"Shares of Lemonade (NYSE: LMND) are rocketing about 20%, or $11 higher this morning. All after the company posted stronger than expected earnings, and raised its guidance again. While it posted an EPS loss of 51 cents, that still beat estimates by 19 cents. Revenue of $194.5 million, up 42.4% year over year, beat by $9.44 million. It also expects 2025 revenue to be $727 million to $732 million, which is up from prior guidance of $710 million to $716 million."
"Loop Capital reiterated its buy rating on the tech giant and hiked its price target to $350 from $250. The firm believes NVDA can double its GPU shipments over the next year to 15 months to 2.1 million by the January 2026 quarter. Goldman Sachs reiterated its buy rating on NVDA with a price target of $240 from $210 ahead of earnings, as well."
Lemonade reported an EPS loss of $0.51 that nonetheless beat estimates and delivered revenue of $194.5 million, up 42.4% year over year, prompting a roughly 20% stock rally. The company raised 2025 revenue guidance to $727–$732 million and narrowed its adjusted EBITDA loss forecast to $127–$130 million. NuScale Power climbed on growing nuclear demand, Cantor Fitzgerald coverage, and a $55 price target. Nvidia attracted multiple buy reiterations, higher price targets, and forecasts of doubling GPU shipments to about 2.1 million by January 2026 amid elevated AI infrastructure expectations and export-license news. Lumentum jumped on an earnings beat.
Read at 24/7 Wall St.
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