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Lemonade (LMND) Stock Forecast & Price Target

$19.59
+0.98 (+5.27%)
(As of 07/12/2024 ET)

Lemonade - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$18.86
-3.74% Downside
High Forecast$40.00
Average Forecast$18.86
Low Forecast$9.00
TypeCurrent Forecast
7/15/23 to 7/14/24
1 Month Ago
6/15/23 to 6/14/24
3 Months Ago
4/16/23 to 4/15/24
1 Year Ago
7/15/22 to 7/15/23
Consensus Rating
Reduce
Reduce
Reduce
Reduce
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
0 Buy rating(s)
Hold
4 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
3 Hold rating(s)
Sell
3 Sell rating(s)
3 Sell rating(s)
2 Sell rating(s)
3 Sell rating(s)
Consensus Price Target$18.86$18.86$17.11$16.72
Forecasted Upside-3.74% Downside16.62% Upside13.52% Upside-3.21% Downside
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LMND Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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LMND Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Lemonade Stock vs. The Competition

TypeLemonadeFinance CompaniesS&P 500
Consensus Rating Score
1.75
2.44
2.50
Consensus RatingReduceHoldModerate Buy
Predicted Upside-3.74% Downside55.28% Upside9.17% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/7/2024Jefferies Financial Group
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 Boost TargetUnderperform ➝ Underperform$14.00 ➝ $16.00-10.81%
5/2/2024Piper Sandler
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 Boost TargetNeutral ➝ Neutral$17.00 ➝ $18.00+3.81%
4/15/2024JMP Securities
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 Reiterated RatingMarket Outperform ➝ Market Outperform$40.00+147.83%
3/4/2024Keefe, Bruyette & Woods
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 Boost TargetMarket Perform ➝ Market Perform$16.00 ➝ $18.00+5.63%
2/28/2024Morgan Stanley
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 Boost TargetUnderweight ➝ Underweight$13.00 ➝ $14.00-11.50%
1/10/2024TD Cowen
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 Initiated CoverageMarket Perform$17.00-1.76%
12/1/2023Oppenheimer
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 Reiterated RatingOutperform ➝ Market Perform
9/28/2023BMO Capital Markets
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 Boost TargetUnderperform ➝ Underperform$8.00 ➝ $9.00-22.41%
5/9/2023Barclays
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 Boost Target$16.00 ➝ $17.00+4.55%
5/4/2023Bank of America
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 Lower Target$14.00 ➝ $12.00+8.21%
7/22/2022Credit Suisse Group
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 Lower Target$14.00-26.85%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 06:28 AM ET.

LMND Forecast - Frequently Asked Questions

What is Lemonade's forecast for 2024?

According to the research reports of 8 Wall Street equities research analysts, the average twelve-month stock price forecast for Lemonade is $18.86, with a high forecast of $40.00 and a low forecast of $9.00.

Should I buy or sell Lemonade stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lemonade in the last twelve months. There are currently 3 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" LMND shares.

Does Lemonade's stock price have much upside?

According to analysts, Lemonade's stock has a predicted upside of 16.62% based on their 12-month stock forecasts.

What analysts cover Lemonade?

Lemonade has been rated by research analysts at Jefferies Financial Group, JMP Securities, and Piper Sandler in the past 90 days.

Do Wall Street analysts like Lemonade more than its competitors?

Analysts like Lemonade less than other "finance" companies. The consensus rating for Lemonade is Reduce while the average consensus rating for "finance" companies is Hold. Learn more on how LMND compares to other companies.


This page (NYSE:LMND) was last updated on 7/14/2024 by MarketBeat.com Staff

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