Lemonade, Inc. (LMND)
NYSE: LMND · IEX Real-Time Price · USD
16.07
-0.39 (-2.37%)
At close: Jul 2, 2024, 4:00 PM
16.10
+0.03 (0.19%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Lemonade Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Lemonade stock have an average target of 19.17, with a low estimate of 9.00 and a high estimate of 40. The average target predicts an increase of 19.29% from the current stock price of 16.07.
Analyst Consensus: Hold
* Price targets were last updated on May 7, 2024.
Analyst Ratings
The average analyst rating for Lemonade stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 3 | 4 | 4 | 4 | 4 | 3 |
| Sell | 4 | 4 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 9 | 10 | 9 | 8 | 8 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Sell Maintains $14 → $16 | Sell | Maintains | $14 → $16 | -0.44% | May 7, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $17 → $18 | Hold | Maintains | $17 → $18 | +12.01% | May 2, 2024 |
| JMP Securities | JMP Securities | Buy Reiterates $40 | Buy | Reiterates | $40 | +148.91% | Apr 15, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | +12.01% | Mar 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $17 | Hold | Reiterates | $17 | +5.79% | Feb 29, 2024 |
Financial Forecast
Revenue This Year
526.05M
from 429.80M
Increased by 22.39%
Revenue Next Year
676.16M
from 526.05M
Increased by 28.54%
EPS This Year
-3.06
from -3.40
EPS Next Year
-2.47
from -3.06
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 547.5M | 758.9M | 955.0M | 1.1B |
| Avg | 526.1M | 676.2M | 862.4M | 1.1B |
| Low | 502.4M | 601.4M | 721.5M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 27.4% | 44.3% | 41.2% | 31.5% |
| Avg | 22.4% | 28.5% | 27.5% | 27.8% |
| Low | 16.9% | 14.3% | 6.7% | 22.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.95 | -2.21 | -1.31 |
| Avg | -3.06 | -2.47 | -1.72 |
| Low | -3.28 | -2.73 | -2.10 |
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.