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Highlights

  • Life360 has received positive ratings from analysts at Ord Minnett and E&P.

  • The stock has surged 139.1% over the past year, including a 95.6% rally since April, outperforming both the tech sector and the broader ASX 200.

  • The rally follows company's Q1 results, featuring a 32% revenue increase and a double-digit rise in operating cash flow.

Despite a slight pullback on Tuesday, Life360 Ltd (ASX:360) continues to be one of the standout performers on the S&P/ASX 200 Index, and recent analyst ratings reflect growing institutional confidence in the company’s momentum and market potential.

Shares in the family-oriented location software provider dipped 1.5% to close at AUD 32.75, but the minor decline stands in stark contrast to the stock's remarkable 139.1% gain over the last 12 months. Even more striking, Life360 shares have soared 95.6% since closing at $16.73 on 7 April.

Among the bullish voices are analysts from Ord Minnett and E&P, both of whom recently reaffirmed their confidence in the company. Lindsay Bettiol of Ord Minnett issued a “Buy” rating with a price target of AUD 27.10, while Julian Mulcahy of E&P assigned a “Positive” recommendation and a price target of AUD 34.00.

These endorsements come on the heels of first-quarter results, which sent the stock up 14% on 13 May alone. Life360 reported a 32% year-over-year jump in revenue to US$104 million, and operating cash flow improved 13% to US$12.1 million. CEO Chris Hulls credited the company’s growing importance in households, saying, “As a trusted daily essential for millions, we are uniquely positioned to support families through uncertain times, and beyond.”

The company’s growth also aligns with the broader rebound in tech stocks, as market sentiment has improved amid fading concerns around global tariffs and inflation. Since 7 April, the S&P/ASX 200 Information Technology Index has risen 43.5%, significantly outpacing the ASX 200's 16.8% rise over the same period. Life360 has been one of the top beneficiaries of this sector-wide surge.