Lemonade (LMND) Stock Price, News & Analysis

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LMND shares.
View LMND analyst ratings or view top-rated stocks.

7 Wall Street analysts have issued 12 month price objectives for Lemonade's shares. Their LMND share price targets range from $9.00 to $40.00. On average, they anticipate the company's stock price to reach $17.11 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price.
View analysts price targets for LMND or view top-rated stocks among Wall Street analysts.

Lemonade's stock was trading at $16.13 at the beginning of the year. Since then, LMND shares have decreased by 1.7% and is now trading at $15.86.
View the best growth stocks for 2024 here.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 30th 2024.
View our LMND earnings forecast.

Lemonade will be holding an earnings conference call on Wednesday, May 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

Lemonade, Inc. (NYSE:LMND) issued its quarterly earnings data on Tuesday, February, 27th. The company reported ($0.61) EPS for the quarter, beating analysts' consensus estimates of ($0.79) by $0.18. The firm had revenue of $115.50 million for the quarter, compared to analysts' expectations of $111.71 million. Lemonade had a negative trailing twelve-month return on equity of 31.29% and a negative net margin of 55.12%. The firm's revenue was up 30.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.93) EPS.

ETFs with the largest weight of Lemonade (NYSE:LMND) stock in their portfolio include Simplify Volt RoboCar Disruption and Tech ETF (VCAR), Innovator IBD 50 ETF (FFTY), SoFi Be Your Own Boss ETF (BYOB), SoFi Be Your Own Boss ETF (GIGE), ROBO Global Artificial Intelligence ETF (THNQ), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), Amplify BlueStar Israel Technology ETF (ITEQ) and VanEck Israel ETF (ISRA).

Lemonade updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $111.0 million-$113.0 million, compared to the consensus revenue estimate of $119.8 million.

121 employees have rated Lemonade Chief Executive Officer Daniel Schreiber on Glassdoor.com. Daniel Schreiber has an approval rating of 99% among the company's employees. This puts Daniel Schreiber in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lemonade investors own include NVIDIA (NVDA), Tesla (TSLA), Teladoc Health (TDOC), CrowdStrike (CRWD), Block (SQ), DocuSign (DOCU), PayPal (PYPL), Zoom Video Communications (ZM), Intel (INTC) and Datadog (DDOG).

Lemonade (LMND) raised $270 million in an initial public offering (IPO) on Thursday, July 2nd 2020. The company issued 11,000,000 shares at $23.00-$26.00 per share. Goldman Sachs, Morgan Stanley, Allen & Company and Barclays Capital acted as the underwriters for the IPO and JMP Securities, Oppenheimer, William Blair and LionTree were co-managers.

Shares of LMND stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.