tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lemonade Metromile merger warrants near February 2026 expiry

Story Highlights
Lemonade Metromile merger warrants near February 2026 expiry

Claim 50% Off TipRanks Premium

The latest announcement is out from Lemonade ( (LMND) ).

Lemonade, Inc., which operates a technology-focused consumer insurance platform, issued 7,846,646 warrants with an exercise price of $218.51 as part of its November 8, 2021 merger agreement with Metromile, Inc. These Lemonade warrants, listed on the NYSE under the LMND-WS ticker, are scheduled to expire on February 9, 2026 at 5:00 p.m. Eastern Time, and the exchange has notified the company that trading in the warrants will be suspended after the market close on February 5, 2026 to allow for timely settlement ahead of expiration, affecting warrant holders’ remaining window to exercise or trade these instruments.

The most recent analyst rating on (LMND) stock is a Hold with a $101.00 price target. To see the full list of analyst forecasts on Lemonade stock, see the LMND Stock Forecast page.

Spark’s Take on LMND Stock

According to Spark, TipRanks’ AI Analyst, LMND is a Neutral.

The score is driven primarily by improving (but still loss-making) financial performance and strong bullish technical momentum. The earnings call adds support via accelerating premium/revenue growth and a clearer profitability path, while valuation remains a key constraint due to negative earnings and no dividend yield.

To see Spark’s full report on LMND stock, click here.

More about Lemonade

Lemonade, Inc. is a U.S.-listed insurance company that uses a technology-driven model to sell property and casualty insurance products, including renters, homeowners, pet, and auto coverage, primarily to consumer policyholders.

Average Trading Volume: 2,703,041

Technical Sentiment Signal: Buy

Current Market Cap: $6.72B

See more data about LMND stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1