View ValuationLaiqon 향후 성장Future 기준 점검 4/6Laiqon (는) 각각 연간 67.3% 및 18.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 66.4% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 12.9% 로 예상됩니다.핵심 정보67.3%이익 성장률66.43%EPS 성장률Capital Markets 이익 성장7.6%매출 성장률18.5%향후 자기자본이익률12.90%애널리스트 커버리지Low마지막 업데이트12 Aug 2026최근 향후 성장 업데이트Price Target Changed • Aug 12Price target decreased by 7.5% to €8.60Down from €9.30, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €4.55. Stock is down 13% over the past year. The company is forecast to post a net loss per share of €0.28 next year compared to a net loss per share of €0.93 last year.Price Target Changed • Jun 08Price target decreased by 8.7% to €8.70Down from €9.53, the current price target is an average from 3 analysts. New target price is 85% above last closing price of €4.71. Stock is up 26% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.93 last year.Price Target Changed • Mar 31Price target decreased by 10% to €9.53Down from €10.63, the current price target is an average from 3 analysts. New target price is 140% above last closing price of €3.98. Stock is down 4.3% over the past year. The company is forecast to post a net loss per share of €0.42 next year compared to a net loss per share of €0.41 last year.Major Estimate Revision • Sep 08Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €38.4m to €37.1m. Losses expected to increase from €0.24 per share to €0.27. Capital Markets industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €10.40. Share price fell 8.7% to €4.64 over the past week.Price Target Changed • Jul 17Price target increased by 12% to €10.50Up from €9.35, the current price target is an average from 2 analysts. New target price is 143% above last closing price of €4.32. Stock is down 8.9% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.Price Target Changed • Jun 27Price target increased by 15% to €9.35Up from €8.13, the current price target is an average from 2 analysts. New target price is 162% above last closing price of €3.57. Stock is down 21% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.모든 업데이트 보기Recent updatesPrice Target Changed • Aug 12Price target decreased by 7.5% to €8.60Down from €9.30, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €4.55. Stock is down 13% over the past year. The company is forecast to post a net loss per share of €0.28 next year compared to a net loss per share of €0.93 last year.공고 • Jul 20Laiqon AG, Annual General Meeting, Aug 27, 2026Laiqon AG, Annual General Meeting, Aug 27, 2026, at 11:00 W. Europe Standard Time.Price Target Changed • Jun 08Price target decreased by 8.7% to €8.70Down from €9.53, the current price target is an average from 3 analysts. New target price is 85% above last closing price of €4.71. Stock is up 26% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.93 last year.Reported Earnings • Apr 19Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: €0.93 loss per share (further deteriorated from €0.41 loss in FY 2024). Revenue: €34.9m (up 13% from FY 2024). Net loss: €19.7m (loss widened 159% from FY 2024). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 101%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.Price Target Changed • Mar 31Price target decreased by 10% to €9.53Down from €10.63, the current price target is an average from 3 analysts. New target price is 140% above last closing price of €3.98. Stock is down 4.3% over the past year. The company is forecast to post a net loss per share of €0.42 next year compared to a net loss per share of €0.41 last year.New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €86.3m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€5.8m). Market cap is less than US$100m (€86.3m market cap, or US$99.7m).공고 • Jan 17+ 1 more updateLaiqon AG Announces Executive AppointmentsLaiqon AG announced Axel Hörger joined the company as a member of the Executive Board and Chief Strategy Officer (CSTRO). The newly formed Executive Board team, with Dipl.-Ing. Achim Plate as Chief Executive Officer (CEO) and Axel Hörger, embodies close cooperation and shared accountability for the premium wealth specialist’s GROWTH 28 strategy. The second management tier has also been reorganised. Four new divisional directors are responsible for finance, AI, technology, and legal, compliance and people & organisation. In addition, Tino Golsch joins the management team led by Stefan Mayerhofer and Oliver Piworus at wealth manager BV Bayerische Vermögen GmbH. By strengthening the management team in key strategic and operational units of the group, LAIQON is underlining its ambition to further develop the company’s scalability and innovative strength. The team at a glance: Christian Sievers, Chief AI Officer (CAIO): Christian Sievers, M.Sc., has been responsible for the growth of WealthTech LAIC since April 2020, together with Mr. Plate, particularly in portfolio management. As CAIO, he and his team will drive forward the further expansion of the LAIC Next Gen Wealth platform’s product portfolio as well as the support and acquisition of white label partners. Particularly noteworthy is the further expansion of the strategic partnership with Union Investment in the area of the WertAnlage cooperation product, which will strengthen LAIQON’s growth in the long term. Dr. Claas Müller-Lankenau, Chief Technology Officer (CTO): As Head of Technology, Dr. Claas Müller-Lankenau has been responsible for the development and further expansion of the IT infrastructure since January 2021. The CTO’s team has contributed significantly to the development of the Digital Asset Platform (DAP 4.0), which serves as the technological backbone for managing the Group’s business segments. The ISO 27001 certification of LAIQON AG and the LAIC subgroup, scheduled for the first quarter of 2026, as well as the further group-wide expansion of GenAI, enhance future resilience and innovative capacity of the premium wealth specialist. Greta Gaumert, General Counsel and Chief HR Officer (CHRO): Greta Gaumert, a fully qualified lawyer, has been responsible for the Group’s legal, regulatory and compliance department as General Counsel and Head of Group Compliance since July 2024. She will now also be responsible for the Risk division and, as the new CHRO, the People & Organisation division, strategically developing and actively supporting the transformation of LAIQON AG into an internationally active, innovation-driven wealth manager. Tino Golsch, Managing Director of BV Bayerische Vermögen GmbH: Tino Golsch has been Managing Director of BV Bayerische Vermögen GmbH since October 2025. With his extensive expertise in human resources management, strategic planning and business development, he strengthens the management team of the asset manager BV Bayerische Vermögen GmbH.분석 기사 • Dec 19Laiqon AG (ETR:LQAG) Stocks Shoot Up 25% But Its P/S Still Looks ReasonableLaiqon AG ( ETR:LQAG ) shares have had a really impressive month, gaining 25% after a shaky period beforehand. But the...