Lemonade, Inc. (LMND)
NYSE: LMND · IEX Real-Time Price · USD
17.66
+0.25 (1.44%)
At close: Apr 25, 2024, 4:00 PM
17.68
+0.02 (0.11%)
After-hours: Apr 25, 2024, 4:21 PM EDT
Lemonade Stock Forecast
Stock Price Forecast
The 8 analysts with 12-month price forecasts for Lemonade stock have an average target of 20.88, with a low estimate of 9.00 and a high estimate of 40. The average target predicts an increase of 18.23% from the current stock price of 17.66.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Lemonade stock from 9 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 4 | 4 | 4 | 3 | 4 | 4 |
| Sell | 4 | 4 | 4 | 4 | 4 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 9 | 10 | 9 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Buy Reiterates $40 | Buy | Reiterates | $40 | +126.50% | Apr 15, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $16 → $18 | Hold | Maintains | $16 → $18 | +1.93% | Mar 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Reiterates $17 | Hold | Reiterates | $17 | -3.74% | Feb 29, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $13 → $14 | Sell | Maintains | $13 → $14 | -20.72% | Feb 28, 2024 |
| Oppenheimer | Oppenheimer | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Dec 1, 2023 |
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 |
|---|---|---|---|
| High | 560.7M | 760.3M | 893.5M |
| Avg | 526.1M | 675.9M | 814.3M |
| Low | 497.2M | 581.4M | 730.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.5% | 44.5% | 32.2% |
| Avg | 22.4% | 28.5% | 20.5% |
| Low | 15.7% | 10.5% | 8.1% |
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.