Shares of Life360 Inc (ASX: 360) surged 6.57% in Tuesday's intraday trading, outperforming the broader market amidst ongoing volatility. The spike comes as market analysts and financial institutions reaffirm their positive outlook on the family safety app provider, emphasizing its strong growth prospects and resilience in challenging market conditions.

Life360 has been gaining attention for its rapid user base expansion, particularly in premium subscribers. The company's robust recurring revenue model, significant addressable market, and brand loyalty have positioned it as a compelling long-term investment in the digital safety and location services sector. Despite recent market selloffs affecting tech stocks, Life360's business fundamentals reportedly remain stronger than ever.

Adding to investor optimism, Goldman Sachs has reiterated its "buy" rating on Life360 with a price target of $27.00, suggesting significant upside potential from current levels. This vote of confidence from a major financial institution, coupled with Life360's inclusion in a list of ASX shares poised to thrive over the next decade, appears to have fueled today's rally. As market participants seek quality stocks amid volatility, Life360's strong growth narrative and market position in family safety technology seem to be attracting increased investor interest.