Stifel has lowered its price target for Life360 (NASDAQ:LIF) to $76.00 from $92.00 and is retaining a Hold rating on the family safety platform's shares. The stock is trading at $63.36 and is noted as trading near a 52-week high of $112.54, per InvestingPro data.
The analyst action follows Life360's preliminary fourth-quarter results, released on January 22, which Stifel said came in ahead of Street expectations. Management provided guidance targeting 20% growth in monthly active users (MAUs) for 2026, compared with consensus Street estimates of 16.5% for the same period. The company has also posted robust top-line momentum, with revenue rising 33.86% over the past twelve months.
Stifel's review of Life360 focuses heavily on the trajectory of MAU expansion. Mark Kelley, a Stifel analyst, previously identified MAU growth as "the main pressure point for shares" after the company's third-quarter 2025 earnings. Following the preliminary fourth-quarter update, market conversation has shifted toward whether Life360's guidance is conservative enough to enable earnings beats across the upcoming year.
In revising its outlook, Stifel adjusted its model to reflect the midpoint of the company's updated fourth-quarter figures but left its 2026 estimates largely intact while awaiting additional detail on where Life360's MAUs are geographically concentrated. The firm emphasized that clarity on the regional mix of users is material to its forward projections.
Investor attention has also turned to the integration of Nativo, a recent Life360 acquisition. Questions about how that asset will be absorbed into the company's operations were specifically highlighted as a monitoring point for shareholders and analysts.
Outside of Stifel's action, other research firms offer contrasting views. DA Davidson reported that Life360's preliminary fourth-quarter results exceeded consensus across all metrics and reiterated a Buy rating with a $94 price target, flagging the company’s strong performance. DA Davidson pointed to search trend analysis as supporting evidence for international MAU growth potential.
At the same time, Citizens downgraded Life360 from Market Outperform to Market Perform, citing concerns about decelerating core growth. Citizens analyst Andrew Boone expressed skepticism about the potency of 2026 catalysts and flagged potential headwinds following the company's successful U.S. advertising campaign.
Data from InvestingPro signals that, despite the strong revenue performance, the stock may be trading above its Fair Value. The same data set assigns Life360 a "GOOD" overall financial health score and reports that analysts generally remain upbeat, aggregated as a Strong Buy consensus.
Summary of developments:
- Stifel lowers price target to $76 from $92 and keeps a Hold rating.
- Management guided to 20% MAU growth for 2026, above Street's 16.5% estimate.
- Revenue grew 33.86% over the last twelve months; preliminary Q4 results beat expectations.