Life360's Unchanged Earnings Guidance May Have Disappointed -- Market Talk
Dow Jones2026/08/10 22:202220 GMT - Life360's failure to raise its annual earnings outlook probably sparked the after-hours plunge in the location-app developer's U.S. stock, Jefferies analyst Roger Samuel says. Samuel, who has a "buy" rating on the stock, tells clients that Life360 reported a good set of numbers across users, subscriptions and revenue. However, he points out that the dual-listed company's shares had been on a hot streak heading into the result and thinks that investors could have been anticipating an upgrade to the full-year earnings outlook. Life360's improved revenue guidance now sits above prior consensus, he adds. Samuel has a target price of 30.00 Australian dollars on Life360's ASX-listed stock, which is at A$29.48 ahead of the local open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
August 10, 2026 18:20 ET (22:20 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
PONS Price Aims to Jump Past $1 After 13,000% Rally Post Mid-July

United Kingdom: Backloaded consolidation risks – Deutsche Bank
Treasury Yields Push Higher Ahead of Buyback Announcement -- WSJ
Waste Management Insider Sold Shares Worth $300,164, According to a Recent SEC Filing