Life360 Bull Expects Market to Accentuate the Positive

Dow Jones06-26

0027 GMT - Life360's bull at Bell Potter expects investors to start focusing on the positives at the tracking app developer, after digesting a single short-term negative. The only reason analyst Chris Savage sees for investors' recent focus on relatively low growth in global active users is that Life360 may not have done a good job explaining the technical issues behind it. He reminds clients in a note that paid subscriptions are what drive revenue growth, and points out that these were very strong in the March quarter. Savage raises his subscription growth forecasts for the remainder of 2026 and reckons this metric will soon draw more attention. Bell Potter keeps a buy rating on Life360's ASX-listed stock and raises its target price 1.5% to 33.00 Australian dollars. Shares are at A$23.52. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 25, 2026 20:27 ET (00:27 GMT)

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He reminds clients in a note that paid subscriptions are what drive revenue growth, and points out that these were very strong in the March quarter. Savage raises his subscription growth forecasts for the remainder of 2026 and reckons this metric will soon draw more attention. Bell Potter keeps a buy rating on Life360's ASX-listed stock and raises its target price 1.5% to 33.00 Australian dollars. Shares are at A$23.52. 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