NASA has awarded Intuitive Machines a $116.9 million contract to deliver six science and technology payloads to the Moon's south pole, the space exploration company said, sending its shares up 16% after the bell.
Intuitive Machines helped NASA achieve its first lunar landing in over 50 years. It's still generating a steady stream of revenue from its NASA contracts.
The consensus price target hints at a 75.2% upside potential for Intuitive Machines, Inc. (LUNR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Rocket Lab is preparing to launch two spacecraft to Mars. AST SpaceMobile will launch five communications satellites to Earth orbit.
Intuitive Machines stock is on a steep upward trajectory, but despite the surge, there are compelling reasons to believe the rally still has legs.
Intuitive Machines reported a surprise profit. But its "profit" was largely a product of accounting quirks, and operating losses are still rising.
After a steep 90% decline, Intuitive Machines is now more reasonably valued, prompting a shift in my rating from hold to buy. Intuitive Machines reported impressive revenue growth in Q2, raising full-year guidance and adding $70 million in new backlog this year. With the U.S. and China intensifying their space race, Intuitive Machines is uniquely positioned to benefit from the growing lunar economy, potentially securing long-lasting competitive advantages.
Aerospace and defense specialist Intuitive Machines (NASDAQ: LUNR ) – which designs, manufactures and operates space products and services – saw its shares slip on Tuesday. Following a mixed-earnings report for the second quarter, investors weren't feeling the love for LUNR stock.
Intuitive Machines Inc., which made history with the first successful commercial moon landing earlier this year, it planning to launch its next mission to the lunar surface in early 2025, the company said Tuesday.
Intuitive Machines, Inc. (NASDAQ:LUNR ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Stephen Zhang - Head, Investor Relations Steve Altemus - Chief Executive Officer Steven Vontur - Interim Chief Financial Officer Conference Call Participants Suji DeSilva - Roth Capital Griffin Boss - B. Riley Securities Andres Sheppard - Cantor Fitzgerald Laura Li - Deutsche Bank Andrew Steinhardt - Canaccord Genuity Josh Sullivan - The Benchmark Company Operator Ladies and gentlemen, thank you for standing by.
Intuitive Machines, Inc. (LUNR) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.14. This compares to earnings of $0.35 per share a year ago.
Tuesday, space startup Intuitive Machines reported earnings per share of about 15 cents from sales of $41.4 million. Wall Street was looking for an 18-cent loss from sales of $46.6 million.