By Tess Bennett
Publication Date: 2026-03-04 05:12:00
Analysts at Barrenjoey cut their price target on family and pet tracking app maker Life360 by nearly half amid doubts about the company’s ability to meet its growth targets and fears that customers could soon create their own versions powered by artificial intelligence.
The downgrade of analysts’ price target from $50 to $27 per share came after a rollercoaster ride for Life360 shares on Tuesday. Shares initially rose 15 percent after better-than-expected full-year results, but ended the day down 18 percent at $20.36 after Chief Executive Lauren Antonoff warned of a slowdown in user growth.
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