Lemonade Inc. (LMND) shares slipped to a 52‑week low of $46.12, trading near $46.25, well below the 52‑week high of $99.90 and down roughly 12.6% over the past year.
In its second‑quarter 2026 results, Lemonade posted revenue of $294.4 million, surpassing the Wall Street consensus of $290.88 million and representing a 79% year‑over‑year increase. Adjusted earnings per share came in at a loss of $0.56, in line with analyst expectations. In‑force premium rose 32.5% to $1.43 billion, marking the 11th consecutive quarter of accelerating growth. The adjusted EBITDA loss narrowed to $19 million from $41 million a year earlier, and adjusted free cash flow was positive for the fifth straight quarter at $19 million. The loss‑adjustment expense ratio fell to a record‑low 5%, aided by automation and AI initiatives.
Investing.com’s InvestingPro service highlighted Lemonade as one of its "Most Undervalued" stocks and offered a Pro Research Report on the company.
