Where Will Lemonade Be in 1 Year?
I bought my first Lemonade (NYSE: LMND) shares in December 2020, near the stock's all-time peak. The computerized insurance service looked fantastic at the time, and I expected big things from Lemonade in the long run.
Well, Lemonade's automated insurance revolution wasn't as unstoppable as I had expected. The company's loss ratio soared, revenues slumped, and the stock price plunged. That specific position is down 54% as of Aug. 15, 2025.
But you know what? I still saw great long-term promise in a customer-friendly insurance service driven by artificial intelligence (AI). So, I doubled down on my Lemonade investment in 2021 and 2022. More recently, the bullish investment thesis has started to play out. All things considered, my total Lemonade holdings have gained 16% so far, despite the unprofitable 2020 investment.
Source Fool.com
