NYSE · LMND
Lemonade, Inc.
Financial Services · Insurance - Property & Casualty
$43.86▼ 1.90% ($0.85)at close
Pre-market$43.21▼ 1.48%4:54 AM ET
Market cap
$3.39B
P/E
N/M
EPS (TTM)
-$1.80
Next earnings
Nov 4, 2026
Valuation
P/E valuation
A P/E estimate isn't available here
Trailing four-quarter earnings were negative, so a P/E estimate is not meaningful (N/M).
USD · Trailing earnings · Price used $43.86 · Price Oct 14, 8:00 PM UTC
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock fell 16.49% over the last year. Revenue grew 54.99% over the trailing twelve months. Operating margin moved from -34.56% to -14.32%. Free cash flow grew 137.85% over the trailing twelve months.
What the market seems to be pricing
Visible fundamentals weakened far less than the stock price. The market appears to be discounting durability, risk, or trust rather than just the latest reported numbers.
What would invalidate this read
This read changes if operating margin (currently -14.32%) continues to decline, or if revenue growth turns negative. The bull case requires the business to hold its current trajectory.
Return analysis
Company profile
Lemonade, Inc. functions as an insurance provider operating across the United States and Europe, offering a diverse array of policies.
Market multiples
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Standard profitability metrics can be misleading for financial/insurance companies. GAAP requires unrealized investment gains/losses in net income (affecting ROE), and margins are blended across diverse business segments.
Analyst consensus
5
Buy
5
Hold
5
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Actuals vs estimates by quarter, or any quarter against the same one a year earlier.
Next report
Nov 4, 2026
Q3 FY26 · EPS est -$0.58 · Revenue est $322.7M
Q2 FY26
Reported Jul 29, 2026 · Latest
HoverTap a quarter to inspect
Actual
-$0.56
Estimate
-$0.56
Year over year
n/m
Vs prior quarter
n/m
4 beats in the last 4 quarters
Institutional Sentiment
Lemonade, Inc. · LMND
From Form 13F filings (managers with $100M+). Filings land up to 45 days after quarter end — read this as positioning context, not live fund flow.