Lemonade stock could reach $100 in 2027, implying a 40% increase from its current price, as the insurance technology company accelerates growth and moves toward profitability. In-force premium rose 32% year over year in the first quarter of 2026, marking the tenth consecutive quarter of acceleration, while revenue surged 71%. The company added nearly 600,000 customers over the trailing 12 months to reach 3.1 million, with premium per customer up 7% to $424. Management expects adjusted EBITDA to turn positive by the end of this year and net income to follow next year. Trading at 6.8 times trailing-12-month sales, the stock could gain 70% without becoming more expensive if sales growth continues at current rates.
Lemonade IncArticle discusses Lemonade's path to profitability, revenue growth, and valuation, implying a positive outlook for the stock.