12 Best Aerospace and Defense Stocks to Buy According to Analysts

2. Intuitive Machines, Inc. (NASDAQ:LUNR)

Number of Hedge Fund Holders: 26

Analyst Upside Potential: 70.65%

Intuitive Machines, Inc. (NASDAQ:LUNR) is a diversified space exploration company that provides a range of space products and services to support sustained robotic and human exploration of the Moon, Mars, and beyond. The company has achieved significant milestones, including the first US commercial lunar landing since the Apollo missions, through its IM-1 mission with NASA’s CLPS initiative.

Intuitive Machines, Inc. (NASDAQ:LUNR) has experienced significant strategic and financial developments over the past year. It enhanced its technical capabilities, particularly in areas like space communications, navigation, and autonomy. These advancements were demonstrated through successful lunar missions, such as IM-1 and IM-2, which showcased reliable data transmission and precision navigation systems. Moreover, the company is diversifying its customer base and services beyond lunar missions. It is expanding into areas such as National Security Space and leveraging its technologies for orbital transfer vehicles and in-space mobility logistics.

Notably, the company secured significant contracts, including NASA’s Near Space Network Services contract valued at up to $4.8 billion. It is also exploring opportunities with other government agencies and has appointed a Senior Vice President of Data Services to capitalize on these opportunities. During fiscal 2024, Intuitive Machines, Inc. (NASDAQ:LUNR) reported a record fiscal year revenue of $228 million, exceeding previous guidance. It is one of the best aerospace and defense stocks to buy according to analysts.