공고 • Nov 22LAIQON AG Partners with Amundi to Launch Active AI ETF for Europe in 2026LAIQON AG announced that first active AI ETF will mark the start of a new LAIQON product family. The LAIQON Group is currently working on launching its first actively managed AI ETF in partnership with Amundi, using Amundi's ETF-as-a-Service platform. The new actively managed AI-optimized ETF will be designed to offer institutional and private investors innovative access to the growth potential of European stock markets, leveraging the proven AI technology of LAIC ADVISOR, which has been in use since 2019. LAIC ADVISOR employs a six-step, data-driven analysis and control process that combines global data sources, deep learning and factor models, and uses neural networks. This new ETF will aim to achieve long-term risk-adjusted outperformance relative to the European equity markets through the alpha potential of AI-supported portfolio management. The launch of the ETF is expected for first half of 2026, subject to regulatory approval. The ambition is to distribute the ETF in Germany and make it tradable on the usual platforms on each trading day from the start of distribution. The ETF marks the start of a planned product family, which is aimed at expanding in the future with further strategies, e.g., focusing on the US and global stock markets. As part of the partnership, the LAIQON Group will contribute its expertise in AI-supported portfolio management through its WealthTech subsidiary LAIC, while Amundi will take over the management of the ETF on its White Label and Active ETF platform, contributing its extensive experience in ETF structuring. Capital flows are shifting, new transformative industries are emerging, ESG regulations are forcing investors to adopt clear sustainability strategies, and the use of AI is fundamentally changing the financial world. The new LAIQON ETF aims at combining these trends, making it a differentiating factor in any portfolio. It also serves a segment of the rapidly growing market for active ETFs that has been largely overlooked until now.공고 • Nov 18Laiqon AG Announces Executive ChangesThe Supervisory Board of LAIQON AG has appointed Mr. Axel Hörger to the Executive Board as Chief Strategy Officer (CSTRO) with effect from January 1, 2026. Since March 2025, the former CEO of UBS Deutschland AG has been serving as Senior Advisor to the Board. Mr. Hörger succeeds Stefan Mayerhofer, who will step down from his position as Chief Wealth Officer on December 31, 2025, as planned. Mayerhofer will continue to serve selected clients as a senior advisor at BV Bayerische Vermögen GmbH and manage the Mayerhofer Strategie AMI fund. The newly formed Executive Board team, with Dipl.-Ing. Achim Plate as Chief Executive Officer (CEO) and Axel Hörger, is committed to close collaboration and shared responsibility in driving LAIQON AG’s GROWTH 28 strategy. Mr. Plate as CEO of the LAIQON Group is still responsible for the Digital Wealth business segment as well as the areas of Finance, Legal, Compliance, People & Organization, Technology, and IR/PR. As CSTRO, Mr. Hörger will be responsible for the asset and wealth management business segments as well as group sales and sustainability. He has in-depth expertise in capital markets coupled with digital and quantitative understanding. Special emphasis will be placed on strengthening collaboration with national and international partner networks in the area of sales. His parallel leadership role in the Swiss subsidiary of the LAIQON Group underscores the growing importance of the DACH region for the Group. Axel Hörger brings many years of leadership experience at international asset and wealth managers and can draw on a broad network in the industry. Most recently, he was co-founder and chairman of AIB Acquisition Cooperation, a New York-based SPAC listed on Nasdaq. Previously, he was CEO of Petiole Asset Management AG (Switzerland), CEO of Lombard International Assurance in Europe, and from 2011 to 2015 CEO of UBS Deutschland AG and head of its Wealth Management. Before that, Mr. Hörger worked for 16 years at Goldman Sachs as Managing Director, most recently as Head of Institutional Sales for EMEA in Asset Management. To this day, he is active in various advisory boards, including Siemens and Atlantik-Brücke e.V.New Risk • Oct 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.0m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€5.8m). Market cap is less than US$100m (€85.0m market cap, or US$99.0m).Major Estimate Revision • Sep 08Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €38.4m to €37.1m. Losses expected to increase from €0.24 per share to €0.27. Capital Markets industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €10.40. Share price fell 8.7% to €4.64 over the past week.New Risk • Aug 31New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€5.8m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company.분석 기사 • Aug 24Revenues Tell The Story For Laiqon AG (ETR:LQAG) As Its Stock Soars 27%Laiqon AG ( ETR:LQAG ) shares have continued their recent momentum with a 27% gain in the last month alone...분석 기사 • Aug 22We Think Shareholders May Want To Consider A Review Of Laiqon AG's (ETR:LQAG) CEO Compensation PackageKey Insights Laiqon's Annual General Meeting to take place on 28th of August Total pay for CEO Achim Plate includes...공고 • Jul 21Laiqon AG, Annual General Meeting, Aug 28, 2025Laiqon AG, Annual General Meeting, Aug 28, 2025, at 10:00 W. Europe Standard Time.Price Target Changed • Jul 17Price target increased by 12% to €10.50Up from €9.35, the current price target is an average from 2 analysts. New target price is 143% above last closing price of €4.32. Stock is down 8.9% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.분석 기사 • Jul 06Laiqon AG (ETR:LQAG) Screens Well But There Might Be A CatchWith a price-to-sales (or "P/S") ratio of 2.8x Laiqon AG ( ETR:LQAG ) may be sending bullish signals at the moment...Price Target Changed • Jun 27Price target increased by 15% to €9.35Up from €8.13, the current price target is an average from 2 analysts. New target price is 162% above last closing price of €3.57. Stock is down 21% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.Major Estimate Revision • Apr 16Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €39.5m to €35.7m. Losses expected to increase from €0.23 per share to €0.26. Capital Markets industry in Germany expected to see average net income growth of 12% next year. Consensus price target broadly unchanged at €8.13. Share price was steady at €3.94 over the past week.New Risk • Apr 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€83.3m market cap, or US$94.4m).Reported Earnings • Apr 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: €0.41 loss per share (improved from €0.70 loss in FY 2023). Revenue: €31.0m (flat on FY 2023). Net loss: €7.63m (loss narrowed 38% from FY 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.New Risk • Dec 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.8m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€11m). Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Market cap is less than US$100m (€94.8m market cap, or US$99.4m).분석 기사 • Oct 08Investors Interested In Laiqon AG's (ETR:LQAG) RevenuesWhen close to half the companies in the Capital Markets industry in Germany have price-to-sales ratios (or "P/S") below...Major Estimate Revision • Sep 06Consensus EPS estimates fall by 84%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €36.5m to €33.0m. Losses expected to increase from €0.23 per share to €0.42. Capital Markets industry in Germany expected to see average net income growth of 7.9% next year. Consensus price target down from €10.93 to €8.33. Share price fell 14% to €4.21 over the past week.Price Target Changed • Sep 02Price target decreased by 19% to €9.10Down from €11.17, the current price target is an average from 3 analysts. New target price is 107% above last closing price of €4.40. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €0.39 next year compared to a net loss per share of €0.70 last year.분석 기사 • Aug 23Increases to Laiqon AG's (ETR:LQAG) CEO Compensation Might Cool off for nowKey Insights Laiqon will host its Annual General Meeting on 29th of August Salary of €378.0k is part of CEO Achim...