Buy, hold, sell: Life360, Magellan, and QBE shares

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There are plenty of ASX shares out there for investors to choose from.

To narrow things down, let’s see what analysts are saying about three popular shares, courtesy of The Bull. Here’s what they are recommending:

Life360 Inc. (ASX: 360)

Despite recent share price weakness, the team at Baker Young only rates Life360 shares as a hold.

Commenting on the family safety technology company, the broker said:

Life360 is a leading family safety and location sharing platform operating across the US, UK and Australia. The company delivered better-than-expected full year results in 2025, highlighted by subscription revenue increasing 33 per cent. Hardware remains an important long term growth option, as it helps lock users into paid subscriptions.

We believe the magnitude of the recent share price decline has been excessive given the strength across most of Life360’s core subscription business. Accordingly, we remain comfortable holding this high quality, fast growing and profitable company at current levels.

Magellan Financial Group Ltd (ASX: MFG)

Another ASX share that Baker Young has given its verdict on is fund manager Magellan.

It highlights that Magellan’s shares have rallied strongly since announcing plans to merge with Barrenjoey.

The broker feels this has led to an excessive valuation and has named the company as a sell this week. It explains:

Shares in this funds management firm have rallied following news it will merge with boutique investment bank Barrenjoey Capital Partners. While we recognise the strategic rationale of diversifying away from the increasingly challenging funds management industry, and view Barrenjoey as an attractive and growing participant in Australian capital markets, we question the valuation implied by the transaction. The deal effectively values the business around 15 times underlying earnings.

Also, the transaction involves issuing MFG shares at $8.45 each to partially fund the acquisition, creating meaningful dilution for existing shareholders. Given the strong share price reaction to the announcement, we would consider taking advantage of the rally to exit positions.

QBE Insurance Group Ltd (ASX: QBE)

One ASX share that Baker Young is positive on is QBE Insurance. It has named the insurance giant as a buy this week.

The broker sees value in QBE’s shares at current levels and highlights its attractive forecast dividend yield. It said:

QBE offers attractive value at this stage of the cycle. In February, the global insurer reported better-than-forecast earnings growth of 23 per cent in full year 2025, driven by a solid 7 per cent increase in policy sales and relatively low claims rates. With favourable operating conditions likely to persist into full year 2026, we see compelling financial sector value at around 11.5 times projected earnings and a dividend yield of 5 per cent.

Insurance is inherently risky and industry feedback suggests competition is increasing, which may limit further premium increases in coming years. However, QBE offers unparalleled geographical diversification among Australian insurers, which helps reduce earnings volatility. We’re comfortable accumulating the stock at current levels as an attractively valued, well diversified financial exposure.

The post Buy, hold, sell: Life360, Magellan, and QBE shares appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has positions in Life360. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Life360. The Motley Fool Australia has positions in and has recommended Life360. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.