Wells Fargo Rates Liftoff Mobile (LFTO) buy, $32 Price Target
Wells Fargo analyst Alec Brondolo kept a buy rating and a $32 price target on Liftoff Mobile Inc. on June 29, 2026, a 25.64% upside from the current price.
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Wells Fargo rated Liftoff Mobile, Inc. ($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
- Wells Fargo analyst Alec Brondolo reiterated a buy rating on Liftoff Mobile Inc. (NasdaqGS: LFTO) on June 29, 2026, maintaining a $32 price target.
- Wells Fargo's $32 price target implies 25.64% upside from Liftoff Mobile, Inc.'s ($LFTO) current $25.47 share price.
- The mobile advertising firm trades near $25.47, with a market capitalization of roughly $2.99 billion and a forward P/E ratio of 12.71.
- Wall Street maintains a consensus buy recommendation on the stock backed by 14 analyst opinions and a mean price target of $34.43.
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Wells Fargo Keeps Positive Outlook on Liftoff Mobile
Wells Fargo analyst Alec Brondolo reiterated a buy rating on Liftoff Mobile Inc. (NasdaqGS: LFTO) on June 29, 2026, keeping a $32 price target in place. The update comes as Wall Street watches how the mobile advertising platform turns its revenue growth into bottom-line results. The company uses neural network technology through its Cortex platform to help advertisers improve user acquisition and app monetization.
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Stock Performance and Valuation
Liftoff Mobile shares recently changed hands at $25.47. The equity has moved within a 52-week range spanning from a low of $16.17 up to a high of $30.10. The company carries a market capitalization of roughly $2.99 billion, a trailing P/E ratio of 84.05, and a forward P/E ratio of 12.71 based on expected future earnings. Revenue over recent periods reached $798.84 million, backed by a revenue growth rate of 35.4%.
$LFTO price target
Liftoff Mobile, Inc. daily closes and this analyst's $32 target. Not advice.
Recent Analyst Updates Across Wall Street
The broader analyst community has actively adjusted views on the advertising technology provider through the late summer and autumn. On October 13, 2026, Morgan Stanley maintained an Equal-Weight rating with a $20 price target, moving from a previous target of $30. Earlier in October, BTIG maintained a buy rating on October 9, 2026, setting a $27 price target down from $35. Piper Sandler initiated coverage on September 22, 2026, with a neutral rating and a $19 price target. Freedom Capital Markets also initiated coverage on September 10, 2026, with a hold rating and an $18 target.
Additional updates include Tigress Financial maintaining a buy rating on September 2, 2026, lifting its target to $41 from $39. UBS kept a buy rating on August 13, 2026, with a $39 price target, while Wells Fargo maintained an overweight rating on the same day with a $34 target, and Cantor Fitzgerald maintained an overweight rating with a $32 target down from $33. Overall, the stock carries a consensus buy recommendation backed by 14 analyst opinions and a mean price target of $34.43.
Inside Liftoff Mobile's Platform
Liftoff Mobile Inc. delivers performance marketing, monetization, and advertising services for mobile apps across North America, Latin America, Europe, the Middle East, Africa, and the Asia Pacific region. Its DSP tools support user acquisition, while its SSP tools give developers direct access to ad auction inventory. Founded in 2011 and headquartered in Redwood City, California, the firm employs 649 people.
Looking Ahead to Earnings and Filings
Investors can look ahead to the next earnings report scheduled for November 11, 2026, for further insight into the company's growth trajectory and profit margins. Market participants should review official regulatory filings with the SEC for complete financial details. Analyst ratings and price targets are subject to change based on upcoming financial results and broader market conditions.
Related Filing Alerts
Source: Wells Fargo's rating change on $LFTO (Jun 29, 2026). Written by software, not financial advice. How we make alerts