HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has commenced an underwritten public offering of $65.0 million of shares of its Class A common stock (“Class A Common Stock”) (the “Offering”). The Company and a selling stockholder intend to grant the underwriters a 30-day option to purchase up to an additional $8,872,500 and $877,500 of ...

I wrote about Intuitive Machines (NASDAQ: LUNR ) in April this year, giving them a strong buy rating . LUNR shares are up almost 200% since that article, and I think the shares have another 150% to goI look at small to mid-cap companies with disruptive technology. I provide competitive analysis of companies and often research the founders and their previous endeavors. I follow, investigate and report on companies that I believe have growth potential and highlight some of the ones best avoided. I invest with ...

Company Performance - Intuitive Machines (NASDAQ: LUNR) shares have surged 90% over the last month, with significant gains occurring in the past couple of weeks [1] - The company's third quarter earnings report appears to have contributed to the recent investor enthusiasm [1] Analyst Background - The author, Kumquat Research (Jeremy), has a double degree in finance and computer science and has passed all three levels of the CFA exam [1] - Currently working in fintech as a data engineer, the author has been writing for Seeking Alpha for nearly ten years [1] Disclosure Information - The author has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [1] - The article expresses the author's own opinions and is not financial or investment advice [1] - Seeking Alpha is not a licensed securities dealer, broker, or US investment adviser, and its analysts may not be licensed or certified by any institute or regulatory body [2]

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Intuitive Machines, Inc. (LUNR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.Intuitive Machines, Inc. is a member of our Aerospace group, which includes 46 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank ...

HOUSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced it has entered into a Cooperation Agreement with the Johns Hopkins University Applied Physics Laboratory (“APL”) to advance safe, secure, and reliable lunar communications and navigation infrastructure in cislunar space. Cislunar space encompasses the region of space that extends from Earth’s gravitation ...

Investors might want to bet on Intuitive Machines, Inc. (LUNR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...

Intuitive Machines Inc. LUNR, the space exploration company that made history as the first private entity to land on the moon, has had an astronomical 2024, with its stock up 333% year-to-date. The company's third-quarter earnings reveal the engines of this growth—surging revenues, record backlogs, and a moonshot approach to innovation.For the third quarter, Intuitive Machines reported revenue of $58.48 million, soaring past analyst expectations of $50.89 million and representing a 359% year-over-year incre ...

On the back of a share price spike and subsequent sell-off, Intuitive Machines (LUNR -13.01%) was quite the lively stock over the past few trading sessions. The spike and sell-off came on Thursday, with news that the moon exploration craft maker had released its third-quarter results. As of late that evening, its shares were up by 5% week to date, according to data compiled by S&P Global Market Intelligence.A highly respectable rise in revenueThe quarter saw Intuitive, still a relatively early-stage company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, par value $0.0001 per share LUNR The Nasdaq Stock Market LLC Warrants to purchase one share of Class A Common Stock, each at an exercise price of $11.50 per share LUNRW The Nasdaq Stock Market LLC FORM 10-Q ____________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...

Space stocks have quite literally skyrocketed over the past couple of weeks.In this video, I will cover Intuitive Machines' (LUNR -5.78%) third-quarter earnings. Watch the short video to learn more, consider subscribing, and click the special offer link below.*Stock prices used were from the trading day of Nov. 13, 2024. The video was published on Nov. 14, 2024. ...