Citizens Jmp Has Lowered Expectations for Lemonade (NYSE:LMND) Stock Price

Lemonade (NYSE:LMND) had its price objective dropped by equities researchers at Citizens Jmp from $85.00 to $80.00 in a report released on Thursday,Benzinga reports. The firm presently has a “market outperform” rating on the stock. Citizens Jmp’s target price would indicate a potential upside of 41.34% from the stock’s previous close.

A number of other analysts have also recently issued reports on LMND. Wolfe Research set a $44.00 price objective on shares of Lemonade in a research note on Tuesday, February 24th. Truist Financial lowered their price objective on shares of Lemonade from $98.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lemonade in a research report on Tuesday, April 21st. Cantor Fitzgerald increased their price objective on shares of Lemonade from $85.00 to $92.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Finally, Morgan Stanley upgraded shares of Lemonade from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $80.00 to $85.00 in a research report on Tuesday, March 17th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $64.88.

Lemonade Trading Down 0.1%

Shares of LMND stock opened at $56.60 on Thursday. Lemonade has a 12 month low of $28.71 and a 12 month high of $99.90. The stock has a market cap of $4.35 billion, a P/E ratio of -30.27 and a beta of 1.86. The company has a 50 day simple moving average of $60.07 and a two-hundred day simple moving average of $68.32.

Lemonade (NYSE:LMND) last announced its earnings results on Wednesday, April 29th. The company reported ($0.47) EPS for the quarter, beating analysts’ consensus estimates of ($0.58) by $0.11. Lemonade had a negative net margin of 16.44% and a negative return on equity of 26.42%. The business had revenue of $258.00 million during the quarter, compared to analysts’ expectations of $251.51 million. During the same period in the prior year, the company earned ($0.86) earnings per share. The firm’s revenue was up 70.6% on a year-over-year basis. As a group, equities analysts forecast that Lemonade will post -1.74 earnings per share for the current year.

Insider Activity

In other news, insider John Sheldon Peters sold 3,571 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $52.50, for a total value of $187,477.50. Following the completion of the sale, the insider owned 76,729 shares in the company, valued at approximately $4,028,272.50. This trade represents a 4.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 5,567 shares of company stock valued at $287,517. 14.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Lemonade

Several institutional investors have recently made changes to their positions in LMND. Federated Hermes Inc. increased its stake in Lemonade by 195.9% in the 3rd quarter. Federated Hermes Inc. now owns 157,592 shares of the company’s stock worth $8,436,000 after buying an additional 104,342 shares during the period. Jupiter Asset Management Ltd. acquired a new position in shares of Lemonade in the 3rd quarter valued at $9,060,000. Pursue Wealth Partners LLC acquired a new position in shares of Lemonade in the 4th quarter valued at $2,814,000. Atika Capital Management LLC acquired a new position in shares of Lemonade in the 3rd quarter valued at $3,694,000. Finally, Leo Wealth LLC acquired a new position in shares of Lemonade in the 4th quarter valued at $2,699,000. Institutional investors own 80.30% of the company’s stock.

Key Stories Impacting Lemonade

Here are the key news stories impacting Lemonade this week:

• Positive Sentiment: Q1 results beat expectations: revenue jumped ~71% year-over-year to $258M and net losses narrowed materially, with management pointing to AI-led underwriting, improved claims handling and a reinsurance shift that together are accelerating growth and moving the business toward EBITDA profitability. Article Title
• Positive Sentiment: Market commentary credits Lemonade’s AI and automation for measurable improvements in claims, underwriting and distribution — a strategic asset that could expand margins if sustained. Article Title
• Neutral Sentiment: The earnings call and transcripts provide color on execution and guidance (useful for modeling), but the market reaction suggests investors are parsing cadence and sustainability rather than the headline beat. Article Title
• Neutral Sentiment: Some analysts trimmed price targets while keeping conviction: Citizens JMP lowered its target to $80 but kept a “market outperform” stance, indicating continued bullish medium-term views despite near-term caution. Article Title
• Negative Sentiment: Despite the beat, the stock plunged in recent trading — sell-the-news dynamics, profit-taking after a strong run, and questions about how durable margin gains are led to heavy selling pressure. Coverage of the sharp drop highlights investor skepticism. Article Title
• Negative Sentiment: Piper Sandler cut its price target to $62 and moved to a “neutral” rating, signaling more cautious near-term expectations and reducing analyst-driven upside. Article Title
• Negative Sentiment: Broader market skepticism remains around valuation, index-related flows and whether AI-driven improvements can translate into sustainable underwriting margins; commentators are debating whether recent selling extends beyond index reconstitution. Article Title

Lemonade Company Profile

Lemonade, Inc (NYSE: LMND) is a New York–based technology-driven insurance carrier that leverages artificial intelligence and behavioral economics to streamline the purchase and management of policies. Founded in 2015, the company offers renters, homeowners, pet, term life and car insurance products tailored for digitally savvy consumers. By automating underwriting and claims processing through chatbots and machine learning, Lemonade aims to deliver a more transparent and user-friendly experience than traditional insurers.

The company’s product suite includes standalone policies for renters and homeowners, customizable pet insurance plans, and term life coverage with simple online applications.