Analysts Say That Lilium N.V (NASDAQ:LILM) Is Likely To Make It To 5 In 12 Months

In last trading session, Lilium N.V (NASDAQ:LILM) saw 3.85 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $0.90 trading at -$0.02 or -2.59% at ring of the bell on the day assigns it a market valuation of $534.11M. That closing price of LILM’s stock is at a discount of -56.67% from its 52-week high price of $1.41 and is indicating a premium of 33.33% from its 52-week low price of $0.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 7.07 million shares which gives us an average trading volume of 4.22 million if we extend that period to 3-months.

For Lilium N.V (LILM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.43. Splitting up the data highlights that, out of 11 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Lilium N.V (NASDAQ:LILM) trade information

Upright in the red during last session for losing -2.59%, in the last five days LILM remained trading in the red while hitting it’s week-highest on Thursday, 07/18/24 when the stock touched $0.90 price level, adding 11.76% to its value on the day. Lilium N.V’s shares saw a change of -23.73% in year-to-date performance and have moved -7.31% in past 5-day. Lilium N.V (NASDAQ:LILM) showed a performance of 16.97% in past 30-days. Number of shares sold short was 23.17 million shares which calculate 6.83 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 74.29% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would drop -122.22% in reaching the projected high whereas dropping to the targeted low would mean a loss of -122.22% for stock’s current value.

Lilium N.V (LILM) estimates and forecasts

Statistics highlight that Lilium N.V is scoring comparatively higher than the scores of other players of the relevant industry. The company added 3.46% of value to its shares in past 6 months, showing an annual growth rate of 12.99% while that of industry is 6.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

LILM Dividends

Lilium N.V is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Lilium N.V (NASDAQ:LILM)’s Major holders

ALLIANZ ASSET MANAGEMENT GMBH is the top institutional holder at LILM for having 2.51 million shares of worth $2.41 million. And as of 2024-03-31, it was holding 0.4582 of the company’s outstanding shares.

The second largest institutional holder is AWM INVESTMENT COMPANY, INC., which was holding about 1.94 million shares on 2024-03-31. The number of shares represents firm’s hold over 0.3542 of outstanding shares, having a total worth of $1.86 million.