DA Davidson Reiterates Neutral Rating on Life360 (LIF)

DA Davidson analyst Wyatt Swanson reiterated a Neutral rating and $40.00 price target on Life360 (NASDAQ: LIF).

The analyst commented: "We update our MAU analysis, which tracks multiple Google trend search terms as a proxy for MAU growth. Consolidated 3Q MAU trends have modestly improved since our prior update that suggested +15.5% Y/Y growth in our base case, though we are still seeing pressure vs. consensus. Reiterate $40 price target (impl 25.0x/18.7x our '26/'27 EBITDA) and NEUTRAL rating."

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 $39.98 yesterday.

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