공고 • Jul 30meine Volksbank Raiffeisenbank eG signed a letter of intent to acquire 25% stake in Bv Bayerische Vermögen GmbH from Laiqon AG (XTRA:LQAG).meine Volksbank Raiffeisenbank eG signed a letter of intent to acquire 25% stake in Bv Bayerische Vermögen GmbH from Laiqon AG (XTRA:LQAG) on July 30, 2024. The purchase and transfer agreement for the acquisition of 25% of BV GmbH is scheduled to be concluded within the next three months. The financial details of the investment have been kept confidential. As part of the deepening of the partnership agreed in the LoI, the mVBRB is to acquire a 25% stake in BV GmbH from LAIQON AG after completion of the due diligence. A first partial step of 9.9% of this is to be carried out directly. In order to complete the further 15.1% to 25% in a second partial step, the completion of an owner control procedure by the Federal Financial Supervisory Authority (BaFin) is required beforehand.공고 • Jul 22Laiqon AG, Annual General Meeting, Aug 29, 2024Laiqon AG, Annual General Meeting, Aug 29, 2024, at 10:00 W. Europe Standard Time.New Risk • May 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€12m). Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).Major Estimate Revision • May 19Consensus estimates of losses per share improve by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €36.9m to €38.2m. EPS estimate increased from -€0.25 per share to -€0.193 per share. Capital Markets industry in Germany expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at €11.00. Share price rose 2.3% to €5.40 over the past week.Price Target Changed • Apr 19Price target decreased by 8.2% to €11.17Down from €12.17, the current price target is an average from 3 analysts. New target price is 126% above last closing price of €4.94. Stock is down 37% over the past year. The company is forecast to post a net loss per share of €0.25 next year compared to a net loss per share of €0.70 last year.Major Estimate Revision • Apr 19Consensus estimates of losses per share improve by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €36.2m to €36.9m. EPS estimate increased from -€0.28 per share to -€0.25 per share. Capital Markets industry in Germany expected to see average net income growth of 19% next year. Consensus price target down from €12.17 to €11.17. Share price fell 5.0% to €4.94 over the past week.Major Estimate Revision • Apr 09Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €42.4m to €36.2m. Forecast losses increased from -€0.11 to -€0.28 per share. Capital Markets industry in Germany expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at €12.17. Share price rose 3.6% to €5.24 over the past week.Reported Earnings • Apr 01Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €0.70 loss per share (further deteriorated from €0.67 loss in FY 2022). Revenue: €30.7m (up 43% from FY 2022). Net loss: €12.3m (loss widened 21% from FY 2022). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 166%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.분석 기사 • Jan 09Laiqon AG's (ETR:LQAG) Price In Tune With RevenuesLaiqon AG's ( ETR:LQAG ) price-to-sales (or "P/S") ratio of 4.8x might make it look like a sell right now compared to...Price Target Changed • Jan 04Price target increased by 9.5% to €12.35Up from €11.28, the current price target is an average from 3 analysts. New target price is 82% above last closing price of €6.80. Stock is down 8.6% over the past year. The company is forecast to post a net loss per share of €0.26 next year compared to a net loss per share of €0.67 last year.Price Target Changed • Jun 02Price target increased by 8.0% to €11.82Up from €10.94, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €7.80. Stock is down 20% over the past year. The company is forecast to post a net loss per share of €0.26 next year compared to a net loss per share of €0.67 last year.Major Estimate Revision • Apr 08Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €39.7m to €32.8m. Forecast losses increased from -€0.032 to -€0.34 per share. Capital Markets industry in Germany expected to see average net income decline 20% next year. Consensus price target of €10.31 unchanged from last update. Share price fell 4.0% to €8.10 over the past week.Price Target Changed • Apr 06Price target increased by 15% to €10.31Up from €8.93, the current price target is an average from 4 analysts. New target price is 27% above last closing price of €8.10. Stock is down 16% over the past year. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €0.67 last year.Reported Earnings • Apr 02Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: €0.67 loss per share (down from €0.39 profit in FY 2021). Revenue: €21.6m (down 17% from FY 2021). Net loss: €10.2m (down 297% from profit in FY 2021). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.Price Target Changed • Feb 20Price target decreased by 14% to €10.18Down from €11.88, the current price target is an average from 4 analysts. New target price is 28% above last closing price of €7.96. Stock is down 23% over the past year. The company is forecast to post a net loss per share of €0.40 compared to earnings per share of €0.39 last year.Price Target Changed • Nov 16Price target decreased to €11.65Down from €12.80, the current price target is an average from 4 analysts. New target price is 61% above last closing price of €7.24. Stock is down 31% over the past year. The company is forecast to post a net loss per share of €0.48 compared to earnings per share of €0.39 last year.Price Target Changed • Oct 17Price target decreased to €11.65Down from €12.80, the current price target is an average from 3 analysts. New target price is 102% above last closing price of €5.76. Stock is down 39% over the past year. The company is forecast to post a net loss per share of €0.51 compared to earnings per share of €0.39 last year.Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 forecast for profit of -€0.04 instead of a loss of €0.02 per share previously. Revenue forecast unchanged at €33.1m. Capital Markets industry in Germany expected to see average net income growth of 12% next year. Consensus price target down from €12.80 to €12.53. Share price fell 2.9% to €6.10 over the past week.Price Target Changed • Jul 29Price target decreased to €12.80Down from €17.17, the current price target is an average from 3 analysts. New target price is 73% above last closing price of €7.40. Stock is down 17% over the past year. The company posted earnings per share of €0.39 last year.분석 기사 • Jul 28Lloyd Fonds AG (ETR:L1OA) Analysts Just Trimmed Their Revenue Forecasts By 19%The latest analyst coverage could presage a bad day for Lloyd Fonds AG ( ETR:L1OA ), with the analysts making...Major Estimate Revision • Jul 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €44.0m to €35.4m. EPS estimate reaffirmed at €0.10. Net income forecast to shrink 73% next year vs 20% growth forecast for Capital Markets industry in Germany . Consensus price target down from €17.17 to €16.30. Share price fell 8.8% to €7.30 over the past week.Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 24% share price gain to €9.58, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 13x in the Capital Markets industry in Germany. Total returns to shareholders of 85% over the past three years.Reported Earnings • Apr 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.39 (up from €0.053 loss in FY 2020). Revenue: €26.1m (down 5.8% from FY 2020). Net income: €5.15m (up €5.85m from FY 2020). Profit margin: 20% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 100% compared to a 7.4% decline forecast for the funds industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.48, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 87% over the past three years.