LiveVox Holdings Inc (NASDAQ:LVOX), Lilium NV (NASDAQ:LILM) Stock In Focus After Key Notes

LiveVox: A contender in the attractive but crowded CCaaS market; Initiate with Neutral, $8 PO – BofA Securities; tgt $8

LiveVox Holdings Inc (NASDAQ:LVOX) stock is down by 4% as BofA’s Koji Ikeda states, “We favor LiveVox’s position in a large, attractive, and growing CCaaS market, which we estimate to be $15.4bn. LiveVox stands to benefit from healthy secular contact center digital replatforming tailwinds, increasing volumes of digital engagement transactions, and enterprise focus on customer experience/engagement, which have the potential to drive total revenue growth of 20%+ in CY22/23E.

On balance, we forecast COVID-related headwinds on usage revenue to be a drag on total revenue growth in the near-term (<20%). With pandemic headwinds and a competitive end-market, we believe consistent execution over the next several quarters is likely required to drive improving investor sentiment that could catalyze a re-rating of LVOX’s valuation multiples higher towards the group average. Thus, our Neutral rating is based on LVOX’s attractive valuation and growth potential that is balanced against competitive risks and COVID-headwind optics.”

Lilium GmbH: Initiating with OP and $24 PT – Oppenheimer (10.61)

Lilium NV (NASDAQ:LILM) is down 0.50% after Oppenheimer’s Colin Riusch states, “We view Lilium as a leading technology player in the emerging electric vertical takeoff and landing (eVTOL) space. We believe it is well-positioned to leverage a differentiated technology platform, strong strategic partnerships, and a seasoned management team into outsized market share in a disruptive industry. We are encouraged by the company’s thoroughness of its certification, design, and supply chain efforts in concert with identifying defensible market opportunities.”