**LUNR** dropped about 6% last Friday after missing Q4 estimates. They reported a $0.33 loss per share instead of the $0.06 expected, and revenue was down 18%. The stock bounced back 10% today after Stifel set a $22 price target. The analyst noted that their revenue is tied to government contract timing, so it will naturally be lumpy with big misses and beats. Management is forecasting $900M to $1B in revenue for 2026, which is slightly above estimates. A lot of this depends on progress with the $4.8B NASA contract they secured in 2024.