Lunar lander maker Intuitive Machines said on Tuesday it will buy Lanteris Space Systems, a spacecraft maker formerly known as Maxar Space Systems, from private equity firm Advent International in a deal worth $800 million.
Deutsche Bank has upgraded its rating on Intuitive Machines Inc (NASDAQ:LUNR) from Hold to Buy, citing what it called an attractive risk-reward outlook for the next three to six months. Analysts said the firm views Intuitive Machines as a "secular winner" in the space exploration sector, with a role in helping the US and its allies prepare the Moon for a human return mission, ahead of China.
I remain bullish on Intuitive Machines despite the stock's 30% decline this year. I believe the market is misinterpreting the lessons from past missions and overlooking key improvements. A deep dive into the IM-1 and IM-2 landing anomalies reveals two distinct root causes. One was a simple procedural error, while the other was a complex technical challenge. We analyze the comprehensive hardware, software, and procedural overhauls for the upcoming IM-3 mission, which are designed to directly address the specific failure points of the previous landings.
Intuitive Machines (LUNR) is undervalued, trading at 4x sales, with low expectations and a strong cash position despite recent setbacks. LUNR is positioned for at least 30% revenue growth in 2026, with positive free cash flow expected in the second half of that year. Risks include execution missteps and potential dilution, but LUNR's debt-free balance sheet and cash reserves provide a solid cushion.
Shares of Intuitive Machines Inc. dropped nearly 15% on Thursday after the space company, which made history by successfully placing the first commercial lander on the moon, announced an upsized private offering, surprising investors who expected it to be funded through the end of the year.
Intuitive Machines, Inc. (LUNR) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.06. This compares to a loss of $0.05 per share a year ago.
Intuitive Machines, Inc. (NASDAQ:LUNR ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants Peter McGrath - Senior VP & CFO Stephen Altemus - Co-Founder, President, CEO & Director Stephen Zhang - Head of Investor Relations Conference Call Participants Alexander Christian Preston - BofA Securities, Research Division Andres Juan Sheppard-Slinger - Cantor Fitzgerald & Co., Research Division Austin Nathan Moeller - Canaccord Genuity Corp., Research Division Greg Pendy - Clear Street, Research Division Griffin Taylor Boss - B. Riley Securities, Inc., Research Division Jeffrey Van Rhee - Craig-Hallum Capital Group LLC, Research Division Joshua Tyler Korn - Barclays Bank PLC, Research Division Joshua Ward Sullivan - The Benchmark Company, LLC, Research Division Suji Desilva - ROTH Capital Partners, LLC, Research Division Xin Yu - Deutsche Bank AG, Research Division a division of S&P - Unidentified Company Operator Thank you for standing by.
LUNR's Q2 results are likely to reflect strong lunar mission revenues, but rising costs could pressure the bottom line.
Intuitive Machines, Inc. (LUNR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Intuitive Machines is a rapidly growing, innovative space tech company, trading at just 5x forward sales with a debt-free balance sheet and strong cash reserves. Despite a failed IM-2 mission and near-term revenue volatility, I see 30% y/y growth into 2026 and a clear path to sustainable profitability. Management's significant stock ownership aligns its interests with shareholders, and a healthy contract backlog supports long-term growth prospects.
Key Points in This Article: Intuitive Machines (LUNR) is advancing lunar access and space-based semiconductor manufacturing, with its stock rocketing 18% yesterday due to partnerships and analyst support.
I reiterate my BUY rating for LUNR with a $12.88 price target, driven by strong DoD and NASA contract momentum and innovative projects. I suspect that Intuitive Machines' partnerships on nuclear propulsion systems for stealth satellites have the potential to lead to involvement in the Golden Dome constellation. Financially, Intuitive Machines is targeting positive adjusted EBITDA by late 2025, has $400M of liquidity, no debt, and is replenishing its contract backlog.