Intuitive Machines (LUNR) Rockets 17% Higher on Upbeat Analyst Outlook
We recently published 10 Stocks Already Shocking 2026 With Massive Gains. Intuitive Machines Inc. (NASDAQ:LUNR) was one of the top performers last week.
Intuitive Machines grew its share prices by 17.24 percent week-on-week, as investors took heart from two investment firms’ upbeat outlook and coverage for its stock.
In an updated market report, Clear Street issued a 47 percent price target hike for shares of Intuitive Machines Inc. (NASDAQ:LUNR) to $25 versus $17 previously, while maintaining a “buy” recommendation.
Photo on Pixabay/Public Domain
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.
Meanwhile, B. Riley also raised its price target for Intuitive Machines Inc. (NASDAQ:LUNR) 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.
While we acknowledge the potential of LUNR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
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