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Lunar lander spacecraft on the moon. Key Points Intuitive Machines is surging on news of its Lanteris acquisition, which expands its capabilities beyond lunar missions. Insider buying and strong institutional support highlight growing confidence in LUNR’s long-term potential. With high short interest and improving technical indicators, traders may be watching for a breakout setup. Interested in Intuitive Machines, Inc.? Here are five stocks we like better. Intuitive Machines (NASDAQ: LUNR) is up 7. ...

Core Viewpoint - Intuitive Machines has announced the acquisition of Lanteris for $800 million, which is expected to significantly enhance its revenue and market position in the space industry [2][6][12] Acquisition Details - Intuitive Machines will pay $800 million for Lanteris, with $450 million in cash and $350 million in stock, resulting in approximately 30% dilution for existing shareholders [6][7] - The acquisition is expected to close in Q1 2026 [12] Financial Implications - Intuitive Machines generated $226 million in revenue over the last 12 months, and the addition of Lanteris is projected to increase total revenue to over $850 million annually, implying Lanteris contributes at least $625 million in revenue [8][10] - The price-to-sales (P/S) ratio for Intuitive Machines will decrease from 7.5 to 2 after the acquisition, indicating a favorable valuation for a space stock [9][10] Strategic Benefits - The acquisition is positioned to transform Intuitive Machines from a "lunar company" to a "multi-domain space prime," potentially opening avenues for lucrative contracts in missile defense and high-profile projects like Artemis and Mars missions [11][12]

Core Viewpoint - Intuitive Machines, a lunar landing and exploration vehicle developer, has faced challenges since its public debut but may present a contrarian investment opportunity at current depressed stock levels [1] Company Overview - Intuitive Machines went public in February 2023 through a SPAC merger, initially seeing its stock price rise to a high of $81.99 before falling to $9 [1] - The company primarily generates revenue from long-term contracts with NASA, having completed two lunar landings, Odysseus and Athena [2][3] Recent Developments - Despite technical issues during landings, NASA has deepened its relationship with Intuitive through new contracts, including a $4.82 billion NSNS contract [3][4] - Intuitive is expanding its business model to include ride-sharing services for payload delivery to the moon and plans to acquire Lanteris Space Systems for $800 million to enhance revenue streams [4] Financial Performance - From 2021 to 2024, Intuitive's revenue is projected to grow at a CAGR of 46%, increasing from $73 million to $228 million, although it remains unprofitable on a GAAP basis [5][6] - Analysts expect revenue growth to continue at a CAGR of 25% from 2024 to 2027, reaching $446 million, with adjusted EBITDA turning positive by 2026 [7] Market Position and Future Outlook - The global space economy is expected to grow from $630 billion in 2023 to $1.8 trillion by 2035, positioning Intuitive as a potential leader in this expanding market [11] - If Intuitive can achieve a revenue CAGR of 20% from 2024 to 2035, its market cap could increase over sevenfold to $8.45 billion [12] - The company aims to become a vertically integrated space services provider, enhancing its operational capabilities and financial stability [9][10]

Intuitive Machines Inc. (NASDAQ:LUNR) isn't acting like the same scrappy lunar lander startup it was two years ago. The stock is grinding toward a Golden Cross, a classic bullish signal where the 50-day moving average breaks above the 200-day, and the timing couldn't be better. Chart created using Benzinga ProThe company has been rolling out announcements that make its earlier Moon missions look like the warm-up.A NASA-Backed, 400,000-Sq.-Ft. Lunar PlaygroundThe biggest intrigue? Intuitive Machines just loc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 10-Q ____________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2025 OR ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number 001-40823 ____________________________ INTUITIVE MACHINE ...

