LEMONADE INC (LMND)
Financials · InsurTech · NYSE
Lemonade is a technology-driven insurance company using AI and digital automation to replace traditional insurance brokers and bureaucracy with a fast, transparent, and user-centric platform.
What LEMONADE INC does
Lemonade is a digital-first, artificial intelligence-powered insurance company that offers renters, homeowners, life, pet, and car insurance products. It utilizes proprietary AI algorithms and digital platforms to underwrite policies, process claims, and interact with customers through a mobile-first interface. The company operates as a full-stack insurance carrier while also managing its business through reinsurance arrangements.
Themes: InsurTech / digital insurance, AI automation in insurance, Fintech, Consumer technology, Telematics
Fundamentals
- Price$46.91 as of 2026-10-08 close
- Market cap$3.6B as of 2026-08-03 (share count; price 2026-10-08)
- 1-year return-15.5% 2025-10-08 close $55.50 → 2026-10-08 close $46.91
- P/En/a negative earnings
- Net margin-22.4% FY2025, SEC XBRL
- ROE-31.0% FY2025, SEC XBRL
- Debt / equity0.41 as of 2026-09-03
- Revenue growth (YoY)+62.3% as of 2026-09-03
- Revenue CAGR (3y)+42.2% SEC XBRL
- Beta2.12 as of 2026-09-03
- Last reported earnings2026-07-29 SEC EDGAR Form 8-K (Item 2.02)
How LMND compares in its sector
- net profit marginbottom 10% 344 covered Financials peers, as of 2026-09-03
- return on equitybottom 10% 559 covered Financials peers, as of 2026-09-03
- 3-year revenue CAGRtop 10% 347 covered Financials peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 430 covered Financials peers, as of FY2025
Position among covered Financials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Top 10 scores & list membership
LMND is not currently in any published Top 10 list. Its scores are below.
Top 10 score
34.2 #1300 of 1,379 scored · #216 of 220 in Financials
Growth 97th (revenue growth year over year 62.3%, 3-year revenue CAGR 42.2%) and financial health 37th (debt to equity 0.4, free cash flow margin -3.5%); weakest is profitability (5th, return on equity -31%).
Scores as of 8 Oct 2026. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100. A list is a published formula and its output, not a recommendation. Method version 4.
How LEMONADE INC looks technically
LEMONADE INC (LMND) is trading 24.0% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 117 trading days ago — a "death cross", a bearish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 24 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 45, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 5 trading days ago (its momentum flipped positive). It made a new 20-day low about 9 trading days ago. It is 53.0% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 24.0% below its 200-day average, the long-term trend line — a long-term downtrend | -24.0% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $49.99 | $49.99 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $61.70 | $61.70 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 14 calendar days ago — the swings before that are what the structure reading is measured on | 14 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 117 trading days ago — a "death cross", a bearish long-term signal | 117 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 24 (a reading of 25+ marks a strong trend) | 23.5 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 45, neither overbought (above 70) nor oversold (below 30) | 44.8 |
|---|---|---|
| Position in its 14-day range | it is trading in the upper half of its 14-day range ($43.28 to $49.00) — its "stochastic" reading is 63 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been climbing within that range over the last few sessions. | 63.5 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 5 trading days ago (its momentum flipped positive) | 5 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $99.90 | $99.90 |
|---|---|---|
| From the 52-week high | it is 53.0% below its 52-week high (its highest price of the past year) | -53.0% |
| Above the 52-week low | it is 8.4% above its 52-week low (its lowest price of the past year) | +8.4% |
| Below the 52-week high | it is 53.0% below its highest point of the past year | 53.0% |
| Since a 20-day breakout | it made a new 20-day low about 9 trading days ago | 9 sessions |
| Since a 55-day breakout | it made a new 55-day low about 9 trading days ago | 9 sessions |
| All-time high | its highest closing price on record is $147.07 (set on 2021-02-22) | $147.07 |
| Given back of the 52-week move | over the past year its closes ranged ($43.91 to $96.57), and it has recovered only a small part of its fall from last year’s high — 6% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $76.45 to $78.14. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 5.7% |
| From the all-time high | it is 68.1% below its all-time high | -68.1% |
| Nearest price level | it is trading 0.5% below a resistance level at $47.15 — a price it turned at twice since 2025-07-01, most recently on 2025-10-22. Since 2024-10-08 it has 3 such levels below the current price and 9 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +0.5% |
