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Added to YB: 2024-12-20

Pitch date: 2024-12-19

LMND [bullish]

Lemonade, Inc.

+52.21%

current return

Author Info

Lorenzo's 2 cents shares analyses of tech companies. 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

$4.1B

Pitch Price

$37.48

Price Target

N/A

Dividend

N/A

EV/EBITDA

-45.36

P/E

-28.47

EV/Sales

4.60

Sector

Insurance

Category

growth

Show full summary:
Lemonade: The Plan to 10x the Company

LMND: AI-driven insurer aims for $10B IFP, 30% CAGR. Focus on max gross profit over loss ratio. Tech edge: 50 code releases/wk, synthetic agents, telematics. Car insurance key to growth. Expects EBITDA profit 2026, net income 2027. Stock +131% since deep dive. Bias growth over margins for long-term value.

Read full article (4 min)