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Life360 Inc (36) and DroneShield (DRO)

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Question asked 17/05/2025

Life360 Inc (36) and DroneShield (DRO)

Hi Market Matters Team Life 360 reported Tues Q1 2025 results and have surged by around 26% as of early Fri Morning with new YTD high of $30.93. What's your view going forward - Is it time to take profits or hold and let the stock ride this momentum? What target price do you see it reaching? DRO - DroneShield - Still on your hitlist - What's your latest view? -It has stagnated this week. Are you close to buying? regards Debbie

Answer

Hi Debbie,

Life360 (360) delivered a great result this week, their 10^th consecutive quarter of positive underlying earnings; while its hard to justify chasing the stock around $30 in-line with our bullish market outlook this feels like a great opportunity to run profits. A price target (PT) is guess work when a stocks in “blue sky” but the surprises are likely to be on the upside until further notice. Back the momentum in this one we think.

DroneShield (DRO) – we’re on the fence around $1.30 after its “pop” up towards $1.50. However, the risk/reward will become more appealing around $1.20, or ~6% lower.

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Life360 Inc (360)

LAST UPDATED 16/05/2025 18:54

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