Intuitive Machines (LUNR) Raises Price Target to $25 Amid Lanteris Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 14h ago
0mins
Source: Benzinga
- Acquisition Catalyst: Clear Street analyst maintains a Buy rating on Intuitive Machines and raises the price target from $17 to $25, primarily driven by the pending acquisition of Lanteris, which is expected to significantly enhance the combined revenue outlook.
- Financial Strength: The analyst noted that Intuitive Machines has more cash than debt on its balance sheet, indicating a solid financial position that supports future growth initiatives.
- Market Opportunities: The acquisition positions Intuitive Machines as a next-generation space prime contractor with exposure to multi-billion-dollar lunar programs, particularly amid increased U.S. focus on lunar exploration.
- Revenue Projections: The combined revenue of Intuitive Machines and Lanteris is projected to reach $1.045 billion by 2027, a substantial increase from the previous estimate of $452 million, reflecting the potential benefits of the acquisition and market expansion opportunities.
Analyst Views on LUNR
Wall Street analysts forecast LUNR stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LUNR is 15.50 USD with a low forecast of 9.50 USD and a high forecast of 18.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
6 Buy
0 Hold
1 Sell
Moderate Buy
Current: 15.700
Low
9.50
Averages
15.50
High
18.00
Current: 15.700
Low
9.50
Averages
15.50
High
18.00
About LUNR
Intuitive Machines, Inc. is a space technology, infrastructure, and services company. It is a provider and supplier of space products and services that enable sustained robotic and human exploration to the Moon, Mars, and beyond. Its services include delivery services, data transmission services, and infrastructure as a service. Its delivery services provide transportation and delivery of payloads, such as satellites, scientific instruments and cargo to various destinations in space, in addition to rideshare delivery and lunar surface access. Its data transmission services offerings include the collection, processing, and interpretation of space-based data, utilizing applications, such as command, control, communications, reconnaissance and prospecting. Its infrastructure as a service delivers space assets, performing tasks and making decisions without human intervention that are designed to perform essential functions, such as navigation, scientific data collection, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