| All-time low | its lowest closing price on record is $10.27 (set on 2023-10-30) | $10.27 |
| Above the all-time low | it is 357.0% above its all-time low | +357.0% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 84% of it) | 16th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $1.89 between its high and its low — about 4.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $1.89 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $43.33 and $50.38 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $43.33 – $46.86 – $50.38 |
| Typical daily range (% of price) | its price moves about 4.0% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 4.0% |
| Stretch from the 200-day average | it is trading 7.8 daily ranges below its 200-day average price (24.0% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 7.8 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 1.51× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | not available for this company yet | n/a |
Candlestick patterns
1
| Since a doji | 6 sessions ago it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | 6 sessions ago |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 0.2% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | -0.1% |
|---|---|---|
| Open gap | it gapped 20.8% below the previous close 50 sessions ago and has not traded back through the level it left behind at 62.11 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -20.8% |
| Gap filled | a 2.7% gap up opened on 2026-10-02 has been "filled" 4 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 4 sessions ago |
Price streaks
1
| Closing streak | it has closed higher 2 sessions in a row, a +1.32% move over the run — an unbroken run of up days, which describes what has already happened and says nothing about the next session | 2 sessions up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 8.2 percentage points (the stock lost 7.2% while the market gained 1.0%) | -8.2% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 37.8 percentage points (the stock lost 34.0% while the market gained 3.8%) | -37.8% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 41.7 percentage points (the stock lost 24.3% while the market gained 17.5%) | -41.7% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 30.5 percentage points (the stock lost 15.5% while the market gained 15.0%) | -30.5% |
Signal agreement
2
| Bullish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bullish state: MACD momentum is positive — these describe past price behaviour, not a forecast | 1 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 13% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 20.8% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -13.1% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 25% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $62.44 — a volume-weighted average of daily closes over 188 sessions, not a true tick-by-tick VWAP. | -24.9% |
|---|---|---|
| Vs the average paid since it last reported | the price is 5% below the average price paid since it last reported on 2026-07-29 (its 8-K), so the typical buyer over that stretch is under water. That average is $49.45 — a volume-weighted average of daily closes over 51 sessions, not a true tick-by-tick VWAP. | -5.1% |
Price levels it has turned at before
LMND last closed at $46.91 on 2026-10-08. Since 2024-10-08 it has turned at 3 prices below its last close and 9 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $47.15 | Resistance | 0.5% above the last close | turned there twice · 2025-07-01 to 2025-10-22 |
| $48.42 | Resistance | 3.2% above the last close | turned there three times · 2025-09-05 to 2026-08-18 |
| $50.02 | Resistance | 6.6% above the last close | turned there twice · 2025-09-25 to 2026-06-08 |
| $43.50 | Support | 7.3% below the last close | turned there three times · 2025-06-11 to 2026-09-24 |
| $40.02 | Support | 14.7% below the last close | turned there twice · 2025-01-07 to 2025-03-03 |
| $37.60 | Support | 19.8% below the last close | turned there twice · 2025-06-18 to 2025-07-14 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · lagging the market · Stretched far below its 200-day average (6+ daily ranges) · Under water since its last earnings report (below the anchored VWAP) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Mean price target$59.22 range $37.00 – $92.00; median $55.00
Analyst estimates, as of 2026-10-03. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for LMND
- Consensus EPS estimate-$0.57 next reporting period, as of 2026-10-03
- Estimate change, 30 days$0.00 from -$0.57, on 2026-08-29, 35-day window
- Readings revised upward0% of 5 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["History of net losses with no guarantee of achieving future profitability.","Reliance on proprietary AI algorithms for risk underwriting, pricing, and claims processing which may malfunction or produce inaccurate results.","Dependency on reinsurance contracts and capital adequacy requirements to maintain regulatory operating authority."]
