Lemonade (LMND) Stock Price, News & Analysis

Company Overview

Lemonade, Inc. (NYSE: LMND) is a New York–based technology-driven insurance carrier that leverages artificial intelligence and behavioral economics to streamline the purchase and management of policies. Founded in 2015, the company offers renters, homeowners, pet, term life and car insurance products tailored for digitally savvy consumers. By automating underwriting and claims processing through chatbots and machine learning, Lemonade aims to deliver a more transparent and user-friendly experience than traditional insurers.

The company’s product suite includes standalone policies for renters and homeowners, customizable pet insurance plans, and term life coverage with simple online applications. In select U.S. states, Lemonade has expanded into auto insurance, integrating telematics and data analytics to refine premium pricing and risk assessment. Through its mobile app and web platform, customers can obtain quotes in minutes, report claims instantly and track the status of payouts in real time.

Since its launch, Lemonade has extended its geographic footprint beyond the United States into several European markets, including Germany, the Netherlands and France. The firm operates under local regulatory frameworks in each country, partnering with reinsurers to underwrite risk and ensure capital adequacy. Leadership is headed by co-founders Daniel Schreiber (CEO) and Shai Wininger (Chairman), who bring prior experience in tech startups and software development to the insurance sector.

Lemonade’s business model departs from conventional insurance by charging a fixed fee from collected premiums and allocating unclaimed funds to causes chosen by its policyholders. This “Giveback” program is designed to align incentives between the company and its customers. In addition to direct-to-consumer offerings, Lemonade has begun piloting embedded insurance solutions, enabling digital platforms and real-estate partners to integrate coverage at the point of sale or rental.

Key Stats

• Today's Range: $48.13 to $51.64
• 50-Day Range: $36.31 to $59.97
• 52-Week Range: $15.27 to $60.41
• Volume: 1.44 million shs
• Average Volume: 2.43 million shs
• Market Capitalization: $3.71 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $40.43
• Consensus Rating: Reduce

Lemonade Stock Analysis - MarketRank™

Lemonade scored higher than 57% of companies evaluated by MarketBeat, and ranked 540th out of 925 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Lemonade has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 1 hold rating, and 4 sell ratings.

Downside Risk

Lemonade has a consensus price target of $40.43, representing about 19.5% downside from its current price of $50.22.

Amount of Analyst Coverage

Lemonade has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Lemonade are expected to grow in the coming year, from ($3.03) to ($2.80) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lemonade is -17.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lemonade is -17.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Lemonade has a P/B Ratio of 6.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

28.24% of the float of Lemonade has been sold short.

Short Interest Ratio / Days to Cover

Lemonade has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Lemonade has recently decreased by 4.41%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lemonade does not currently pay a dividend.

Dividend Growth

Lemonade does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.2 / 5
• Environmental Score: -0.76

Percentage of Shares Shorted

28.24% of the float of Lemonade has been sold short.

Short Interest Ratio / Days to Cover

Lemonade has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Lemonade has recently decreased by 4.41%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.6 / 5
• News Sentiment: -0.05

News Sentiment

Lemonade has a news sentiment score of -0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.96 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Lemonade this week, compared to 1 article on an average week.

Search Interest

Only 23 people have searched for LMND on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.

MarketBeat Follows

9 people have added Lemonade to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lemonade insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $915,455.00 in company stock.

Percentage Held by Insiders

14.70% of the stock of Lemonade is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

80.30% of the stock of Lemonade is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LMND Stock Analysis - Frequently Asked Questions

How have LMND shares performed this year?

Lemonade's stock was trading at $36.68 at the beginning of the year. Since then, LMND shares have increased by 36.9% and is now trading at $50.22.

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) issued its earnings results on Tuesday, August, 5th. The company reported ($0.60) earnings per share for the quarter, topping the consensus estimate of ($0.81) by $0.21. The firm's quarterly revenue was up 34.5% on a year-over-year basis.
Read the conference call transcript.

When did Lemonade IPO?

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

Who are Lemonade's major shareholders?

Top institutional shareholders of Lemonade include State Street Corp (2.19%), Geode Capital Management LLC (1.77%), Bank of America Corp DE (1.34%) and Jump Financial LLC (0.79%). Insiders that own company stock include Softbank Group Capital Ltd, Timothy E Bixby, Adina Eckstein, John Sheldon Peters, Michael A Eisenberg, Maria Angelidis-Smith and Maya Prosor.
View institutional ownership trends.

How do I buy shares of Lemonade?

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.

What other stocks do shareholders of Lemonade own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lemonade investors own include NVIDIA (NVDA), CrowdStrike (CRWD), Salesforce (CRM), Meta Platforms (META), Tesla (TSLA), PayPal (PYPL).

Company Calendar

• Last Earnings: 8/05/2025
• Today: 9/06/2025
• Next Earnings (Estimated): 10/29/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: INS - MULTI LINE
• Sub-Industry: Insurance
• Current Symbol: NYSE:LMND
• CIK: 1691421
• Web: www.lemonade.com
• Phone: 844-733-8666
• Fax: N/A
• Employees: 1,235
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Lemonade: $40.43
• High Price Target: $60.00
• Low Price Target: $14.00
• Potential Upside/Downside: -19.5%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.86
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.83)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$202.20 million
• Net Margins: -33.96%
• Pretax Margin: -34.56%
• Return on Equity: -36.12%
• Return on Assets: -10.93%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.89
• Quick Ratio: 0.89

Sales & Book Value

• Annual Sales: $526.50 million
• Price / Sales: 7.05
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.31 per share
• Price / Book: 6.04

Miscellaneous

• Outstanding Shares: 73,890,000
• Free Float: 63,025,000
• Market Cap: $3.71 billion
• Optionable: Optionable
• Beta: 2.28