “sell (d+)” rating to a “sell (d)” rating in a report on Tuesday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Liftoff Mobile currently has an average rating of “Moderate Buy” and a consensus target price of $29.78.

Liftoff Mobile Trading Up 30.6%

Shares of LFTO stock traded up $5.73 during trading hours on Friday, hitting $24.44. 9,559,517 shares of the company’s stock traded hands, compared to its average volume of 739,685. The stock has a market cap of $4.14 billion and a PE ratio of -814.67. Liftoff Mobile has a 12 month low of $13.95 and a 12 month high of $30.10. The firm has a 50 day moving average price of $16.83.

Liftoff Mobile (NASDAQ:LFTO) last issued its quarterly earnings data on Thursday, November 12th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.30. The company had revenue of $237.52 million for the quarter. Equities analysts forecast that Liftoff Mobile will post 0.78 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Liftoff Mobile

Hedge funds and other institutional investors have recently modified their holdings of the company. Boston Partners raised its position 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 worth $23,345,000 after purchasing an additional 766,512 shares during the period. Alyeska Investment Group L.P. acquired a new stake in Liftoff Mobile in the 2nd quarter valued at $14,412,000. State Street Corp acquired a new stake in Liftoff Mobile in the 3rd quarter valued at $5,691,000. HBK Investments L P acquired a new stake in Liftoff Mobile in the 2nd quarter valued at $6,155,000. Finally, Wellington Management Group LLP acquired a new stake in Liftoff Mobile in the 2nd quarter valued at $4,433,000.

Key Liftoff Mobile News

These are some of the LFTO news items that stood out recently:

• 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
• Positive Sentiment: Several analysts raised targets or ratings: Deutsche Bank lifted its target to $32 and maintained Buy; RBC raised its target to $38 with Outperform, while BTIG and Wells Fargo also increased targets. Freedom upgraded LFTO from Hold to Buy. Article: Deutsche Bank raises Liftoff Mobile price target
• 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.