LMND
Lemonade, Inc.
NYSEUSDEQUITY
Financial Services
DELAYED
Sell
-41/100
Last price
46.00
▼ 0.67 (1.44%)
MARKET · —
Price
Chart style
Interval
Intraday intervals only cover recent history. The site picks the finest interval the range allows.
Overlays
Session levels
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Both series are rebased to 0% at the left edge, so the lines show relative performance rather than price.
Tool
1D
—
H —
L —
Range —
Vol —
vs
Drag pan · Pinch zoom · Hold crosshair · pick a tool then drag to draw
Open
46.60
Prev close
46.67
Day high
47.62
Day low
46.00
Volume
862.51K
Market cap
$3.58B
P/E (TTM)
—
52W range
43.28 – 99.90
Day trading desk
Gap from prior close
-0.15%
Prior close 46.67
VWAP
46.36
-0.77% from price
Relative volume
1.29×
Normal
Session range
3.52%
46.00 – 47.62
Position in range
0%
Near session low
ATR (14D)
1.85
4.02% of price
Prior day high
46.88
PDH
Prior day low
45.74
PDL
Bid / ask spread
—
Quote not published
Session volume
1.58M
Avg 1.23M
VWAP and the session figures are computed from the delayed intraday series on this page, so they lag the live tape and will not match a broker's real-time VWAP exactly. Turn on Prior day H/L/C, Opening range and Volume profile in the chart's Studies menu to see these levels drawn on price.
Trailing performance
Returnvs SPY
1W
+3.81%
+1.9%
1M
-13.31%
-14.5%
3M
-34.82%
-39.3%
6M
-20.20%
-38.4%
YTD
-34.95%
-49.2%
1Y
-15.08%
-31.5%
3Y
+298.45%
+216.2%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Free account
5 more panels on LMND open with an account.
Options chains and analytics, valuation ratios, insider filings, analyst targets and ownership. No card, no trial, nothing to cancel.
Insider net activity
Net shares
-71.16K
Net selling
Buy transactions
8
31.12K shares
Sell transactions
9
102.28K shares
Net transactions
+17
Buys less sells
Sell : buy shares
3.3 : 1
Mixed
Insider-held shares
6.62M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Sep 4, 26 | PETERS JOHN SHELDON Officer |
SELL | 3.11K | $169.38K | Direct |
| Sep 3, 26 | BIXBY TIMOTHY E Chief Financial Officer |
SELL | 1.89K | $103.42K | Direct |
| Sep 3, 26 | PROSOR MAYA Officer |
SELL | 1.04K | $56.81K | Direct |
| Sep 2, 26 | WININGER SHAI President |
STOCK | 1.88K | $0 | Direct |
| Aug 13, 26 | PETERS JOHN SHELDON Officer |
SELL | 11.00K | $578.05K | Direct |
| Jul 27, 26 | PETERS JOHN SHELDON Officer |
STOCK | 10.00K | $0 | Direct |
| Jul 7, 26 | BIXBY TIMOTHY E Chief Financial Officer |
SELL | 73.00K | $5.78M | Direct |
| Jul 6, 26 | PETERS JOHN SHELDON Officer |
SELL | 3.44K | $272.08K | Direct |
| Jun 10, 26 | EISENBERG MICHAEL A Director |
STOCK | 5.00K | $0 | Direct |
| Jun 4, 26 | PETERS JOHN SHELDON Officer |
SELL | 5.34K | $283.26K | Direct |
| Jun 3, 26 | BIXBY TIMOTHY E Chief Financial Officer |
SELL | 2.23K | $118.41K | Direct |
| Jun 3, 26 | SCHWARTZ DEBRA Director |
STOCK | 2.85K | $0 | Direct |
| Jun 3, 26 | HAJ-YEHIA SAMER Director |
STOCK | 2.85K | $0 | Direct |
| Jun 3, 26 | PROSOR MAYA Officer |
SELL | 1.22K | $64.87K | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BIXBY TIMOTHY E |
Chief Financial Officer | 172.37K | Sale |
ECKSTEIN ADINA |
Chief Operating Officer | 333.50K | Stock Award(Grant) |
EISENBERG MICHAEL A |
Director | 1.17M | Stock Gift |
PETERS JOHN SHELDON |
Officer | 73.83K | Sale |
PROSOR MAYA |
Officer | 215.82K | Sale |
SB INVESTMENT ADVISERS UK LIMITED |
Beneficial Owner of more than 10% of a Class of Security | 7.11M | Sale |
SCHREIBER DANIEL A |
Chief Executive Officer | 2.54M | Stock Award(Grant) |
SOFTBANK GROUP CAPITAL LTD |