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €10.70, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 13x in the Capital Markets industry in Germany. Total returns to shareholders of 128% over the past three years.Valuation Update With 7 Day Price Move • Jan 10Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €13.20, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 170% over the past three years.Major Estimate Revision • Nov 27Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.10 to €0.065. Revenue forecast unchanged from €33.4m at last update. Net income forecast to shrink 59% next year vs 11% growth forecast for Capital Markets industry in Germany . Consensus price target up from €14.47 to €16.50. Share price rose 11% to €11.75 over the past week.Price Target Changed • Sep 16Price target increased to €14.47Up from €12.68, the current price target is an average from 3 analysts. New target price is 45% above last closing price of €10.00. Stock is up 109% over the past year.Reported Earnings • Aug 29First half 2021 earnings released: EPS €0.28 (vs €0.30 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €18.2m (up 195% from 1H 2020). Net income: €3.71m (up €7.64m from 1H 2020). Profit margin: 20% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Price Target Changed • Jul 07Price target increased to €12.68Up from €11.45, the current price target is an average from 4 analysts. New target price is 26% above last closing price of €10.05. Stock is up 181% over the past year.분석 기사 • May 10We Might See A Profit From Lloyd Fonds AG (ETR:L1OA) SoonWith the business potentially at an important milestone, we thought we'd take a closer look at Lloyd Fonds AG's...Reported Earnings • Apr 04Full year 2020 earnings released: €0.05 loss per share (vs €0.009 loss in FY 2019)The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2020 results: Revenue: €27.7m (up 237% from FY 2019). Net loss: €703.0k (loss widened €610.0k from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.분석 기사 • Feb 09How Much Of Lloyd Fonds AG (ETR:L1OA) Do Institutions Own?Every investor in Lloyd Fonds AG ( ETR:L1OA ) should be aware of the most powerful shareholder groups. Generally...공고 • Jan 15BankInvest Group, Strategic Investments A/S (CPSE:STRINV), funds managed by Lloyd Fonds AG (XTRA:L1OA), Søren Skovbølling, Michael Andersen, Morten Lindblad, Herbert Nathan, Claus Dalsgaard, Ken Jarlfort and Claus Kristiansen acquired 5.24% stake in Agillic A/S (CPSE:AGILC) from four major shareholders for DKK 10.5 million.BankInvest Group, Strategic Investments A/S (CPSE:STRINV), funds managed by Lloyd Fonds AG (XTRA:L1OA), Søren Skovbølling, Michael Andersen, Morten Lindblad, Herbert Nathan, Claus Dalsgaard, Ken Jarlfort and Claus Kristiansen (buyers) acquired 5.24% stake in Agillic A/S (CPSE:AGILC) from four major shareholders for DKK 10.5 million on January 14, 2021. Under the transaction, a total of 0.525 million shares were sold for a price of DKK 20 per share. In a related transaction, the buyers acquired 0.58 million in new shares of Agillic for DKK 11.65 million. Michael Andersen invested DKK 2 million. Through the transaction BankInvest increased its investment in Agillic. Michael Andersen will join the Board of Directors of Agillic. BankInvest Group, Strategic Investments A/S (CPSE:STRINV), funds managed by Lloyd Fonds AG (XTRA:L1OA), Søren Skovbølling, Michael Andersen, Morten Lindblad, Herbert Nathan, Claus Dalsgaard, Ken Jarlfort, and Claus Kristiansen completed the acquisition of .24% stake in Agillic A/S (CPSE:AGILC) from four major shareholders on January 14, 2021.Price Target Changed • Jan 07Price target raised to €9.75Up from €8.45, the current price target is an average from 4 analysts. The new target price is 39% above the current share price of €7.00. As of last close, the stock is up 35% over the past year.Is New 90 Day High Low • Jan 06New 90-day high: €6.95The company is up 36% from its price of €5.10 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 7.0% over the same period.분석 기사 • Dec 19Analysts Are Betting On Lloyd Fonds AG (ETR:L1OA) With A Big Upgrade This WeekShareholders in Lloyd Fonds AG ( ETR:L1OA ) may be thrilled to learn that the analysts have just delivered a major...Price Target Changed • Nov 17Price target raised to €7.58Up from €6.88, the current price target is an average from 4 analysts. The new target price is 24% above the current share price of €6.10. As of last close, the stock is up 21% over the past year.Major Estimate Revision • Nov 14Analysts update estimatesThe 2020 consensus revenue estimate increased from €15.1m to €17.3m. Earning per share (EPS) estimate was unchanged from the last update at -€0.16. The Capital Markets industry in Germany is expected to see a 14% decline in net income next year. The consensus price target of €7.15 was unchanged from the last update. Share price is up 9.0% to €6.05 over the past week.Is New 90 Day High Low • Nov 03New 90-day high: €5.15The company is up 13% from its price of €4.56 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.Major Estimate Revision • Oct 24Analysts increase EPS estimates to -€0.16The 2020 consensus revenue estimate increased from €14.8m to €15.1m. Analysts raised their EPS forecasts from -€0.22 to -€0.16 in 2020. The Capital Markets industry in Germany is expected to see a 11% decline in net income next year. The consensus price target increased from €6.88 to €7.15. Share price stayed mostly flat at €4.84 over the past week.Is New 90 Day High Low • Oct 06New 90-day high: €5.05The company is up 41% from its price of €3.58 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.이익 및 매출 성장 예측XTRA:LQAG - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202881102015312/31/202766268312/31/202653-7-11312/31/202535-20-5-2N/A9/30/202533-14-4-1N/A6/30/202530-9-6-3N/A3/31/202531-8-6-3N/A12/31/202431-8-3-1N/A9/30/202430-10-7-6N/A6/30/202430-13-11-11N/A3/31/202430-13-12-11N/A12/31/202331-12-12-11N/A9/30/202330-9-12-10N/A6/30/202329-6-11-10N/A3/31/202325-8-8-6N/A12/31/202222-10-4-3N/A9/30/202219-812N/A6/30/202217-557N/A3/31/20222101213N/A12/31/20212651920N/A9/30/20213361516N/A6/30/20214071213N/A3/31/202134356N/A12/31/202028-1-2-1N/A9/30/202019-3-5-3N/A6/30/202011-5-7-5N/A3/31/20209-3-8-4N/A12/31/201980-8-3N/A9/30/201980N/A-3N/A6/30/201990N/A-2N/A3/31/20198-1N/A-2N/A12/31/20188-2N/A-1N/A9/30/20187-1N/A1N/A6/30/201870N/A3N/A3/31/201870N/A2N/A12/31/201771N/A1N/A9/30/201782N/A2N/A6/30/201782N/A3N/A3/31/201793N/A3N/A12/31/201693N/A2N/A9/30/2016103N/A2N/A6/30/2016113N/A2N/A3/31/2016112N/A3N/A12/31/2015112N/A3N/A9/30/2015111N/A3N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: LQAG 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(2.1%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: LQAG (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: LQAG 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: LQAG 의 수익(연간 18.5%)이 German 시장(연간 6.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: LQAG 의 수익(연간 18.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: LQAG의 자본 수익률은 3년 후 12.9%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YDiversified-financials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/17 09:42종가2026/08/17 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Laiqon AG는 6명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Christian OrqueraFirst Berlin Equity Research GmbHCosmin FilkerGBC AGHenry WendischNuWays AG3명의 분석가 더 보기
Price Target Changed • Aug 12Price target decreased by 7.5% to €8.60Down from €9.30, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €4.55. Stock is down 13% over the past year. The company is forecast to post a net loss per share of €0.28 next year compared to a net loss per share of €0.93 last year.
