Life360 (LIF) PT Raised to $42 at DA Davidson

DA Davidson analyst Wyatt Swanson raised the price target on Life360 (NASDAQ: LIF) to $42.00 (from $40.00) while maintaining a Neutral rating.

The analyst commented, "We raise our PT from $40 to $42 (impl 26x our '26 EBITDA) on resolved technical issues, but remain NEUTRAL on 2H guide, continued execution risks, and relatively elevated valuation. Our updated model reflects Q/Q DAU adds of 4.2M (+15.9% Y/Y) a ~100bps deceleration vs. reported 1Q Y/Y growth. However, we assume that 3Q steps up more meaningfully than we were previously expecting given the improvements in rankings along with other initiatives helping to drive international growth in Mexico/Brazil/Germany in 2H. Our 4Q'26 MAUs move down to reflect stable Q/Q net adds vs. 3Q'26, implying 17.9% Y/Y growth. While Y/Y comparisons get easier in 1H'27, we believe that localizing and introducing offers to attract and retain MAUs abroad will be a multi-year effort, and therefore decrease our '27 MAU expectations by ~2%. This results in our 2026/2027 revenue/adj EBITDA estimates moving down less than 1%."

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