Intuitive Machines, Inc. LUNR will release its fourth-quarter financial results, before the opening bell, on Monday, March 24.Analysts expect the Houston, Texas-based company to report quarterly loss at 8 cents per share. Intuitive Machines projects quarterly revenue of $55.77 million, compared to $30.56 million a year earlier, according to data from Benzinga Pro.On March 10, Intuitive Machines announced completion of redemption of its outstanding warrants.Intuitive Machines shares fell 2.1% to close at $7. ...

Intuitive Machines, Inc. (LUNR) is slated to report fourth-quarter 2024 results on March 24, before market open.     See the Zacks Earnings Calendar to stay ahead of market-making news. The Zacks Consensus Estimate for fourth-quarter revenues is pegged at $56.6 million, implying 85.2% growth from the year-ago quarter's reported figure. The consensus mark for fourth-quarter bottom line is pegged at a loss of 8 cents per share, suggesting an improvement from a loss of 11 cents reported in the prior-year quart ...

Core Viewpoint - Intuitive Machines faced a significant setback with the landing of its lunar lander Athena, which landed sideways and failed to meet operational expectations, leading to a sharp decline in stock value [1][2][3]. Group 1: Athena Landing Details - Athena landed in a crater 250 meters away from its intended target and could only operate for less than 24 hours, far below the planned 10 days [3]. - The primary payload, designed to search for frozen water, likely did not function due to the lander's position, and other payloads also failed to meet their objectives [4][5]. - Similar issues with laser rangefinders were observed in Athena as with the previous lander, Odysseus, indicating a lack of learning from past failures [6]. Group 2: Market Reaction and Stock Performance - Following the news of Athena's landing, Intuitive Machines' shares dropped sharply, experiencing three consecutive trading days with declines of 20% or more, resulting in a 56% decrease from the start of 2025 [2][10]. - The current stock price is $7.91, with a 12-month price forecast of $16.38, suggesting a potential upside of 107.02% based on analyst ratings [10]. Group 3: Future Prospects - Despite the setbacks, Intuitive Machines has contracts with NASA for two more lunar landings, with the next mission, IM-3, scheduled for late 2025 or early 2026 [9]. - The company's ability to secure future contracts may be jeopardized if it cannot demonstrate improved performance compared to competitors [10][11]. - Intuitive Machines is also developing various space technologies beyond landers, which could provide long-term growth potential if future missions succeed [13].

HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the fourth quarter and full-year of 2024 on Monday, March 24, 2025, before the market opens. Following the news release, the Company will host a conference call the same day at 8:30 am ET to discuss the results. To participate in the call, please register here. Once registered, participants can dial in from their phone using a d ...

Intuitive Machines, Inc. (LUNR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they ...

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 in-house developed data analytics platform.Hopes were high when Intuitive Machines launched its second moon mission. The lunar mission ended in a terrible disappointment, and the stock has declined by 73% from its highs.Dhierin runs the investing group The Aerospace Forum , whose goal is to ...

Core Viewpoint - Intuitive Machines, Inc. has successfully completed the redemption of its outstanding warrants, resulting in a significant cash inflow and the elimination of all outstanding warrants, indicating a maturing capital structure for the company [1][4][6]. Summary by Sections Redemption of Warrants - The company announced the redemption of approximately 6,570,000 unexercised warrants at a redemption price of $0.01 per warrant, totaling approximately $65,700 [1][4]. - As of February 4, 2025, approximately 19,440,000 warrants were outstanding, with about 12,870,000 exercised for cash, generating approximately $148.0 million in proceeds [2][4]. Financial Position - Following the redemption, the company's cash balance, including proceeds from the warrants, was approximately $385.0 million [6]. - The company entered into a loan agreement with Stifel Bank for a secured revolving credit facility of up to $40.0 million, which remains unborrowed [6]. Trading and Market Impact - The warrants ceased trading on Nasdaq and were delisted effective before market open on March 6, 2025, while the Class A Common Stock continues to trade under the symbol "LUNR" [5]. Company Overview - Intuitive Machines is focused on space exploration and infrastructure, having successfully landed its Nova-C class lunar lander on the Moon in 2024, marking a significant achievement in lunar access [7].

Core Insights - The space exploration industry is experiencing significant growth, with notable contributions from companies like SpaceX and Blue Origin, which are leading in reusable rocket technology and launch systems [1]. Industry Overview - The current trend in space exploration indicates a shift towards mega growth, highlighting the increasing interest and investment in this sector [1]. Company Highlights - SpaceX and Blue Origin are recognized as pioneers in the field, showcasing advancements in technology that facilitate more efficient and cost-effective space travel [1].

Core Viewpoint - Intuitive Machines, Inc. (NASDAQ: LUNR) has experienced a decline in stock price due to a broader market sell-off, which followed a period of reaching all-time highs [1] Group 1: Company Performance - The stock of Intuitive Machines, Inc. has faced challenges recently, dropping from its peak values [1] - The operational performance of the company has been impacted by external market conditions [1] Group 2: Market Context - The broader market sell-off has contributed to the decline in LUNR stock, indicating a correlation between market trends and individual stock performance [1]

Core Viewpoint - Intuitive Machines Inc (NASDAQ:LUNR) is experiencing significant stock selloff due to issues with its Nova-C lander during a lunar landing attempt, leading to a sharp decline in share price [1][2]. Stock Performance - The stock is down 51.6% year-to-date, extending a previous drop of 20.2%, although it still shows a 70.8% increase year-over-year [2]. - If current losses persist, the stock will close below its 320-day moving average for the first time since August [2]. Market Activity - Intuitive Machines stock is on the short sell restricted (SSR) list due to volatility, with options trading significantly higher than usual, featuring 67,000 calls and 26,000 puts exchanged [3]. - The most popular options include the March 12 call and the weekly 3/7 10-strike call, with new positions being opened [3]. Analyst Ratings - Canaccord Genuity has reduced LUNR's price target from $26 to $22, which still represents a substantial premium compared to current stock levels [4]. - The majority of analysts remain bullish, with five out of seven maintaining a "buy" rating, one a "hold," and one a "sell," while the 12-month consensus price target of $18 indicates over a 100% premium to current levels [4].