Symbols / LMND
LMND Chart
About
Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company offers renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products. It also provides insurance for stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Insurance - Property & C | Market Cap | 3.87B |
| Enterprise Value | 3.71B | Income | -165.50M | Sales | 737.90M |
| Book/sh | 7.03 | Cash/sh | 5.41 | Dividend Yield | — |
| Payout | 0.00% | Employees | — | IPO | — |
| P/E | — | Forward P/E | -136.45 | PEG | — |
| P/S | 5.25 | P/B | 7.38 | P/C | — |
| EV/EBITDA | -25.47 | EV/Sales | 5.03 | Quick Ratio | 1.00 |
| Current Ratio | 1.38 | Debt/Eq | 29.63 | LT Debt/Eq | — |
| EPS (ttm) | -2.37 | EPS next Y | -0.38 | EPS Growth | — |
| Revenue Growth | 53.30% | Earnings | 2026-05-05 | ROA | -5.33% |
| ROE | -29.37% | ROIC | — | Gross Margin | 52.98% |
| Oper. Margin | -9.03% | Profit Margin | -22.43% | Shs Outstand | 74.73M |
| Shs Float | 70.29M | Short Float | 21.10% | Short Ratio | 5.35 |
| Short Interest | — | 52W High | 99.90 | 52W Low | 24.31 |
| Beta | 2.05 | Avg Volume | 2.51M | Volume | 2.17M |
| Target Price | $65.78 | Recom | Hold | Prev Close | $52.22 |
| Price | $51.85 | Change | -0.71% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$65.78
Mean price target
2. Current target
$51.85
Latest analyst target
3. DCF / Fair value
$-43.44
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$51.85
Low
$33.00
High
$98.00
Mean
$65.78
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-02-24 | main | Keefe, Bruyette & Woods | Underperform → Underperform | $44 |
| 2026-01-14 | main | Cantor Fitzgerald | Overweight → Overweight | $92 |
| 2026-01-06 | init | Truist Securities | — → Buy | $98 |
| 2025-11-25 | main | Keefe, Bruyette & Woods | Underperform → Underperform | $40 |
| 2025-11-24 | main | Citizens | Market Outperform → Market Outperform | $80 |
| 2025-11-17 | main | Morgan Stanley | Underweight → Underweight | $53 |
| 2025-11-10 | main | Morgan Stanley | Underweight → Underweight | $49 |
| 2025-10-10 | main | Piper Sandler | Neutral → Neutral | $55 |
| 2025-10-07 | main | Morgan Stanley | Underweight → Underweight | $45 |
| 2025-09-17 | main | Piper Sandler | Neutral → Neutral | $60 |
| 2025-08-18 | main | BMO Capital | Underperform → Underperform | $42 |
| 2025-07-14 | main | Morgan Stanley | Underweight → Underweight | $26 |
| 2025-07-02 | main | BMO Capital | Underperform → Underperform | $23 |
| 2025-07-01 | reit | Keefe, Bruyette & Woods | Underperform → Underperform | $26 |
| 2025-04-22 | main | Keefe, Bruyette & Woods | Underperform → Underperform | $22 |
| 2025-04-08 | down | Morgan Stanley | Equal-Weight → Underweight | $24 |
| 2025-02-26 | reit | Citizens Capital Markets | Market Outperform → Market Outperform | $60 |
| 2025-02-26 | main | Piper Sandler | Neutral → Neutral | $34 |
| 2024-11-22 | main | JMP Securities | Market Outperform → Market Outperform | $60 |
