Lemonade (LMND) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

-$0.56

Estimate

-$0.58

Surprise

+3.1%

Revenue (period 2026-09-30)

$336.1M

Score today

5.8/10

Revenue source: xbrl.

Lemonade (LMND) reported a narrower loss than forecast — adjusted EPS of -$0.56 against the -$0.58 estimate (a 3.1% beat on a still-unprofitable quarter).

• Citizens Maintains Market Outperform on Lemonade, Lowers Price Target to $75 — benzinga, 2026-11-06
• Piper Sandler Maintains Neutral on Lemonade, Lowers Price Target to $47 — benzinga, 2026-11-06
• Lemonade, Inc. Announces Third Quarter 2026 Financial Results — fiscal.ai, 2026-11-05

TrendMatrix currently rates LMND Sell at 5.8/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's +3.1% surprise compares with a +12.5% four-quarter average.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$40.34

Price target

$50.85

Stop

$37.94

Upside to target

+26.1%

Reward-to-risk

2.0:1

Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.

For financials, the EPS print is only half the story: credit costs, reserve builds, and rate sensitivity decide how a quarter actually lands.

Industry

Insurance - Property & Casualty

Market cap

$3.21B

P/E (fwd)

-47.7

52-week range

$39.60–$99.90

Off 52-week high

59.6%

RSI (14)

43

Volume vs avg

0.47×

Score today

5.8/10