{"id":633808,"date":"2026-04-27T09:49:09","date_gmt":"2026-04-27T09:49:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/633808\/"},"modified":"2026-04-27T09:49:09","modified_gmt":"2026-04-27T09:49:09","slug":"can-life360-shares-recover-from-the-ai-fuelled-sell-off","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/633808\/","title":{"rendered":"Can Life360 shares recover from the AI fuelled sell-off?"},"content":{"rendered":"\n<p>Life360 Inc (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-360\/\" rel=\"nofollow noopener\" target=\"_blank\">ASX: 360<\/a>) shares are marching higher today.<\/p>\n<p>Shares in the S&amp;P\/ASX 200 Index\u00a0(ASX: XJO) location sharing software developer closed on Friday trading for $20.85. In early afternoon trade on Monday, shares are swapping hands for $21.17 apiece, up 1.5%.<\/p>\n<p>For some context, the ASX 200 is down 0.3% at this same time.<\/p>\n<p>Taking a step back, Life360 shares have underperformed the benchmark over the past 12 months, up 2.5% compared to the 9.6% one-year gains delivered by the benchmark index.<\/p>\n<p>If you&#8217;ve been following along with the ASX tech company, you&#8217;ll know the stock was on tear right up until early October.<\/p>\n<p>Indeed, on 3 October, Life360 notched a record closing high of $55.44 a share.<\/p>\n<p>But not long after recording this all-time high, the stock got caught up in the broader global selling pressure that hit a lot of Software as a Service (SaaS) stocks.<\/p>\n<p>Commonly referred to as the SaaSpocalypse, Life360 and many other SaaS stocks tumbled amid investors concerns that artificial intelligence, or <a href=\"https:\/\/www.fool.com.au\/investing-education\/ai-shares-asx\/\" rel=\"nofollow noopener\" target=\"_blank\">AI<\/a>, could replace a lot of the services these companies offer.<\/p>\n<p>Which brings us back to our headline question.<\/p>\n<p>With the ASX 200 tech stock down 61.8% from its October closing highs, is a recovery on the horizon?<\/p>\n<p> <img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/04\/asx-share-price-rebound-1200x675.jpg\" class=\"attachment-full size-full wp-post-image\" alt=\"Wooden blocks spelling rebound with coins on top.\"  \/><\/p>\n<p>Image source: Getty Images<\/p>\n<p> Can life360 shares shake the AI blues? <\/p>\n<p>MPC Markets&#8217; Jonathan Tacadena recently ran his slide rule over Life360 shares (courtesy of The Bull).<\/p>\n<p>&#8220;This information technology company provides a mobile networking safety app for families,&#8221; he noted.<\/p>\n<p>Addressing the stock&#8217;s <a href=\"https:\/\/thebull.com.au\/18-share-tips\/18-share-tips-27th-april-2026\/\" target=\"_blank\" rel=\"noopener nofollow\">rebound<\/a> potential from the past months&#8217; AI-driven selldown, Tacadena said:<\/p>\n<p>In our view, fears of artificial intelligence severely impacting software-as a-service companies are fading, and a lot of our preferred names have rebounded strongly. We expect Life360&#8217;s share price to recover further moving forward.<\/p>\n<p>Connecting the dots, Tacadena issued a hold recommendation on Life360 shares.<\/p>\n<p>He concluded:<\/p>\n<p>Full year revenue in 2025 was up 32% on the prior corresponding period. It expects revenue growth in full year 2026 to be driven by its core subscription business and the scaling of its advertising platform.<\/p>\n<p> What&#8217;s the latest from the ASX 200 tech stock? <\/p>\n<p>Life360 reported its fourth quarter (Q4 2025) results on 2 March.<\/p>\n<p>Highlights for the quarter included a 26% year-on-year increase in revenue to US$146.0 million.<\/p>\n<p>The company also achieved strong earnings growth, with adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of US$32.4 million up 53% from Q4 2024.<\/p>\n<p>Turning to the balance sheet, the ASX 200 tech stock ended the quarter with cash, cash equivalents and restricted cash of US$495.8 million.<\/p>\n<p>Life360 shares closed up 0.6% on the day of the results release.<\/p>\n","protected":false},"excerpt":{"rendered":"Life360 Inc (ASX: 360) shares are marching higher today. Shares in the S&amp;P\/ASX 200 Index\u00a0(ASX: XJO) location sharing&hellip;\n","protected":false},"author":2,"featured_media":633809,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[256,254,255,64,63,105],"class_list":["post-633808","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-au","tag-australia","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/633808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=633808"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/633808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/633809"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=633808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=633808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=633808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}