Lemonade, Inc. (LMND)

Lemonade Stock Forecast

Stock Price Forecast

The 11 analysts that cover Lemonade stock have a consensus rating of "Hold" and an average price target of $32.73, which forecasts a -22.37% decrease in the stock price over the next year. The lowest target is $14 and the highest is $60.

Price Target: $32.73 (-22.37%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$14	$32.73	$26	$60
Change	-66.79%	-22.37%	-38.33%	+42.31%

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	Feb '25	Mar '25	Apr '25	May '25	Jun '25	Jul '25
Strong Buy	0	0	0	0	0	0
Buy	3	3	3	3	3	3
Hold	2	2	2	2	2	2
Sell	3	3	4	4	4	6
Strong Sell	0	0	0	0	0	0
Total	8	8	9	9	9	11

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jack Matten BMO Capital	BMO Capital	Sell Maintains $15 → $23	Sell	Maintains	$15 → $23	-45.45%	Jul 2, 2025
Tommy McJoynt Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Sell Reiterates $22 → $26	Sell	Reiterates	$22 → $26	-38.33%	Jul 1, 2025
Thomas McJoynt-Griffith Keefe, Bruyette & Woods	Keefe, Bruyette & Woods	Sell Maintains $25 → $22	Sell	Maintains	$25 → $22	-47.82%	Apr 22, 2025
Bob Huang Morgan Stanley	Morgan Stanley	Hold → Sell Downgrades $35 → $24	Hold → Sell	Downgrades	$35 → $24	-43.07%	Apr 8, 2025
Arvind Ramnani Piper Sandler	Piper Sandler	Hold Maintains $44 → $34	Hold	Maintains	$44 → $34	-19.35%	Feb 26, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

679.95M

Increased by 29.15%

from 526.50M

Revenue Next Year

893.40M

Increased by 31.39%

from 679.95M

EPS This Year

-2.84

from -2.85

EPS Next Year

-1.98

from -2.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	94.40M	128.40M	256.70M	429.80M	526.50M	679.95M	893.40M	1.17B
Revenue Growth	40.27%	36.02%	99.92%	67.43%	22.50%	29.15%	31.39%	31.30%
EPS	-3.63	-3.94	-4.59	-3.40	-2.85	-2.84	-1.98	-0.91
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	-
No. Analysts	-	-	-	-	-	12	12	6

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

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	730.7M	995.5M	1.3B
Avg	680.0M	893.4M	1.2B
Low	644.8M	828.7M	1.1B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	38.8%	46.4%	45.2%
Avg	29.1%	31.4%	31.3%
Low	22.5%	21.9%	19.7%

EPS Forecast

EPS	2025	2026	2027
High	-2.76	-1.81	-0.46
Avg	-2.84	-1.98	-0.91
Low	-2.84	-2.16	-1.32

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.