We recently published 10 Stocks Quietly Climbing Toward 2026. Intuitive Machines Inc. (NASDAQ:LUNR) is one of the best performers on Monday.
Intuitive Machines bounced back by 2.95 percent on Monday to close at $15.70 apiece as investors took path from an investment firm’s 47 percent price target upgrade for its stock.
In a market report, Clear Street gave Intuitive Machines Inc. (NASDAQ:LUNR) a new price target of $25, a bump from $17 previously, while maintaining its “buy” recommendation.
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.
Apart from Clear Street, Intuitive Machines Inc. (NASDAQ:LUNR) also received bullish coverage from B. Riley, with the latter raising its price target 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.
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Disclosure: None. This article is originally published at Insider Monkey.