Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Can Lemonade Stock Get to $100?

TheMotleyFool

0 0

Can Lemonade Stock Get to $100?Photo, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png

Lemonade (NYSE: LMND) has kept investors on their toes during the past few years as it builds its artificial intelligence (AI)-based insurance company. Growth is piping hot, and the company is grabbing market share from the big insurance giants.

As of this writing, Lemonade stock trades at about $53 per share, which means it would need to nearly double to reach $100. Let's see the path to get there.

Image source: Getty Images.

Source Fool.com

Like: 0

LMND

Share