Life360 Q2 revenue rises 38%, beats analyst estimates
LIF•Full-year outlook updated
Life360 expects fiscal 2026 revenue of $650 mln to $685 mln, up 33% to 40% year over year.
The company raised its fiscal 2026 subscription revenue outlook to $475 mln to $480 mln from $470 mln to $475 mln.
It lowered its fiscal 2026 hardware revenue outlook to $35 mln to $45 mln from $40 mln to $50 mln.
Analyst coverage and valuation
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell".
The average consensus recommendation for the software peer group is "buy".
Wall Street's median 12-month price target for Life360, Inc. is $66.00, about 4.4% above its August 7 closing price of $63.20.
The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 27 three months ago.
