Life360 (NASDAQ:LIF) Stock Price Target Cut by Citigroup

Key Points

• Citigroup cut Life360’s price target from $60 to $56.60 but maintained its Buy rating; the new target implies about 30% upside from the cited share price.
• Analyst views are mixed: the consensus rating is Moderate Buy with a $55.56 target, while Bank of America downgraded the stock to Neutral and lowered its target to $45.
• Life360 beat quarterly expectations, reporting $0.26 earnings per share versus $0.21 expected and revenue of $174.14 million versus $171.53 million expected.

Life360 (NASDAQ:LIF - Get Free Report) had its price objective lowered by Citigroup from $60.00 to $56.60 in a research note issued to investors on Wednesday, Benzinga reports. The brokerage currently has a "buy" rating on the stock. Citigroup's price target would suggest a potential upside of 29.67% from the stock's current price.

LIF has been the topic of a number of other research reports. Morgan Stanley set a $65.20 price objective on shares of Life360 in a report on Wednesday, August 12th. Bank of America lowered shares of Life360 from a "buy" rating to a "neutral" rating and reduced their target price for the company from $60.00 to $45.00 in a research note on Wednesday. Weiss Ratings upgraded shares of Life360 from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, September 4th. UBS Group set a $45.00 price target on shares of Life360 in a research note on Wednesday. Finally, DA Davidson restated a "neutral" rating and issued a $40.00 price target on shares of Life360 in a research note on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $55.56.

Life360 Stock Performance

NASDAQ:LIF traded up $1.67 during midday trading on Wednesday, reaching $43.65. 314,758 shares of the company traded hands, compared to its average volume of 953,553. The firm has a market capitalization of $3.56 billion, a price-to-earnings ratio of 23.42 and a beta of 2.17. The company has a fifty day moving average price of $42.85 and a 200 day moving average price of $46.85. The company has a debt-to-equity ratio of 0.51, a current ratio of 5.60 and a quick ratio of 5.46. Life360 has a twelve month low of $37.01 and a twelve month high of $80.51.

Life360 (NASDAQ:LIF - Get Free Report) last posted its earnings results on Monday, November 9th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.21 by $0.05. Life360 had a return on equity of 7.35% and a net margin of 25.71%. The company had revenue of $174.14 million for the quarter, compared to analysts' expectations of $171.53 million. On average, analysts expect that Life360 will post 0.53 EPS for the current fiscal year.

Insider Activity at Life360

In related news, Director Alex Haro sold 50,000 shares of the stock in a transaction dated Tuesday, October 6th. The shares were sold at an average price of $41.44, for a total value of $2,072,000.00. Following the completion of the transaction, the director owned 1,010,303 shares in the company, valued at $41,866,956.32. This represents a 4.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Coghlan sold 4,000 shares of the firm's stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $45.80, for a total transaction of $183,200.00. Following the transaction, the director directly owned 8,431 shares in the company, valued at approximately $386,139.80. The trade was a 32.18% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 419,089 shares of company stock valued at $18,880,975. 6.80% of the stock is owned by corporate insiders.

Institutional Trading of Life360

A number of institutional investors have recently made changes to their positions in the stock. Principal Financial Group Inc. increased its stake in shares of Life360 by 455.0% during the first quarter. Principal Financial Group Inc. now owns 463,442 shares of the company's stock valued at $18,918,000 after acquiring an additional 379,941 shares during the period. Bank of America Corp DE boosted its stake in Life360 by 312.8% during the 1st quarter. Bank of America Corp DE now owns 407,296 shares of the company's stock valued at $16,626,000 after purchasing an additional 308,632 shares in the last quarter. Public Sector Pension Investment Board boosted its stake in Life360 by 25.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 349,032 shares of the company's stock valued at $14,944,000 after purchasing an additional 70,682 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Life360 by 140.2% during the 1st quarter. Bank of New York Mellon Corp now owns 305,023 shares of the company's stock valued at $12,451,000 after purchasing an additional 178,040 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Life360 by 19.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 303,479 shares of the company's stock valued at $12,385,000 after purchasing an additional 49,429 shares during the period. 20.00% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Life360

These are some of the LIF stories that stood out recently:

• Positive Sentiment: Third-quarter revenue increased 40% year over year to $174.1 million, beating expectations, while adjusted earnings of $0.26 per share topped the $0.21 consensus. Life360 also added a record 188,000 paying circles and 5.3 million monthly active users. Q3 2026 results
• Positive Sentiment: Life360 shares reportedly rebounded sharply Wednesday after a volatile post-earnings reaction, suggesting some investors saw the selloff as an opportunity despite concerns around the outlook. Shares rebound article
• Negative Sentiment: Bank of America cut its rating on Life360 from “buy” to “neutral” and reduced its price target from $60 to $45. The lower target implies only about 6% upside from the cited $42.39 share price and may weigh on sentiment. Bank of America downgrade

About Life360

Life360 operates a family safety and location-sharing platform. Its mobile app helps families and other groups share locations, coordinate their activities and receive alerts about arrivals, departures and other events. The service also includes features such as driving insights, roadside assistance and emergency support. The company's offerings include the Life360 app and Tile, its line of Bluetooth tracking devices and related services for finding everyday items. Together, these products provide location and safety tools for people, pets and belongings.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.