Price Target Changed • Jun 08Price target decreased by 8.7% to €8.70Down from €9.53, the current price target is an average from 3 analysts. New target price is 85% above last closing price of €4.71. Stock is up 26% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.93 last year.
Price Target Changed • Mar 31Price target decreased by 10% to €9.53Down from €10.63, the current price target is an average from 3 analysts. New target price is 140% above last closing price of €3.98. Stock is down 4.3% over the past year. The company is forecast to post a net loss per share of €0.42 next year compared to a net loss per share of €0.41 last year.
Major Estimate Revision • Sep 08Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €38.4m to €37.1m. Losses expected to increase from €0.24 per share to €0.27. Capital Markets industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €10.40. Share price fell 8.7% to €4.64 over the past week.
Price Target Changed • Jul 17Price target increased by 12% to €10.50Up from €9.35, the current price target is an average from 2 analysts. New target price is 143% above last closing price of €4.32. Stock is down 8.9% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.
Price Target Changed • Jun 27Price target increased by 15% to €9.35Up from €8.13, the current price target is an average from 2 analysts. New target price is 162% above last closing price of €3.57. Stock is down 21% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.
Price Target Changed • Aug 12Price target decreased by 7.5% to €8.60Down from €9.30, the current price target is an average from 3 analysts. New target price is 89% above last closing price of €4.55. Stock is down 13% over the past year. The company is forecast to post a net loss per share of €0.28 next year compared to a net loss per share of €0.93 last year.
공고 • Jul 20Laiqon AG, Annual General Meeting, Aug 27, 2026Laiqon AG, Annual General Meeting, Aug 27, 2026, at 11:00 W. Europe Standard Time.
Price Target Changed • Jun 08Price target decreased by 8.7% to €8.70Down from €9.53, the current price target is an average from 3 analysts. New target price is 85% above last closing price of €4.71. Stock is up 26% over the past year. The company is forecast to post a net loss per share of €0.29 next year compared to a net loss per share of €0.93 last year.
Reported Earnings • Apr 19Full year 2025 earnings: EPS and revenues miss analyst expectationsFull year 2025 results: €0.93 loss per share (further deteriorated from €0.41 loss in FY 2024). Revenue: €34.9m (up 13% from FY 2024). Net loss: €19.7m (loss widened 159% from FY 2024). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) also missed analyst estimates by 101%. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Mar 31Price target decreased by 10% to €9.53Down from €10.63, the current price target is an average from 3 analysts. New target price is 140% above last closing price of €3.98. Stock is down 4.3% over the past year. The company is forecast to post a net loss per share of €0.42 next year compared to a net loss per share of €0.41 last year.
New Risk • Mar 25New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €86.3m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€5.8m). Market cap is less than US$100m (€86.3m market cap, or US$99.7m).
공고 • Jan 17+ 1 more updateLaiqon AG Announces Executive AppointmentsLaiqon AG announced Axel Hörger joined the company as a member of the Executive Board and Chief Strategy Officer (CSTRO). The newly formed Executive Board team, with Dipl.-Ing. Achim Plate as Chief Executive Officer (CEO) and Axel Hörger, embodies close cooperation and shared accountability for the premium wealth specialist’s GROWTH 28 strategy. The second management tier has also been reorganised. Four new divisional directors are responsible for finance, AI, technology, and legal, compliance and people & organisation. In addition, Tino Golsch joins the management team led by Stefan Mayerhofer and Oliver Piworus at wealth manager BV Bayerische Vermögen GmbH. By strengthening the management team in key strategic and operational units of the group, LAIQON is underlining its ambition to further develop the company’s scalability and innovative strength. The team at a glance: Christian Sievers, Chief AI Officer (CAIO): Christian Sievers, M.Sc., has been responsible for the growth of WealthTech LAIC since April 2020, together with Mr. Plate, particularly in portfolio management. As CAIO, he and his team will drive forward the further expansion of the LAIC Next Gen Wealth platform’s product portfolio as well as the support and acquisition of white label partners. Particularly noteworthy is the further expansion of the strategic partnership with Union Investment in the area of the WertAnlage cooperation product, which will strengthen LAIQON’s growth in the long term. Dr. Claas Müller-Lankenau, Chief Technology Officer (CTO): As Head of Technology, Dr. Claas Müller-Lankenau has been responsible for the development and further expansion of the IT infrastructure since January 2021. The CTO’s team has contributed significantly to the development of the Digital Asset Platform (DAP 4.0), which serves as the technological backbone for managing the Group’s business segments. The ISO 27001 certification of LAIQON AG and the LAIC subgroup, scheduled for the first quarter of 2026, as well as the further group-wide expansion of GenAI, enhance future resilience and innovative capacity of the premium wealth specialist. Greta Gaumert, General Counsel and Chief HR Officer (CHRO): Greta Gaumert, a fully qualified lawyer, has been responsible for the Group’s legal, regulatory and compliance department as General Counsel and Head of Group Compliance since July 2024. She will now also be responsible for the Risk division and, as the new CHRO, the People & Organisation division, strategically developing and actively supporting the transformation of LAIQON AG into an internationally active, innovation-driven wealth manager. Tino Golsch, Managing Director of BV Bayerische Vermögen GmbH: Tino Golsch has been Managing Director of BV Bayerische Vermögen GmbH since October 2025. With his extensive expertise in human resources management, strategic planning and business development, he strengthens the management team of the asset manager BV Bayerische Vermögen GmbH.
분석 기사 • Dec 19Laiqon AG (ETR:LQAG) Stocks Shoot Up 25% But Its P/S Still Looks ReasonableLaiqon AG ( ETR:LQAG ) shares have had a really impressive month, gaining 25% after a shaky period beforehand. But the...