What changed in the latest 10-Q
AI-assisted comparison of LMND's 10-Q filed 2026-04-30 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Customer Investment Agreement section now specifies the agreement 'under which GC agreed to provide' (explicit agency language) versus older version's 'will be provided'
- Newer filing specifies Investment Amount range of '50% to 80%' versus older filing's 'up to 80%'
- Newer filing states agreement was 'amended in April 2024, June 2024 and December 2025' while older omits December 2025 amendment
- Newer filing reports $179.6 million outstanding borrowings as of March 31, 2026 and $6.2 million interest expense for three months ended March 31, 2026
- Current Macroeconomic Environment section in newer filing includes detailed discussion of U.S. tariff policy, including February 2026 Supreme Court ruling on IEEPA, tariffs on building materials, automotive parts, and consumer goods, and potential lag in rate adjustments
- Newer filing includes statement: 'Following the ruling, the administration invoked alternative statutory authorities imposing a global tariff'
- Removed:
- Older filing's description of agreement as having '18 months which expired on December 31, 2024' is removed from newer version's narrative structure
- Older filing's statement 'such interest is included in General and Administrative expense in the condensed consolidated statements of operations and comprehensive loss' is not present in newer filing
- Older filing's discussion of Israel operations and political/military instability in Israel and surrounding region is absent from newer filing
- Older filing's reference to October 1, 2025 U.S. government shutdown and SEC regulatory agency impact is removed
- Older filing's statement 'The actual effects of the current and potential future impact on our results remains to be unknown and cannot be estimated with precision' is replaced with more specific tariff discussion
- Reworded:
- Older 'Current Macroeconomic Environment' opens with 'Changing U.S. and global economic conditions, including the potential impact from evolving tariff policy' while newer version states 'Evolving U.S. trade policy, including tariffs imposed on imported goods in 2025, could affect our claims costs'
- Older filing references 'capital market volatility may' while newer filing completes this thought with additional macroeconomic discussion
- Customer Investment Agreement section reorganized: older version presents chronological narrative of amendments; newer version consolidates amendment dates into single sentence about multiple amendments
- Notes:
- The newer filing appears to be truncated mid-sentence ('Capital market volatility may a'), limiting assessment of complete Current Macroeconomic Environment section
- Comparison reflects filing date difference of approximately 6 months (2025-11-05 to 2026-04-30), so some removals may reflect different reporting periods rather than editorial choices
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 5 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-040 buys · 5 sells ($907665) — 3 selling insiders
- Last 180 days · read to 2026-10-040 buys · 11 sells ($7M) — 3 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-04. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about LMND's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
4 institutional 13F filers reported holding LMND as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 4
- Reported shares held 12,319,779
- Reported value $801,401,564
reported quarterly holdings change (2026-03-31 → 2026-06-30): 0 new, 3 increased, 1 decreased, 1 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about LMND's institutional holders → See what each manager we track holds →
Short interest (FINRA)
LMND had 10,850,111 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
LMND had 14.0% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 11.94 days to cover at the same settlement.
- Reported short interest (shares) 10,850,111
- Short interest (% of shares outstanding) 14.0%
- Prior settlement (shares) 10,177,727
- Reported change 6.61%
- Days to cover (reported) 11.94
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Allstate (ALL)
- Progressive (PGR)
- Geico (BRK.B)
- State Farm
- Root (ROOT)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
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Frequently asked questions
What does LEMONADE INC (LMND) do?
Lemonade is a digital-first, artificial intelligence-powered insurance company that offers renters, homeowners, life, pet, and car insurance products. It utilizes proprietary AI algorithms and digital platforms to underwrite policies, process claims, and interact with customers through a mobile-first interface. The company operates as a full-stack insurance carrier while also managing its business through reinsurance arrangements.
What sector is LEMONADE INC (LMND) in?
LEMONADE INC (LMND) is classified in the Financials sector. Its industry is InsurTech. It trades on NYSE.
Who are LEMONADE INC's (LMND) competitors?
Notable peers of LEMONADE INC (LMND) include Allstate, Progressive, Geico, State Farm and Root. This peer set is informational only — not financial advice.
Is LEMONADE INC (LMND) overbought or oversold right now?
LEMONADE INC (LMND) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 45, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on LMND come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest; prices are market data, as of 2026-09-03; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.