Canaccord Hikes Intuitive Machines (LUNR) PT to $22.50 as 2026 Space Landscape Brightens

In different news, connected January 8, Stifel downgraded Intuitive Machines from Buy to Hold, adjacent arsenic it accrued its terms people to $20 from $18. While the steadfast expects NASA to denote the Lunar Terrain Vehicle/LTV declaration victor imminently, it warns that an unpredictable governmental clime could make uncertainty regarding whether the declaration is awarded solely based connected the astir qualified bid.

With the banal presently trading adjacent the caller terms people and marketplace anxiousness rising implicit the LTV award, Stifel believes that the risk/reward illustration for Intuitive Machines Inc. (NASDAQ:LUNR) is present balanced. Consequently, the steadfast suggested shifting to the sidelines until determination is much clarity connected the result and the interaction of the existent governmental environment.

Intuitive Machines Inc. (NASDAQ:LUNR) designs, manufactures, and operates abstraction products and services successful the US.

While we admit the imaginable of LUNR arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.