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Added to YB: 2026-02-24

Pitch date: 2026-02-20

LMND [neutral]

Lemonade, Inc.

-11.7%

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

$4.4B

Pitch Price

$57.20

Price Target

685.00 (+1256%)

Dividend

N/A

EV/EBITDA

-28.22

P/E

-25.61

EV/Sales

5.57

Sector

Insurance

Category

growth

Show full summary:
LMND Q4 Earnings Review: An Updated Bull Case

LMND (earnings): Q4 beat w/ 31% IFP growth to $1.24B (9th straight quarter acceleration), 73% gross profit growth, $37M adj FCF, nearing Q4'26 EBITDA+ target set in '22. 4x+ LTV/CAC driven by cross-sell (50%+ car customers existing users). Tesla FSD integration = 50% lower premium vs human miles. Model projects $469-$685/share by 2035 on 25% IFP CAGR, 11-16% op margin.

Read full article (10 min)