Lemonade (LMND) Stock Forecast & Price Target

$46.58 +6.44 (+16.04%)

(As of 11/20/2024 ET)

Lemonade - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce

Based on 7 Analyst Ratings

Sell
2

Hold
4

Buy
1

Based on 7 Wall Street analysts who have issued ratings for Lemonade in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 7 analysts, 2 have given a sell rating, 4 have given a hold rating, and 1 has given a buy rating for LMND.

Consensus Price Target

$26.50
-43.11% Downside

According to the 7 analysts' twelve-month price targets for Lemonade, the average price target is $26.50. The highest price target for LMND is $42.00, while the lowest price target for LMND is $14.00. The average price target represents a forecasted downside of -43.11% from the current price of $46.58.

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LMND Analyst Ratings Over Time

Type	Current Forecast 11/22/23 to 11/21/24	1 Month Ago 10/23/23 to 10/22/24	3 Months Ago 8/24/23 to 8/23/24	1 Year Ago 11/22/22 to 11/22/23
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	4 Hold rating(s)	4 Hold rating(s)	4 Hold rating(s)	2 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	3 Sell rating(s)	3 Sell rating(s)
Consensus Price Target	$26.50	$20.17	$18.86	$12.67
Forecasted Upside	-43.11% Downside	8.13% Upside	1.00% Upside	-23.97% Downside
Consensus Rating	Reduce	Reduce	Reduce	Strong Sell

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LMND Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

LMND Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Lemonade Stock vs. The Competition

Type	Lemonade	Finance Companies	S&P 500
Consensus Rating Score	1.86	2.49	2.50
Consensus Rating	Reduce	Hold	Moderate Buy
Predicted Upside	-43.11% Downside	12.90% Upside	9.81% Upside
News Sentiment Rating	Neutral News See Recent LMND News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/20/2024	Morgan Stanley 3 of 5 stars		Upgrade	Underweight ➝ Equal Weight	$23.00 ➝ $42.00	+4.71%
11/7/2024	Keefe, Bruyette & Woods 4 of 5 stars	T. Mcjoynt-Griff Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Market Perform ➝ Underperform	$18.00 ➝ $21.00	-28.27%
11/1/2024	Piper Sandler 2 of 5 stars		Boost Target	Neutral ➝ Neutral	$18.00 ➝ $25.00	+5.17%
10/15/2024	JMP Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Outperform ➝ Market Outperform	$40.00 ➝ $40.00	+117.16%
10/9/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Underperform ➝ Underperform	$15.00 ➝ $14.00	-12.39%
1/10/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Market Perform	$17.00	-1.76%
Get the Latest News and Ratings for LMND and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Lemonade and its competitors with MarketBeat's FREE daily newsletter.
12/1/2023	Oppenheimer Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Outperform ➝ Market Perform
9/28/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Underperform ➝ Underperform	$8.00 ➝ $9.00	-22.41%
5/9/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$16.00 ➝ $17.00	+4.55%
5/4/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$14.00 ➝ $12.00	+8.21%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:12 AM ET.

LMND Forecast - Frequently Asked Questions

: According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for Lemonade is $26.50, with a high forecast of $42.00 and a low forecast of $14.00.
: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last twelve months. 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.
: According to analysts, Lemonade's stock has a predicted downside of -43.11% based on their 12-month stock forecasts.
: Over the previous 90 days, Lemonade's stock had 1 upgrade and 1 downgrade by analysts.
: Lemonade has been rated by research analysts at Jefferies Financial Group, JMP Securities, Keefe, Bruyette & Woods, Morgan Stanley, and Piper Sandler in the past 90 days.
: Analysts like Lemonade less than other "finance" companies. The consensus rating for Lemonade is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how LMND compares to other companies.

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This page (NYSE:LMND) was last updated on 11/21/2024 by MarketBeat.com Staff

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Lemonade (LMND) Stock Forecast & Price Target