Jefferies Rates Liftoff Mobile (LFTO) buy, $34 Price Target
Jefferies has reiterated its buy rating for Liftoff Mobile, Inc. with a price target of $34.00 as of June 29, 2026, a 41.55% upside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
Jefferies rated Liftoff Mobile, Inc. ($LFTO) "buy" with a $34 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
- Jefferies has reiterated its buy rating for Liftoff Mobile, Inc. with a target price of $34.00 on June 29, 2026.
- Jefferies's $34 price target implies 41.55% upside from Liftoff Mobile, Inc.'s ($LFTO) current $24.02 share price.
- Shares of Liftoff Mobile are trading at $24.02, significantly below its 52-week high of $30.10.
- Analysts have mixed views, with recent ratings showing targets ranging from $18.00 to $42.00.
Get $LFTO trade alerts by text
We text you when insiders, Congress or big funds trade $LFTO. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Liftoff Mobile, Inc. alert may contain errors. Disclosures
Jefferies Maintains Buy Rating
On June 29, 2026, Jefferies reiterated its buy rating for Liftoff Mobile, Inc. (LFTO) on the NasdaqGS, setting a target price of $34.00. The stock was trading at $24.02 at the time of the announcement.
Jefferies vs. the S&P 500
Hypothetical returns from Jefferies's disclosed trades, not real profit or advice. How we model this.
Analysts Set New Price Targets
Jefferies' decision comes as Liftoff Mobile continues to show promise in the mobile advertising space. The company's recent performance and growth in revenue have likely influenced this positive outlook. The last closing price was $16.39, indicating a strong potential upside if the stock reaches Jefferies' target.
Other Institutional Ratings
Several other firms have also weighed in on Liftoff Mobile. On June 29, 2026, BTIG maintained a buy rating with a target of $35.00, while Needham also reiterated a buy with a target of $42.00. These consistent ratings from multiple analysts suggest that the market sees value in Liftoff Mobile despite varying opinions on the future performance of the stock.
Stock Performance Context
The stock is currently trading at $24.02, which is below its 52-week high of $30.10. This positioning may indicate that investors see the stock as undervalued, especially with a potential upside to Jefferies' target of $34.00. The stock has shown volatility, trading between its 52-week low of $16.17 and high of $30.10.
$LFTO price target
Liftoff Mobile, Inc. daily closes and this analyst's $34 target. Not advice.
Recent Earnings
Liftoff Mobile, Inc. reported revenue of approximately $798.8 million, showing a revenue growth of 35.4% year-over-year. The next earnings report is scheduled for November 11, 2026, which could provide further insights into the company's performance.
What Liftoff Mobile, Inc. Does
Liftoff Mobile, Inc. specializes in mobile advertising and performance marketing solutions. With a strong presence in multiple regions, including the U.S., Europe, and Asia, the company continues to innovate with its Cortex platform, which uses advanced technology to enhance advertising performance.
What’s Next for Liftoff Mobile
Investors will be closely watching Liftoff Mobile's next earnings report on November 11, 2026. The company’s performance in the upcoming quarter will be critical in determining if the stock can reach the targets set by analysts. Keep in mind that the information from Jefferies reflects holdings as of the reporting period and may not represent their current position.
Related Filing Alerts
Source: Jefferies's rating change on $LFTO (Jun 29, 2026). Written by software, not financial advice. How we make alerts