Down More Than 90% From the Peak, Is Lemonade a Buy After Earnings?

By Matt Frankel – Mar 4, 2023 at 6:33AM

NYSE: LMND

Lemonade

Market Cap

$1B

Today's Change

(1.64%) $0.29

Current Price

$17.95

Price as of April 26, 2024, 4:00 p.m. ET

The insurance disruptor is growing strong, but is losing money. Is it worth buying?

Lemonade (LMND 1.64%) recently reported its fourth-quarter earnings, and the business continues to grow at an impressive rate. In this video, Matt Frankel, CFP®, discusses the results and whether the stock could be a smart buy right now.

*Stock prices used were the morning prices of March 3, 2023. The video was published on March 3, 2023.

Matthew Frankel, CFP® has positions in Lemonade. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a disclosure policy.

Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.