BofA Securities lifts Intuitive Machines Inc [LUNR] price estimate. Who else is bullish?

NFLX Stock

Intuitive Machines Inc [NASDAQ: LUNR] price surged by 3.31 percent to reach at $0.65.

The one-year LUNR stock forecast points to a potential downside of -12.61. The average equity rating for LUNR stock is currently 1.57, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Intuitive Machines Inc [LUNR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LUNR shares is $18.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LUNR stock is a recommendation set at 1.57. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Intuitive Machines Inc shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on February 05, 2025. While these analysts kept the previous recommendation, B. Riley Securities raised their target price to Buy. The new note on the price target was released on June 28, 2024, representing the official price target for Intuitive Machines Inc stock. Previously, the target price had yet another raise to $11, while Cantor Fitzgerald analysts kept a Overweight rating on LUNR stock.

The Average True Range (ATR) for Intuitive Machines Inc is set at 1.97, with the Price to Sales ratio for LUNR stock in the period of the last 12 months amounting to 14.93.

LUNR Stock Performance Analysis:

Intuitive Machines Inc [LUNR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.71. With this latest performance, LUNR shares gained by 6.35% in over the last four-week period, additionally plugging by 399.26% over the last 6 months – not to mention a rise of 307.03% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LUNR stock in for the last two-week period is set at 53.32, with the RSI for the last a single of trading hit 53.28, and the three-weeks RSI is set at 54.38 for Intuitive Machines Inc [LUNR]. The present Moving Average for the last 50 days of trading for this stock 17.87, while it was recorded at 19.19 for the last single week of trading, and 9.23 for the last 200 days.

Insight into Intuitive Machines Inc Fundamentals:

Intuitive Machines Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.72 and a Current Ratio set at 1.72.

Intuitive Machines Inc [LUNR] Institutonal Ownership Details

The top three institutional holders of LUNR stocks are: VANGUARD GROUP INC with ownership of 2.83 million shares, which is approximately 5.1346%. BLACKROCK INC., holding 2.46 million shares of the stock with an approximate value of $$8.13 million in LUNR stocks shares; and BLACKROCK INC., currently with $$5.98 million in LUNR stock with ownership which is approximately 3.2875%.