Analyst: Intuitive Machines has nearly 50% room for growth in the future
2026-08-18 01:24:32
According to CoinMeta, analysts believe that after a decline, the stock of Intuitive Machines may have nearly 50% room for growth in the future. Stifel has upgraded its rating for the company to "Buy" from "Hold," due to a significant increase in new orders, with the backlog of orders rising from $1.06 billion to $1.76 billion. Although the target price has been lowered from $32 to $26, it still indicates potential for a gain of about 48%. The company's revenue in the second quarter increased by 310% year-on-year, reaching approximately $206 million, and the growth in the backlog of orders demonstrates the strong development of its business.
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Source:Internet
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