Life360 Bull Sees No Threat From Apple's AI -- Market Talk

Dow Jones06-16 06:42

Life360's bull at Jefferies doesn't see any threat to the tracking-app developer from Apple's new AI agent. Analyst Roger Samuel tells clients that Apple's location features still fall short of those offered by dual-listed Life360, which provides an extensive tracking history, location-based alerts, driving behavior insights and emergency services integration. "Siri AI is mainly focused on improving productivity rather than building a dedicated family safety platform," he writes. Samuel adds that app-analytics data shows Life360's user growth reaccelerated to almost 20% in May, which he thinks could help it beat user growth consensus for the June quarter. Jefferies has a buy rating and target price of 26.00 Australian dollars on its ASX-listed stock. Shares are at A$22.08 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 15, 2026 18:42 ET (22:42 GMT)

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