Why Is Life360 Stock Falling Tuesday?

Life360 Inc. (NASDAQ: LIF ) stock fell Tuesday despite the company reporting better-than-expected second-quarter financial results. Life360 Beats Q2 Estimates, Maintains Outlook Life360 reported second-quarter earnings of 6 cents per share, beating the 1-cent estimate. Revenue rose to $158.96 million, topping expectations of $156.39 million. However, the company maintained its fiscal 2026 revenue guidance of $650 million to $685 million. The midpoint of $667.5 million is below the $670.24 million analyst estimate. Following the results, Evercore ISI maintained an Outperform rating on Life360 but lowered its price forecast to $66 from $68. Read Also: S&P 500 Eyes Records, Fed Hike Odds Near 51% Before CPI: Stock Market Today Subscription Growth Drives Revenue Chief Financial Officer Russell Burke said quarterly revenue rose 38% year over year to $159 million, while annualized monthly r...