공고 • Nov 22LAIQON AG Partners with Amundi to Launch Active AI ETF for Europe in 2026LAIQON AG announced that first active AI ETF will mark the start of a new LAIQON product family. The LAIQON Group is currently working on launching its first actively managed AI ETF in partnership with Amundi, using Amundi's ETF-as-a-Service platform. The new actively managed AI-optimized ETF will be designed to offer institutional and private investors innovative access to the growth potential of European stock markets, leveraging the proven AI technology of LAIC ADVISOR, which has been in use since 2019. LAIC ADVISOR employs a six-step, data-driven analysis and control process that combines global data sources, deep learning and factor models, and uses neural networks. This new ETF will aim to achieve long-term risk-adjusted outperformance relative to the European equity markets through the alpha potential of AI-supported portfolio management. The launch of the ETF is expected for first half of 2026, subject to regulatory approval. The ambition is to distribute the ETF in Germany and make it tradable on the usual platforms on each trading day from the start of distribution. The ETF marks the start of a planned product family, which is aimed at expanding in the future with further strategies, e.g., focusing on the US and global stock markets. As part of the partnership, the LAIQON Group will contribute its expertise in AI-supported portfolio management through its WealthTech subsidiary LAIC, while Amundi will take over the management of the ETF on its White Label and Active ETF platform, contributing its extensive experience in ETF structuring. Capital flows are shifting, new transformative industries are emerging, ESG regulations are forcing investors to adopt clear sustainability strategies, and the use of AI is fundamentally changing the financial world. The new LAIQON ETF aims at combining these trends, making it a differentiating factor in any portfolio. It also serves a segment of the rapidly growing market for active ETFs that has been largely overlooked until now.
공고 • Nov 18Laiqon AG Announces Executive ChangesThe Supervisory Board of LAIQON AG has appointed Mr. Axel Hörger to the Executive Board as Chief Strategy Officer (CSTRO) with effect from January 1, 2026. Since March 2025, the former CEO of UBS Deutschland AG has been serving as Senior Advisor to the Board. Mr. Hörger succeeds Stefan Mayerhofer, who will step down from his position as Chief Wealth Officer on December 31, 2025, as planned. Mayerhofer will continue to serve selected clients as a senior advisor at BV Bayerische Vermögen GmbH and manage the Mayerhofer Strategie AMI fund. The newly formed Executive Board team, with Dipl.-Ing. Achim Plate as Chief Executive Officer (CEO) and Axel Hörger, is committed to close collaboration and shared responsibility in driving LAIQON AG’s GROWTH 28 strategy. Mr. Plate as CEO of the LAIQON Group is still responsible for the Digital Wealth business segment as well as the areas of Finance, Legal, Compliance, People & Organization, Technology, and IR/PR. As CSTRO, Mr. Hörger will be responsible for the asset and wealth management business segments as well as group sales and sustainability. He has in-depth expertise in capital markets coupled with digital and quantitative understanding. Special emphasis will be placed on strengthening collaboration with national and international partner networks in the area of sales. His parallel leadership role in the Swiss subsidiary of the LAIQON Group underscores the growing importance of the DACH region for the Group. Axel Hörger brings many years of leadership experience at international asset and wealth managers and can draw on a broad network in the industry. Most recently, he was co-founder and chairman of AIB Acquisition Cooperation, a New York-based SPAC listed on Nasdaq. Previously, he was CEO of Petiole Asset Management AG (Switzerland), CEO of Lombard International Assurance in Europe, and from 2011 to 2015 CEO of UBS Deutschland AG and head of its Wealth Management. Before that, Mr. Hörger worked for 16 years at Goldman Sachs as Managing Director, most recently as Head of Institutional Sales for EMEA in Asset Management. To this day, he is active in various advisory boards, including Siemens and Atlantik-Brücke e.V.
New Risk • Oct 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €85.0m (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€5.8m). Market cap is less than US$100m (€85.0m market cap, or US$99.0m).
Major Estimate Revision • Sep 08Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €38.4m to €37.1m. Losses expected to increase from €0.24 per share to €0.27. Capital Markets industry in Germany expected to see average net income growth of 21% next year. Consensus price target broadly unchanged at €10.40. Share price fell 8.7% to €4.64 over the past week.
New Risk • Aug 31New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€5.8m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. This is currently the only risk that has been identified for the company.
분석 기사 • Aug 24Revenues Tell The Story For Laiqon AG (ETR:LQAG) As Its Stock Soars 27%Laiqon AG ( ETR:LQAG ) shares have continued their recent momentum with a 27% gain in the last month alone...
분석 기사 • Aug 22We Think Shareholders May Want To Consider A Review Of Laiqon AG's (ETR:LQAG) CEO Compensation PackageKey Insights Laiqon's Annual General Meeting to take place on 28th of August Total pay for CEO Achim Plate includes...
공고 • Jul 21Laiqon AG, Annual General Meeting, Aug 28, 2025Laiqon AG, Annual General Meeting, Aug 28, 2025, at 10:00 W. Europe Standard Time.
Price Target Changed • Jul 17Price target increased by 12% to €10.50Up from €9.35, the current price target is an average from 2 analysts. New target price is 143% above last closing price of €4.32. Stock is down 8.9% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.
분석 기사 • Jul 06Laiqon AG (ETR:LQAG) Screens Well But There Might Be A CatchWith a price-to-sales (or "P/S") ratio of 2.8x Laiqon AG ( ETR:LQAG ) may be sending bullish signals at the moment...
Price Target Changed • Jun 27Price target increased by 15% to €9.35Up from €8.13, the current price target is an average from 2 analysts. New target price is 162% above last closing price of €3.57. Stock is down 21% over the past year. The company is forecast to post a net loss per share of €0.24 next year compared to a net loss per share of €0.41 last year.
Major Estimate Revision • Apr 16Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from €39.5m to €35.7m. Losses expected to increase from €0.23 per share to €0.26. Capital Markets industry in Germany expected to see average net income growth of 12% next year. Consensus price target broadly unchanged at €8.13. Share price was steady at €3.94 over the past week.
New Risk • Apr 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Market cap is less than US$100m (€83.3m market cap, or US$94.4m).
Reported Earnings • Apr 01Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: €0.41 loss per share (improved from €0.70 loss in FY 2023). Revenue: €31.0m (flat on FY 2023). Net loss: €7.63m (loss narrowed 38% from FY 2023). Revenue missed analyst estimates by 4.0%. Earnings per share (EPS) also missed analyst estimates by 2.5%. Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
New Risk • Dec 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €94.8m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€11m). Share price has been volatile over the past 3 months (7.4% average weekly change). Shareholders have been diluted in the past year (8.9% increase in shares outstanding). Market cap is less than US$100m (€94.8m market cap, or US$99.4m).
분석 기사 • Oct 08Investors Interested In Laiqon AG's (ETR:LQAG) RevenuesWhen close to half the companies in the Capital Markets industry in Germany have price-to-sales ratios (or "P/S") below...
Major Estimate Revision • Sep 06Consensus EPS estimates fall by 84%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €36.5m to €33.0m. Losses expected to increase from €0.23 per share to €0.42. Capital Markets industry in Germany expected to see average net income growth of 7.9% next year. Consensus price target down from €10.93 to €8.33. Share price fell 14% to €4.21 over the past week.
Price Target Changed • Sep 02Price target decreased by 19% to €9.10Down from €11.17, the current price target is an average from 3 analysts. New target price is 107% above last closing price of €4.40. Stock is down 44% over the past year. The company is forecast to post a net loss per share of €0.39 next year compared to a net loss per share of €0.70 last year.
