Liftoff Mobile (NASDAQ:LFTO) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says

Liftoff Mobile (NASDAQ:LFTO) had its price objective raised by equities researchers at Royal Bank Of Canada from $35.00 to $38.00 in a research report issued on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada‘s price target would suggest a potential upside of 65.36% from the company’s previous close.

LFTO has been the subject of a number of other reports. UBS Group cut their target price on Liftoff Mobile from $39.00 to $25.00 and set a “buy” rating for the company in a research report on Wednesday, October 28th. Morgan Stanley decreased their price objective on Liftoff Mobile from $30.00 to $20.00 and set an “equal weight” rating for the company in a report on Tuesday, October 13th. Cannonball Research raised Liftoff Mobile to a “hold” rating in a research report on Saturday, September 5th. Wedbush initiated coverage on shares of Liftoff Mobile in a research report on Tuesday, October 27th. They set an “outperform” rating and a $25.00 price objective on the stock. Finally, Wells Fargo & Company decreased their price target on Liftoff Mobile from $34.00 to $21.00 and set an “overweight” rating for the company in a report on Wednesday, October 28th. One equities research 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $29.17.

Liftoff Mobile Stock Performance

NASDAQ:LFTO traded up $4.27 during trading hours on Friday, hitting $22.98. The stock had a trading volume of 3,153,556 shares, compared to its average volume of 859,157. Liftoff Mobile has a one year low of $13.95 and a one year high of $30.10. The firm has a 50 day moving average price of $16.71. The stock has a market cap of $3.89 billion and a P/E ratio of -766.00.

Liftoff Mobile (NASDAQ:LFTO) last issued its quarterly earnings results on Thursday, November 12th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.30. The firm had revenue of $237.52 million during the quarter. As a group, sell-side analysts expect that Liftoff Mobile will post 0.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Liftoff Mobile

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

Top Liftoff Mobile Stories

Here are a few of the latest stories 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.