Cantor Fitzgerald Reiterates Buy Rating on Liftoff Mobile, Inc. (LFTO)
Cantor Fitzgerald maintains its buy rating on Liftoff Mobile, Inc. with a $33 price target, a 37.39% upside from the current price.
Key Points
- Cantor Fitzgerald reiterated its buy rating on Liftoff Mobile, Inc. (LFTO) with a price target of $33 as of June 29, 2026.
- Cantor Fitzgerald's $33 price target implies 37.39% upside from Liftoff Mobile, Inc.'s ($LFTO) current $24.02 share price.
- Shares of Liftoff Mobile traded near $25.47 on Wednesday, with a market cap of approximately $4.07 billion and a forward P/E of 17.3.
- Several analysts including UBS and Jefferies initiated buy ratings with targets ranging from $30 to $38.
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Cantor Fitzgerald has reiterated its buy rating for Liftoff Mobile, Inc. (NasdaqGS: LFTO) with a price target of $33. This update came on June 29, 2026, as the stock traded around $25.47 on Wednesday.
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Liftoff Mobile, Inc. Stock Up 27.0%
Shares of Liftoff Mobile, Inc. traded near $25.47 on Wednesday. The company, which operates in the advertising agencies sector, has a market cap of approximately $4.07 billion. It boasts a forward P/E ratio of 17.3, reflecting its expected earnings growth. The stock's 52-week range spans from $23.08 to $30.10, with a 50-day and 200-day moving average of $26.03. Liftoff Mobile maintains a current ratio of 1.17 and a quick ratio of 1.11, indicating reasonable liquidity.
$LFTO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Liftoff Mobile reported revenue of $741.4 million, showing a robust growth rate of 37.1%. The company's net margin stands at 3.01%, while its earnings per share (EPS) is $0.13. Investors are watching closely for the next earnings announcement to gauge future performance.
Insider Buying and Selling at Liftoff Mobile, Inc.
On June 5, 2026, General Atlantic (LFT), L.P. and General Atlantic Genpar, L.P. each bought 1,304,347 shares of Liftoff Mobile at an average price of $23. This insider buying activity was not part of a pre-planned trading scheme.
Analysts Set New Price Targets
On June 29, 2026, several analysts set new price targets for Liftoff Mobile. Morgan Stanley initiated coverage with a hold rating and a $30 target. UBS began with a buy rating and a $38 target. Jefferies, RBC Capital, Raymond James, and Barclays all started with buy ratings, setting targets at $34, $35, $32, and $34, respectively. The consensus among analysts is a buy recommendation, with a mean target price of $35.20.
About Liftoff Mobile, Inc.
Liftoff Mobile, Inc. is a technology company specializing in mobile advertising and monetization solutions. Headquartered in Redwood City, California, the company offers a platform called Cortex, which uses advanced neural network technology to optimize ad campaigns. Liftoff Mobile's offerings include DSP for predictive user acquisition and SSP for ad monetization. Founded in 2011, the company is led by CEO Jeremy N. Bondy and employs 652 people.
Bottom Line
Cantor Fitzgerald's reiteration of its buy rating for Liftoff Mobile, Inc. reflects confidence in the company's growth potential. As a leading player in mobile advertising, Liftoff's innovative technology continues to attract attention. Investors should note that these analyst ratings are backward-looking and may not represent future performance.
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