Life360's Flagging of Track Record Intrigues Bull -- Market Talk

Dow Jones03-04

0218 GMT - Life360's bull at Citi is intrigued by management's comment that the tracking-app developer has a history of over delivering. Analyst Siraj Ahmed mulls the implications of the comment after the company issued annual subscription revenue guidance that he sees as conservative. He tells clients in a note that markets are likely waiting on 1Q or 2Q updates for valuation signals. Ahmed observes that growth remains steady in Life360's key revenue-generating regions, including the U.S. market. Citi has a last-published buy rating and a $68.75 target price on Life360's U.S.-listed stock, which closed down 18% at $43.97. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

March 03, 2026 21:18 ET (02:18 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment