--- title: "Why Is Intuitive Machines Stock (LUNR) Climbing Today, 5/13/26?" type: "News" locale: "en" url: "https://longbridge.com/en/news/286242446.md" description: "Intuitive Machines (LUNR) stock rose by 8% in pre-market trading after the company was selected for the Andromeda IDIQ contract, part of a U.S. Space Force project. This selection allows Intuitive Machines to compete for contracts related to Space Domain Awareness satellites. The announcement follows the company's recent $800 million acquisition of Lanteris Space Systems and reflects a strong market interest in space companies. Analysts rate LUNR as a Strong Buy, although the average price target indicates a potential 20% downside from current levels." datetime: "2026-05-13T10:27:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286242446.md) - [en](https://longbridge.com/en/news/286242446.md) - [zh-HK](https://longbridge.com/zh-HK/news/286242446.md) --- # Why Is Intuitive Machines Stock (LUNR) Climbing Today, 5/13/26? Intuitive Machines (LUNR) jumped as high as 8% during Wednesday's pre-market session. This came after the space tech infrastructure company announced its selection for the Andromeda IDIQ contract vehicle and followed reports that Alphabet's (GOOGL) Google is engaging in discussions for potential rocket-launch deals with SpaceX and industry peers. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Andromeda is the U.S. government's multi-billion-dollar space surveillance infrastructure modernization project. It is spearheaded by the U.S. Space Force. ## **Intuitive Machines to Chase More Contracts** The selection means that the Texas-based space technology infrastructure company can now compete for contracts to design and field Space Domain Awareness (SDA) satellites and related systems that can detect, track, and characterize objects in geosynchronous orbit, where satellites move at the same speed as the Earth rotates. "Our focus is to provide innovative and dependable SDA mission solutions for the U.S. Space Force to maintain space superiority through 2030 and beyond," Intuitive Machines noted in an X post published on Tuesday. ## **'First Major Selection' after Lanteris Merger** The deal comes four months after Intuitive Machines completed its $800 million acquisition of spacecraft manufacturer Lanteris Space Systems. In the post, Intuitive Machines noted that the Andromeda inclusion marks "our first major selection as a combined company." "Together, we bring unique mission value for Andromeda through our combined heritage of high-performance systems delivered via commercial-based processes," the space services company added. Since the start of the year, Intuitive Machines' shares have nearly doubled, topping $34 per share early Wednesday. This comes as the U.S. National Aeronautics and Space Administration's recent Artemis II mission triggered renewed investor focus on space companies, including those focused on lunar exploration. ## **Is Intuitive Machines a Good Stock to Buy?** On Wall Street, analysts have a Strong Buy consensus rating on Intuitive Machines' shares. This is based on eight Buys and one Hold issued over the past three months. However, the average LUNR price target of $25.75 suggests roughly 20% downside risk from current trading levels. ### Related Stocks - [LUNR.US](https://longbridge.com/en/quote/LUNR.US.md) - [LUNRW.US](https://longbridge.com/en/quote/LUNRW.US.md) - [ITA.US](https://longbridge.com/en/quote/ITA.US.md) - [ARKQ.US](https://longbridge.com/en/quote/ARKQ.US.md) - [PPA.US](https://longbridge.com/en/quote/PPA.US.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [ROKT.US](https://longbridge.com/en/quote/ROKT.US.md) - [JEDI.US](https://longbridge.com/en/quote/JEDI.US.md) - [UFO.US](https://longbridge.com/en/quote/UFO.US.md) - [XAR.US](https://longbridge.com/en/quote/XAR.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) ## Related News & Research - [Intuitive Machines (NASDAQ:LUNR) Posts Earnings Results, Misses Expectations By $0.18 EPS](https://longbridge.com/en/news/286615331.md) - [Why did Intuitive Machines stock just drop?](https://longbridge.com/en/news/286446689.md) - [SpaceX details how retail investors can buy into its IPO](https://longbridge.com/en/news/287161988.md) - [Intuitive Machines Q1 revenue nearly triples but misses estimates](https://longbridge.com/en/news/286409664.md) - [SpaceX IPO could shatter records with potential $80B raise](https://longbridge.com/en/news/287079338.md)