Beneficial Owner of more than 10% of a Class of Security | 7.11M | Sale |
SOFTBANK GROUP CORPORATION |
Beneficial Owner of more than 10% of a Class of Security | 8.97M | Sale |
WININGER SHAI |
President | 4.42M | Stock Gift |
Fundamentals
Market cap$3.58B
Enterprise value$3.43B
Revenue (TTM)$975.00M
Gross profit$503.60M
EBITDA$-92.10M
Net income$-138.40M
EPS (TTM)$-1.82
Free cash flow$94.40M
Total cash$376.80M
Total debt$226.40M
Book value / share$6.46
Shares outstanding77.40M
Float71.77M
Short % of float15.33%
Dividend yield0.00%
Beta (5Y)1.87
Valuation & profitability ratios
Trailing P/E—
Forward P/E-53.22
PEG ratio—
Price / sales—
Price / book7.17
EV / revenue3.52
EV / EBITDA-37.28
Gross margin51.65%
Operating margin-11.82%
Profit margin-14.19%
Return on equity-26.96%
Return on assets-3.27%
Debt / equity45.33
Current ratio1.19
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Total revenue | $737.90M | $526.50M | $429.80M | $256.70M | +40.2% |
| Operating revenue | $737.90M | $526.50M | $429.80M | $256.70M | +40.2% |
| Selling, general & admin | $364.20M | $290.80M | $231.20M | $260.60M | +25.2% |
| Pre-tax income | -$160.90M | -$203.90M | -$229.80M | -$294.80M | +21.1% |
| Tax provision | $4.60M | -$1.70M | $7.10M | $3.00M | +370.6% |
| Net income | -$165.50M | -$202.20M | -$236.90M | -$297.80M | +18.2% |
| Net income to common | -$165.50M | -$202.20M | -$236.90M | -$297.80M | +18.2% |
| Basic EPS | -2.24 | -2.85 | -3.40 | -4.59 | +21.4% |
| Diluted EPS | -2.24 | -2.85 | -3.40 | -4.59 | +21.4% |
| Basic shares | 73.94M | 71.02M | 69.66M | 64.92M | +4.1% |
| Diluted shares | 73.94M | 71.02M | 69.66M | 64.92M | +4.1% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $385.00M | $376.00M | $264.50M | $282.50M | +2.4% |
| Cash & short-term investments | $1.11B | $1.01B | $937.70M | $1.03B | +9.6% |
| Accounts receivable | $555.70M | $471.60M | $360.40M | $336.40M | +17.8% |
| Property, plant & equipment | $35.60M | $31.30M | $34.80M | $46.00M | +13.7% |
| Goodwill & intangibles | $27.10M | $32.60M | $41.90M | $51.50M | -16.9% |
| Total assets | $1.93B | $1.85B | $1.63B | $1.69B | +4.1% |
| Long-term debt | $158.10M | $83.40M | $14.90M | — | +89.6% |
| Total debt | $182.10M | $107.20M | $43.10M | $35.20M | +69.9% |
| Total liabilities | $1.39B | $1.26B | $924.40M | $823.90M | +10.9% |
| Retained earnings | -$1.46B | -$1.30B | -$1.10B | -$859.70M | -12.7% |
| Shareholder equity | $533.60M | $593.40M | $708.90M | $866.80M | -10.1% |
| Net tangible assets | $506.50M | $560.80M | $667.00M | $815.30M | -9.7% |
| Shares issued | 75.91M | 72.72M | 70.16M | 69.28M | +4.4% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Net income | -$165.50M | -$202.20M | -$236.90M | -$297.80M | +18.2% |
| Depreciation & amortisation | $15.20M | $20.00M | $20.00M | $12.20M | -24.0% |
| Stock-based compensation | $61.30M | $64.50M | $59.90M | $59.30M | -5.0% |
| Change in working capital | $58.50M | $101.10M | $28.70M | $47.90M | -42.1% |
| Operating cash flow | -$16.50M | -$11.40M | -$119.10M | -$163.00M | -44.7% |
| Capital expenditure | -$9.40M | -$9.40M | -$9.20M | -$10.10M | 0.0% |
| Investing cash flow | -$89.10M | $40.60M | $88.70M | $181.10M | -319.5% |
| Financing cash flow | $106.60M | $87.70M | $15.40M | $3.60M | +21.6% |
| Free cash flow | -$25.90M | -$20.80M | -$128.30M | -$173.10M | -24.5% |
| End cash position | $396.80M | $385.70M | $271.50M | $286.50M | +2.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Total revenue | $294.40M | $258.00M | $228.10M | $194.50M | $164.10M | — | +14.1% |
| Operating revenue | $294.40M | $258.00M | $228.10M | $194.50M | $164.10M | — | +14.1% |
