Intuitive Machines (LUNR) to Release Earnings on Tuesday

Intuitive Machines (NASDAQ:LUNR - Get Free Report) is expected to release its Q1 2025 earnings data before the market opens on Tuesday, May 13th. Analysts expect Intuitive Machines to post earnings of ($0.10) per share and revenue of $66.07 million for the quarter.

Intuitive Machines (NASDAQ:LUNR - Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.12. The firm had revenue of $54.66 million for the quarter, compared to analysts' expectations of $72.58 million. On average, analysts expect Intuitive Machines to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Intuitive Machines Stock Down 1.2 %

Shares of Intuitive Machines stock traded down $0.11 on Friday, reaching $9.24. 3,700,998 shares of the stock were exchanged, compared to its average volume of 12,242,880. Intuitive Machines has a twelve month low of $3.15 and a twelve month high of $24.95. The business has a 50 day moving average price of $8.13 and a two-hundred day moving average price of $13.03. The firm has a market capitalization of $1.65 billion, a price-to-earnings ratio of -3.14 and a beta of 1.32.

Insider Transactions at Intuitive Machines

In other news, CFO Peter Mcgrath sold 37,906 shares of the company's stock in a transaction that occurred on Tuesday, April 15th. The stock was sold at an average price of $7.71, for a total value of $292,255.26. Following the completion of the sale, the chief financial officer now directly owns 438,992 shares in the company, valued at $3,384,628.32. This represents a 7.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Steven Vontur sold 4,528 shares of the firm's stock in a transaction on Tuesday, February 11th. The stock was sold at an average price of $19.60, for a total value of $88,748.80. Following the completion of the sale, the insider now directly owns 104,272 shares of the company's stock, valued at $2,043,731.20. This trade represents a 4.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 73.68% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Roth Capital set a $20.00 price objective on shares of Intuitive Machines in a research note on Friday, March 7th. Bank of America assumed coverage on Intuitive Machines in a research note on Wednesday, February 5th. They set an "underperform" rating and a $16.00 price objective for the company. Benchmark restated a "buy" rating and issued a $16.00 target price on shares of Intuitive Machines in a research note on Tuesday, March 25th. Cantor Fitzgerald decreased their price objective on shares of Intuitive Machines from $15.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, March 25th. Finally, Roth Mkm lowered their price target on Intuitive Machines from $20.00 to $12.00 and set a "buy" rating on the stock in a research report on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $16.00.

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.