- Intuitive Machines (LUNR, Financial) partners with SpaceX's Falcon 9 for their 2027 lunar mission.
- Stock prices soar over 6% following the announcement.
- Analysts forecast significant upside potential for LUNR shares.
Intuitive Machines (LUNR) experienced a notable surge in premarket trading, rising over 6%, following a strategic partnership announcement. The company has secured SpaceX's Falcon 9 for its ambitious fourth lunar mission planned for 2027. This mission is set to deploy two vital lunar data relay satellites, significantly enhancing NASA's Near Space Network Services, as part of the ongoing task orders awarded to Intuitive Machines.
Wall Street Analysts Forecast
Wall Street analysts have outlined one-year price targets for Intuitive Machines Inc (LUNR, Financial), with an average target price of $14.86. Estimates range from a high of $21.00 to a low of $12.00. This average target suggests an impressive upside potential of 91.21% from the current trading price of $7.77. Investors seeking a deeper dive into these projections can explore additional estimate data on the Intuitive Machines Inc (LUNR) Forecast page.
Moreover, the consensus recommendation from seven brokerage firms rates Intuitive Machines Inc (LUNR, Financial) at an average of 2.4, which translates to an "Outperform" status. This rating is based on a scale from 1 to 5, where 1 denotes a "Strong Buy" and 5 indicates a "Sell." This performance expectation reflects a favorable outlook for potential investors considering entry into the stock.
