LMND Price Prediction Next Week
Analysis and Insights
To predict the stock price of Lemonade (LMND) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
Lemonade's stock price has shown volatility recently, with a close of $36.98 on March 17, 2025. Key technical indicators include:
- RSI (14): 50.32, indicating a neutral position.
- MACD: -0.19, showing slight bearish momentum.
- Fibonacci Levels: Pivot at $35.57, with resistance at $38.56 and support at $32.57.
News Sentiment:
- Insider Activity: CFO Timothy E Bixby sold 6,243 shares, representing 2.3% of his holdings, while insiders have sold 24 out of 26 trades in the past six months.
- Institutional Movements: 131 institutional investors increased positions, while 116 reduced theirs, indicating mixed sentiment.
- Market Context: The insurance sector has faced challenges due to falling Treasury yields, but Lemonade saw a 4.4% gain on positive earnings reports.
Prediction and Recommendation:
Based on the analysis, Lemonade's stock is expected to rise slightly next week, reaching $38.50. The mixed sentiment and technical indicators suggest a cautious approach, but the recent positive earnings and institutional interest support a buy recommendation.
LMND Similar Chart Price Prediction
The price of LMND is predicted to go up 7.68%, based on the high correlation periods with IMAX. The similarity of these two price pattern on the periods is 95.94%.
LMND
IMAX
Up: 7.68%Similarity: 95.94%
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LMND Analyst's Forecast
Ronald Josey
JMP Securities
Buy
2024-11-22
Price Target
$40 → $60
Upside
+21.75%
JMP Securities raised the firm's price target on Lemonade to $60 from $40 and keeps an Outperform rating on the shares. Lemonade's investor day event drove home how the company is well ahead of any peers when it comes to embracing AI and reaping the benefits it provides in scaling a business, the analyst tells investors in a research note. The firm sees a long runway for Lemonade, and thinks the path to the business doubling is likely shorter than the market thinks.
Arvind Ramnani
Piper Sandler
Hold
2024-11-21
Price Target
$25 → $44
Downside
-12.63%
Michael Zaremski
BMO Capital
Sell
2024-11-21
Price Target
$13 → $15
Downside
-69.56%
