Life360
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)
293% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 14
124% more funds holding
Funds holding: 33 [Q2] → 74 (+41) [Q3]
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
61% more capital invested
Capital invested by funds: $183M [Q2] → $293M (+$111M) [Q3]
2.0% more ownership
Funds ownership: 8.09% [Q2] → 10.09% (+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
4 analyst ratings
UBS Chris Kuntarich 50% 1-year accuracy 4 / 8 met price target | 23%upside $55 | Buy Upgraded | 17 Jan 2025 |
Canaccord Genuity Maria Ripps 68% 1-year accuracy 19 / 28 met price target | 30%upside $58 | Buy Maintained | 2 Dec 2024 |
JMP Securities Andrew Boone 75% 1-year accuracy 68 / 91 met price target | 23%upside $55 | Market Outperform Maintained | 14 Nov 2024 |
Stifel Mark Kelley 87% 1-year accuracy 20 / 23 met price target | 12%upside $50 | Buy Maintained | 28 Oct 2024 |