Canaccord Just Hiked Intuitive Machines Price Target to $41: NASA Moon Base, Golden Dome Power Bull Case Quick Read – Intuitive Machines (LUNR) posted Q1 FY2026 revenue of $186.73M (up 199% year-over-year) and swung to positive adjusted EBITDA of $2.67M, prompting Canaccord to…
ise its price target to $41 from $24. – Canaccord’s upgrade reflects confidence in Intuitive Machines’ transition from lunar specialist to multi-domain space prime, driven by the NASA Andromeda moon base initiative and Golden Dome missile defense program, which carry a combined $6.2B ceiling value. – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Intuitive Machines wasn’t one of them. Get them here FREE
A major analyst just made the bull case for Intuitive Machines (NASDAQ:LUNR). On May 15, Canaccord raised its price target on LUNR to $41 from $24 while keeping a Buy rating. The firm cited a bottom-line inflection in the latest quarter and two government catalysts: NASA’s lunar “moon base” initiative (Andromeda) and the Golden Dome missile defense program.
For long-term investors, the revised outlook signals that Canaccord sees a clearer path to sustained profitability, even as revenue timing remains lumpy. The firm’s $41 target reflects confidence in both near-term execution and longer-dated government contract awards. The Analyst’s Case Canaccord’s thesis rests on two pillars.