Lemonade, Inc. (LMND)

Lemonade Stock Forecast

Stock Price Forecast

The 12 analysts that cover Lemonade stock have a consensus rating of "Hold" and an average price target of $38.33, which forecasts a -28.31% decrease in the stock price over the next year. The lowest target is $14 and the highest is $60.

Price Target: $38.33 (-28.31%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$14	$38.33	$42	$60
Change	-73.82%	-28.31%	-21.45%	+12.21%

Analyst Ratings

The average analyst rating for Lemonade stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	0	0	0	0	0	0
Buy	3	3	3	3	3	3
Hold	2	2	2	3	3	3
Sell	4	4	6	6	6	6
Strong Sell	0	0	0	0	0	0
Total	9	9	11	12	12	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Bob Huang Morgan Stanley	Morgan Stanley	Sell Maintains $43 → $45	Sell	Maintains	$43 → $45	-15.84%	Oct 7, 2025
John Barnidge Piper Sandler	Piper Sandler	Hold Maintains $55 → $60	Hold	Maintains	$55 → $60	+12.21%	Sep 17, 2025
Jack Matten BMO Capital	BMO Capital	Sell Maintains $23 → $42	Sell	Maintains	$23 → $42	-21.45%	Aug 18, 2025
John Barnidge Piper Sandler	Piper Sandler	Hold Initiates $55	Hold	Initiates	$55	+2.86%	Aug 14, 2025
Bob Huang Morgan Stanley	Morgan Stanley	Sell Maintains $24 → $26	Sell	Maintains	$24 → $26	-51.37%	Jul 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

728.03M

Increased by 38.28%

from 526.50M

Revenue Next Year

1.18B

Increased by 62.22%

from 728.03M

EPS This Year

-2.66

from -2.85

EPS Next Year

-1.75

from -2.66

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	94.40M	128.40M	256.70M	429.80M	526.50M	728.03M	1.18B
Revenue Growth	40.27%	36.02%	99.92%	67.43%	22.50%	38.28%	62.22%
EPS	-3.63	-3.94	-4.59	-3.40	-2.85	-2.66	-1.75
EPS Growth	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	13	13

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	768.1M	1.3B
Avg	728.0M	1.2B
Low	681.1M	992.3M

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	45.9%	75.5%
Avg	38.3%	62.2%
Low	29.4%	36.3%

EPS Forecast

EPS	2025	2026	2027
High	-2.61	-1.31
Avg	-2.66	-1.75
Low	-2.72	-2.06

EPS Growth

EPS Growth	2025	2026	2027
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.