Where Will Intuitive Machines Stock Be in 1 Year?

Core Viewpoint - Intuitive Machines has shown significant growth and potential in the lunar exploration sector, with its stock more than doubling over the past year following key achievements and contracts with NASA [1][3]. Company Performance - Intuitive Machines went public via a SPAC merger, initially trading at $10 and reaching a high of $81.99 shortly after [1]. - The stock faced challenges post-debut, dropping to an all-time low of $2.11 by January 2024, but a $1,000 investment at that time would now be worth nearly $9,000 [2]. Recent Achievements - The company successfully landed its first Nova-C lander, Odysseus, on February 22, 2024, marking the first U.S. moon landing since 1972, which led to four new NASA contracts [3]. - Intuitive's quarterly backlog reached a record high of $316 million in Q3 2024, with projected annual revenue increasing from $80 million in 2023 to between $215 million and $235 million in 2024 [3]. Future Catalysts - The delivery of the second lunar lander, Athena, to Cape Canaveral is set for a launch window opening no earlier than February 26, which could further boost stock performance [5]. - Partnerships, such as with Columbia Sportswear, may attract additional commercial interest and help reduce costs [6]. Revenue Projections - Analysts expect revenue to rise 57% to $360 million in 2025, with adjusted EBITDA turning positive as the company expands its contracts with NASA and other clients [7]. Valuation and Financial Health - Intuitive Machines has an enterprise value of $1.8 billion, trading at five times this year's sales, and holds nearly $90 million in cash with no debt [8][9]. - The company has increased its share count significantly but continues to maintain liquidity for its growth plans [8][9]. Market Outlook - The stock is considered speculative but is expected to rise if upcoming launches are successful and contracts increase, with declining interest rates potentially attracting more investors [9].