Here’s Why Lemonade is Up 20% this Morning
Yahoo Finance·2025-11-05 18:23

Group 1: Lemonade (LMND) - Lemonade's shares increased by approximately 20%, or $11, following the release of stronger than expected earnings [3] - The company reported an EPS loss of 51 cents, which exceeded estimates by 19 cents, and revenue of $194.5 million, reflecting a year-over-year increase of 42.4% [3][9] - Lemonade raised its 2025 revenue guidance to a range of $727 million to $732 million, up from the previous guidance of $710 million to $716 million, and narrowed its adjusted EBITDA loss guidance to $127 million to $130 million from $135 million to $140 million [4][9] Group 2: Nvidia (NVDA) - Nvidia's stock is gaining momentum ahead of earnings, supported by multiple analyst upgrades [5][6] - Loop Capital raised its price target for Nvidia to $350, projecting that GPU shipments could double to 2.1 million units by January 2026 [6][9] - Goldman Sachs also reiterated a buy rating on Nvidia, increasing its price target from $210 to $240, citing rising investor expectations driven by AI infrastructure announcements [7] Group 3: Lumentum Holdings (LITE) - Lumentum's shares rose about 21%, or $40, following its earnings report [8] - The company reported an EPS of $1.10, beating estimates by seven cents, and revenue of $533.8 million, which was up 58.4% year-over-year and exceeded estimates by $7.34 million [8]