Liftoff Mobile (NASDAQ:LFTO) Upgraded to “Buy” at Freedom Broker

Liftoff Mobile (NASDAQ:LFTO) was upgraded by research analysts at Freedom Broker from a “hold” rating to a “buy” rating in a report released on Friday, MarketBeat reports. The brokerage presently has a $27.00 price target on the stock. Freedom Broker‘s target price suggests a potential upside of 44.31% from the company’s previous close.

Several other research analysts have also recently issued reports on the stock. Cannonball Research upgraded shares of Liftoff Mobile to a “hold” rating in a report on Saturday, September 5th. Morgan Stanley decreased their price target on Liftoff Mobile from $30.00 to $20.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Tigress Financial boosted their price objective on Liftoff Mobile from $39.00 to $41.00 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. Freedom Capital raised Liftoff Mobile from a “hold” rating to a “buy” rating and set a $27.00 target price for the company in a research note on Friday. Finally, UBS Group lowered their target price on Liftoff Mobile from $39.00 to $25.00 and set a “buy” rating on the stock in a report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.22.

Liftoff Mobile Price Performance

Shares of LFTO opened at $18.71 on Friday. The firm has a market capitalization of $3.17 billion and a price-to-earnings ratio of -623.67. Liftoff Mobile has a one year low of $13.95 and a one year high of $30.10. The company’s fifty day simple moving average is $16.71.

Liftoff Mobile (NASDAQ:LFTO) last announced its earnings results 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 during the quarter. On average, research analysts expect that Liftoff Mobile will post 0.78 earnings per share for the current fiscal year.

Institutional Trading of Liftoff Mobile

A number of large investors have recently added to or reduced their stakes in LFTO. Parkside Financial Bank & Trust bought a new position in shares of Liftoff Mobile in the second quarter valued at $30,000. Russell Investments Group Ltd. acquired a new position in shares of Liftoff Mobile in the 3rd quarter worth $27,000. WT Asset Management Ltd acquired a new position in shares of Liftoff Mobile in the 2nd quarter worth $480,000. Legal & General Group Plc acquired a new stake in shares of Liftoff Mobile during the second quarter worth $486,000. Finally, Bank of America Corp DE acquired a new stake in shares of Liftoff Mobile during the second quarter worth $1,282,000.

Top Liftoff Mobile Stories

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

• Positive Sentiment: Q3 EPS was $0.47, topping the $0.17 consensus estimate, on revenue of $237.52 million. Coverage highlighted margin expansion, and shares gained after hours following the results. Liftoff Mobile Swings to Q3 Profit as Revenue Rises; Shares Gain After Hours
• Positive Sentiment: Management forecast Q4 revenue of $244–$249 million, above the $232.3 million consensus estimate. Its FY2026 revenue outlook of $907–$912 million also exceeded the $879 million consensus, signaling stronger expected growth. Liftoff Mobile Q4 Revenue Guidance
• Positive Sentiment: Freedom Capital upgraded LFTO from “hold” to “buy” and set a $27 price target, equivalent to 44.3% upside from the cited $18.71 price. Freedom Capital Stock Recommendations

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.