Lemonade (NYSE:LMND) Given New $75.00 Price Target at Citizens Jmp

Posted by George Bondi on Nov 7th, 2026

Lemonade (NYSE:LMND – Free Report) had its price target lowered by Citizens Jmp from $80.00 to $75.00 in a report issued on Friday,Benzinga reports. Citizens Jmp currently has a market outperform rating on the stock.

Other analysts have also issued research reports about the stock. Keefe, Bruyette & Woods raised shares of Lemonade from an “underperform” rating to a “market perform” rating and set a $48.00 price objective on the stock in a research report on Thursday, July 30th. Piper Sandler reduced their target price on shares of Lemonade from $51.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday. Morgan Stanley decreased their price target on shares of Lemonade from $56.00 to $48.00 and set an “equal weight” rating for the company in a research note on Tuesday, October 6th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lemonade in a report on Thursday, October 15th. Finally, Wall Street Zen upgraded Lemonade from a “sell” rating to a “hold” rating in a research note on Saturday, September 19th. Four investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $61.12.

View Our Latest Stock Report on Lemonade

Lemonade Stock Down 4.6%

LMND stock traded down $1.89 during midday trading on Friday, hitting $39.59. The company’s stock had a trading volume of 1,683,682 shares, compared to its average volume of 1,111,121. The stock’s 50-day moving average price is $46.66 and its 200 day moving average price is $57.69. Lemonade has a 1 year low of $39.11 and a 1 year high of $99.90. The stock has a market cap of $3.06 billion, a price-to-earnings ratio of -21.06 and a beta of 1.98.

Lemonade (NYSE:LMND – Get Free Report) last announced its earnings results on Thursday, November 5th. The company reported ($0.56) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.58) by $0.02. The firm had revenue of $336.10 million during the quarter, compared to analyst estimates of $322.74 million. Lemonade had a negative return on equity of 26.78% and a negative net margin of 14.19%. The business’s revenue was up 72.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.51) EPS. As a group, equities analysts forecast that Lemonade will post -1.83 earnings per share for the current fiscal year.

Insider Transactions at Lemonade

In related news, insider John Peters sold 11,000 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $52.55, for a total transaction of $578,050.00. Following the sale, the insider directly owned 76,942 shares in the company, valued at approximately $4,043,302.10. This represents a 12.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Maya Prosor sold 1,040 shares of the firm’s stock in a transaction that occurred on Thursday, September 3rd. The stock was sold at an average price of $54.63, for a total transaction of $56,815.20. Following the completion of the transaction, the insider directly owned 186,533 shares of the company’s stock, valued at approximately $10,190,297.79. This trade represents a 0.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 15,148 shares of company stock valued at $804,250 in the last quarter. Company insiders own 12.20% of the company’s stock.

Institutional Investors Weigh In On Lemonade

Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new position in shares of Lemonade in the second quarter valued at $393,408,000. Bank of New York Mellon Corp purchased a new stake in Lemonade during the 2nd quarter worth about $13,861,000. Canada Pension Plan Investment Board bought a new position in Lemonade in the 2nd quarter worth about $13,550,000. Bank of America Corp DE bought a new position in Lemonade in the 2nd quarter worth about $11,569,000. Finally, Man Group plc bought a new position in Lemonade in the 2nd quarter worth about $8,864,000. Hedge funds and other institutional investors own 80.30% of the company’s stock.

Key Lemonade News

Here are the key news stories impacting Lemonade this week:

Positive Sentiment: Q3 revenue rose 72.8% year over year to $336.1 million, above the $322.7 million consensus estimate. The $0.56-per-share loss was slightly narrower than analysts expected, and Q4 revenue guidance of $342 million to $346 million edged above estimates. Lemonade Q3 results
Neutral Sentiment: Truist cut its price target to $60 from $70 but kept a Buy rating; Citizens JMP lowered its target to $75 from $80 and maintained Market Outperform. Piper Sandler reduced its target to $47 from $51 and retained a Neutral rating. The target cuts temper the analyst outlook, while the ratings remain mixed but generally supportive. Truist rating
Negative Sentiment: The loss widened from $0.51 per share a year earlier, and coverage flagged rising expenses as a potential headwind to Lemonade’s AI-driven growth. The post-earnings decline suggests investors focused on profitability concerns despite the revenue and EPS beats. Q3 expense headwinds analysis

Lemonade Company Profile

(Get Free Report)

Lemonade, Inc is a technology-driven insurance company that offers insurance products through digital platforms, including its mobile application and website. The company uses artificial intelligence, automation and data analytics to support policy purchasing, customer service and claims processing.

Lemonade’s product offerings include renters, homeowners, car, pet and term life insurance. Coverage and product availability vary by jurisdiction, and some policies are provided through regulated insurance subsidiaries or underwritten in partnership with other insurers.

Founded in 2015 by Daniel Schreiber and Shai Wininger, Lemonade serves customers in the United States and selected European markets, including Germany, the Netherlands, France and the United Kingdom.