2221 GMT [Dow Jones]--Life360's bull at Jefferies likes the look of the tracking-app developer's first-quarter result, despite its cut to user-growth guidance. Analyst Roger Samuel tells clients in a note that 1Q growth in monthly active users was softer due to an issue with the Google Play Store. Despite this, Life360 has raised its outlook for full-year revenue and Ebitda. Samuel observes that 1Q Ebitda was 16% higher than consensus, on an underlying basis. "A good result," is Samuel's summary. Jefferies has a last-published buy rating and A$31.00 target price on Life360's Australia-listed stock. Shares are at A$20.11 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
May 11, 2026 18:24 ET (22:24 GMT)
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