Streetbeat News

LUNR

Intuitive Machines, Inc.

https://www.intuitivemachines.com

Industry

Aerospace & Defense

Intuitive Machines, Inc. manufactures and supplies space products and services. It offers space products and services to support sustained robotic and human exploration to the moon, mars, and beyond. It offers its products and services through business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. The company was founded in 2013 and is based in Houston, Texas.

Open

11.64

Mkt cap

1.8B

Volume

9.3M

High

12.16

P/E Ratio

-5.24

52-wk high

17.14

Low

11.46

Div yield

N/A

52-wk low

2.09

Wall Street analysts predict a 29.16% upside for Intuitive Machines, Inc. (LUNR) based on the consensus price target. Despite skepticism about the effectiveness of price targets, positive earnings estimate revisions suggest potential near-term gains.

Portfolio Pulse from

December 17, 2024 | 4:15 pm

Intuitive Machines, a space company, has seen its stock rise over 400% this year. The company is involved in setting up the first cellular network on the moon, with a second moon mission on the horizon.

Portfolio Pulse from

December 17, 2024 | 3:45 pm

Intuitive Machines (LUNR), a producer of lunar landing vehicles, went public via SPAC in February 2023. Its stock initially surged to $81.99 but fell to around $2 by early 2024.

Portfolio Pulse from

December 11, 2024 | 12:30 pm

Intuitive Machines has secured a new deal that is expected to boost its growth. Investors are encouraged to consider adding LUNR stock to their portfolios due to its strong year-to-date performance and anticipated revenue growth.

Portfolio Pulse from

December 04, 2024 | 9:15 pm

Intuitive Machines stock fell 14.2% after the company made two concerning announcements within 24 hours.

Portfolio Pulse from

December 04, 2024 | 4:00 pm

Intuitive Machines, Inc. announced the pricing of an upsized $110 million offering of its Class A common stock at $10.50 per share. The offering includes a 30-day option for underwriters to purchase additional shares. The closing is expected on December 5, 2024.

Portfolio Pulse from

December 04, 2024 | 5:00 am

Intuitive Machines' stock dropped 13.4% following the announcement of plans to raise $85 million through stock offerings, resulting in a 7% dilution. While this provides liquidity and avoids debt, the impact depends on the attractiveness of the offering terms compared to warrant exercises.

Portfolio Pulse from

December 04, 2024 | 3:45 am

Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) has announced a public offering of $65 million in Class A common stock, with an option for underwriters to purchase additional shares. The offering's completion is subject to market conditions.

Portfolio Pulse from

December 03, 2024 | 9:30 pm

Intuitive Machines has secured multiple NASA contracts, including a $4.8 billion deal, enhancing its position in lunar missions. The company has a strong balance sheet with zero debt and $107 million in cash. Upcoming missions are contracted and selling out, indicating strong demand.

Portfolio Pulse from

December 03, 2024 | 11:15 am

Intuitive Machines (LUNR) has seen a significant stock price increase of 491% year to date, far surpassing the S&P 500's 25% gain. A recent investment in LUNR has already yielded a 76.8% return.

Portfolio Pulse from

November 26, 2024 | 2:00 pm

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