Lemonade Inc (LMND) stock: 12-month forecast projects 9.62% potential return%

A share price of Lemonade Inc [LMND] is currently trading at $16.52, up 5.76%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LMND shares have gain 16.17% over the last week, with a monthly amount glided 39.17%, and seem to be holding up well over a long-time horizon.

Top 5 EV Tech Stocks to Buy for 2023

The electric vehicle boom is accelerating – and fast. According a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now. Get our free report, "Top 5 EV Tech Stocks to Buy for 2023".

Click Here to Download the FREE Report.


On 9, November 2023, Lemonade Announces Filing of Form S-3 Shelf Registration Statement. In a post published today on Yahoo Finance, Lemonade, Inc. (NYSE: LMND) today announced that it has filed a shelf registration statement on Form S-3 (the “Shelf Registration”) with the Securities and Exchange Commission (the “SEC”).

From an analyst’s perspective:

Lemonade Inc [NYSE: LMND] stock has seen the most recent analyst activity on June 20, 2023, when Morgan Stanley initiated its Underweight rating and assigned the stock a price target of $14.

Lemonade Inc experienced fluctuations in its stock price throughout the past year between $10.27 and $24.81. Currently, Wall Street analysts expect the stock to reach $18.11 within the next 12 months. Lemonade Inc [NYSE: LMND] shares were valued at $16.52 at the most recent close of the market. An investor can expect a potential return of 9.62% based on the average LMND price forecast.

Analyzing the LMND fundamentals

During the last quarter, Lemonade Inc [NYSE:LMND] saw sales of 97.8 billion, an improvement of 71.28%. In this publicly-traded organization, revenue per employee is $140,892, while income per employee is -$217,849. To continue investigating profitability, this company’s Return on Assets is posted at -22.56, Equity is -32.11, Total Capital is -30.83, and Invested Capital is -31.29. An extended look at the Principal structure reveals enduring liabilities to the total capital of 3.90 and enduring liabilities to assets of 2.57.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.63 points at the first support level, and at 14.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.07, and for the 2nd resistance point, it is at 17.61.

Lemonade Inc [LMND] reported earnings per share of -$0.88 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.94/share, meaning a difference of $0.06 and a surprise factor of 6.40%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.97 per share as compared to estimates of -$1.03 per share, a difference of $0.06 representing a surprise of 5.80%.

Ratios To Look Out For

A current ratio of 4.35 is a noteworthy aspect of Lemonade Inc [NYSE:LMND]. Considering the valuation of this stock, the price to sales ratio is 4.61, the price to book ratio is 1.09.

Transactions by insiders

Recent insider trading involved Peters John Sheldon, Chief Insurance Officer, that happened on Jul 17 when 5000.0 shares were sold. Chief Financial Officer, BIXBY TIMOTHY E completed a deal on Jun 05 to sell 1474.0 shares. Meanwhile, Chief Insurance Officer Peters John Sheldon sold 538.0 shares on Jun 05.