Stifel Keeps Buy Rating on Life360, Raises PT to $87 from $48
Life360, Inc. (NASDAQ: LIF) has received a positive update from Stifel Nicolaus, which has maintained its "Buy" rating on the stock while raising its price target to $87 from $48. The move comes amidst a flurry of analyst activity surrounding the family safety and tracking app company.
According to a research report dated July 2, 2025, Stifel Nicolaus cited several factors that support its bullish stance on Life360. The analysts highlighted the company's strong user base, which includes over 50 million monthly active users, and its robust suite of security features such as location sharing, safe driver reports, and crash detection with emergency dispatch. The analysts also noted the company's ability to generate revenue growth and maintain a high net margin, both of which are key indicators of financial health.
The update from Stifel Nicolaus is part of a broader trend of positive analyst sentiment towards Life360. In recent months, several analysts have raised their price targets and maintained their "Buy" ratings on the stock. For instance, UBS Group and Canaccord Genuity Group have both increased their target prices and given Life360 a "Buy" rating. Additionally, the company's insiders have been active buyers of the stock, with directors and general counsel selling shares at prices above the current market value, indicating confidence in the company's prospects.
Life360's latest earnings report, released on May 12, 2025, showed that the company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.09. The company also reported revenue of $103.62 million for the quarter, which exceeded analysts' expectations of $101.48 million. These strong financial results have contributed to the positive analyst sentiment surrounding the stock.
In conclusion, Stifel Nicolaus' decision to maintain its "Buy" rating on Life360 and raise its price target to $87 from $48 reflects the positive sentiment among analysts regarding the company's prospects. As the company continues to build its user base and expand its suite of security features, investors may find Life360 to be an attractive investment opportunity.
References:
[1] https://www.marketbeat.com/instant-alerts/life360-inc-nasdaqlif-receives-consensus-rating-of-buy-from-analysts-2025-07-25/
[2] https://www.benzinga.com/insights/analyst-ratings/25/07/46670896/what-7-analyst-ratings-have-to-say-about-life360
Comments
No comments yet