Life360 Bull Expects Guidance to Remain for Now -- Market Talk

Dow Jones03-25 08:55

0055 GMT - Life360's bull at Bell Potter doesn't see much chance that the location-app developer upgrades its full-year guidance with its 1Q trading update. Analyst Chris Savage reckons that a small beat to 1Q earnings expectations is possible, but points out that the dual-listed company is unlikely to change its outlook so early in the year. He adds that expectations for the March quarter are quite modest. Life360 does have a track record of raising guidance but didn't do so until 2Q last year, he says. Bell Potter trims its target price on Life360's Australia-listed stock 5.6% to A$37.75 and maintains a buy rating. Shares are up 2.2% at A$19.83. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

March 24, 2026 20:55 ET (00:55 GMT)

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Bell Potter trims its target price on Life360's Australia-listed stock 5.6% to A$37.75 and maintains a buy rating. Shares are up 2.2% at A$19.83. 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