Citizens JMP Reiterates Market Outperform Rating on Life360 (LIF)
Get Alerts LIF Hot Sheet
Rating Summary:
9 Buy, 3 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Citizens JMP analyst Andrew Boone reiterated a Market Outperform rating and $55.00 price target on Life360 (NASDAQ: LIF).
The analyst commented, “We believe Life360 (LIF, MO, $55 PT) is at an inflection point as U.S. user growth remains healthy even in its most penetrated states, while the momentum in multiple international markets can allow the company to sustain elevated global MAU growth. With Life360 successfully merchandising Triple Tier subscriptions in international markets, we believe the core business is healthy with both user and pricing growth.”
Also, “This as Pet is set to launch later this year and Elder care is expected to come in 2026. While we acknowledge shares' premium valuation, with a global opportunity and little competition, we think it can compound results for multiple years going forward as our fireside chat reaffirmed Life360's execution and opportunity.”
For an analyst ratings summary and ratings history on Life360 click here. For more ratings news on Life360 click here.
Shares of Life360 closed at $43.94 yesterday.
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