Craig-Hallum says Intuitive Machines, Inc. (LUNR), Firefly NASA awards in line with expectations

Intuitive Machines, Inc. (NASDAQ:LUNR) is one of the 10 Best Under-the-Radar Stocks to Invest In.

On July 1, Craig Hallum said NASA’s lunar lander awards largely matched expectations. The firm noted Intuitive Machines, Inc. (NASDAQ:LUNR) received a $148 million contract. Firefly Aerospace and Astrobotic secured $144 million and $298 million, respectively. The firm said Intuitive Machines and Firefly landed awards consistent with expectations, while Astrobotic exceeded them.

Craig Hallum also praised NASA Administrator Isaacman for maintaining a steady movement of commercial-focused awards. The firm reiterated its “Buy” rating with a $42 price target on  Intuitive Machines, Inc. (NASDAQ:LUNR).

On June 24, B. Riley called Intuitive Machines, Inc. (NASDAQ:LUNR) stock’s recent 55% pullback from its May 28 peak a buying opportunity. Analyst Mike Crawford said the company is building a complete space and lunar infrastructure platform. The analyst noted its $1.1 billion backlog and multiple near-term catalysts that could expand it. The firm maintained its Buy rating and $45 price target on the shares.

Intuitive Machines, Inc. (NASDAQ:LUNR) is a space exploration, infrastructure, and services company. It contributes to the establishment of cislunar infrastructure and helps develop cislunar and deep-space commerce.

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