Life360 (NASDAQ:LIF) Stock Gets Downgrade from Bank of America

Life360 (NASDAQ:LIF) was downgraded by stock analysts at Bank of America from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, FinViz reports. They currently have a $45.00 target price on the stock, down from their previous target price of $60.00. Bank of America‘s price objective suggests a potential upside of 7.19% from the company’s previous close.

Other analysts also recently issued reports about the company. UBS Group set a $45.00 price target on Life360 in a research note on Wednesday. DA Davidson reiterated a “neutral” rating and set a $40.00 price objective on shares of Life360 in a research report on Tuesday, September 29th. Weiss Ratings raised Life360 from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 4th. Wall Street Zen raised Life360 from a “sell” rating to a “hold” rating in a report on Saturday, September 19th. Finally, Citigroup reduced their target price on shares of Life360 from $60.10 to $60.00 and set a “buy” rating for the company in a research report on Friday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Life360 has a consensus rating of “Moderate Buy” and a consensus price target of $55.93.

Life360 Trading Down 6.8%

Shares of NASDAQ:LIF opened at $41.98 on Wednesday. Life360 has a 12-month low of $37.01 and a 12-month high of $86.47. The business has a 50 day moving average of $42.85 and a 200-day moving average of $46.85. The company has a quick ratio of 5.46, a current ratio of 5.60 and a debt-to-equity ratio of 0.51. The stock has a market cap of $3.42 billion, a PE ratio of 22.57 and a beta of 2.17.

Life360 (NASDAQ:LIF) last announced its earnings results on Monday, November 9th. The company reported $0.26 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.05. The company had revenue of $174.14 million for the quarter, compared to analyst estimates of $171.53 million. Life360 had a return on equity of 7.35% and a net margin of 25.71%. As a group, equities research analysts forecast that Life360 will post 0.53 earnings per share for the current year.

Insider Activity at Life360

In related news, Director Chris Hulls sold 250,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $46.84, for a total value of $11,710,000.00. Following the completion of the transaction, the director owned 382,056 shares of the company’s stock, valued at $17,895,503.04. The trade was a 39.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Coghlan sold 4,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $45.80, for a total value of $183,200.00. Following the completion of the transaction, the director directly owned 8,431 shares of the company’s stock, valued at approximately $386,139.80. This trade represents 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. Insiders sold a total of 419,089 shares of company stock worth $18,880,975 in the last quarter. 6.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Life360

A number of large investors have recently bought and sold shares of the company. Principal Financial Group Inc. raised its position in shares of Life360 by 455.0% in the 1st quarter. Principal Financial Group Inc. now owns 463,442 shares of the company’s stock valued at $18,918,000 after buying an additional 379,941 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Life360 by 312.8% in 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 grew its position in Life360 by 25.4% in the third quarter. Public Sector Pension Investment Board now owns 349,032 shares of the company’s stock valued at $14,944,000 after acquiring an additional 70,682 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of 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 during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Life360 by 19.5% during the first quarter. Dimensional Fund Advisors LP now owns 303,479 shares of the company’s stock worth $12,385,000 after buying an additional 49,429 shares in the last quarter. 20.00% of the stock is currently owned by institutional investors and hedge funds.

More Life360 News

Here are the key news stories impacting Life360 this week:

• Positive Sentiment: Q3 revenue rose 40% year over year to $174.1 million, beating estimates, while EPS of $0.26 topped the $0.21 consensus. Life360 also added a record 188,000 paying circles and 5.3 million monthly active users, bringing totals to 3.4 million and 107.7 million, respectively. Life360 Reports Q3 2026 Results
• Positive Sentiment: Some commentary points to continued subscription and advertising growth as potential drivers, with subscription revenue guidance reportedly raised and hardware guidance reduced in favor of software revenue. Life360: Still Growing Fast, With More Opportunities Ahead
• Neutral Sentiment: FY2026 revenue guidance is $665 million-$681 million, compared with analyst consensus of $672.3 million. The range includes consensus, but does not clearly signal a material upgrade to the overall outlook. Life360 Provides FY2026 Earnings Guidance
• Negative Sentiment: Despite the Q3 beat, reports describe shares falling after the results. Investors may be focusing on the guidance’s lack of a clear upside surprise, alongside risks cited around advertising-margin execution and a premium valuation. Life360 shares have plunged on results

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.