Ethos Technologies Inc. Class A Common Stock (NASDAQ:LIFE – Get Free Report) issued its earnings results on Monday. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.39, FiscalAI reports. The company had revenue of $235.22 million during the quarter.
Here are the key takeaways from Ethos Technologies Inc. Class A Common Stock’s conference call:
- Positive Sentiment: Ethos reported a record Q3, with revenue up 151% year over year to $235 million and Adjusted EBITDA of $35 million. The company raised full-year 2026 guidance to $838–$842 million in revenue and $134–$136 million in Adjusted EBITDA.
- Positive Sentiment: Both channels delivered triple-digit growth: direct-channel revenue increased 112%, while third-party revenue surged 209%. New agencies are ramping quickly, established agencies continue to grow, and management cited a robust pipeline of additional agency partners.
- Positive Sentiment: Ethos activated 142,111 policies in Q3, bringing cumulative activated policies above 850,000. Management said its vertically integrated platform, data-driven conversion improvements, and profitable unit economics are supporting durable growth and expansion of the life insurance market.
- Negative Sentiment: Contribution margin was 28%, affected by the growing mix of lower-margin third-party revenue and increased direct-channel brand investments. Return on ad spend declined modestly, although management said the change was intentional and that policies activated in Q3 remained profitable and variable-cash-flow positive within 60 days.
- Neutral Sentiment: Ethos ended Q3 with $290 million in cash and investments and did not repurchase shares under its $100 million authorization. Management said it will remain opportunistic, prioritizing growth investments while repurchasing shares only if it sees a significant valuation dislocation.
Ethos Technologies Inc. Class A Common Stock Trading Down 1.8%
Shares of LIFE traded down $0.77 during trading hours on Monday, reaching $42.62. 3,050,524 shares of the stock traded hands, compared to its average volume of 894,294. The stock has a fifty day simple moving average of $38.11 and a 200 day simple moving average of $26.90. Ethos Technologies Inc. Class A Common Stock has a 52 week low of $9.45 and a 52 week high of $44.99. The company has a market cap of $2.72 billion and a price-to-earnings ratio of -14.95.
Analyst Upgrades and Downgrades
LIFE has been the subject of a number of analyst reports. Wall Street Zen upgraded Ethos Technologies Inc. Class A Common Stock from a “sell” rating to a “hold” rating in a research report on Saturday, August 8th. Robert W. Baird increased their target price on shares of Ethos Technologies Inc. Class A Common Stock from $26.00 to $32.00 and gave the company an “outperform” rating in a research report on Tuesday, August 4th. Citigroup reissued a “market outperform” rating on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Monday, October 12th. William Blair set a $33.00 price target on shares of Ethos Technologies Inc. Class A Common Stock in a report on Tuesday, August 4th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $35.00 price target on shares of Ethos Technologies Inc. Class A Common Stock in a research report on Tuesday, August 4th. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $35.62.
Read Our Latest Report on LIFE
Insider Activity
In other news, President Lingke Wang sold 118,333 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $33.29, for a total value of $3,939,305.57. Following the completion of the transaction, the president directly owned 1,537,543 shares of the company’s stock, valued at $51,184,806.47. This represents a 7.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Brandt Walter Kucharski sold 77,436 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $34.93, for a total value of $2,704,839.48. Following the sale, the chief accounting officer directly owned 105,994 shares of the company’s stock, valued at $3,702,370.42. The trade was a 42.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 850,737 shares of company stock worth $30,440,261 in the last quarter.
Hedge Funds Weigh In On Ethos Technologies Inc. Class A Common Stock
Several institutional investors and hedge funds have recently bought and sold shares of LIFE. Glynn Capital Management LLC bought a new stake in shares of Ethos Technologies Inc. Class A Common Stock in the third quarter valued at $15,999,000. The Manufacturers Life Insurance Company purchased a new stake in Ethos Technologies Inc. Class A Common Stock during the second quarter valued at about $6,191,000. State of Wyoming bought a new position in Ethos Technologies Inc. Class A Common Stock during the third quarter worth about $1,645,000. State Street Corp bought a new position in Ethos Technologies Inc. Class A Common Stock during the second quarter worth about $932,000. Finally, Zevenbergen Capital Investments LLC purchased a new position in shares of Ethos Technologies Inc. Class A Common Stock in the third quarter worth about $720,000. 61.72% of the stock is owned by institutional investors.
Ethos Technologies Inc. Class A Common Stock Company Profile
Ethos Technologies Inc operates a technology-driven, direct-to-consumer platform for the distribution of life insurance products. Through its digital underwriting, data analytics, and proprietary technology, it enables consumers to explore, compare, and purchase life insurance policies online. The platform serves consumers, agents, and insurance carriers, and supports the application and policy issuance process through an online interface. The company works with insurance carriers to offer life insurance products in the United States through digital channels and independent agents.
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