Canaccord Genuity upgraded Lilium GmbH from Hold to Buy and set a new price target of $3.00 from $1.20 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | $2.00 → $1.00 | Overweight → Neutral | Cantor Fitzgerald |
| 7/19/2024 | $2.00 | Overweight | Cantor Fitzgerald |
| 8/1/2023 | $3.00 | Buy | B. Riley Securities |
| 7/17/2023 | $1.20 → $3.00 | Hold → Buy | Canaccord Genuity |
| 7/14/2023 | $1.20 → $3.00 | Hold → Buy | Canaccord Genuity |
| 6/9/2023 | $1.20 | Hold | Canaccord Genuity |
| 3/14/2023 | $1.00 | Neutral | Citigroup |
| 12/7/2022 | $2.00 → $1.00 | Equal Weight → Underweight | Barclays |
KPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium's German subsidiaries and appoints custodian and Chief Insolvency Officers (CIOs)The Lilium business remains fully focused on re-emerging following restructuring; setting sights on fresh investment to support the all-electric Lilium Jet's path to certification and entry into serviceTeams on the ground continue to work towards achieving program milestones; Lilium Jet fuselage enters static test rig MUNICH, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announc
MUNICH, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM) (the "Company" or "Lilium"), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), on Tuesday, October 29, 2024, announced in a Form 6-K filed with the Securities and Exchange Commission that the Company received a written notice from the staff of the Nasdaq Listing Qualifications Department (the "Staff") on October 28, 2024, following the applications of Lilium GmbH and Lilium eAircraft GmbH, the principal operating wholly-owned German subsidiaries of Lilium (the "Subsidiaries"), for insolvency in the local court of Weilheim in Germany and self-administration proceedings pursuant to Section
Follows German parliament´s Budget Committee not approving a loan guarantee that was a condition precedent to a private fundraiseCompany was also unable to reach an agreement in principle with Bavarian government to guarantee a €50 million loanApplication for self-administration proceedings driven by insolvency at Lilium subsidiaries in Germany MUNICH, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced that its principal German subsidiaries will apply for self-administration proceedings in the next few days with the competent court in Germany. This follows a lengthy and complex g
6-K - Lilium N.V. (0001855756) (Filer)
6-K - Lilium N.V. (0001855756) (Filer)
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The agreement will see the parties develop regional air mobility routes that serve key locations across Lombardy. The first route to be developed will connect Milan Malpensa Airport – the largest international airport in northern Italy, which transported over 26 million travellers last year – and Milan city centre. The project formalised by the MoU will allow for the establishment of a network of attractive routes for the operation of the Lilium Jet and other eVTOL aircraft, enhancing accessibility and connectivity for regional air mobility. It will facilitate the fast and efficient movement of people and will be instrumental in delivering some of the first premium eVTOL flights within Euro
Cantor Fitzgerald analyst Andres Sheppard reiterates Lilium (NASDAQ:LILM) with a Overweight and maintains $2 price target.
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KPMG mandated for a structured M&A process – first investor briefings to start soonLocal court approved insolvency filings of Lilium's German subsidiaries and appoints custodian and Chief Insolvency Officers (CIOs)The Lilium business remains fully focused on re-emerging following restructuring; setting sights on fresh investment to support the all-electric Lilium Jet's path to certification and entry into serviceTeams on the ground continue to work towards achieving program milestones; Lilium Jet fuselage enters static test rig MUNICH, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), announc
Philippe Balducchi is CFO of KNDS, one of Europe's largest defense companiesPreviously: CEO of Airbus Canada, Head of Bombardier C-Series/A220 integration, CFO of Airbus North AmericaAppointment due at EGM on September 18, 2024 MUNICH, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), a leading electric aircraft manufacturer and pioneer in Regional Air Mobility (RAM), today announced changes to its Board of Directors, subject to approval at the upcoming extraordinary general meeting of shareholders (EGM) on Wednesday, September 18, 2024. The company intends to appoint Philippe Balducchi as a non-executive member of the Board, while Barry Engle and Henri Courpron, who have
MUNICH, Germany, March 25, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM), developer of the first all-electric vertical take-off and landing ("eVTOL") jet, today announced they have appointed Johan Malmqvist as Chief Financial Officer (CFO) effective April 1, 2024. Johan Malmqvist brings more than 25 years of experience as a CFO of global public and private companies across a variety of sectors and geographies. Most recently, Johan served as CFO at a premium electric vehicle manufacturer, Polestar Automotive Holding UK PLC (NASDAQ:PSNY) ("Polestar"), where he led the company's financial organization, including finance, tax, treasury and investor relations. He also played a pivotal rol
Cantor Fitzgerald downgraded Lilium N.V. from Overweight to Neutral and set a new price target of $1.00 from $2.00 previously
Cantor Fitzgerald initiated coverage of Lilium N.V. with a rating of Overweight and set a new price target of $2.00
B. Riley Securities initiated coverage of Lilium N.V. with a rating of Buy and set a new price target of $3.00
MUNICH, June 03, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. ("Lilium" or the "Company") (NASDAQ:LILM) today announced that it plans to release its First Quarter 2024 Shareholder Letter on June 11, 2024, before market open. The Company will host a conference call that same day at 8:00 a.m. Eastern Daylight Time (EDT). To access the webcast of the call, please visit the Lilium investor relations website at https://investors.lilium.com. To facilitate communications with the wider investor base, Lilium is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lilium management during the conference ca
MUNICH, Germany, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Lilium N.V. ("Lilium" or the "Company") (NASDAQ:LILM) today announced that it plans to release its Full Year and Fourth Quarter 2023 Shareholder Letter on February 27, 2024, before market open. The Company will host a conference call that same day at 8:00 a.m. Eastern Standard Time. To access the webcast of the call, please visit the Lilium investor relations website at https://investors.lilium.com. To facilitate communications with the wider investor base, Lilium is partnering with Say Technologies to allow retail and institutional shareholders to submit and upvote questions, a selection of which will be answered by Lilium management du
MUNICH, Germany, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Lilium N.V. (NASDAQ:LILM) ("Lilium" or the "Company"), developer of the first all-electric vertical take-off and landing ("eVTOL") jet, has released its Third Quarter Business Update. Lilium will host a webcast and conference call to discuss the update today at 8:00 a.m. ET. The details for the webcast, in addition to the Third Quarter Shareholder Letter, can be accessed on the Lilium investor relations website https://investors.lilium.com/. Q3 Highlights Commercial contract with pre-delivery deposits: eVolare a subsidiary of Volare Aviation, one of the United Kingdom's largest helicopter and private jet operators, secures de