Lemonade Inc LMND

What the company does

Lemonade Inc is a mid-cap company in the Financial Services sector (Insurance - Property & Casualty), with a market value of $3.5B, based in the USA.

It employs about 1,282 people and has been listed since Jul 02, 2020.

Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom. The company provides renters and homeowners, building, car, pet, and life insurance products, as well as landlord insurance products.

Cheap or expensive? priced in line with its group

The company is loss-making, so it has no P/E — we compare on price-to-sales instead.

Its price-to-sales (P/S) is 3.6 versus 3.3 for the median of the Financial Services sector in our universe (19 companies) — priced in line with its group.

Revenue is growing 79% versus the same quarter last year.

The average analyst price target is 58.44, 29% above the current price (their view, not ours).

The stock sits at 5% of its one-year range (0% = the low, 100% = the high).

The risks

• • The company is loss-making, and its cash covers about 165 quarters at the current burn rate.
• • More cash leaves than comes in (negative free cash flow).
• • The stock is more volatile than average (beta 1.9) — big daily moves both ways.
• • 16% of the float is sold short — part of the market is betting on a decline.
• • The stock is 55% below its one-year high.
• • Quarterly report in 13 days (2026-11-05) — a day the stock can move a lot.

Strengths

• ✅ More cash than debt.
• ✅ Revenue is growing 79% a year.

What changed this week

Over the past week the stock fell 1.0% (for comparison: S&P 500 -1.0%, sector ETF XLF +2.5%).

This week's news

• Lemonade Renters Insurance Expands to Alabama finance.yahoo.com · 2026-10-20
  What the article says

  Alabama Renters Can Now Get Fast, Affordable Coverage Starting at $5 Per Month NEW YORK, Oct. 20, 2026 /PRNewswire/ -- Lemonade (NYSE: LMND), the tech-first insurance company, today announced the availability of its renters insurance in Alabama. The expansion gives renters across the state a simple, fast way to get… source ↗

• 2 Cash-Heavy Stocks with Promising Prospects and 1 Facing Headwinds finance.yahoo.com · 2026-10-20
  What the article says

  2 Cash-Heavy Stocks with Promising Prospects and 1 Facing Headwinds Companies with more cash than debt can be financially resilient, but that doesn't mean they're all strong investments. Some lack leverage because they struggle to grow or generate consistent profits, making them unattractive borrowers. Not all… source ↗

• Lemonade To Announce Third Quarter 2026 Financial Results finance.yahoo.com · 2026-10-19
  What the article says

  NEW YORK, Oct. 19, 2026 /PRNewswire/ -- Lemonade (NYSE: LMND) today announced it will release its third quarter 2026 financial results on Thursday, November 5, 2026 prior to market open, and will host a conference call that same day to discuss the results.Lemonade Insurance Webcast and Conference Call details: Date:… source ↗

• JustAI Reinvents Marketing Around Revenue with a Full-Stack AI Platform finance.yahoo.com · 2026-10-19
  What the article says

  JustAI's one-to-one AI agents build, execute and continuously battle-test marketing campaigns against revenue goals. SAN FRANCISCO, Oct. 19, 2026 /PRNewswire/ -- JustAI today launched its full-stack agentic marketing platform, which brings CRM, orchestration, creative, delivery infrastructure and measurement into a… source ↗

What changed since last week

• New risk flag: earnings report coming up.