Life360 (LIF)

• Market cap: $3.17B
• 1 day: 0.57%
• 5 days: 3.26%
• 1 month: -4.52%
• 3 months: 7.63%
• 6 months: 57.30%
• Year to date: 57.30%
• 1 year: 57.30%
• 5 years: 57.30%
• 10 years: 57.30%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

About: Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the US, the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.

Employees: 383

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

300% more first-time investments, than exits

New positions opened: 56 | Existing positions closed: 14

175% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 4

131% more funds holding

Funds holding: 32 [Q2] → 74 (+42) [Q3]

61% more capital invested

Capital invested by funds: $182M [Q2] → $293M (+$110M) [Q3]

2.0% more ownership

Funds ownership: 8.07% [Q2] → 10.07% (+2.0%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $43 1% upside
• Avg. target: $50 17% upside
• High target: $55 30% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

JMP Securities Andrew Boone 0 / 0 met price target	30% upside $55	Market Outperform Maintained	14 Nov 2024
UBS Chris Kuntarich 0 / 0 met price target	18% upside $50	Neutral Maintained	7 Nov 2024
Stifel Mark Kelley 55% 1-year accuracy 6 / 11 met price target	18% upside $50	Buy Maintained	28 Oct 2024
Loop Capital Rob Sanderson 50% 1-year accuracy 2 / 4 met price target	1% upside $43	Buy Maintained	21 Aug 2024