| 2024-11-21 | main | BMO Capital | Underperform → Underperform | $15 |
- 1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $60 and Hold for the Long Term - The Motley Fool ue, 24 Feb 2026 14
- Lemonade slides 11.9% as investors digest post-earnings outlook and analyst caution - Quiver Quantitative Mon, 23 Feb 2026 21
- Lemonade (LMND) Is Down 19.2% After Record 2025 Revenue But Ongoing EBITDA Loss Outlook - What's Changed - Yahoo Finance Wed, 25 Feb 2026 18
- How Lemonade Stock Gained 22% Last Month - AOL.com Wed, 25 Feb 2026 17
- LMND Stock Pulls Back 12% After Q4 Revenue Beat: What It Means for Valuation in 2026 - TIKR.com ue, 24 Feb 2026 21
- Lemonade stock jumps amid impressive Q4 earnings beat, robust 2026 guidance (LMND:NYSE) - Seeking Alpha hu, 19 Feb 2026 12
- Lemonade (NYSE:LMND) Shares Gap Up After Better-Than-Expected Earnings - MarketBeat hu, 19 Feb 2026 15
- This Bull Signal Has Never Failed Lemonade Stock - Schaeffer's Investment Research ue, 24 Feb 2026 07
- Lemonade (LMND) Valuation Check After Record Quarter And AI Car Insurance Updates - simplywall.st Wed, 25 Feb 2026 06
- Why Lemonade Stock Jumped and Crashed Today - Nasdaq hu, 19 Feb 2026 18
- LMND Q4 Loss Narrower Than Expected on Solid Underwriting - Zacks Investment Research Mon, 23 Feb 2026 17
- Why Lemonade Stock Jumped and Crashed Today - The Motley Fool hu, 19 Feb 2026 18
- These 3 Stocks with High Short Interest Have Been Explosive - AOL.com Wed, 25 Feb 2026 09
- Lemonade (NYSE:LMND) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says - MarketBeat ue, 24 Feb 2026 16
- Lemonade: AI Is A Net Tailwind As 2027 Profitability Remains In Sight (NYSE:LMND) - Seeking Alpha Mon, 23 Feb 2026 20
Insider Transactions
| Date | Shares | Value | Url | Text | Insider | Position | Transaction | Start Date | Ownership |
|---|---|---|---|---|---|---|---|---|---|
| 0 | 11845 | 137520 | — | Conversion of Exercise of derivative security at price 11.61 per share. | PETERS JOHN SHELDON | Officer | — | 2026-02-12 00:00:00 | D |
| 1 | 9108 | 902056 | — | Sale at price 99.04 per share. | SCHREIBER DANIEL A | Chief Executive Officer | — | 2026-01-23 00:00:00 | I |
| 2 | 126625 | 11996452 | — | Sale at price 94.74 per share. | SCHREIBER DANIEL A | Chief Executive Officer | — | 2026-01-22 00:00:00 | I |
| 3 | 9000 | 810000 | — | Sale at price 90.00 per share. | PETERS JOHN SHELDON | Officer | — | 2026-01-22 00:00:00 | D |
| 4 | 18457 | 97084 | — | Conversion of Exercise of derivative security at price 5.26 per share. | PETERS JOHN SHELDON | Officer | — | 2026-01-08 00:00:00 | D |
| 5 | 10000 | 800000 | — | Sale at price 80.00 per share. | PETERS JOHN SHELDON | Officer | — | 2026-01-06 00:00:00 | D |
| 6 | 7919 | 666384 | — | Sale at price 84.15 per share. | ECKSTEIN ADINA | Chief Operating Officer | — | 2025-12-11 00:00:00 | D |
