Added to YB: 2025-05-12
Pitch date: 2025-05-08
LMND [neutral]
Lemonade, Inc.
+151.21%
current return
Author Info
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Company Info
Lemonade, Inc. provides various insurance products in the United States, Europe, and the United Kingdom.
Market Cap
$5.3B
Pitch Price
$30.99
Price Target
73.00 (-6%)
Dividend
N/A
EV/EBITDA
-36.59
P/E
-29.66
EV/Sales
7.71
Sector
Insurance
Category
growth
Lemonade Shows Strong Growth & Improving Fundamentals
LMND (earnings update): Strong Q1 w/ IFP reaching $1B (+27% YoY), revenue +151M (+27%). TTM GLR 73%, Q1 GLR 78% (59% ex-CAT). CA wildfires added 16pts to loss ratio ($22M hit). Auto growing fastest (+10% QoQ). Cash $996M, FCF+ expected in 2025. EBITDA breakeven by end-2026. $73 intrinsic value vs mid-teens price.
Read full article (6 min)