Deutsche Bank Reiterates Buy Rating on Liftoff Mobile
Deutsche Bank maintains its buy rating on Liftoff Mobile, setting a $37 price target, a 54.04% upside from the current price.
Key Points
- Deutsche Bank reiterated its buy rating on Liftoff Mobile, Inc. (LFTO) with a target price of $37.
- Deutsche Bank's $37 price target implies 54.04% upside from Liftoff Mobile, Inc.'s ($LFTO) current $24.02 share price.
- Liftoff Mobile shares traded at $25.47 on Wednesday, with a market cap of approximately $4.07 billion.
- Recent insider buying by General Atlantic entities involved over 2.6 million shares at $23 each in early June.
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Deutsche Bank has reiterated its buy rating on Liftoff Mobile, Inc. (NasdaqGS: LFTO), setting a price target of $37. This update was issued by analyst Benjamin Black on June 29, 2026, as the stock traded around $25.47.
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Liftoff Mobile, Inc. Stock Up 27.0%
Shares of Liftoff Mobile, Inc. traded near $25.47 on Wednesday. The company has a market cap of about $4.07 billion and a P/E ratio of 184.8, with a forward P/E of 17.3. Its 52-week range spans from $23.08 to $30.10, while it maintains a 50-day and 200-day moving average of $26.03. Liftoff Mobile's current ratio is 1.17, and its quick ratio is 1.11.
$LFTO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Liftoff Mobile reported revenue of approximately $741.4 million, reflecting a growth rate of 37.1%. The company's net margin stands at 3.01%, with an EPS of $0.13. The next earnings announcement is yet to be scheduled.
Insider Buying and Selling at Liftoff Mobile, Inc.
On June 5, 2026, General Atlantic (LFT), L.P. and General Atlantic GenPar, L.P. each purchased 1,304,347 shares of Liftoff Mobile. These transactions were executed at an average price of $23 per share and were not planned under a Rule 10b5-1 plan.
Analysts Set New Price Targets
On June 29, 2026, several firms initiated coverage on Liftoff Mobile with various ratings. Morgan Stanley started with a hold rating and a $30 target, while UBS, Jefferies, RBC Capital, Raymond James, Cantor Fitzgerald, Deutsche Bank, and Barclays all initiated buy ratings with targets ranging from $32 to $38. Overall, the consensus is a buy rating with an average target price of $35.2 based on 10 analyst opinions.
About Liftoff Mobile, Inc.
Liftoff Mobile, Inc., headquartered in Redwood City, California, is a communication services company specializing in mobile advertising and performance marketing solutions. The company offers a platform called Cortex that leverages neural network technology to optimize ad campaigns. Liftoff also provides products like DSP for user acquisition and SSP for ad monetization. Founded in 2011, it employs 652 people under the leadership of CEO Jeremy Bondy.
Bottom Line
Deutsche Bank's reiteration of its buy rating for Liftoff Mobile and the $37 price target reflect continued confidence in the company's growth potential. Investors often track these ratings for insights into market sentiment. It's important to remember that these analyst ratings are based on projections and may not represent the stock's future performance.
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