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].

Core Insights - Intuitive Machines successfully completed the IM-2 mission with its lunar lander, Athena, landing 250 meters from the intended site in the Mons Mouton region of the lunar south pole, marking the southernmost lunar landing to date [1][4] - The lander was confirmed to be on its side after landing, and mission controllers were able to achieve several program and payload milestones before the batteries depleted [2] - Due to the harsh sun angles and extreme cold temperatures, the company does not expect Athena to recharge, concluding the mission while data assessment continues [3] Company Overview - Intuitive Machines is a diversified space exploration, infrastructure, and services company focused on disrupting lunar access economics, having previously landed the Nova-C class lunar lander, Odysseus, on the Moon in 2024 [5] - The company operates through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure [6]

Core Insights - Intuitive Machines successfully landed its IM-2 mission lunar lander, Athena, on the Moon at approximately 11:30 a.m. CST, marking a significant achievement in lunar exploration [1] - The company held a joint press conference with NASA to discuss the mission's progress and the collaboration between commercial and government partners in space exploration [2] - Intuitive Machines aims to disrupt lunar access economics and has previously achieved a successful lunar landing with its Nova-C class lander, Odysseus, in 2024 [3] Company Overview - Intuitive Machines is a diversified company focused on space exploration, infrastructure, and services, operating through four business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure [3] - The company returned the United States to the lunar surface for the first time since 1972 with its previous mission [3]

Core Points - Intuitive Machines successfully landed its second spacecraft, Athena, on the moon, but it may have tipped over during landing [1][2] - The landing occurred on the south pole of the moon, specifically on Mons Mouton, with the exact landing position still being determined [2] - The mission is considered smoother than the previous year's attempt, despite concerns about the spacecraft's orientation [2] Mission Details - Athena was launched aboard a SpaceX Falcon 9 rocket on February 26 and is carrying several technologies for testing [3] - One key technology is a passive laser retroreflector array, essential for NASA's plans to establish a permanent moon base, supported by a $4.8 billion contract awarded to Intuitive Machines [4] - The spacecraft also carries an ice mining experiment aimed at assessing the moon's natural resources for future fuel and breathable oxygen production [4] Additional Payloads - Athena includes a rover named MAPP, designed to test cellular equipment from Nokia [5] - The mission features solid-state storage, which is being promoted as the first-ever "lunar data center" [5]