분석 기사 • Aug 23Increases to Laiqon AG's (ETR:LQAG) CEO Compensation Might Cool off for nowKey Insights Laiqon will host its Annual General Meeting on 29th of August Salary of €378.0k is part of CEO Achim...
공고 • Jul 30meine Volksbank Raiffeisenbank eG signed a letter of intent to acquire 25% stake in Bv Bayerische Vermögen GmbH from Laiqon AG (XTRA:LQAG).meine Volksbank Raiffeisenbank eG signed a letter of intent to acquire 25% stake in Bv Bayerische Vermögen GmbH from Laiqon AG (XTRA:LQAG) on July 30, 2024. The purchase and transfer agreement for the acquisition of 25% of BV GmbH is scheduled to be concluded within the next three months. The financial details of the investment have been kept confidential. As part of the deepening of the partnership agreed in the LoI, the mVBRB is to acquire a 25% stake in BV GmbH from LAIQON AG after completion of the due diligence. A first partial step of 9.9% of this is to be carried out directly. In order to complete the further 15.1% to 25% in a second partial step, the completion of an owner control procedure by the Federal Financial Supervisory Authority (BaFin) is required beforehand.
공고 • Jul 22Laiqon AG, Annual General Meeting, Aug 29, 2024Laiqon AG, Annual General Meeting, Aug 29, 2024, at 10:00 W. Europe Standard Time.
New Risk • May 23New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€12m). Share price has been volatile over the past 3 months (8.3% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
Major Estimate Revision • May 19Consensus estimates of losses per share improve by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €36.9m to €38.2m. EPS estimate increased from -€0.25 per share to -€0.193 per share. Capital Markets industry in Germany expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at €11.00. Share price rose 2.3% to €5.40 over the past week.
Price Target Changed • Apr 19Price target decreased by 8.2% to €11.17Down from €12.17, the current price target is an average from 3 analysts. New target price is 126% above last closing price of €4.94. Stock is down 37% over the past year. The company is forecast to post a net loss per share of €0.25 next year compared to a net loss per share of €0.70 last year.
Major Estimate Revision • Apr 19Consensus estimates of losses per share improve by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from €36.2m to €36.9m. EPS estimate increased from -€0.28 per share to -€0.25 per share. Capital Markets industry in Germany expected to see average net income growth of 19% next year. Consensus price target down from €12.17 to €11.17. Share price fell 5.0% to €4.94 over the past week.
Major Estimate Revision • Apr 09Consensus revenue estimates fall by 15%The consensus outlook for revenues in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from €42.4m to €36.2m. Forecast losses increased from -€0.11 to -€0.28 per share. Capital Markets industry in Germany expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at €12.17. Share price rose 3.6% to €5.24 over the past week.
Reported Earnings • Apr 01Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: €0.70 loss per share (further deteriorated from €0.67 loss in FY 2022). Revenue: €30.7m (up 43% from FY 2022). Net loss: €12.3m (loss widened 21% from FY 2022). Revenue missed analyst estimates by 8.6%. Earnings per share (EPS) also missed analyst estimates by 166%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Capital Markets industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
분석 기사 • Jan 09Laiqon AG's (ETR:LQAG) Price In Tune With RevenuesLaiqon AG's ( ETR:LQAG ) price-to-sales (or "P/S") ratio of 4.8x might make it look like a sell right now compared to...
Price Target Changed • Jan 04Price target increased by 9.5% to €12.35Up from €11.28, the current price target is an average from 3 analysts. New target price is 82% above last closing price of €6.80. Stock is down 8.6% over the past year. The company is forecast to post a net loss per share of €0.26 next year compared to a net loss per share of €0.67 last year.
Price Target Changed • Jun 02Price target increased by 8.0% to €11.82Up from €10.94, the current price target is an average from 3 analysts. New target price is 51% above last closing price of €7.80. Stock is down 20% over the past year. The company is forecast to post a net loss per share of €0.26 next year compared to a net loss per share of €0.67 last year.
Major Estimate Revision • Apr 08Consensus revenue estimates fall by 17%The consensus outlook for revenues in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from €39.7m to €32.8m. Forecast losses increased from -€0.032 to -€0.34 per share. Capital Markets industry in Germany expected to see average net income decline 20% next year. Consensus price target of €10.31 unchanged from last update. Share price fell 4.0% to €8.10 over the past week.
Price Target Changed • Apr 06Price target increased by 15% to €10.31Up from €8.93, the current price target is an average from 4 analysts. New target price is 27% above last closing price of €8.10. Stock is down 16% over the past year. The company is forecast to post a net loss per share of €0.34 next year compared to a net loss per share of €0.67 last year.
Reported Earnings • Apr 02Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: €0.67 loss per share (down from €0.39 profit in FY 2021). Revenue: €21.6m (down 17% from FY 2021). Net loss: €10.2m (down 297% from profit in FY 2021). Revenue missed analyst estimates by 25%. Earnings per share (EPS) also missed analyst estimates by 69%. Revenue is forecast to grow 25% p.a. on average during the next 3 years, while revenues in the Capital Markets industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings.
Price Target Changed • Feb 20Price target decreased by 14% to €10.18Down from €11.88, the current price target is an average from 4 analysts. New target price is 28% above last closing price of €7.96. Stock is down 23% over the past year. The company is forecast to post a net loss per share of €0.40 compared to earnings per share of €0.39 last year.
Price Target Changed • Nov 16Price target decreased to €11.65Down from €12.80, the current price target is an average from 4 analysts. New target price is 61% above last closing price of €7.24. Stock is down 31% over the past year. The company is forecast to post a net loss per share of €0.48 compared to earnings per share of €0.39 last year.
Price Target Changed • Oct 17Price target decreased to €11.65Down from €12.80, the current price target is an average from 3 analysts. New target price is 102% above last closing price of €5.76. Stock is down 39% over the past year. The company is forecast to post a net loss per share of €0.51 compared to earnings per share of €0.39 last year.
Major Estimate Revision • Sep 10Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 forecast for profit of -€0.04 instead of a loss of €0.02 per share previously. Revenue forecast unchanged at €33.1m. Capital Markets industry in Germany expected to see average net income growth of 12% next year. Consensus price target down from €12.80 to €12.53. Share price fell 2.9% to €6.10 over the past week.
Price Target Changed • Jul 29Price target decreased to €12.80Down from €17.17, the current price target is an average from 3 analysts. New target price is 73% above last closing price of €7.40. Stock is down 17% over the past year. The company posted earnings per share of €0.39 last year.