| 7 | 4200 | 351078 | — | Sale at price 83.59 per share. | SCHWARTZ DEBRA | Director | — | 2025-12-11 00:00:00 | D |
| 8 | 3554 | 287874 | — | Sale at price 81.00 per share. | PETERS JOHN SHELDON | Officer | — | 2025-12-10 00:00:00 | D |
| 9 | 7919 | 642627 | — | Sale at price 81.15 per share. | ECKSTEIN ADINA | Chief Operating Officer | — | 2025-12-10 00:00:00 | D |
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 0.00 | 0.00 | 0.00 | 0.00 |
| TaxRateForCalcs | 0.01 | 0.21 | 0.21 | 0.27 |
| NetIncomeFromContinuingOperationNetMinorityInterest | -202.20M | -236.90M | -297.80M | -241.30M |
| ReconciledDepreciation | 20.00M | 20.00M | 12.20M | 3.70M |
| InterestIncome | 8.30M | 4.20M | 1.20M | 400.00K |
| NormalizedIncome | -202.20M | -236.90M | -297.80M | -241.30M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -202.20M | -236.90M | -297.80M | -241.30M |
| TotalExpenses | 730.40M | 659.60M | 551.50M | 362.00M |
| DilutedAverageShares | 71.02M | 69.66M | 64.92M | 61.22M |
| BasicAverageShares | 71.02M | 69.66M | 64.92M | 61.22M |
| DilutedEPS | -2.85 | -3.40 | -4.59 | -3.94 |
| BasicEPS | -2.85 | -3.40 | -4.59 | -3.94 |
| DilutedNIAvailtoComStockholders | -202.20M | -236.90M | -297.80M | -241.30M |
| NetIncomeCommonStockholders | -202.20M | -236.90M | -297.80M | -241.30M |
| NetIncome | -202.20M | -236.90M | -297.80M | -241.30M |
| NetIncomeIncludingNoncontrollingInterests | -202.20M | -236.90M | -297.80M | -241.30M |
| NetIncomeContinuousOperations | -202.20M | -236.90M | -297.80M | -241.30M |
| TaxProvision | -1.70M | 7.10M | 3.00M | 7.70M |
| PretaxIncome | -203.90M | -229.80M | -294.80M | -233.60M |
| OtherOperatingExpenses | 85.80M | 88.80M | 79.60M | 51.80M |
| SellingGeneralAndAdministration | 290.80M | 231.20M | 260.60M | 214.20M |
| SellingAndMarketingExpense | 166.30M | 101.90M | 138.30M | 141.60M |
| GeneralAndAdministrativeExpense | 124.50M | 129.30M | 122.30M | 72.60M |
| OtherGandA | 124.50M | 129.30M | 122.30M | 72.60M |
| TotalRevenue | 526.50M | 429.80M | 256.70M | 128.40M |
| OperatingRevenue | 526.50M | 429.80M | 256.70M | 128.40M |
| LossAdjustmentExpense | 323.30M | 317.80M | 211.30M | 96.00M |
| NetPolicyholderBenefitsAndClaims | 323.30M | 317.80M | 211.30M | 96.00M |
| PolicyholderBenefitsGross | 651.30M | 606.80M | 485.00M | 288.20M |
| PolicyholderBenefitsCeded | 328.00M | 289.00M | 273.70M | 192.20M |
| Line Item | 2023-12-31 | |||
|---|---|---|---|---|
| TreasurySharesNumber | 0.00 | |||
| OrdinarySharesNumber | 72.72M | 70.16M | 69.28M | 61.66M |
| ShareIssued | 72.72M | 70.16M | 69.28M | 61.66M |
| TotalDebt | 107.20M | 43.10M | 35.20M | 22.30M |
| TangibleBookValue | 560.80M | 667.00M | 815.30M | 987.60M |
| InvestedCapital | 676.80M | 723.80M | 866.80M | 988.20M |
| NetTangibleAssets | 560.80M | 667.00M | 815.30M | 987.60M |
| CapitalLeaseObligations | 23.80M | 28.20M | 35.20M | 22.30M |
| CommonStockEquity | 593.40M | 708.90M | 866.80M | 988.20M |
