What is William Blair's Forecast for Lemonade Q3 Earnings?

Lemonade, Inc. (NYSE:LMND - Free Report) - William Blair issued their Q3 2025 earnings per share estimates for Lemonade in a research note issued to investors on Tuesday, May 6th. William Blair analyst A. Klauber anticipates that the company will post earnings per share of ($0.72) for the quarter. The consensus estimate for Lemonade's current full-year earnings is ($3.03) per share. William Blair also issued estimates for Lemonade's Q4 2025 earnings at ($0.46) EPS.

Several other analysts have also issued reports on the stock. Piper Sandler reduced their price objective on shares of Lemonade from $44.00 to $34.00 and set a "neutral" rating on the stock in a report on Wednesday, February 26th. Morgan Stanley cut Lemonade from an "equal weight" rating to an "underweight" rating and lowered their price objective for the stock from $35.00 to $24.00 in a research report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Lemonade from $25.00 to $22.00 and set an "underperform" rating on the stock in a research note on Tuesday, April 22nd. Four research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, Lemonade has a consensus rating of "Hold" and a consensus price target of $28.17.

Lemonade Stock Performance

Shares of NYSE LMND traded down $0.15 during mid-day trading on Thursday, reaching $31.07. The company's stock had a trading volume of 1,966,487 shares, compared to its average volume of 1,938,054. Lemonade has a 1-year low of $14.03 and a 1-year high of $53.85. The stock has a market capitalization of $2.28 billion, a P/E ratio of -10.22 and a beta of 2.13. The stock has a 50-day moving average of $30.87 and a two-hundred day moving average of $34.22.

Lemonade (NYSE:LMND - Get Free Report) last announced its quarterly earnings results on Wednesday, May 7th. The company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.84) by ($0.02). Lemonade had a negative return on equity of 32.85% and a negative net margin of 43.51%. The company's revenue for the quarter was up 27.0% on a year-over-year basis. During the same period last year, the company earned ($0.67) EPS.

Insider Buying and Selling at Lemonade

In other Lemonade news, insider John Sheldon Peters sold 1,899 shares of Lemonade stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $33.79, for a total value of $64,167.21. Following the transaction, the insider now owns 87,609 shares in the company, valued at approximately $2,960,308.11. The trade was a 2.12 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Softbank Group Capital Ltd sold 204,575 shares of the stock in a transaction on Monday, March 24th. The shares were sold at an average price of $37.08, for a total value of $7,585,641.00. Following the sale, the insider now owns 10,494,636 shares of the company's stock, valued at $389,141,102.88. This trade represents a 1.91 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,385,648 shares of company stock worth $43,869,091 in the last ninety days. 14.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Lemonade

Several hedge funds have recently modified their holdings of LMND. JPMorgan Chase & Co. raised its holdings in Lemonade by 2,627.9% during the 4th quarter. JPMorgan Chase & Co. now owns 1,349,356 shares of the company's stock worth $49,494,000 after buying an additional 1,299,891 shares during the period. Vanguard Group Inc. lifted its position in shares of Lemonade by 14.9% in the 1st quarter. Vanguard Group Inc. now owns 6,138,444 shares of the company's stock valued at $192,931,000 after acquiring an additional 794,952 shares in the last quarter. Two Sigma Investments LP purchased a new stake in shares of Lemonade in the 4th quarter valued at approximately $22,066,000. Voloridge Investment Management LLC purchased a new position in Lemonade during the 4th quarter worth approximately $21,310,000. Finally, Two Sigma Advisers LP purchased a new stake in shares of Lemonade in the fourth quarter valued at $15,412,000. 80.30% of the stock is owned by hedge funds and other institutional investors.

About Lemonade

Lemonade, Inc provides various insurance products through various channels in the United States, Europe, and the United Kingdom. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property.