The share value of Israeli digital insurance coverage firm fell 6.55% on Fridsay to its lowest stage in additional than a 12 months.
The share value of Israeli digital insurance coverage firm Lemonade (NYSE: LMND) is at its lowest for greater than a 12 months forward of its third quarter monetary outcomes to be launched this week. The share value fell 6.55% on Friday on Wall Avenue, giving a market cap of $3.3 billion. At first of the 12 months, Lemonade was buying and selling particularly excessive and since then has misplaced greater than half of its worth.
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Lemonade, which was cofounded by CEO Daniel Schreiber and president Shai Wininger, will publish its third quarter monetary outcomes on Thursday. Analysts protecting the corporate predict 65.8% income progress to $322 million, alongside a rise within the internet loss per share from $0.51 cents within the corresponding quarter to $0.58 within the third quarter of this 12 months. In line with the corporate’s steering, it sees optimistic adjusted EBITDA by the fourth quarter of this 12 months.
Information from “The Wall Avenue Journal” exhibits most analysts keep a impartial stance on the inventory -seven out of 12 – with three analysts holding a optimistic view and two a adverse one. Their value targets span a variety, from $38 (an 11.5% low cost on the inventory’s value on Wall Avenue) to $92 (a 114% premium).
Printed by Globes, Israel enterprise information – en.globes.co.il – on November 1, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
Lemonade cofounders Daniel Screiber and Shai Wininger
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