Assessing Lemonade (LMND) Valuation After Recent Share Price Strength And Analyst Fair Value Gap
This article analyzes Lemonade (LMND) stock's valuation, noting its recent share price strength despite analysts pegging its fair value below the current trading price. While LMND has seen significant long-term returns, analysts suggest it is overvalued, with a consensus price target of $45.125 compared to its current $82.69. The narrative for fair value relies on rapid revenue growth, improved profitability, and a premium earnings multiple.
https://finance.yahoo.com/news/assessing-lemonade-lmnd-valuation-recent-051337026.html