With 28 hedge funds having stakes in the company, Intuitive Machines, Inc. (NASDAQ:LUNR) is among the 9 Best Space Stocks to Buy According to Reddit and Social Media.
On May 19, Cantor Fitzgerald raised the firm’s price target on Intuitive Machines, Inc. (NASDAQ:LUNR) to $43 from $26 while maintaining an Overweight rating on the shares. The firm stated that it remains optimistic following the company’s reaffirmation of FY26 revenue guidance and expectations for positive adjusted EBITDA in fiscal 2026. Cantor also identified the pending Lunar Terrain Vehicle contract decision as a significant near-term catalyst, with Intuitive Machines viewed as a likely beneficiary of the award.
On May 18, Intuitive Machines, Inc. (NASDAQ:LUNR) announced that it had become the prime contractor for operations of the Lunar Reconnaissance Orbiter Camera (LROC), a major imaging instrument aboard NASA’s Lunar Reconnaissance Orbiter, as well as the ShadowCam instrument onboard the Korea Pathfinder Lunar Orbiter. Under the $15.5 million cost-plus-fixed-fee three-year contract for LROC and the $4.5 million three-year contract for ShadowCam, Intuitive Machines will oversee imaging operations, mission support, data storage, and analysis. The company will also manage lunar surface mapping activities and advanced imaging of permanently shadowed lunar regions. Since the Lunar Reconnaissance Orbiter’s launch in 2009, LROC has captured more than 2.6 million Narrow Angle Camera images and over 640,000 Wide Angle Camera high-resolution images of the Moon’s surface.
Intuitive Machines, Inc. (NASDAQ:LUNR), founded in 2013 and headquartered in Houston, Texas, is an American space exploration and infrastructure company focused on commercial and government lunar missions. The company specializes in robotic payload delivery to the Moon, autonomous lunar surface systems, and space communications infrastructure, positioning itself as a key participant in the rapidly expanding lunar economy and broader space exploration industry.
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