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Added to YB: 2026-07-14

Pitch date: 2026-07-11

LMND [bullish]

Lemonade, Inc.

-1.23%

current return

Author Info

Orange Grove Capital looks for asymmetric, high-conviction bets before they become consensus. Sign up for the newsletter.

Company Info

Lemonade, Inc. provides various insurance products in the United States, Europe, Louisiana, and the United Kingdom.

Market Cap

$5.4B

Pitch Price

$71.50

Price Target

282.00 (+300%)

Dividend

N/A

EV/EBITDA

-61.18

P/E

-37.97

EV/Sales

6.21

Sector

Insurance

Category

growth

Show full summary:
I need to grab this opportunity with both hands - $LMND

LMND: AI-native insurer fits all 4 criteria: (1) regulatory moat AI can't challenge, (2) AI perfect fit—GLR cratering below 75%, IFP ~30% CAGR w/ flat opex, (3) undervalued on mgmt projections alone: $720M profit 2030/$2.4B 2034, 30x P/E disc at 12.5%=$12.5-24B NPV (2-4x upside), (4) mgmt never missed guidance.

Read full article (5 min)