Home Stock Ideas Long Ideas Industrial  Summary Intuitive Machines is positioned for robust growth across defense, civil, and commercial space infrastructure, leveraging recent contract wins and strategic acquisitions. LUNR’s backlog surged nearly 400% to $1.055 billion in Q1 ’26, with 60-65% expected to convert to revenue by eFY26, underpinning strong operational momentum. Recent acquisitions, including Goonhilly, expand LUNR’s integrated earth-to-orbit communications capabilities, supporting its role in NASA’s Artemis and emerging satellite data center markets. I recommend LUNR shares with a buy rating and a $38.81 price target, reflecting a 5.86x eFY28 price/sales multiple, despite a modest valuation premium.…