Are Lilium N.V (LILM) stocks a prudent buy?

Lilium N.V [LILM] stock is trading at $0.79, up 5.37%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LILM shares have gain 8.01% over the last week, with a monthly amount glided 10.52%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Lilium N.V [NASDAQ: LILM] stock has seen the most recent analyst activity on July 19, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $2. Previously, B. Riley Securities started tracking the stock with Buy rating on August 01, 2023, and set its price target to $3. On July 17, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $3 on the stock. Canaccord Genuity upgraded its rating to a Buy and increased its price target to $3 on July 14, 2023. Canaccord Genuity initiated its recommendation with a Hold and recommended $1.20 as its price target on June 09, 2023. Citigroup started tracking with a Neutral rating for this stock on March 14, 2023, and assigned it a price target of $1. In a note dated December 07, 2022, Barclays downgraded an Underweight rating on this stock and revised its target price from $2 to $1.

Lilium N.V [LILM] stock has fluctuated between $0.60 and $1.41 over the past year. Currently, Wall Street analysts expect the stock to reach $3.5 within the next 12 months. Lilium N.V [NASDAQ: LILM] shares were valued at $0.79 at the most recent close of the market. An investor can expect a potential return of 343.04% based on the average LILM price forecast.

Analyzing the LILM fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -1.25, Equity is 111.85 and Total Capital is -5.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.3.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.7637 points at the first support level, and at 0.7384 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.8057, and for the 2nd resistance point, it is at 0.8224.

Ratios To Look Out For

For context, Lilium N.V’s Current Ratio is 0.84. Also, the Quick Ratio is 0.84, while the Cash Ratio stands at 0.32.

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