Intuitive Machines ( (LUNR) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Intuitive Machines shares moved higher as analysts highlighted meaningful near-term opportunities for the company and growing optimism around its business outlook. The bullish sentiment was further reinforced when B. Riley raised its price target on the stock to $20, pointing to the Trump administration’s supportive stance on U.S. space policy as a key tailwind. Overall, Wall Street maintains a strong buy consensus, with analysts seeing substantial upside potential from current levels, which has helped fuel the recent rally in the stock.
More about Intuitive Machines
YTD Price Performance: -22.67%
Average Trading Volume: 7,810,324
Technical Sentiment Signal: Buy
Current Market Cap: $2.69B
For further insights into LUNR stock on TipRanks’ Stock Analysis page.
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