Life360's Tweaks Improve Quality of Guidance -- Market Talk

Dow Jones

2025/05/13

2308 GMT - Life360's tweaks to its outlook improve the quality of its guidance in the view of its bull at RBC. Analyst Wei-Weng Chen tells clients in a note that the 2025 guidance now features more revenue from subscriptions and less revenue from one-off hardware sales. Overall, Chen sees the March-quarter result as a strong one, pointing out that revenue and Ebitda were both ahead of average analyst forecasts. RBC has an outperform rating and A$26.00 target price on Life360's Australia-listed stock, which is at A$23.85 ahead of the open. (stuart.condie@wsj.com)

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May 12, 2025 19:08 ET (23:08 GMT)

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