Intuitive Machines Inc. NASDAQ: LUNR stock is up approximately 23% two days after the company reported its fourth quarter and full-year 2024 earnings. For the moment, the bullish earnings are taking investors' minds off the company's unsuccessful Athena lunar mission.
Last year was a breakout period for the space industry, with several small-cap space stocks surging in value and transitioning into mid-cap status, attracting retail and institutional investors.
Intuitive Machines shows high growth potential with surging revenue, expanding backlog, and lucrative NASA contracts, despite its extreme stock volatility. The company's strategic focus on lunar delivery, data transmission, and infrastructure services positions it well for future space missions and commercial opportunities. With a fair value estimate of $16.60, I maintain a Strong Buy rating on LUNR stock, acknowledging the risks of execution delays, funding cuts, and market volatility.
Market Domination Co-Hosts Julie Hyman and Josh Lipton are joined by top Wall Street experts to take a closer look at the market moves, including Oklo, Intuitive Machines, 23andMe Holding, and more. The Yahoo Finance team discusses whether the market rebound will last, examining how the Magnificent Seven serves as a 'growth as defensive' play amid recent volatility.
Intuitive Machines stock surged 25% post-Q4 results but remains 64.4% below its highs. It has recovered 37.2% since my Strong Buy rating. Despite revenue growth, Q4 loss widened due to higher costs. Full-year revenues rose significantly, but operating loss saw only a modest reduction. The company is better capitalized with more contract platforms, expecting positive EBITDA by 2026; 2025 revenue forecast is $250M-$300M.
Intuitive Machines Inc (NASDAQ:LUNR) stock surged almost 28% after the space exploration company reported strong revenue growth and backlog expansion during the fourth quarter. The company reported a 79% year-over-year increase in revenue to $54.7 million, slightly below estimates of $57.6 million.
Intuitive Machines (LUNR 29.62%) stock is surging Monday following the company's recent quarterly results. The space-tech specialist's share price was up 27% as of 3 p.m.
Intuitive Machines, Inc. (NASDAQ:LUNR ) Q4 2024 Earnings Conference Call March 24, 2025 8:30 AM ET Company Participants Stephen Zhang - Head of Investor Relations Steve Altemus - Co-Founder, President and Chief Executive Officer Pete McGrath - Chief Financial Officer Conference Call Participants Suji DeSilva - ROTH Capital Mike Crawford - B. Riley Securities Austin Moeller - Canaccord Genuity Andres Sheppard - Cantor Fitzgerald Edison Yu - Deutsche Bank Ronald Epstein - Bank of America Josh Sullivan - Benchmark Company Greg Pendy - Clear Street Erik Rasmussen - Stifel Operator Good day ladies and gentlemen.
Intuitive Machines' shares surged 20% on Monday after the space company posted a 79% jump in its fourth-quarter revenue on the back of higher contracts.
Shares of Intuitive Machines (LUNR) flew nearly 20% higher Monday when the space technology provider's sales and backlog soared, and it issued a rosy outlook as it added new customers.
Intuitive Machines, Inc. LUNR will release its fourth-quarter financial results, before the opening bell, on Monday, March 24.
Investors interested in LUNR stock should wait for a better entry point until March 24, considering its premium valuation and poor ROIC.