Buy, hold, sell: Life360, Liontown, and Mineral Resources shares

There are a lot of ASX shares to choose from on the local market. But which ones could be buys right now?

Let’s take a look at three popular options and see if analysts rate them as buys, holds, or sells. Here’s what they are saying:

Life360 Inc. (ASX: 360)

The team at Bell Potter thinks that Life360 shares are a buy and has put a $45.00 price target on them.

The broker has been impressed with its paying circles growth and believes this trend can continue thanks to the ongoing conversion of its monthly active user (MAU). Bell Potter also highlights the company’s opportunity to disrupt other markets. It said:

Life360 has c.2.8m paying circles – the best measure of subscriber numbers – and has grown this base by >20% in each of the last four years (2022-2025). This growth shows resilience in the subscriber base and, furthermore, the potential for continued strong growth especially as the company focuses on increasing the conversion of MAUs to paying subscribers.

Life360 has the potential to leverage its large and growing user base to enter new markets and disrupt the legacy incumbents. An example is roadside assistance where Life360 launched a subscription-based product called Driver Protect which disrupted the market and helped enable monetisation of its user base. Other markets Life360 could potentially enter include insurance, item & pet tracking, senior monitoring, home security and/or identity theft.

Liontown Ltd (ASX: LTR)

Bell Potter is also positive on this lithium miner and has put a buy rating and $2.42 price target on its shares.

It believes the company is well-placed to benefit from the current strength in lithium prices and highlights the quality of its Kathleen Valley lithium project. It said:

Following the LGES note conversion, LTR will be in a net cash position. Over FY26- 27, LTR will continue to ramp up and de-risk Kathleen Valley. With current lithium price strength, LTR can rapidly generate cash to support incremental production expansions and shareholder returns. Kathleen Valley is highly strategic in terms of scale, long project life and location in a tier-one mining jurisdiction. LTR has offtake contracts with top-tier EV and battery OEMs. The company has a strong balance sheet with long tenor debt finance.

Mineral Resources Ltd (ASX: MIN)

Analysts at Morgans are sitting on the fence when it comes to this mining and mining services company’s shares. It has put a hold rating and $67.00 price target on them.

While its second quarter performance beat expectations, the broker feels that its valuation is full. It said:

2Q26 result beat expectations across all divisions. Lithium optionality increases in the current pricing environment, with potential to increase volumes at Mt Marion and Wodgina and re-start Bald Hill. Deleveraging has accelerated. Net debt now sits at A$4.9bn (A$5.4bn last quarter). Maintain HOLD. Valuation appears full at 7x ND/EBITDA but strong execution, balance sheet momentum and a supportive commodity backdrop underpins ongoing exposure.

The post Buy, hold, sell: Life360, Liontown, and Mineral Resources shares appeared first on The Motley Fool Australia.

More reading

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• 4 ASX mining shares just re-rated by Morgans
• Is the Mineral Resources share price going to hit $70.00 this year?
• 5 things to watch on the ASX 200 on Friday
• Why Liontown shares could continue to roar higher

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.