Intuitive Machines (NASDAQ:LUNR) Shares Up 8.4% - Should You Buy?

Key Points

• Intuitive Machines' stock (NASDAQ:LUNR) surged **8.4%** to **$13.33**, although trading volume was **82% lower** than the average session.
• Research analysts issued mixed ratings, with Weiss Ratings maintaining a **"sell (d-)"** and Deutsche Bank setting a **$18.00** price target while indicating a **"buy"** rating.
• The company missed earnings expectations with a reported **($0.11) EPS**, alongside revenue of **$50.31 million** that fell short of analyst estimates of **$69.19 million**.

Intuitive Machines, Inc. (NASDAQ:LUNR - Get Free Report)'s stock price shot up 8.4% on Friday . The stock traded as high as $13.13 and last traded at $13.33. 1,739,024 shares were traded during mid-day trading, a decline of 82% from the average session volume of 9,809,054 shares. The stock had previously closed at $12.29.

Analyst Ratings Changes

Several research analysts have commented on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Intuitive Machines in a research report on Wednesday, October 8th. Zacks Research raised Intuitive Machines to a "strong sell" rating in a report on Monday, August 11th. Deutsche Bank Aktiengesellschaft set a $18.00 target price on Intuitive Machines and gave the company a "buy" rating in a research report on Friday, October 17th. Bank of America reduced their price target on Intuitive Machines from $10.50 to $8.50 and set an "underperform" rating for the company in a research report on Monday, August 25th. Finally, Canaccord Genuity Group decreased their price target on Intuitive Machines from $19.00 to $18.50 and set a "buy" rating for the company in a research note on Tuesday, August 19th. Nine equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $15.44.

Intuitive Machines Trading Up 5.5%

The firm has a 50-day moving average price of $10.16 and a 200-day moving average price of $10.27. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of -4.00 and a beta of 1.41.

Intuitive Machines (NASDAQ:LUNR - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.05). The company had revenue of $50.31 million during the quarter, compared to analyst estimates of $69.19 million. Intuitive Machines has set its FY 2025 guidance at EPS. Equities research analysts predict that Intuitive Machines, Inc. will post 0.73 EPS for the current fiscal year.

Insider Activity at Intuitive Machines

In related news, Director Kamal Seyed Ghaffarian sold 40,254 shares of the business's stock in a transaction that occurred on Monday, July 28th. The shares were sold at an average price of $13.49, for a total value of $543,026.46. Following the sale, the director directly owned 3,494,768 shares in the company, valued at $47,144,420.32. The trade was a 1.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 39.75% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of LUNR. Tealwood Asset Management Inc. lifted its position in shares of Intuitive Machines by 4.4% during the 3rd quarter. Tealwood Asset Management Inc. now owns 21,250 shares of the company's stock valued at $224,000 after acquiring an additional 900 shares during the last quarter. Philadelphia Trust Co. raised its position in shares of 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 purchasing an additional 1,000 shares during the period. Nisa Investment Advisors LLC lifted its holdings in shares of Intuitive Machines by 35.6% during the second quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company's stock valued at $47,000 after purchasing an additional 1,127 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Intuitive Machines by 12.5% in the 2nd quarter. Tower Research Capital LLC TRC now owns 13,478 shares of the company's stock valued at $147,000 after purchasing an additional 1,499 shares during the period. Finally, Golden State Wealth Management LLC boosted its position in shares of Intuitive Machines by 180.0% in the 2nd quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company's stock valued at $30,000 after purchasing an additional 1,800 shares during the period. Institutional investors own 72.21% of the company's stock.

Intuitive Machines Company Profile

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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