Intuitive Machines (LUNR) Jumps on 47% Price Target Hike

We recently published 10 Stocks Quietly Climbing Toward 2026. Intuitive Machines Inc. (NASDAQ:LUNR) is one of the best performers on Monday.

Intuitive Machines bounced back by 2.95 percent on Monday to close at $15.70 apiece as investors took path from an investment firm’s 47 percent price target upgrade for its stock.

In a market report, Clear Street gave Intuitive Machines Inc. (NASDAQ:LUNR) a new price target of $25, a bump from $17 previously, while maintaining its “buy” recommendation.

The coverage reflected Clear Street’s optimism for the acquisition of Lanteris Space Systems, a spacecraft manufacturer with a strong record of delivering a highly reliable lineup for national security, civil, and commercial customers.

ClearStreet said that the transaction would create a next-generation space prime with an opportunity to capture multi-billion-dollar worth of space programs, especially with the United States’ aggressive lunar exploration.

Apart from Clear Street, Intuitive Machines Inc. (NASDAQ:LUNR) also received bullish coverage from B. Riley, with the latter raising its price target to $20 from $14 previously,  alongside a “buy” recommendation.

The upgrade was based on optimism that Intuitive Machines Inc. (NASDAQ:LUNR) would benefit from President Donald Trump’s newly issued executive order on December 18, which aims to ramp up space exploration activities to ensure the United States’ superiority in the industry.

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Disclosure: None. This article is originally published at Insider Monkey.