Deutsche Bank Upgrades Intuitive Machines: Space Stock Set to Soar
Deutsche Bank analyst upgrades Intuitive Machines to Buy with $18 price target, citing "strong catalysts" and discount to space peers. Major contracts could drive gains.
• Big upgrade: Deutsche Bank analyst Edison Yu raises Intuitive Machines (LUNR) from Hold to Buy, tripling price target from $6 to $18
• Timeline: Expects strong performance over next 3-6 months with clear business opportunities ahead. "Attractive entry point for investors before potential catalysts kick in"
• Market position: Calls company a "long-term winner" in growing space exploration industry
• Valuation gap: Stock trades much cheaper than similar space companies like Rocket Lab (RKLB) and Firefly (FLY)
• Growth trigger: "Major contract wins could narrow the price gap with competitors"
• Bottom line: The upgrade reflects growing confidence in Intuitive Machines' competitive position as the commercial space race heats up.