Liftoff Mobile (NASDAQ:LFTO) Stock Gets Price Target Reduction from Barclays

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

Several other brokerages have also issued reports on LFTO. Loop Capital set a $27.00 price objective on Liftoff Mobile in a research report on Friday, October 9th. Tigress Financial upped their target price on shares of Liftoff Mobile from $39.00 to $41.00 and gave the company a “buy” rating in a report on Tuesday, September 1st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $26.00 target price on shares of Liftoff Mobile in a report on Wednesday, October 14th. UBS Group dropped their price objective on Liftoff Mobile from $39.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, October 28th. Finally, Wall Street Zen raised Liftoff Mobile from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat, Liftoff Mobile presently has a consensus rating of “Moderate Buy” and an average target price of $29.17.

Liftoff Mobile Stock Up 22.8%

Liftoff Mobile stock traded up $4.27 during trading hours on Friday, hitting $22.98. The company had a trading volume of 3,153,556 shares, compared to its average volume of 859,157. Liftoff Mobile has a fifty-two week low of $13.95 and a fifty-two week high of $30.10. The company’s fifty day moving average is $16.71. The firm has a market capitalization of $3.89 billion and a price-to-earnings ratio of -766.00.

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

Hedge Funds Weigh In On Liftoff Mobile

Several hedge funds have recently made changes to their positions in the stock. Parkside Financial Bank & Trust purchased a new stake in Liftoff Mobile in the second quarter valued at approximately $30,000. Russell Investments Group Ltd. bought a new stake in shares of Liftoff Mobile in the 3rd quarter worth approximately $27,000. WT Asset Management Ltd bought a new position in shares of Liftoff Mobile during the 2nd quarter valued at $480,000. Legal & General Group Plc bought a new position in shares of Liftoff Mobile during the 2nd quarter valued at $486,000. Finally, Bank of America Corp DE bought a new stake in shares of Liftoff Mobile in the 2nd quarter valued at about $1,282,000.

Trending Headlines about Liftoff Mobile

Here are a few of the latest headlines 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.