Lemonade, Inc. (LMND)
NYSE: LMND · IEX Real-Time Price · USD
17.97
+0.27 (1.53%)
May 17, 2024, 4:00 PM EDT - Market closed
Lemonade Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Lemonade stock have an average target of 18.86, with a low estimate of 9.00 and a high estimate of 40. The average target predicts an increase of 4.95% from the current stock price of 17.97.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lemonade stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 4 | 4 | 3 | 4 | 4 | 4 |
| Sell | 4 | 4 | 4 | 4 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 9 | 10 | 9 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains $14 → $16 | Sell | Maintains | $14 → $16 | -10.96% | May 7, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +0.17% | May 2, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $40 | Buy | Reiterates | $40 | +122.59% | Apr 15, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | +0.17% | Mar 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $17 | Hold | Reiterates | $17 | -5.40% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
526.05M
from 429.80M
Increased by 22.39%
Revenue Next Year
675.94M
from 526.05M
Increased by 28.49%
EPS This Year
-3.20
from -3.40
EPS Next Year
-2.71
from -3.20
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 560.7M | 760.3M | 893.5M | 1.1B |
| Avg | 526.1M | 675.9M | 814.3M | 1.1B |
| Low | 497.2M | 581.4M | 730.8M | 1.0B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 30.5% | 44.5% | 32.2% | 38.0% |
| Avg | 22.4% | 28.5% | 20.5% | 34.0% |
| Low | 15.7% | 10.5% | 8.1% | 28.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.96 | -2.29 | -1.34 |
| Avg | -3.20 | -2.71 | -1.80 |
| Low | -3.30 | -2.98 | -2.21 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.