#5 - Intuitive Machines (NASDAQ:LUNR)
Intuitive Machines Inc. (NASDAQ: LUNR) was one of the key suppliers that contributed to the primarily successful unmanned moon landing earlier this year. The news was certainly good for shareholders. LUNR stock is down 62% in the last 12 months but is up 34% in the last month. However, that gain has been trimmed by nearly 20% in early March as investors sold the news to take profits.
That's one of the risks with a small-cap company like Intuitive Machines. Short interest in LUNR stock is an uncomfortable 21.4% of the float. That creates a heavy lift for retail investors. And make no mistake about it, LUNR is still relatively undiscovered by Wall Street. About $29 million has flowed into LUNR stock in the last 12 months, but that represents only about 5% of shares.
Probably because the company's products will likely be part of a second unmanned moon landing later this year, analysts seem relatively undisturbed by the recent sell-off. They maintain a consensus Buy rating and have a price target of $12.25, which is 152% higher than the stock's current price.
About Intuitive Machines
Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal.
Read More - Current Price
- $13.57
- Consensus Rating
- Buy
- Ratings Breakdown
- 5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $14.10 (3.9% Upside)
