12 Best Emerging Technology Stocks to Invest In

Page 6 of 11

6. Intuitive Machines Inc. (NASDAQ:LUNR)

Number of Hedge Fund Holders: 25

Intuitive Machines Inc. (NASDAQ:LUNR) is one of the best emerging technology stocks to invest in. On December 22, B. Riley raised the firm’s price target on Intuitive Machines to $20 from $14 with a Buy rating on the shares. The firm noted that Intuitive Machines is in a great spot following the White House’s new executive order. The order’s goals, like returning to the Moon by 2028 and building a lunar base by 2030, basically match exactly what Intuitive Machines does, making the current political climate a major boost for the firm.

On December 18, KeyBanc initiated coverage of Intuitive Machines with an Overweight rating and $20 price target. The company is transitioning from proof-of-concept missions toward a scalable business model built on recurring lunar services. While earlier missions served primarily as one-off technical demonstrations, KeyBanc sees significant near-term opportunities to establish consistent revenue streams through infrastructure and data services.

Additionally, on November 19, Bank of America analyst Ronald Epstein raised the firm’s price target on Intuitive Machines to $9.50 from $8.50 and kept an Underperform rating on the shares. The firm argued that the space industry is entering a critical phase of consolidation driven by the massive scale and complexity of upcoming opportunities. BofA suggested that market disruptions are fueling a winner-take-most dynamic, where a few dominant players will capture the majority of high-value contracts. Long-term success in this environment will depend less on early-mover advantage and more on a company’s vision and ability to integrate newly acquired technologies or business units.

Intuitive Machines Inc. (NASDAQ:LUNR) designs, manufactures, and operates space products and services in the US.

Page 6 of 11