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

10.12

Mkt cap

782M

Volume

37M

High

12.63

P/E Ratio

-73.06

52-wk high

14.90

Low

10.06

Div yield

N/A

52-wk low

2.09

B. Riley Securities has initiated coverage on Intuitive Machines (NASDAQ:LUNR) with a Buy rating and set a price target of $8.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 9:34 am

Intuitive Machines (NYSE:LUNR) has seen a 20.8% increase in its short percent of float, now at 22.3%. This indicates a bearish sentiment among investors, as it would take 3.72 days to cover short positions. The company's short interest is significantly higher than its peers, whose average is 5.94%.

Portfolio Pulse from Benzinga Insights

June 24, 2024 | 4:45 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Intuitive Machines (NASDAQ:LUNR) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 5:42 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated an Overweight rating on Intuitive Machines (NASDAQ:LUNR) and maintained a $10 price target.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 2:14 pm

Jim Cramer shared his views on several stocks during CNBC's 'Mad Money Lightning Round.' He recommended buying Recursion Pharmaceuticals (RXRX) and praised its recent financial results. Cramer was not optimistic about Corning (GLW) and advised against buying it. He was also not supportive of Intuitive Machines (LUNR) and suggested holding off on Axon Enterprise (AXON) despite its strong earnings. Cramer was positive about Kratos Defense & Security Solutions (KTOS) and Merit Medical Systems (MMSI), both of which reported strong quarterly results.

Portfolio Pulse from Avi Kapoor

May 23, 2024 | 12:25 pm

Roth MKM analyst Suji Desilva maintains a Buy rating on Intuitive Machines (NASDAQ:LUNR) but lowers the price target from $15 to $10.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 4:23 pm

Canaccord Genuity has maintained its Buy rating on Intuitive Machines (NASDAQ:LUNR) but lowered the price target from $14 to $11.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 1:32 pm

Intuitive Machines (NASDAQ:LUNR) reported a significant Q1 2024 earnings miss with a GAAP EPS of $(2.70), falling short of the analyst consensus estimate of $0.07 by 3957.14%.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 12:59 pm

Intuitive Machines shares dropped following the announcement of Q1 financial results and FY24 revenue guidance that fell short of expectations.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 11:58 am

Intuitive Machines projects its FY24 revenue to be between $200M-$240M, falling short of the estimated $267.925M. The company also anticipates its Q1 ending cash balance to be adequate for funding operations throughout the year.

Portfolio Pulse from Benzinga Newsdesk

May 14, 2024 | 11:37 am

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