Lemonade Inc (LMND · NYSE)
LMND · MARKET VIEW
Market view · as of Sep 21, 2026
Price (last ~year)
Lemonade shares have fallen sharply, down 17.6% over three months and 51.2% from their 52-week high to $47.09, leaving the stock 25.7% below its 200-day moving average with an RSI of 31. The company continues to post losses — Q2 net income of -$43.4M on revenue of $274.0M (up 79.4% YoY) — though it beat or met estimates in all of its last four earnings reports, and management targets its first EBITDA-positive quarter in Q4 with GAAP breakeven projected roughly a year later. Balance sheet cash of $367.6M exceeds total debt of $206.4M, and quarterly operating cash burn has narrowed to -$3.4M. A federal court approved a $10.5M class action settlement over a data-leak flaw in its quote platform, while CFO Tim Bixby is transitioning to the board.
Valuation
- Market cap
- $3.64B
- P/B
- 7.3
- P/S
- 3.738
- Beta
- 1.868
- Analyst target
- $59.22
Quality & returns
- Gross margin
- 51.7%
- Operating margin
- -11.8%
- Profit margin
- -14.2%
- ROE
- -27.0%
- ROA
- -3.3%
Price movement
- Last
- $47.09
- 1-month
- -7.1%
- 3-month
- -17.6%
- RSI (14)
- 31
- vs SMA200
- -25.7%
- 52-wk position
- 0.0% -51.2% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $274.0M | $-41.8M | $-43.4M | $-39.4M |
| 2026-03-31 | $234.4M | $-34.6M | $-35.8M | $-31.9M |
| 2025-12-31 | $228.1M | $-20.6M | $-21.7M | $-18.0M |
| 2025-09-30 | $194.5M | $-36.3M | $-37.5M | $-32.9M |
Recent news
- Somewhat-Bullish Lemonade Targets First EBITDA-Positive Quarter as CFO Tim Bixby Transitions to Board · 2026-09-18
- Somewhat-Bearish Baird Financial Group Inc. Acquires Shares of 54,257 Lemonade, Inc. $LMND · 2026-09-16
- Neutral Lemonade CFO eyes self-driving car insurance, cross-selling growth · 2026-09-15
- Bearish Lemonade’s $10.5 Million Data-Leak Deal Wins Final Court Nod · 2026-09-11
- Neutral Squarepoint Ops LLC Trims Stock Holdings in Lemonade, Inc. $LMND · 2026-09-10
- Neutral Lemonade, Inc. (NYSE:LMND) Given Consensus Rating of "Hold" by Analysts · 2026-09-09
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)