Lemonade Inc (LMND)
NYSE:LMND
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LMND Stock Chart & Stats
$70.94
-$1.54(-4.26%)
At close: 4:00 PM EST
$70.94
-$1.54(-4.26%)
Day’s Range― - ―
52-Week Range$35.70 - $99.90
Previous CloseN/A
Volume975.37K
Average Volume (3M)1.46M
Market Cap
$4.42B
Enterprise Value$4.23B
Total Cash (Recent Filing)$577.80M
Total Debt (Recent Filing)$200.40M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Aug 05, 2026EPS Estimate
-0.57Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.91
Shares Outstanding76,820,786
10 Day Avg. Volume1,548,829
30 Day Avg. Volume1,462,718
Financial Highlights & Ratios
PEG Ratio1.60
Price to Book (P/B)9.58
Price to Sales (P/S)6.93
P/FCF Ratio-197.38
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue5.15
Enterprise Value/Gross Profit10.82
Enterprise Value/Ebitda-35.02
Forecast
1Y Price Target
$68.29Price Target Upside-3.74% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering8
EPS Forecast (FY)-1.73
Revenue Forecast (FY)$1.21B
Bulls Say, Bears Say
Bulls Say
Strong Top-line Scale (IFP & Revenue Growth)Sustained IFP and revenue growth across multiple quarters builds a recurring premium base and supports durable scale advantages. Larger IFP increases predictable future earned premium, enables cross-sell into 3M+ customers, and provides operating leverage that helps convert growth into long-term margin improvement.
Improving Unit Economics And Operational LeverageMaterial margin expansion and higher IFP per employee indicate automation and AI-driven workflows are reducing claims handling costs and boosting productivity. Better adjusted gross profit and low LAE are structural positives that can sustain profitability as scale grows and support a durable path to break-even.
Turning, Positive Operating And Free Cash Flow With Strong LiquidityConversion to positive operating and free cash flow alongside a sizable cash/investment buffer improves financial flexibility. This durable cash generation reduces reliance on equity issuance, supports funded marketing/growth, and provides a cushion for underwriting cycles and regulatory surplus requirements.
Bears Say
Persistent GAAP Losses And Eroding EquityOngoing GAAP losses and shrinking shareholder equity are structural constraints that can limit capital flexibility and raise the need for future financing. Negative ROE and cumulative losses increase sensitivity to underwriting swings and could force conservative growth or dilutive capital raises over the medium term.
Elevated Combined/underwriting Loss Relative To PeersA substantially higher combined ratio signals underwriting economics that, absent sustained corrective actions, can erode capital and profitability. Reinsurance and retention changes are phasing in, but prolonged underwriting deficits would require pricing, reinsurance, or expense adjustments that could slow durable margin improvements.
Rising Operating Expenses And Larger Stock-based CompensationRapidly growing S&M, tech, G&A, and larger equity grants raise structural cost headwinds that can delay sustainable profitability. Higher non-cash and cash opex increases break-even thresholds and may pressure margins unless offset by continued strong scale and durable unit-economics improvements.
Lemonade News
LMND FAQ
What was Lemonade Inc’s price range in the past 12 months?
Lemonade Inc lowest stock price was $35.70 and its highest was $99.90 in the past 12 months.
What is Lemonade Inc’s market cap?
Lemonade Inc’s market cap is $4.42B.
When is Lemonade Inc’s upcoming earnings report date?
Lemonade Inc’s upcoming earnings report date is Aug 05, 2026 which is in 41 days.
How were Lemonade Inc’s earnings last quarter?
Lemonade Inc released its earnings results on Apr 29, 2026. The company reported -$0.47 earnings per share for the quarter, beating the consensus estimate of -$0.566 by $0.096.
Is Lemonade Inc overvalued?
According to Wall Street analysts Lemonade Inc’s price is currently Overvalued.
Does Lemonade Inc pay dividends?
Lemonade Inc does not currently pay dividends.
What is Lemonade Inc’s EPS estimate?
Lemonade Inc’s EPS estimate is -0.57.
How many shares outstanding does Lemonade Inc have?
Lemonade Inc has 76,820,786 shares outstanding.
What happened to Lemonade Inc’s price movement after its last earnings report?
Lemonade Inc reported an EPS of -$0.47 in its last earnings report, beating expectations of -$0.566. Following the earnings report the stock price went down -14.855%.
Which hedge fund is a major shareholder of Lemonade Inc?
Currently, no hedge funds are holding shares in LMND
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Lemonade Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$68.29 (-3.74% Downside)
$68.29 (-3.74% Downside)
Blogger Sentiment
Bullish
LMND Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 90.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $275.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 1.2%
Last 30 Days ▲ 0.9%
Last 30 Days ▲ 0.9%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
26.42%
12-Months-Change
Fundamentals
Return on Equity
-26.52%
Trailing 12-Months
Asset Growth
19.68%
Trailing 12-Months
Company Description
Lemonade Inc
Lemonade, Inc. functions as an insurance provider operating across the United States and Europe, offering a diverse array of policies. Their core coverage options encompass protection against stolen or damaged personal property, as well as personal liability insurance designed to safeguard customers if they are deemed responsible for accidents or harm to others or their assets. Specifically, they provide renters, homeowners, pet, auto, life, and landlord insurance products. Additionally, the company extends its services by acting as an agent for other insurance carriers. Founded in 2015 as Lemonade Group, Inc., the New York-headquartered firm later adopted its current name, Lemonade, Inc.
LMND Company Deck
LMND Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong and accelerating top-line growth (IFP +32% YoY, revenue +71% YoY), substantial expansion in gross profit (+159%) and improving profitability measures (adjusted EBITDA loss narrowed 64% and adjusted free cash flow positive). Management highlighted sustainable unit economics (LTV:CAC >3), operational leverage from AI-driven automation (IFP per employee >$1M, LAE ~6%), and material progress in key product lines (Pet IFP $500M). Key challenges remain: a relatively high gross loss/combined ratio (~138% combined per analyst), rising operating expenses and stock-based comp, ADR pressure from prior book clean-up, and remaining GAAP net losses. Given the pronounced improvements in growth, margins, cash flow, and explicit targets toward breakeven (positive EBITDA quarter expected in Q4), the positive developments materially outweigh the lingering lowlights.View all LMND earnings summariesLMND Stock 12 Month Forecast
Average Price Target
$68.29
▼(-3.74% Downside)
Technical Analysis
Ownership Overview
11.89% Insiders
14.21% Mutual Funds
11.68% Other Institutional Investors
49.22% Public Companies and Individual Investors