lemonade stock target price

Is LMND stock a Buy or Sell?

Out of 8 analysts, 0 (0%) are recommending LMND as a Strong Buy, 3 (37.5%) are recommending LMND as a Buy, 3 (37.5%) are recommending LMND as a Hold, 2 (25%) are recommending LMND as a Sell, and 0 (0%) are recommending LMND as a Strong Sell. What is LMND's earnings growth forecast for 2022-2024?

Is Lemonade a hold?

Lemonade has received a consensus rating of Hold.

Is LMND overvalued?

While the company has executed well on its growth strategy and multiple drivers are supporting continued growth in 2021, the stock is heavily overvalued. The company trades at nearly an 80x forward revenue multiple.

Is Lemonade stock a buy Zacks?

Zacks' proprietary data indicates that Lemonade, Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the LMND shares relative to the market in the next few months.

Will LMND go up?

Lemonade's growth is truly an ocean of opportunity, even if the insurance industry is highly competitive. It grew its customer count 45% year over year in the 2021 third quarter, showing that Lemonade is succeeding at bringing customers on board.

Is lemonade undervalued?

The current year Enterprise Value is expected to grow to about 3 B, whereas Free Cash Flow is forecasted to decline to (158.1 M). Lemonade secures a last-minute Real Value of $28.38 per share. The latest price of the firm is $19.14. At this time, the firm appears to be undervalued.

Will LMND recover?

LMND stock does not look like a buy for the near term. But if you have a high-risk appetite and a long-term vision, this stock could be a winner. However, do not expect returns in the near term. It will take a lot of time for LMND stock to recover and start the upward journey.

Is lemonade stock a good buy?

The value of Lemonade's in-force premiums soared 78% year-over-year in the fourth quarter of 2021, versus the same period a year earlier. Moreover, its revenue jumped 100% YOY in Q4. Additionally, the insurer's “Premium per customer” climbed 25% YOY.

Why is LMND dropping?

Shares of digital insurance company Lemonade (NYSE: LMND) fell 24% in January according to data provided by S&P Global Market Intelligence. The company's stock has been falling for months, and it was a victim of the broader tech stock sell-off and market volatility that continued into January.

What is Zacks rating of VZ?

Zacks Rank 3- Hold. Zacks' proprietary data indicates that Verizon Communications Inc. is currently rated as a Zacks Rank 3 and we are expecting an inline return from the VZ shares relative to the market in the next few months.

What is lemonade good for?

Lemonade boosts the immune system Not only does it provide us with our daily source of Vitamin C, but the benefits of lemonade are also seen in its antioxidizing qualities. Lemons provide antioxidants, keeping us healthy and able to battle sickness. As a bonus, antioxidants also help keep our skin fresh!

Can you drink Old lemonade?

How can you tell if opened lemonade is bad or spoiled? The best way is to smell and look at the lemonade: if the lemonade develops an off odor, flavor or appearance it should be discarded.

Can lemonade sit out at room temperature?

Lemonade left out for two hours or more (including overnight) should be discarded unless it's in an unopened, shelf-stable package. Even if the lemonade lacks any signs of spoilage, it could have unsafe levels of bacteria and toxins produced by those bacteria.

How long is lemonade good for?

LEMONADE, SOLD IN REFRIGERATED CARTON - UNOPENED Unopened lemonade will generally stay at best quality for about 1 week after the date on the package, assuming it has been continuously refrigerated.

Should I buy or sell Lemonade stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 2 sell ratings, 2...

What is Lemonade's stock price forecast for 2022?

7 equities research analysts have issued twelve-month price targets for Lemonade's stock. Their forecasts range from $22.00 to $53.00. On average,...

How has Lemonade's stock price performed in 2022?

Lemonade's stock was trading at $42.11 at the beginning of the year. Since then, LMND shares have decreased by 57.7% and is now trading at $17.81....

When is Lemonade's next earnings date?

Lemonade is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022. View our earnings forecast for Lemonade .

How were Lemonade's earnings last quarter?

Lemonade, Inc. (NYSE:LMND) announced its quarterly earnings results on Monday, May, 9th. The company reported ($1.21) earnings per share for the qu...

What guidance has Lemonade issued on next quarter's earnings?

Lemonade updated its second quarter 2022 earnings guidance on Monday, June, 6th. The company provided EPS guidance of for the period. The company i...

Who are Lemonade's key executives?

Lemonade's management team includes the following people: Mr. Daniel Asher Schreiber , Co-Founder, Chairman & Co-CEO (Age 51, Pay $373.74k) Mr....

What is Daniel Schreiber's approval rating as Lemonade's CEO?

121 employees have rated Lemonade CEO Daniel Schreiber on Glassdoor.com . Daniel Schreiber has an approval rating of 99% among Lemonade's employee...

Who are some of Lemonade's key competitors?

Some companies that are related to Lemonade include Enstar Group (ESGR) , White Mountains Insurance Group (WTM) , Kemper (KMPR) , Mercury Gener...

About Lemonade

Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products cover 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.

Lemonade (NYSE:LMND) Frequently Asked Questions

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last year. There are currently 3 sell ratings, 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Lemonade stock.

Stock Price Forecast

The 6 analysts offering 12-month price forecasts for Lemonade Inc have a median target of 31.50, with a high estimate of 95.00 and a low estimate of 21.00. The median estimate represents a +33.87% increase from the last price of 23.53.

Analyst Recommendations

The current consensus among 7 polled investment analysts is to Buy stock in Lemonade Inc. This rating has held steady since February, when it was upgraded from a Hold rating. Move your mouse over past months for detail