LIFE360 INC (NASDAQ:LIF) – A Strong Growth Stock Meeting Minervini’s Trend Template

LIFE360 INC (NASDAQ:LIF) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template, making it a compelling candidate for growth-focused investors. The company’s strong technical setup, combined with accelerating fundamentals, suggests potential for continued upward momentum.

Why LIF Fits the Minervini Trend Template

Minervini’s Trend Template focuses on stocks exhibiting strong uptrends with key technical criteria. LIF meets these requirements:

• Price Above Key Moving Averages:
  • Current price ($75.72) is well above the 50-day SMA ($63.78), 150-day SMA ($49.16), and 200-day SMA ($48.02).
  • The 50-day SMA is above both the 150-day and 200-day SMAs, confirming bullish momentum.
• Upward-Trending Moving Averages:
  • The 200-day SMA is rising, reinforcing long-term strength.
• Strong Relative Strength:
  • LIF’s relative strength (97.21) indicates it outperforms 97% of stocks, a key trait of market leaders.
• Price Near 52-Week High:
  • The stock is trading within 0.1% of its 52-week high ($75.80), a sign of sustained momentum.
• Significant Gain from 52-Week Low:
  • LIF is up 162% from its 52-week low ($28.94), demonstrating strong recovery and growth potential.

High Growth Fundamentals

Beyond technical strength, LIF exhibits accelerating financial performance:

• Earnings Growth:
  • EPS (TTM) grew 85% YoY, with recent quarterly EPS up 136.8%.
  • The company has beaten EPS estimates in 3 of the last 4 quarters, with an average beat of 151%.
• Revenue Growth:
  • Revenue (TTM) increased 21.99% YoY, with last quarter’s sales up 32.47%.
  • Analysts have revised next-year EPS estimates up by 180.6% over the past three months.
• Profitability Improvements:
  • Free cash flow per share surged 418% YoY, reflecting strong operational efficiency.
  • Profit margins remain positive, with the latest quarter at 4.22%.

Technical Outlook

According to ChartMill’s technical report, LIF scores a perfect 10 on technical health, supported by:

• Strong short- and long-term uptrends.
• Consistent outperformance against peers in the software industry.
• Recent breakout to new highs.

However, the setup rating is currently 3, suggesting investors may want to wait for a consolidation before entering, as volatility has been elevated.

For a deeper technical breakdown, review the full technical report here.

Our High Growth Momentum + Trend Template screener lists more high-growth stocks with strong technical setups.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.