Goldman Sachs Rates Liftoff Mobile (LFTO) buy, $40 Price Target
Goldman Sachs continues to support Liftoff Mobile, setting a price target of $40, a 66.53% upside from the current price.
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Goldman Sachs rated Liftoff Mobile, Inc. ($LFTO) "buy" with a $40 price target on June 29, 2026.
Since the rating, $LFTO is down 8.9% after 1 week, down 12.7% after 1 month and down 35.2% to date (from the $25.47 close on Jun 29, 2026).
LFTO
Liftoff Mobile, Inc.
Key Points
- Goldman Sachs reiterated its buy rating on Liftoff Mobile, Inc. with a target of $40 on June 29, 2026.
- Liftoff Mobile's stock was priced at $24.02 when the analyst call was made, showing potential upside based on the new target.
- The company's market cap stands at about $2.99 billion, with a price-to-earnings ratio of approximately 84.05.
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Goldman Sachs has reiterated its buy rating on Liftoff Mobile, Inc. (LFTO) with a price target of $40. This rating reflects their positive outlook on the company as of June 29, 2026. At the time of the report, Liftoff's shares were trading at $24.02, suggesting substantial upside potential based on the set target.
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Other Institutional Activity in Liftoff Mobile
Several institutional investors have been active in Liftoff Mobile. Blackstone Inc. holds approximately 83.8 million shares worth about $1.39 billion. General Atlantic, L.P. owns around 25.3 million shares valued at approximately $418.6 million. Citadel Advisors LLC has about 1.7 million shares, valued at about $28.1 million, while ClearBridge Investments, LLC holds about 1.5 million shares worth around $25.3 million. Lastly, Schonfeld Strategic Advisors LLC owns approximately 1.5 million shares valued at about $24.6 million.
Liftoff Mobile, Inc. Stock Up 46.6%
The stock is currently priced at $24.02, which is significantly above its 52-week low of $16.17 but below its high of $30.10. This positions Liftoff Mobile in a middle range, as it has seen both strong growth and significant fluctuations over the past year.
$LFTO price target
Liftoff Mobile, Inc. daily closes and this analyst's $40 target. Not advice.
Recent Earnings
In its latest financial report, Liftoff Mobile posted revenue of approximately $798.8 million, reflecting a revenue growth of about 35.4%. The company's earnings per share (EPS) stood at $0.21, indicating a net margin of 5.2%. The next earnings report is scheduled for November 11, 2026.
Insider Buying and Selling at Liftoff Mobile, Inc.
On June 5, 2026, General Atlantic Genpar, L.P., a Director and Beneficial Owner, bought 1,304,347 shares at an average price of $23.00, totaling approximately $30 million. This insider buying suggests confidence in the company's future prospects.
Analysts Set New Price Targets
On October 13, 2026, Morgan Stanley maintained an Equal-Weight rating with a target of $20, down from $30. BTIG also maintained a Buy rating but reduced its target to $27 from $35 on October 9, 2026. Meanwhile, Tigress Financial raised its target to $41 from $39 on September 2, 2026, maintaining a Buy rating.
About Liftoff Mobile
Liftoff Mobile, Inc. is a provider of mobile advertising and performance marketing solutions. Their platform, Cortex, utilizes neural network technology to optimize advertising performance across various regions, including the U.S., Europe, and Asia. The company's focus on innovative advertising solutions helps it stand out in a competitive industry.
Bottom Line
Investors should keep an eye on Liftoff Mobile's next earnings report on November 11, 2026, and watch for further analyst ratings or changes in institutional holdings. Goldman Sachs' reiteration of a buy rating reflects a strong confidence in the company's potential, though the 13F filing is backward-looking and may not represent current positions.
Related Filing Alerts
Source: Goldman Sachs's rating change on $LFTO (Jun 29, 2026). Written by software, not financial advice. How we make alerts