| Selling, general & admin | $125.50M | $108.30M | $107.30M | $92.40M | $85.40M | — | +15.9% |
| Pre-tax income | -$41.80M | -$34.60M | -$20.60M | -$36.30M | -$42.60M | — | -20.8% |
| Tax provision | $1.60M | $1.20M | $1.10M | $1.20M | $1.30M | — | +33.3% |
| Net income | -$43.40M | -$35.80M | -$21.70M | -$37.50M | -$43.90M | — | -21.2% |
| Net income to common | -$43.40M | -$35.80M | -$21.70M | -$37.50M | -$43.90M | — | -21.2% |
| Basic EPS | -0.56 | -0.47 | — | -0.51 | -0.60 | -0.86 | -19.1% |
| Diluted EPS | -0.56 | -0.47 | — | -0.51 | -0.60 | -0.86 | -19.1% |
| Basic shares | 76.98M | 76.31M | — | 74.19M | 73.43M | 72.92M | +0.9% |
| Diluted shares | 76.98M | 76.31M | — | 74.19M | 73.43M | 72.92M | +0.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $367.60M | $374.30M | $385.00M | $345.90M | $377.50M | -1.8% |
| Cash & short-term investments | $559.90M | $577.80M | $1.11B | $586.80M | $670.30M | -3.1% |
| Accounts receivable | $622.50M | $594.60M | $555.70M | $563.00M | $524.50M | +4.7% |
| Property, plant & equipment | $18.90M | $16.70M | $35.60M | $15.30M | $16.00M | +13.2% |
| Goodwill & intangibles | $27.10M | $27.10M | $27.10M | $27.10M | $27.80M | 0.0% |
| Total assets | $2.01B | $1.96B | $1.93B | $1.92B | $1.93B | +2.8% |
| Long-term debt | $206.40M | $179.60M | $158.10M | $139.00M | $123.50M | +14.9% |
| Total debt | $226.40M | $200.40M | $182.10M | $151.70M | $143.70M | +13.0% |
| Total liabilities | $1.51B | $1.44B | $1.39B | $1.40B | $1.41B | +5.0% |
| Retained earnings | -$1.54B | -$1.50B | -$1.46B | -$1.44B | -$1.41B | -2.9% |
| Shareholder equity | $499.50M | $518.00M | $533.60M | $516.20M | $527.10M | -3.6% |
| Net tangible assets | $472.40M | $490.90M | $506.50M | $489.10M | $499.30M | -3.8% |
| Shares issued | 77.33M | 76.79M | 75.91M | 74.67M | 73.82M | +0.7% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Net income | -$43.40M | -$35.80M | -$21.70M | -$37.50M | -$43.90M | -21.2% |
| Depreciation & amortisation | $2.40M | $2.70M | $2.60M | $3.40M | $4.70M | -11.1% |
| Stock-based compensation | $24.50M | $21.20M | $18.50M | $17.10M | $15.40M | +15.6% |
| Change in working capital | $7.90M | $6.70M | $14.70M | $20.00M | $26.40M | +17.9% |
| Operating cash flow | -$3.40M | -$600.00K | $20.70M | $4.50M | $5.50M | -466.7% |
| Capital expenditure | -$4.60M | -$3.50M | -$3.10M | -$1.90M | -$2.10M | -31.4% |
| Investing cash flow | -$32.20M | -$34.60M | -$18.90M | -$59.40M | $29.50M | +6.9% |
| Financing cash flow | $28.20M | $26.20M | $38.50M | $24.00M | $24.10M | +7.6% |
| Free cash flow | -$8.00M | -$4.10M | $17.60M | $2.60M | $3.40M | -95.1% |
| End cash position | $380.30M | $386.50M | $396.80M | $355.50M | $386.00M | -1.6% |
Options analytics
Put / call volume
0.59
Call-heavy session
Put / call open interest
—
Positioning, not flow
Max pain
35.00
-24.4% from spot
ATM implied vol
1.6%
Nearest strike to spot
Skew (10% OTM)
0.0%
Calls bid over puts
Call volume
402
Contracts, this expiry
Put volume
237
Contracts, this expiry
Heaviest call OI
35.00
0 contracts
Heaviest put OI
35.00
0 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | -0.56 | -0.56 | +0.5% |
| Mar 2026 | -0.57 | -0.47 | +17.0% |
| Dec 2025 | -0.39 | -0.29 | +26.1% |
| Sep 2025 | -0.70 | -0.51 | +27.6% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | -0.60 | 11 | $322.48M | +65.8% |
| Next quarter | -0.24 | 10 | $340.42M | +49.2% |
| Current year | -1.87 | 12 | $1.22B | +65.0% |
| Next year | -1.11 | 12 | $1.64B | +34.9% |
Analyst targets & ownership
Mean target$58.44
High target$92.00
Low target$38.00
Implied upside27.05%
Analyst count9
ConsensusHOLD
Strong buy / Buy1 / 2
Hold6