| TotalCapitalization | 676.80M | 723.80M | 866.80M | 988.20M |
| TotalEquityGrossMinorityInterest | 593.40M | 708.90M | 866.80M | 988.20M |
| StockholdersEquity | 593.40M | 708.90M | 866.80M | 988.20M |
| GainsLossesNotAffectingRetainedEarnings | -6.10M | -9.00M | -27.60M | -3.40M |
| OtherEquityAdjustments | -6.10M | -9.00M | -27.60M | -3.40M |
| RetainedEarnings | -1.30B | -1.10B | -859.70M | -561.90M |
| AdditionalPaidInCapital | 1.90B | 1.81B | 1.75B | 1.55B |
| CapitalStock | 0.00 | 0.00 | 0.00 | 0.00 |
| CommonStock | 0.00 | 0.00 | 0.00 | 0.00 |
| TotalLiabilitiesNetMinorityInterest | 1.26B | 924.40M | 823.90M | 522.30M |
| DerivativeProductLiabilities | 0.00 | 300.00K | 0.00 | |
| EmployeeBenefits | 13.20M | 8.40M | 12.80M | 5.40M |
| NonCurrentDeferredLiabilities | 65.60M | 41.40M | 39.70M | 36.50M |
| NonCurrentDeferredRevenue | 65.60M | 41.40M | 39.70M | 36.50M |
| LongTermDebtAndCapitalLeaseObligation | 107.20M | 43.10M | 35.20M | 22.30M |
| LongTermCapitalLeaseObligation | 23.80M | 28.20M | 35.20M | 22.30M |
| LongTermDebt | 83.40M | 14.90M | ||
| PayablesAndAccruedExpenses | 93.90M | 83.30M | 53.60M | 47.40M |
| CurrentAccruedExpenses | 18.50M | 11.20M | 14.30M | 16.40M |
| Payables | 75.40M | 72.10M | 39.30M | 31.00M |
| OtherPayable | 25.00M | 27.10M | 4.90M | 1.20M |
| TotalTaxPayable | 19.30M | 20.40M | 14.90M | 10.10M |
| IncomeTaxPayable | 19.30M | 20.40M | 14.90M | 10.10M |
| AccountsPayable | 31.10M | 24.60M | 19.50M | 19.70M |
| TotalAssets | 1.85B | 1.63B | 1.69B | 1.51B |
| InvestmentsAndAdvances | 634.90M | 673.20M | 750.10M | 801.80M |
| GoodwillAndOtherIntangibleAssets | 32.60M | 41.90M | 51.50M | 600.00K |
| OtherIntangibleAssets | 13.60M | 22.90M | 32.50M | 600.00K |
| Goodwill | 19.00M | 19.00M | 19.00M | 0.00 |
| NetPPE | 31.30M | 34.80M | 46.00M | 33.60M |
| PrepaidAssets | 262.50M | 208.30M | 178.50M | 160.20M |
| Receivables | 475.40M | 383.00M | 362.40M | 231.30M |
| OtherReceivables | 3.80M | 21.10M | 21.00M | 14.50M |
| TaxesReceivable | 0.00 | 1.50M | 5.00M | 0.00 |
| AccountsReceivable | 471.60M | 360.40M | 336.40M | 216.80M |
| CashCashEquivalentsAndShortTermInvestments | 1.01B | 937.70M | 1.03B | 1.07B |
| OtherShortTermInvestments | 634.90M | 673.20M | 750.10M | 801.80M |
| CashAndCashEquivalents | 376.00M | 264.50M | 282.50M | 270.60M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -20.80M | -128.30M | -173.10M | -154.00M |
| RepaymentOfDebt | -27.70M | -4.20M | 0.00 | 0.00 |
| IssuanceOfDebt | 96.10M | 19.10M | 0.00 | 0.00 |
| IssuanceOfCapitalStock | 0.00 | 0.00 | 640.30M | |
| CapitalExpenditure | -9.40M | -9.20M | -10.10M | -9.40M |
| InterestPaidSupplementalData | 5.00M | 300.00K | 0.00 | 0.00 |
| IncomeTaxPaidSupplementalData | 2.50M | 700.00K | 3.40M | 3.20M |
| EndCashPosition | 385.70M | 271.50M | 286.50M | 270.60M |
| BeginningCashPosition | 271.50M | 286.50M | 270.60M | 571.40M |
