There’s Something Awry at Lilium N.V. (NASDAQ:LILM) Since Share Price Gets Ahead of Fundamentals

Lilium N.V. (NASDAQ:LILM) shares traded -22.35% lower at $1.32 on Wall Street last session.

In accordance with the data, 5 analysts cover Lilium N.V. (NASDAQ:LILM). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $6.00 and a low of $1.00, we find $3.00. Given the previous closing price of $1.70, this indicates a potential upside of 76.47 percent. LILM stock price is now 7.29% away from the 50-day moving average and 6.55% away from the 200-day moving average. The market capitalization of the company currently stands at $685.30M.

It has been rated a hold by 2 analysts and a buy by 2. Brokers who have rated the stock have averaged $3.33 as their price target over the next twelve months.

With the price target enhanced from $1.20 to $3, Canaccord Genuity Upgraded its rating from Hold to Buy for Lilium N.V. (NASDAQ: LILM).

A total of 63.55% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in LILM stock. A new stake in Lilium N.V. shares was purchased by B. RILEY SECURITIES, INC. during the first quarter worth $21,292,000. HRT FINANCIAL LP invested $1,227,000 in shares of LILM during the first quarter. In the first quarter, ERGOTELES LLC acquired a new stake in Lilium N.V. valued at approximately $1,171,000. BALYASNY ASSET MANAGEMENT L.P. acquired a new stake in LILM for approximately $425,000. D. E. SHAW & CO., INC. purchased a new stake in LILM valued at around $355,000 in the second quarter.

Lilium N.V. (NASDAQ: LILM) opened at $1.4200 on Friday. During the past 12 months, Lilium N.V. has had a low of $0.37 and a high of $3.25. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.90, and a quick ratio of 3.90. The fifty day moving average price for LILM is $1.2476 and a two-hundred day moving average price translates $1.2352 for the stock.

The latest earnings results from Lilium N.V. (NASDAQ: LILM) was released for Dec, 2022.

Lilium N.V.(LILM) Company Profile

Lilium N.V., a transportation company, engages in the research and development of electric vertical takeoff and landing aircrafts and jet for use in high-speed air transport system for people and goods. Lilium N.V. was incorporated in 2015 and is headquartered in Wessling, Germany.

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