Intuitive Machines Inc. (LUNR) PT Raised to $16 at Cantor Fitzgerald

Cantor Fitzgerald analyst Andres Sheppard raised the price target on Intuitive Machines Inc. (NASDAQ: LUNR) to $16.00 (from $13.00) while maintaining an Overweight rating.

The analyst commented, "We remain bullish on LUNR, and we continue to believe it is well-positioned to capitalize on the growing space economy through its Lunar Access, Lunar Communication, Orbital Services, and Space Infrastructure revenue segments. While the landing of the IM-2 Mission was unfortunate, we remind investors that LUNR's primary source of revenue is not from its launch missions, but rather from its space contracts (OMES, NSN, LTV). Additionally, we expect LUNR to capture 50% of its IM-2 Mission success payment (in Q2 and Q3), and for the company to conduct its third Mission to the moon in 2Q26 (and a fourth Mission in 2027). Separately, we are encouraged by the company's continued progress of its LTV, its positive FCF in Q1, recurring revenues from OMES, recognition of NSNS contract revenues, and its recent OTV and re-entry vehicle contract wins. Overall, we see the space industry as a great place to mitigate tariff impact, and we see LUNR as well-positioned ahead of several material nearterm potential catalysts. LUNR's stock closed up >20% (vs. SPY up ~0.7%) following its Q1 earnings call."

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