Sell / Strong sell2 / 0
Held by insiders8.56%
Held by institutions61.39%
Institutions holding442
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
45.44
+1.22% from price
SMA 20
47.11
-1.72% from price
SMA 50
50.31
-7.97% from price
SMA 100
55.62
-17.29% from price
SMA 200
61.44
-24.64% from price
EMA 12
46.45
-0.97% from price
EMA 26
48.11
-4.39% from price
EMA 50
50.80
-9.44% from price
RSI (14)
42.0
Neutral
MACD (12,26,9)
-1.66
Hist 0.28
ATR (14)
1.85
3.99% of price
Realised vol 30D
38.5%
Annualised
Bollinger upper
50.96
20, 2σ
Bollinger lower
43.26
20, 2σ
50 / 200 cross
Death
50.31 vs 61.44
Trend bias
Below 200
-24.64%
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Risk profile
Beta vs SPY
2.76
More volatile than market
Correlation to SPY
0.45
Loosely linked
Realised vol 30D
38.5%
Annualised
Market vol 1Y
13.0%
SPY, annualised
Max drawdown 1Y
-54.5%
Peak to trough
Max drawdown 5Y
-85.3%
Peak to trough
ATR 14
1.85
3.99% of price
Beta (reported)
1.87
5Y monthly, from filing
Short interest
Shares short
10.85M
Prior 9.98M
Change vs prior
+8.7%
Shorts adding
% of float
15.33%
Elevated
% of shares out
14.02%
Against total outstanding
Days to cover
11.7
Crowded exit
Float
71.77M
Freely tradeable shares
Exchanges publish short interest twice a month with a settlement lag, so this is roughly two weeks behind. Days to cover divides shares short by average daily volume — it estimates how long covering would take, not whether it will happen.
Rating changes
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Oct 6, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Aug 19, 26 | Morgan Stanley | MAINTAINED | Equal-Weight | Equal-Weight |
| Jul 30, 26 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Jul 30, 26 | Keefe, Bruyette & Woods | UPGRADE | Underperform | Market Perform |
| Jul 15, 26 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Jul 8, 26 | Keefe, Bruyette & Woods | MAINTAINED | Underperform | Underperform |
| Jul 8, 26 | Morgan Stanley | DOWNGRADE | Overweight | Equal-Weight |
| May 21, 26 | Morgan Stanley | MAINTAINED | Overweight | Overweight |
| Apr 30, 26 | Piper Sandler | MAINTAINED | Neutral | Neutral |
| Apr 30, 26 | Citizens | MAINTAINED | Market Outperform | Market Outperform |
| Apr 30, 26 | Truist Securities | MAINTAINED | Buy | Buy |
| Mar 17, 26 | Morgan Stanley | UPGRADE | Equal-Weight | Overweight |
Dividends & splits
Forward rate—
Forward yield0.00%
5-year avg yield—
Payout ratio—
Ex-dividend date—
Next pay date—
Last split—
Split date—
SEC filings
Periodic Financial Reports
10-Q · 2026-08-04
Corporate Changes & Voting Matters
8-K · 2026-07-29
Corporate Changes & Voting Matters
8-K · 2026-06-24
Corporate Changes & Voting Matters
8-K · 2026-06-05
Periodic Financial Reports
10-Q · 2026-04-30
Corporate Changes & Voting Matters
8-K · 2026-04-29
Proxy Statements
DEF 14A · 2026-04-22
Offering Registrations
S-8 · 2026-02-25
Headlines
1 No-Brainer Artificial Intelligence (AI) ETF to Buy With $100 and Hold Forever
Motley Fool · 6h ago
Lemonade Expands Renters Insurance to Hawaii
PR Newswire · 17h ago
Morgan Stanley Adjusts Price Target on Lemonade to $48 From $56
MT Newswires · 2d ago
Lemonade’s State-by-State Pet Push Could Be A Game Changer For Lemonade (LMND)
Simply Wall St. · 3d ago
3 Reasons to Sell LMND and 1 Stock to Buy Instead
StockStory · 5d ago
Lemonade Rides Premium Growth, AI Strength and Better Margins
Zacks · 5d ago
TRUP Lags Industry, Trades at a Premium: What Should Investors Know?
Zacks · 6d ago
Lemonade Introduces Renters Insurance in Alaska
MT Newswires · 8d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.