B. Riley Predicts Lower Earnings for Intuitive Machines

Key Points

• B. Riley has revised its FY2025 earnings per share (EPS) estimate for Intuitive Machines from ($0.36) to ($0.38).
• Analysts from various brokerages have lowered their target prices for Intuitive Machines, with Canaccord Genuity reducing it from $19.00 to $18.50 and Bank of America from $10.50 to $8.50.
• The company's current earnings guidance for FY2025 indicates a wider loss per share than previously anticipated, reflecting ongoing challenges in achieving profitability.

Intuitive Machines, Inc. (NASDAQ:LUNR - Free Report) - Stock analysts at B. Riley dropped their FY2025 EPS estimates for shares of Intuitive Machines in a research note issued on Monday, September 29th. B. Riley analyst M. Crawford now forecasts that the company will post earnings per share of ($0.38) for the year, down from their prior estimate of ($0.36). The consensus estimate for Intuitive Machines' current full-year earnings is $0.73 per share. B. Riley also issued estimates for Intuitive Machines' Q4 2025 earnings at ($0.04) EPS.

Several other brokerages have also weighed in on LUNR. Canaccord Genuity Group lowered their target price on shares of Intuitive Machines from $19.00 to $18.50 and set a "buy" rating on the stock in a research report on Tuesday, August 19th. Bank of America reduced their target price on shares of Intuitive Machines from $10.50 to $8.50 and set an "underperform" rating on the stock in a report on Monday, August 25th. Zacks Research raised shares of Intuitive Machines to a "strong sell" rating in a research note on Monday, August 11th. Craig Hallum started coverage on shares of Intuitive Machines in a research report on Tuesday, July 22nd. They set a "buy" rating and a $17.00 price objective for the company. Finally, UBS Group reissued a "buy" rating on shares of Intuitive Machines in a research note on Monday, August 18th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $15.44.

Intuitive Machines Trading Up 2.5%

Intuitive Machines stock opened at $10.52 on Wednesday. Intuitive Machines has a 12-month low of $6.14 and a 12-month high of $24.95. The stock has a market cap of $1.88 billion, a P/E ratio of -3.25 and a beta of 1.38. The company has a fifty day simple moving average of $9.82 and a 200-day simple moving average of $9.77.

Intuitive Machines (NASDAQ:LUNR - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.05). The firm had revenue of $50.31 million for the quarter, compared to analyst estimates of $69.19 million. Intuitive Machines has set its FY 2025 guidance at EPS.

Institutional Trading of Intuitive Machines

A number of institutional investors have recently made changes to their positions in LUNR. Philadelphia Trust Co. raised its position in Intuitive Machines by 10.0% during the first quarter. Philadelphia Trust Co. now owns 11,000 shares of the company's stock worth $82,000 after acquiring an additional 1,000 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Intuitive Machines by 35.6% in the second quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company's stock valued at $47,000 after acquiring an additional 1,127 shares in the last quarter. Tower Research Capital LLC TRC grew its stake in shares of Intuitive Machines by 12.5% in the second quarter. Tower Research Capital LLC TRC now owns 13,478 shares of the company's stock valued at $147,000 after acquiring an additional 1,499 shares in the last quarter. Golden State Wealth Management LLC lifted its position in Intuitive Machines by 180.0% during the second quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company's stock worth $30,000 after purchasing an additional 1,800 shares during the period. Finally, Bulltick Wealth Management LLC lifted its position in Intuitive Machines by 6.4% during the second quarter. Bulltick Wealth Management LLC now owns 35,000 shares of the company's stock worth $380,000 after purchasing an additional 2,100 shares during the period. Institutional investors own 72.21% of the company's stock.

Insider Transactions at Intuitive Machines

In related news, Director Kamal Seyed Ghaffarian sold 80,508 shares of the business's stock in a transaction that occurred on Friday, July 11th. The shares were sold at an average price of $12.05, for a total transaction of $970,121.40. Following the completion of the transaction, the director owned 3,494,768 shares in the company, valued at approximately $42,111,954.40. The trade was a 2.25% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 161,016 shares of company stock worth $1,997,001 in the last ninety days. 39.75% of the stock is currently owned by insiders.

About Intuitive Machines

Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal.

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