Stock AnalizLemonade, Inc. LMND
Property-Casualty Insurers · IPO 2020 · data as of November 13, 2026
Lemonade, Inc. (LMND) is a financial company listed in the US with a market value of about $3.4B. In the twelve months to September 30, 2026 it had revenue of $1.1B and net income of -$145M, a net margin of -13.0%.
Its overall Stock Analiz score is 1.4 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).
Key numbers: a price to free cash flow of 465.3, 5-year revenue growth of 51% a year. A discounted cash flow model with moderate assumptions puts its intrinsic value about 62% below the current price.
Score: 1.4 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- 5-year revenue growth above 8% a year
- More cash than debt, or low debt to equity
- Positive free cash flow
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year average ROIC above 12%
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1B | $738M | $526M | $430M | $257M | $128M | $94M | $67M | $22M |
| Net income | -$145M | -$166M | -$202M | -$237M | -$298M | -$241M | -$122M | -$108M | -$53M |
| Free cash flow | $7M | -$26M | -$21M | -$128M | -$173M | -$154M | -$96M | -$81M | -$42M |
| EPS (diluted) | $-1.87 | $-2.24 | $-2.85 | $-3.40 | $-4.59 | $-3.94 | $-3.63 | $-9.75 | $-4.84 |
| Net margin | -13.0% | -22.4% | -38.4% | -55.1% | -116.0% | -187.9% | -129.6% | -161.2% | -235.1% |
| ROIC | — | — | — | — | — | — | — | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 9 analysts is $55.67, 26% above the current price; targets range from $35.00 to $92.00; the consensus rating is “Hold”; expected EPS is $-1.85 for the fiscal year ending December 31, 2026.
Frequently asked questions
Is Lemonade stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 62% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Lemonade pay a dividend?
Not currently.
Is Lemonade a good stock to buy?
We do not give buy or sell advice. Lemonade scores 1.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.