Shares of digital insurance provider Lemonade (NYSE:LMND) jumped 4.4% in the afternoon session after an analyst at Morgan Stanley raised the price target on the company's shares, alongside a spike in bullish options activity. Analyst Bob Huang increased the price target for Lemonade to $49.00 from a previous $45.00, representing an 8.89% lift. However, the firm kept its "Underweight" rating on the stock. Separately, the options market showed significant bullish interest. The volume of call options traded was 1.4 times the expected amount, with about 10,373 contracts changing hands. This activity suggested that some traders were betting on a continued rise in the stock's price.
Digital insurance provider Lemonade (NYSE:LMND) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 42.4% year on year to $194.5 million. Its non-GAAP loss of $0.55 per share was 22.5% above analysts’ consensus estimates.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Shares of digital insurance provider Lemonade (NYSE:LMND) jumped 22.2% in the morning session after it posted better-than-expected third-quarter financial results, signaling continued progress toward profitability.
Lemonade just crushed Wall Street's expectations, mixing the juice with ice and sugar in a red Solo cup. Check out the numbers and what they mean for Lemonade investors.
Digital insurance provider Lemonade (NYSE:LMND) reported Q3 CY2025 results beating Wall Street’s revenue expectations, with sales up 42.4% year on year to $194.5 million. Its GAAP loss of $0.51 per share was 27.6% above analysts’ consensus estimates.
Shares of digital insurance provider Lemonade (NYSE:LMND) jumped 3.5% in the afternoon session after investors grew optimistic about its upcoming third-quarter earnings report, with sentiment also boosted by a broader market rally. The company was scheduled to report its results on November 5. Ahead of the announcement, reports indicated expectations for strong top-line growth. Estimates pointed to a potential revenue increase of between 35% and 38% compared to the same period in the previous year.
