Lemonade’s Q2 earnings show strong growth—revenue up 79% to $294M, net loss narrowed—but a slight miss on full-year in-force premium forecasts sent its stock lower. Despite the dip, the company’s momentum continues: customer base up 23%, premiums rising, and new product lines like auto (via Metromile) expanding its reach. Powered by AI and streamlined service, Lemonade still projects positive EBITDA by 2026 and raised revenue/earned premium guidance. Analysts see this as a buying opportunity, with valuation still attractive amid a healthy, if slightly tempered, growth trajectory.
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