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Added to YB: 2024-12-20

Pitch date: 2024-12-19

LMND [bullish]

Lemonade, Inc.

+107.71%

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, and the United Kingdom.

Market Cap

$5.3B

Pitch Price

$37.48

Price Target

N/A

Dividend

N/A

EV/EBITDA

-36.59

P/E

-29.66

EV/Sales

7.71

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)