Intuitive Machines (LUNR) Offers Attractive Entry Point Amid Recent Selloff

Intuitive Machines Inc. (NASDAQ:LUNR) is one of the 12 best industrial stocks with more than 50% upside.

On June 24, Mike Crawford from B. Riley reaffirmed his Buy rating for the stock. Based on a target price of $45, his estimates yield more than 141% upside potential. The analyst suggested that Intuitive Machines Inc. (NASDAQ:LUNR) presents an attractive entry point to investors considering the recent selloff in its stock. He reported that the stock had dropped 55% from its 12-month peak during late May, because of a broader sector selloff.

Crawford noted that Intuitive Machines is putting together a comprehensive space and lunar infrastructure platform. He also reflected on the company's demand backlog that currently exceeds the $1 billion mark, and with several short-term growth drivers, it could significantly increase further. Given the scenario, he reiterated that the recent selloff provides a lucrative buying opportunity to investors.

Back on May 28, Roth Capital increased the firm's target price on Intuitive Machines Inc. (NASDAQ:LUNR) from $50 to $75, while upholding a Buy rating on the stock. The price target adjustment now results in a highly attractive upside potential of over 303%.

The firm noted that during a NASA update in late May, the first lunar terrain vehicle (LNV) awards were secured by competitors, implying that the LTV of the company is pushed out relative to previous estimates. However, the firm remained optimistic about NASA's ambitious program, given its amount of activity and award pace. Roth shared that Intuitive Machines has considerable opportunity in forthcoming lunar program awards in rovers, landers, and supporting infrastructure.

Intuitive Machines Inc. (NASDAQ:LUNR) provides space infrastructure and related solutions, including satellites, space cargoes, data transmission, and lunar surface access. It also offers Nova-D, Nova-C lunar lander, Micro Nova Hopper, and a lunar data network. It serves U.S. government agencies, including NASA and DoD, alongside commercial and international customers.

While we acknowledge the potential of LUNR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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