Intuitive Machines NASDAQ: LUNR is a small-cap space stock that has one massively ambitious long-term goal among its priorities: helping to create human settlements on the moon. The company has over tripled in value this year, and analysts still see upside in the name. I'll break down the company's technology and why its shares jumped over 70% in two days last week. Get Intuitive Machines alerts: Intuitive Machines Lands NASA Contract Worth Up to $4.8 Billion Intuitive Machines Today LUNR Intuitive Machines ...

Three moon landing attempts in three months set up an exciting Q4 for space investors. On Feb. 22, 2024, Intuitive Machines (LUNR 4.58%) landed its Odysseus uncrewed vehicle on the moon. In some ways, the landing was suboptimal -- most notably, Odysseus toppled over after landing, limiting its ability to communicate with Earth. On the other hand, though, even its less than 100% perfect landing accomplished something for Intuitive Machines that the U.S. hasn't done in more than 50 years: put a lander on the ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our inhouse developed data analytics platform. I covered Intuitive Machines, Inc. (NASDAQ: LUNR ) earlier this month marking the stock a strong buy. Since then, the stock has gained more than 50% after it won a $4.8 billion contract. In this report, I will be discussing the contract details and ...

Intuitive Machines Inc. LUNR is making waves in the stock market, skyrocketing 113% over the past year and a jaw-dropping 240% year-to-date. Chart created using Benzinga Pro Don't miss out on this unparalleled opportunity: But wait, it gets better—over just the last five days, Intuitive Machines' stock is up 38.21%. It has now made a Golden Cross – a bullish sign indicating further positive momentum for investors. With that stride, this small cap space stock now commands a $495.21 million in market capitali ...

There's nothing like a potentially massive government contract to win the hearts of both investors and analysts. The stock of space exploration company Intuitive Machines (LUNR 24.23%) strongly defied gravity on Thursday. It closed the day more than 24% higher, thanks in no small part to news of a major price-target increase from an analyst. That move came mere days after the company delivered some of the best news it's ever reported. Over the moon about NASA's moon contract The raise was enacted by B. Rile ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial . The market environment back then was truly crazy. Interest rates were at 0.25%, inflation was low, the Fed was doing QE, and people were getting stimulus checks. Analyst's Disclosure: I/we have a beneficial long position in the shares of NOC, LMT either through stock ownership, ...

Key Takeaways Intuitive Machines announced it has received a contract worth up to $4.82 billion from NASA to provide communication and navigation services in the near space region. A key part of the agreement is for the company to deploy a constellation of lunar relay satellites to support NASA Artemis moon exploration program. The news sent shares of Intuitive Machines up nearly 60%, and they've gained more than 200% so far this year. Shares of Intuitive Machines (LUNR) blasted off nearly 60% Wednesday, a ...

Group 1 - Intuitive Machines Inc's stock has surged by 49.4% to $8.06 following a $4.8 billion contract with NASA for near space missions, including the launch of lunar satellite constellations [1] - The stock has fully recovered from a downturn in late February, attributed to the moon lander Odysseus tipping over, and is up approximately 216% year-to-date [2] - Options trading activity has increased significantly, with 127,000 calls and 42,000 puts traded, which is four times the average daily options volume, indicating strong investor interest [3] Group 2 - The September 10 call option is the most popular among traders, with new positions being opened [3] - A significant portion of the stock, 24.3%, is sold short, and it would take shorts two days to cover at the stock's average trading pace, potentially contributing to the stock's surge [3]

Core Insights - Intuitive Machines stock experienced a significant surge of 60% following NASA's announcement of a $4.8 billion moon contract [1][2] - The contract, named "GEO to Cislunar Relay Services," will provide communication services to the moon from October 1, 2024, to September 30, 2029, with a potential five-year extension [2] - This contract represents a shift for Intuitive Machines, moving from landing payloads on the moon to providing essential communication services, indicating a potential billion-dollar-a-year business opportunity [5][6] Company Overview - Intuitive Machines is tasked with establishing communication relays between geostationary orbit (GEO) and the moon, ensuring safe navigation and communication [3][4] - The company is the only private entity that has successfully landed payloads on the moon, showcasing its capabilities in the space sector [6] Industry Implications - The new contract signifies a growing demand for space communication services, which could lead to increased revenue streams for companies like Intuitive Machines [5][6] - The partnership with NASA is expected to alleviate the communication burden on NASA's Deep Space Network, highlighting the importance of private sector involvement in space exploration [4]

Intuitive Machines' stock jumped in early trading Wednesday after NASA awarded the lunar-focused company a major contract to build moon data satellites. "This contract marks an inflection point in Intuitive Machines' leadership in space communications and navigation," Intuitive Machines CEO Steve Altemus said in a statement. NASA said the company was the sole awardee to build "lunar relay systems" for the agency's Near Space Network, a system that communicates with government and commercial missions that ar ...