Wall Street Bullish on ​Intuitive Machines (LUNR) Since Lanteris Acquisition

​Intuitive Machines, Inc. (NASDAQ:LUNR) is one of the Best Aerospace Stocks to Buy According to Analysts. On December 3, Cantor Fitzgerald reiterated its Buy rating on the stock with a price target of $16. The positive rating comes as the share price of Intuitive Machines, Inc. (NASDAQ:LUNR) has surged more than 25% over the past 5 days.

​The firm noted the company’s latest acquisition of Lanteris, which is expected to close during Q1 2026. The firm sees this as a positive sign for the company. Moreover, Cantor Fitzgerald anticipates Intuitive Machines, Inc. (NASDAQ:LUNR) to generate more than $850 million in annual revenue, along with a positive adjusted EBITDA.

​The acquisition of Lanteris Space Systems was announced on November 4. Lanteris is a spacecraft manufacturer with a proven track record of delivering high-quality spacecraft for national security, civil, and commercial customers. Management noted that this strategic acquisition will result in $920 million in backlog and mark a significant step for the company as it becomes a multi-domain space prime. The deal was valued at $800 million, consisting of $450 million in cash and $350 million in Intuitive Machines Class A common stock.

​Intuitive Machines, Inc. (NASDAQ:LUNR) rallied alongside its counterparts, namely Rocket Lab Corp., AST SpaceMobile, and Virgin Galactic, among others, following the news.

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