Liftoff Mobile (NASDAQ:LFTO) Stock Price Down 5.8% – Here’s Why

Posted by Brenda Bartman on Sep 18th, 2026

Liftoff Mobile, Inc. (NASDAQ:LFTO – Get Free Report)’s share price was down 5.8% during mid-day trading on Friday . The company traded as low as $16.40 and last traded at $16.41. 754,310 shares changed hands during trading, a decline of 10% from the average session volume of 835,931 shares. The stock had previously closed at $17.42.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on LFTO. Raymond James Financial reiterated an “outperform” rating and set a $33.00 target price on shares of Liftoff Mobile in a research report on Thursday, August 13th. Weiss Ratings upgraded shares of Liftoff Mobile from a “sell (e)” rating to a “sell (d)” rating in a report on Monday. BTIG Research reaffirmed a “buy” rating and issued a $35.00 price target on shares of Liftoff Mobile in a research note on Thursday, August 13th. Freedom Broker upgraded shares of Liftoff Mobile to a “hold” rating in a report on Thursday, September 10th. Finally, Royal Bank Of Canada initiated coverage on Liftoff Mobile in a research note on Monday, June 29th. They issued an “outperform” rating and a $35.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.85.

Check Out Our Latest Analysis on Liftoff Mobile

Liftoff Mobile Stock Down 5.6%

The stock’s 50 day simple moving average is $21.03.

Liftoff Mobile (NASDAQ:LFTO – Get Free Report) last announced its earnings results on Wednesday, August 12th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.52) by $0.49. The firm had revenue of $219.51 million during the quarter. Equities analysts forecast that Liftoff Mobile, Inc. will post 0.7 EPS for the current year.

Hedge Funds Weigh In On Liftoff Mobile

Hedge funds have recently modified their holdings of the company. Alyeska Investment Group L.P. bought a new position in shares of Liftoff Mobile in the second quarter valued at approximately $14,412,000. HBK Investments L P bought a new stake in Liftoff Mobile during the second quarter worth $6,155,000. Wellington Management Group LLP purchased a new position in Liftoff Mobile in the second quarter worth $4,433,000. Readystate Asset Management LP purchased a new stake in shares of Liftoff Mobile during the 2nd quarter valued at $1,677,000. Finally, Bank of America Corp DE bought a new stake in shares of Liftoff Mobile in the 2nd quarter worth approximately $1,282,000.

About Liftoff Mobile

(Get Free Report)

Liftoff Mobile, Inc is a mobile technology company that provides software and services designed to help app developers and advertisers acquire, engage and monetize users. Its platform uses data-driven advertising and machine-learning tools to support user acquisition, retargeting, campaign optimization and creative testing across mobile applications.

The company also serves mobile publishers by offering advertising monetization solutions, including tools for managing and optimizing in-app ad inventory.