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Posted by
Two Blokes Jun 11 -
Filed in
Stock
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6 views
I reiterate my BUY rating for LUNR with a $12.88 price target, driven by strong DoD and NASA contract momentum and innovative projects. I suspect that Intuitive Machines' partnerships on nuclear propulsion systems for stealth satellites have the potential to lead to involvement in the Golden Dome constellation. Financially, Intuitive Machines is targeting positive adjusted EBITDA by late 2025, has $400M of liquidity, no debt, and is replenishing its contract backlog.