| EffectOfExchangeRateChanges | -2.70M | 0.00 | -5.80M | -1.00M |
| ChangesInCash | 116.90M | -15.00M | 21.70M | -299.80M |
| FinancingCashFlow | 87.70M | 15.40M | 3.60M | 649.60M |
| CashFlowFromContinuingFinancingActivities | 87.70M | 15.40M | 3.60M | 649.60M |
| ProceedsFromStockOptionExercised | 19.30M | 500.00K | 3.60M | 9.30M |
| NetPreferredStockIssuance | 0.00 | |||
| PreferredStockIssuance | 0.00 | |||
| NetCommonStockIssuance | 0.00 | 0.00 | 640.30M | |
| CommonStockIssuance | 0.00 | 0.00 | 640.30M | |
| NetIssuancePaymentsOfDebt | 68.40M | 14.90M | 0.00 | 0.00 |
| NetLongTermDebtIssuance | 68.40M | 14.90M | ||
| LongTermDebtPayments | -27.70M | -4.20M | 0.00 | 0.00 |
| LongTermDebtIssuance | 96.10M | 19.10M | 0.00 | 0.00 |
| InvestingCashFlow | 40.60M | 88.70M | 181.10M | -804.80M |
| CashFlowFromContinuingInvestingActivities | 40.60M | 88.70M | 181.10M | -804.80M |
| NetInvestmentPurchaseAndSale | 50.00M | 97.90M | 92.40M | -795.40M |
| SaleOfInvestment | 413.80M | 493.10M | 362.50M | 47.40M |
| PurchaseOfInvestment | -363.80M | -395.20M | -270.10M | -842.80M |
| NetBusinessPurchaseAndSale | 0.00 | 0.00 | 98.80M | 0.00 |
| SaleOfBusiness | 0.00 | 0.00 | 98.80M | 0.00 |
| NetIntangiblesPurchaseAndSale | 0.00 | |||
| PurchaseOfIntangibles | 0.00 | |||
| NetPPEPurchaseAndSale | -9.40M | -9.20M | -10.10M | -9.40M |
| PurchaseOfPPE | -9.40M | -9.20M | -10.10M | -9.40M |
| OperatingCashFlow | -11.40M | -119.10M | -163.00M | -144.60M |
| CashFlowFromContinuingOperatingActivities | -11.40M | -119.10M | -162.70M | -144.60M |
| ChangeInWorkingCapital | 101.10M | 28.70M | 47.90M | 46.90M |
| ChangeInOtherWorkingCapital | 24.20M | 1.70M | 3.20M | 14.10M |
| ChangeInOtherCurrentLiabilities | 6.20M | 15.00M | 4.90M | 38.60M |
| ChangeInOtherCurrentAssets | 21.20M | 8.90M | -7.00M | -38.60M |
| ChangeInPayablesAndAccruedExpense | 4.50M | 4.30M | -13.10M | 5.30M |
| ChangeInPayable | 4.50M | 4.30M | -13.10M | 5.30M |
| ChangeInAccountPayable | 4.50M | 4.30M | -13.10M | 5.30M |
| ChangeInPrepaidAssets | -57.30M | -31.80M | -14.90M | -58.30M |
| ChangeInReceivables | -122.20M | -32.10M | -96.40M | -88.00M |
| ChangesInAccountReceivables | -122.20M | -32.10M | -96.40M | -88.00M |
| OtherNonCashItems | 11.00M | 8.10M | 8.70M | 6.20M |
| StockBasedCompensation | 64.50M | 59.90M | 59.30M | 44.10M |
| UnrealizedGainLossOnInvestmentSecurities | 0.00 | 0.00 | ||
| AssetImpairmentCharge | 300.00K | 3.70M | 0.00 | 0.00 |
| AmortizationOfSecurities | -6.10M | -2.60M | 6.70M | -4.20M |
| DepreciationAndAmortization | 20.00M | 20.00M | 12.20M | 3.70M |
| AmortizationCashFlow | 9.30M | |||
| AmortizationOfIntangibles | 9.30M | |||
| Depreciation | 10.70M | 3.70M | ||
| NetIncomeFromContinuingOperations | -202.20M | -236.90M | -297.80M | -241.30M |
SEC Filings
Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.
Public Trades for LMND
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|