Raymond James Rates Liftoff Mobile (LFTO) buy, $32 Price Target
Raymond James reaffirms a buy rating on Liftoff Mobile, setting a target price of $32, a 33.22% upside from the current price.
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Raymond James rated Liftoff Mobile, Inc. ($LFTO) "buy" with a $32 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
- On June 29, 2026, Raymond James reiterated its buy rating on Liftoff Mobile, Inc. (LFTO) with a price target of $32.00, up from the current price of $24.02.
- Raymond James's $32 price target implies 33.22% upside from Liftoff Mobile, Inc.'s ($LFTO) current $24.02 share price.
- The company's market cap is approximately $2.99 billion, with a P/E ratio of 84.05, indicating high investor expectations for future growth.
- Currently, Liftoff Mobile is experiencing a revenue growth of 35.4% year-over-year, showcasing its strong position in the mobile advertising industry.
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Raymond James Sticks with Buy Rating
Raymond James has reiterated its buy rating on Liftoff Mobile, Inc. (LFTO) with a target price of $32.00. This comes as the stock trades at $24.02 on June 29, 2026. Analyst Andrew Marok believes the company has strong potential for growth in the mobile advertising sector.
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Comparing Wall Street Ratings
Raymond James' buy rating aligns with a generally optimistic outlook for Liftoff Mobile. Other firms have varying opinions; for instance, Morgan Stanley holds an Equal-Weight rating with a target of $20.00, while BTIG maintains a Buy rating with a target of $27.00. This mix of ratings indicates differing perspectives on the company's future performance.
How Liftoff Mobile, Inc. Stock Has Traded
Liftoff Mobile's shares are currently trading below their 52-week high of $30.10 but have shown resilience with a 35.4% revenue growth. The stock is well above its 50-day moving average of $20.84, suggesting positive momentum as it approaches its next earnings announcement.
$LFTO price target
Liftoff Mobile, Inc. daily closes and this analyst's $32 target. Not advice.
Analysts Set New Price Targets
On June 29, 2026, Raymond James reaffirmed its buy rating with a price target of $32.00. Other analysts have also weighed in; for example, UBS maintains a Buy rating with a target of $39.00. The consensus from 14 analysts shows a mean price target of $34.43, indicating overall positive sentiment about Liftoff Mobile's prospects.
What Liftoff Mobile, Inc. Does
Liftoff Mobile, Inc. specializes in mobile advertising and performance marketing solutions. Its platform, Cortex, uses advanced technology to improve ad performance, which is crucial in today's competitive advertising landscape.
What's Ahead for Liftoff Mobile, Inc.
Investors will be watching for Liftoff Mobile's next earnings report scheduled for November 11, 2026. The recent analyst ratings provide valuable insights, but it's important to note that the 13F filings reflect past positions and may not represent current holdings.
Related Filing Alerts
Source: Raymond James's rating change on $LFTO (Jun 29, 2026). Written by software, not financial advice. How we make alerts