2230 GMT - Life360's track record suggests the tracking-app developer's 2025 outlook is likely to prove conservative, Goldman Sachs analysts reckon. They point out Life360 is typically conservative when setting initial guidance, which suggests upside to the company's current expectation of US$450 million-US$480 million in annual revenue and US$65 million-US$75 million in adjusted Ebitda. They like Life360's ability to lift active users in the December quarter, a period that is typically softer due to seasonal factors. GS lifts its target price 8% to A$27.00 and keeps a buy rating on the company's Australia-listed stock, which is at A$23.30 ahead of the open. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
March 02, 2025 17:30 ET (22:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。