Liftoff Mobile (NASDAQ:LFTO) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Posted by Stanley Muller on Nov 7th, 2026

Liftoff Mobile, Inc. (NASDAQ:LFTO – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $16.74 and traded as high as $17.32. Liftoff Mobile shares last traded at $17.15, with a volume of 1,072,496 shares changing hands.

Analyst Ratings Changes

A number of research firms have issued reports on LFTO. The Goldman Sachs Group restated a “buy” rating and issued a $26.00 price objective on shares of Liftoff Mobile in a research report on Wednesday, October 14th. Piper Sandler initiated coverage on shares of Liftoff Mobile in a report on Tuesday, September 22nd. They set a “neutral” rating and a $19.00 target price for the company. Wall Street Zen upgraded shares of Liftoff Mobile from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Weiss Ratings cut Liftoff Mobile from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, October 13th. Finally, Wedbush began coverage on Liftoff Mobile in a research note on Tuesday, October 27th. They issued an “outperform” rating and a $25.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Liftoff Mobile currently has a consensus rating of “Moderate Buy” and an average target price of $29.25.

Check Out Our Latest Research Report on LFTO

Liftoff Mobile Price Performance

The company’s fifty day moving average is $16.73.

Liftoff Mobile (NASDAQ:LFTO – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The company reported ($0.03) EPS for the quarter, topping analysts’ consensus estimates of ($0.52) by $0.49. The business had revenue of $219.51 million during the quarter. On average, equities analysts forecast that Liftoff Mobile, Inc. will post 0.78 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Liftoff Mobile

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

Liftoff Mobile Company Profile

(Get Free Report)

Liftoff Mobile, Inc is a global mobile app growth and monetization company that helps advertisers acquire, engage and retain users. Its technology uses machine learning, first-party data and automated optimization to support performance marketing campaigns across mobile applications and digital channels.

The company provides solutions for app advertisers, including user acquisition, retargeting, creative production and campaign measurement. Liftoff also serves publishers and app developers through advertising monetization products, helping them sell in-app inventory and generate revenue from their audiences.