why Lemonade Inc [LMND] is a Good Choice for Investors After New Price Target of $28.62

MU Stock

Lemonade Inc [NYSE: LMND] traded at a high on Tuesday, posting a 1.03 gain after which it closed the day’ session at $30.31.

The results of the trading session contributed to over 4734294 shares changing hands. Over the past one week, the price volatility of Lemonade Inc stands at 6.85% while the volatility over the past one month is 8.44%.

The market cap for LMND stock reached $2.22 billion, with 72.72 million shares outstanding and 54.86 million shares in the current float. Compared to the average trading volume of 2.18M shares, LMND reached a trading volume of 4734294 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Lemonade Inc [LMND]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LMND shares is $28.62 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LMND stock is a recommendation set at 3.73. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Lemonade Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on April 08, 2025. While these analysts kept the previous recommendation, Morgan Stanley raised their target price from $23 to $42. The new note on the price target was released on November 20, 2024, representing the official price target for Lemonade Inc stock. Previously, the target price had yet another raise from $18 to $21, while Keefe Bruyette kept a Underperform rating on LMND stock.

The Average True Range (ATR) for Lemonade Inc is set at 2.28, with the Price to Sales ratio for LMND stock in the period of the last 12 months amounting to 5.10. The Price to Book ratio for the last quarter was 3.71.

How has LMND stock performed recently?

Lemonade Inc [LMND] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.68. With this latest performance, LMND shares gained by 7.60% in over the last four-week period, additionally plugging by 27.51% over the last 6 months – not to mention a rise of 70.86% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LMND stock in for the last two-week period is set at 53.00, with the RSI for the last a single of trading hit 59.76, and the three-weeks RSI is set at 50.01 for Lemonade Inc [LMND]. The present Moving Average for the last 50 days of trading for this stock 31.55, while it was recorded at 29.61 for the last single week of trading, and 28.74 for the last 200 days.

Lemonade Inc [LMND]: Deeper insight into the fundamentals

Lemonade Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 3.28.

Earnings analysis for Lemonade Inc [LMND]

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LMND. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Lemonade Inc go to 28.06%.

Insider trade positions for Lemonade Inc [LMND]

The top three institutional holders of LMND stocks are: SOFTBANK GROUP CORP. with ownership of 11.98 million shares, which is approximately 16.9445%. VANGUARD GROUP INC, holding 5.32 million shares of the stock with an approximate value of $$87.72 million in LMND stocks shares; and VANGUARD GROUP INC, currently with $$67.01 million in LMND stock with ownership which is approximately 5.7428%.

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