Uploaded March 2026 | Updated September 2026, 2 weeks ago
Learn more at rebellionaire.com
Lemonade ($LMND) just put up a quarter that was a clean beat across the board… and the stock still got smoked.
In this video, Matt walks through what actually happened, why the market reaction doesn’t match the fundamentals, and what Lemonade’s latest metrics say about the direction of the business.
We also dig into the Tesla connection — Lemonade getting access to FSD driving data to price FSD miles at materially lower rates — and why that could matter a lot more over the next few years than most people are treating it today.
Topics we cover:
- The LMND chart and why the move doesn’t make sense on the surface
- The Tesla / FSD insurance angle (and why it was a major catalyst)
- The earnings report: what improved, what accelerated, and what surprised
- In-force premium growth and why the trend matters
- Loss ratio progress (including what’s going on inside the insurance book)
- Why “EBITDA” can be misleading for a company like this
- The cross-sell opportunity (renters/pet → home → car) and what could unlock it
- Valuation: what we think the market is missing right now
If you’re tracking Lemonade for the long haul — or you’re trying to understand why the stock can fall even after a great quarter — this one’s for you.
Rebellionaire is a brand of Halter Ferguson Financial. hffinancial.com/disclaimer
As of March 2nd, 2026, clients and employees of our firm Halter Ferguson Financial own Lemonade stock and/or options and thereby stand to materially benefit from a rise in the share price. Past performance is no assurance of future results. Halter Ferguson Financial, Inc. (“Halter Ferguson Financial”) is a registered investment adviser with its principal place of business in the State of Indiana. A complete list of all recommendations will be provided if requested for the preceding period of not less than one year. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities in this list. Opinions expressed are those of Halter Ferguson Financial, Inc. and are subject to change, not guaranteed and should not be considered recommendations to buy or sell any security.
Halter Ferguson Financial is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment advisor does not constitute an endorsement of the firm by the Commission nor does it indicate that the advisor has attained a particular level of skill or ability.
Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author/presenter as of the date of publication and are subject to change and do not constitute personalized investment advice. A professional advisor should be consulted before implementing any of the strategies presented. No content should be construed as an offer to buy or sell, or a solicitation of any offer to buy or sell any securities mentioned herein.
Halter Ferguson Financial does not represent, warranty, or imply that the services or methods of analysis employed by the Firm can or will predict future results, successfully identify market tops or bottoms, or insulate clients from losses due to market corrections or declines.
Investments are subject to market risks and potential loss of principal invested, and all investment strategies likewise have the potential for profit or loss. Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client's portfolio. There are also no assurances that any portfolio will match or outperform any particular benchmark.
Learn more at rebellionaire.com
Lemonade ($LMND) just put up a quarter that was a clean beat across the board… and the stock still got smoked.
In this video, Matt walks through what actually happened, why the market reaction doesn’t match the fundamentals, and what Lemonade’s latest metrics say about the direction of the business.
We also dig into the Tesla connection — Lemonade getting access to FSD driving data to price FSD miles at materially lower rates — and why that could matter a lot more over the next few years than most people are treating it today.
Topics we cover:
- The LMND chart and why the move doesn’t make sense on the surface
- The Tesla / FSD insurance angle (and why it was a major catalyst)
- The earnings report: what improved, what accelerated, and what surprised
- In-force premium growth and why the trend matters
- Loss ratio progress (including what’s going on inside the insurance book)
- Why “EBITDA” can be misleading for a company like this
- The cross-sell opportunity (renters/pet → home → car) and what could unlock it
- Valuation: what we think the market is missing right now
If you’re tracking Lemonade for the long haul — or you’re trying to understand why the stock can fall even after a great quarter — this one’s for you.
Rebellionaire is a brand of Halter Ferguson Financial. hffinancial.com/disclaimer
As of March 2nd, 2026, clients and employees of our firm Halter Ferguson Financial own Lemonade stock and/or options and thereby stand to materially benefit from a rise in the share price. Past performance is no assurance of future results. Halter Ferguson Financial, Inc. (“Halter Ferguson Financial”) is a registered investment adviser with its principal place of business in the State of Indiana. A complete list of all recommendations will be provided if requested for the preceding period of not less than one year. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities in this list. Opinions expressed are those of Halter Ferguson Financial, Inc. and are subject to change, not guaranteed and should not be considered recommendations to buy or sell any security.
Halter Ferguson Financial is registered as an investment advisor with the SEC and only transacts business in states where it is properly registered, or is excluded or exempted from registration requirements. Registration as an investment advisor does not constitute an endorsement of the firm by the Commission nor does it indicate that the advisor has attained a particular level of skill or ability.
Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the author/presenter as of the date of publication and are subject to change and do not constitute personalized investment advice. A professional advisor should be consulted before implementing any of the strategies presented. No content should be construed as an offer to buy or sell, or a solicitation of any offer to buy or sell any securities mentioned herein.
Halter Ferguson Financial does not represent, warranty, or imply that the services or methods of analysis employed by the Firm can or will predict future results, successfully identify market tops or bottoms, or insulate clients from losses due to market corrections or declines.
Investments are subject to market risks and potential loss of principal invested, and all investment strategies likewise have the potential for profit or loss. Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a client's portfolio. There are also no assurances that any portfolio will match or outperform any particular benchmark.