Core Insights - Wall Street anticipates a year-over-year decline in earnings for Intuitive Machines, Inc. despite higher revenues in the upcoming earnings report for the quarter ended September 2025 [1] - The stock price may react positively if the actual results exceed expectations, while a miss could lead to a decline [2] Financial Expectations - The consensus estimate indicates a quarterly loss of $0.04 per share, reflecting a significant year-over-year change of -300% [3] - Expected revenues are projected at $62.41 million, representing a 6.7% increase from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 18.68% higher in the last 30 days, indicating a reassessment by analysts [4] - It is important to note that aggregate changes may not represent the direction of revisions by individual analysts [4] Earnings Prediction Model - The Zacks Earnings ESP model compares the Most Accurate Estimate to the Zacks Consensus Estimate, providing insights into potential earnings surprises [7][8] - A positive Earnings ESP reading suggests a likely deviation from the consensus estimate, particularly indicating a potential earnings beat [9] Predictive Power of Earnings ESP - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10] - Research indicates that stocks with this combination achieve a positive surprise nearly 70% of the time, enhancing the predictive power of Earnings ESP [10]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $52.4 million, primarily driven by OMS, CLIPS, and NS and S [14] - Gross margin improved to $5.7 million, reflecting a continued focus on cost and execution of key programs [14] - Net loss for the quarter was $10 million, with adjusted EBITDA at negative $13.2 million, showing an improvement of $12.2 million compared to Q2 2025 [14] - Backlog at the end of Q3 was $235.9 million, with expectations to recognize approximately 20% in 2025 [15][16] Business Line Data and Key Metrics Changes - The acquisition of Lanterra Space Systems is expected to enhance Intuitive Machines' capabilities in satellite production and space infrastructure [6][12] - Lanterra has developed over 300 spacecraft, maintaining a 99.99% on-orbit availability, which is crucial for national security and commercial missions [9][10] Market Data and Key Metrics Changes - Lanterra's business breakdown is approximately 25% defense, 25% civil, and 50% commercial, with expectations for the defense portion to increase due to new awards [32] - The acquisition positions Intuitive Machines to address growing demands in secure communications and space domain awareness, particularly in national security markets [7][11] Company Strategy and Development Direction - The acquisition aims to transform Intuitive Machines into a vertically integrated space prime provider, enhancing its ability to serve national security, civil, and commercial customers [6][12] - The company plans to leverage Lanterra's production scale and reliability to expand its Lunar Data Relay constellation and commercialize NASA's Tracking and Data Relay satellite system [12][20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing near-term awards despite uncertainties related to the government shutdown, expecting Q4 revenue to align with Q3 [17] - The combined company is projected to have over $850 million in revenue and positive adjusted EBITDA post-acquisition [19] Other Important Information - The acquisition is valued at $800 million, funded through $450 million in cash and $350 million in Intuitive Machines Class A common stock [6][18] - The transaction is expected to close in Q1 of the following year, subject to regulatory approvals [18] Q&A Session Summary Question: What changes has Advent made within Lanterra to improve the margin profile of their manufacturing? - Management noted that Lanterra has made positive changes and efficiencies since going private, focusing on the 300 series satellite for national security applications [23] Question: Should we frame the strategy as gaining more manufacturing capability and driving margins with service revenues post-launch? - Yes, the services model is a higher margin business, and the reliability of Lanterra's satellites will support Intuitive Machines' data networks [25][26] Question: What is the growth profile of Lanterra going forward? - The combination of Intuitive Machines and Lanterra is expected to unlock new markets and diverse revenue streams, particularly in national security [30][31] Question: Can you break down Lanterra's backlog by customer exposure? - Lanterra's backlog is approximately 25% defense, 25% civil, and 50% commercial, with expectations for the defense portion to increase [32] Question: What is the regulatory risk on closing the deal? - The acquisition will undergo a standard antitrust review, which is expected to be routine [64] Question: Will the acquisition change the timing of deployment for the data relay satellites? - There is potential to accelerate the deployment of the lunar constellation due to increased manufacturing capacity from Lanterra [70][71] Question: Is there any recurring revenue or service revenue in Lanterra's assets? - Currently, Lanterra's revenue is primarily product-based, but Intuitive Machines plans to introduce a higher margin service model [83]

Acquisition Overview - Intuitive Machines is acquiring Lanteris Space Systems in a transaction valued at approximately $800 million[20] - The transaction involves $450 million in cash and $350 million in Class A common stock[20] - The combined entity has a TTM (Trailing Twelve Months) revenue exceeding $850 million[20] - The combined backlog is approximately $920 million[20] Financial Highlights - Intuitive Machines has approximately $630 million in revenue (TTM Q3 2025)[16] - The company reports double-digit adjusted EBITDA margins (TTM Q3 2025)[16] - The company's backlog is approximately $685 million (as of September 30, 2025)[16] Strategic Positioning - The acquisition accelerates Intuitive Machines' three pillars: Delivery, Data, and Infrastructure from Earth to LEO/MEO/GEO to Moon, Mars[11] - The company has launched over 300 spacecraft[16] - The company has over 100 satellites in orbit today with 99.99% on-orbit availability[16] Market Opportunities - The company is targeting a $4.8 billion NASA program for lunar communications[22] - The company is targeting a $4.6 billion NASA contract to deliver and operate a lunar rover[22]

Core Insights - Intuitive Machines, a lunar lander manufacturer, announced its acquisition of Lanteris Space Systems, previously known as Maxar Space Systems, from Advent International [1] Company Summary - The acquisition aims to enhance Intuitive Machines' capabilities in spacecraft manufacturing, aligning with its strategic goals in the space industry [1] - Lanteris Space Systems is recognized for its expertise in spacecraft technology, which is expected to complement Intuitive Machines' existing operations [1] Industry Context - The deal reflects a growing trend in the aerospace sector where companies are consolidating to strengthen their technological capabilities and market positions [1] - This acquisition may signal increased competition in the lunar exploration market as companies seek to expand their service offerings and technological advancements [1]