분석 기사 • Jul 28Lloyd Fonds AG (ETR:L1OA) Analysts Just Trimmed Their Revenue Forecasts By 19%The latest analyst coverage could presage a bad day for Lloyd Fonds AG ( ETR:L1OA ), with the analysts making...
Major Estimate Revision • Jul 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from €44.0m to €35.4m. EPS estimate reaffirmed at €0.10. Net income forecast to shrink 73% next year vs 20% growth forecast for Capital Markets industry in Germany . Consensus price target down from €17.17 to €16.30. Share price fell 8.8% to €7.30 over the past week.
Valuation Update With 7 Day Price Move • May 30Investor sentiment improved over the past weekAfter last week's 24% share price gain to €9.58, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 13x in the Capital Markets industry in Germany. Total returns to shareholders of 85% over the past three years.
Reported Earnings • Apr 03Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: €0.39 (up from €0.053 loss in FY 2020). Revenue: €26.1m (down 5.8% from FY 2020). Net income: €5.15m (up €5.85m from FY 2020). Profit margin: 20% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 100% compared to a 7.4% decline forecast for the funds industry in Germany. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to €9.48, the stock trades at a forward P/E ratio of 34x. Average forward P/E is 10x in the Capital Markets industry in Germany. Total returns to shareholders of 87% over the past three years.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €10.70, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 13x in the Capital Markets industry in Germany. Total returns to shareholders of 128% over the past three years.
Valuation Update With 7 Day Price Move • Jan 10Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €13.20, the stock trades at a forward P/E ratio of 58x. Average forward P/E is 11x in the Capital Markets industry in Germany. Total returns to shareholders of 170% over the past three years.
Major Estimate Revision • Nov 27Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from €0.10 to €0.065. Revenue forecast unchanged from €33.4m at last update. Net income forecast to shrink 59% next year vs 11% growth forecast for Capital Markets industry in Germany . Consensus price target up from €14.47 to €16.50. Share price rose 11% to €11.75 over the past week.
Price Target Changed • Sep 16Price target increased to €14.47Up from €12.68, the current price target is an average from 3 analysts. New target price is 45% above last closing price of €10.00. Stock is up 109% over the past year.
Reported Earnings • Aug 29First half 2021 earnings released: EPS €0.28 (vs €0.30 loss in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €18.2m (up 195% from 1H 2020). Net income: €3.71m (up €7.64m from 1H 2020). Profit margin: 20% (up from net loss in 1H 2020). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Jul 07Price target increased to €12.68Up from €11.45, the current price target is an average from 4 analysts. New target price is 26% above last closing price of €10.05. Stock is up 181% over the past year.
분석 기사 • May 10We Might See A Profit From Lloyd Fonds AG (ETR:L1OA) SoonWith the business potentially at an important milestone, we thought we'd take a closer look at Lloyd Fonds AG's...
Reported Earnings • Apr 04Full year 2020 earnings released: €0.05 loss per share (vs €0.009 loss in FY 2019)The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2020 results: Revenue: €27.7m (up 237% from FY 2019). Net loss: €703.0k (loss widened €610.0k from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
분석 기사 • Feb 09How Much Of Lloyd Fonds AG (ETR:L1OA) Do Institutions Own?Every investor in Lloyd Fonds AG ( ETR:L1OA ) should be aware of the most powerful shareholder groups. Generally...
공고 • Jan 15BankInvest Group, Strategic Investments A/S (CPSE:STRINV), funds managed by Lloyd Fonds AG (XTRA:L1OA), Søren Skovbølling, Michael Andersen, Morten Lindblad, Herbert Nathan, Claus Dalsgaard, Ken Jarlfort and Claus Kristiansen acquired 5.24% stake in Agillic A/S (CPSE:AGILC) from four major shareholders for DKK 10.5 million.BankInvest Group, Strategic Investments A/S (CPSE:STRINV), funds managed by Lloyd Fonds AG (XTRA:L1OA), Søren Skovbølling, Michael Andersen, Morten Lindblad, Herbert Nathan, Claus Dalsgaard, Ken Jarlfort and Claus Kristiansen (buyers) acquired 5.24% stake in Agillic A/S (CPSE:AGILC) from four major shareholders for DKK 10.5 million on January 14, 2021. Under the transaction, a total of 0.525 million shares were sold for a price of DKK 20 per share. In a related transaction, the buyers acquired 0.58 million in new shares of Agillic for DKK 11.65 million. Michael Andersen invested DKK 2 million. Through the transaction BankInvest increased its investment in Agillic. Michael Andersen will join the Board of Directors of Agillic. BankInvest Group, Strategic Investments A/S (CPSE:STRINV), funds managed by Lloyd Fonds AG (XTRA:L1OA), Søren Skovbølling, Michael Andersen, Morten Lindblad, Herbert Nathan, Claus Dalsgaard, Ken Jarlfort, and Claus Kristiansen completed the acquisition of .24% stake in Agillic A/S (CPSE:AGILC) from four major shareholders on January 14, 2021.
Price Target Changed • Jan 07Price target raised to €9.75Up from €8.45, the current price target is an average from 4 analysts. The new target price is 39% above the current share price of €7.00. As of last close, the stock is up 35% over the past year.
Is New 90 Day High Low • Jan 06New 90-day high: €6.95The company is up 36% from its price of €5.10 on 08 October 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 7.0% over the same period.
분석 기사 • Dec 19Analysts Are Betting On Lloyd Fonds AG (ETR:L1OA) With A Big Upgrade This WeekShareholders in Lloyd Fonds AG ( ETR:L1OA ) may be thrilled to learn that the analysts have just delivered a major...
Price Target Changed • Nov 17Price target raised to €7.58Up from €6.88, the current price target is an average from 4 analysts. The new target price is 24% above the current share price of €6.10. As of last close, the stock is up 21% over the past year.
Major Estimate Revision • Nov 14Analysts update estimatesThe 2020 consensus revenue estimate increased from €15.1m to €17.3m. Earning per share (EPS) estimate was unchanged from the last update at -€0.16. The Capital Markets industry in Germany is expected to see a 14% decline in net income next year. The consensus price target of €7.15 was unchanged from the last update. Share price is up 9.0% to €6.05 over the past week.
Is New 90 Day High Low • Nov 03New 90-day high: €5.15The company is up 13% from its price of €4.56 on 05 August 2020. The German market is down 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.
Major Estimate Revision • Oct 24Analysts increase EPS estimates to -€0.16The 2020 consensus revenue estimate increased from €14.8m to €15.1m. Analysts raised their EPS forecasts from -€0.22 to -€0.16 in 2020. The Capital Markets industry in Germany is expected to see a 11% decline in net income next year. The consensus price target increased from €6.88 to €7.15. Share price stayed mostly flat at €4.84 over the past week.
Is New 90 Day High Low • Oct 06New 90-day high: €5.05The company is up 41% from its price of €3.58 on 08 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is per share.