LMND

Lemonade Inc

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Advanced Chart

38.880

-1.1(-2.751%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

40.4499

Open

40.200

VWAP

Vol

2.70M

Mkt Cap

2.85B

Low

38.190

Amount

EV/EBITDA(TTM)

Total Shares

70.50M

2.72B

EV/OCF(TTM)

P/S(TTM)

5.13

Lemonade, Inc. offers renters, homeowners, car, pet, and life insurance. The Company operates through the United States, Europe, including the United Kingdom, providing insurance products to customers through various sales channels. The Company's digital substrate enables it to integrate marketing and onboarding with underwriting and claims processing, collecting, and deploying data. Its technology includes Data Advantage, AI Maya, AI Jim, CX.AI, Forensic Graph, Blender, and Cooper. AI Maya, its onboarding and customer experience bot, uses natural language to guide customers in joining the Company. AI Jim, its claims bot, takes the first notice of loss from its customer without human intervention. It offers pet insurance that covers diagnostics, procedures, medication, accidents or illness. Even its basic pet insurance offering covers blood tests, urinalysis, lab work, and computed tomography scans.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

160.80M

+31.8%

195.76M

+43.31%

213.90M

+43.75%

Estimates Revision

The market is revising Upward the revenue expectations for Lemonade, Inc. (LMND) for FY2025, with the revenue forecasts being adjusted by 8.65% over the past three months. During the same period, the stock price has changed by 31.71%.

Revenue Estimates for FY2025

Revise Upward

+8.65%

In Past 3 Month

Stock Price

Go Up

+31.71%

In Past 3 Month

6 Analyst Rating

-13.07% Downside

Wall Street analysts forecast LMND stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LMND is 33.80 USD with a low forecast of 23.00 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

2 Hold

3 Sell

Moderate Sell

-13.07% Downside

Current: 38.880

Low

23.00

Averages

33.80

High

60.00

-13.07% Downside

Current: 38.880

Low

23.00

Averages

33.80

High

60.00

Morgan Stanley

Underweight

maintain

$24 -> $26

2025-07-14

Reason

Morgan Stanley

Price Target

$24 -> $26

2025-07-14

maintain

Underweight

Reason

Morgan Stanley raised the firm's price target on Lemonade to $26 from $24 and keeps an Underweight rating on the shares.

BMO Capital

Underperform

maintain

$15 -> $23

2025-07-02

Reason

BMO Capital

Price Target

$15 -> $23

2025-07-02

maintain

Underperform

Reason

BMO Capital raised the firm's price target on Lemonade to $23 from $15 and keeps an Underperform rating on the shares. The firm cites the company's announcement that it will retain about 80% of its gross premiums on a go-forward basis, which is meaningfully higher than its prior 45% retention level, the analyst tells investors in a research note. Lemonade should be able to eat more of its cooking as its economics improve, BMO added.

Keefe Bruyette

Underperform

maintain

$22 -> $26

2025-07-01

Reason

Keefe Bruyette

Price Target

$22 -> $26

2025-07-01

maintain

Underperform

Reason

Keefe Bruyette raised the firm's price target on Lemonade to $26 from $22 and keeps an Underperform rating on the shares. The stock will be dependent near-term on its Car rollout achieving simultaneous growth and loss ratio improvement, the analyst tells investors in a research note.

Keefe, Bruyette & Woods

Thomas McJoynt-Griffith

Sell

Maintains

$25 → $22

2025-04-22

Reason

Keefe, Bruyette & Woods

Thomas McJoynt-Griffith

Price Target

$25 → $22

2025-04-22

Maintains

Sell

Reason

Keefe Bruyette analyst Tommy McJoynt lowered the firm's price target on Lemonade to $22 from $25 and keeps an Underperform rating on the shares.

Morgan Stanley

Bob Huang

Hold

Sell

Downgrades

$35 → $24

2025-04-08

Reason

Morgan Stanley

Bob Huang

Price Target

$35 → $24

2025-04-08

Downgrades

Hold

Sell

Reason

Morgan Stanley downgraded Lemonade to Underweight from Equal Weight with a price target of $24, down from $35. Given the uncertain macro environment, potentially higher loss cost trend due to tariffs, and a more competitive auto insurance market, the firm prefers more defensive names with steadier earnings power and cash flow, the analyst tells investors.

Piper Sandler

Arvind Ramnani

Hold

Maintains

$44 → $34

2025-02-26

Reason

Piper Sandler

Arvind Ramnani

Price Target

$44 → $34

2025-02-26

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Lemonade Inc (LMND.N) is -16.23, compared to its 5-year average forward P/E of -11.33. For a more detailed relative valuation and DCF analysis to assess Lemonade Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-11.33

Current PE

-16.23

Overvalued PE

-2.23

Undervalued PE

-20.42

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-13.05

Current EV/EBITDA

-23.78

Overvalued EV/EBITDA

-2.62

Undervalued EV/EBITDA

-23.47

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

13.72

Current PS

3.54

Overvalued PS

31.90

Undervalued PS

-4.45