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1 No-Brainer Space Stock to Buy Right Now
The Motley Fool· 2025-06-29 22:05
Core Viewpoint - Intuitive Machines' recent stock price decline presents a potential buying opportunity for new investors despite its previous high valuation [3][10]. Company Overview - Intuitive Machines is recognized as a pioneering space company, notably for being the first private entity to successfully land a spacecraft on the moon [5]. - The company has completed two moon landings, both of which had partial success, and has secured contracts with NASA for two additional landings in 2026 and 2027 [6]. Revenue and Contracts - The company received $132 million for its first moon landing and $122 million for the second, with a third mission priced at $87 million, potentially increasing with commercial customer contributions [7]. - A significant contract with NASA worth $4.8 billion over ten years for building a Near Space Network is expected to generate $480 million annually, which is four times the value of a lander contract [8]. Valuation Insights - Intuitive Machines reported $217 million in revenue last year, suggesting a market valuation of less than $880 million based on typical space stock valuation metrics [10]. - Current market capitalization estimates range from $1.3 billion to as high as $2 billion, indicating a potential undervaluation [10][12]. - Future revenue projections, assuming continued contracts and operations, could lead to a valuation of $2.4 billion, even under unprofitable conditions [12].
Should You Buy Intuitive Machines While It's Below $12?
The Motley Fool· 2025-05-24 12:08
Core Viewpoint - Intuitive Machines' stock has seen a significant increase despite missing earnings, and it is now considered cheap enough to buy, with a 20% rise since the Q1 earnings report [1]. Financial Performance - In Q1, Intuitive Machines reported a loss of $0.11 per share, an improvement from a loss of $2.68 per share in the same quarter last year [3]. - Sales for Q1 were $62.5 million, down 15% year-over-year, but are projected to rebound by 10% in Q2 [3]. - The company generated positive free cash flow of $13.3 million in Q1, the first occurrence in over two years, although analysts expect cash burn in the next three quarters totaling $15 million [4][5]. Long-term Prospects - Intuitive Machines is becoming a key contractor for NASA, having secured four "IM" missions to the moon, with two completed and two scheduled for 2026 and 2027 [7]. - The company has faced challenges with its landers, but management is addressing these issues for future missions, and NASA is satisfied enough to provide success payments for the IM-2 mission [8]. - Intuitive Machines is also working on a $4.8 billion Near Space Network contract, which is expected to generate approximately $480 million in annual revenue over the next decade [9]. Stock Valuation - The stock price has increased significantly post-earnings, currently around $11, which is nearly double the price paid previously [10]. - Despite being down about 50% from its all-time high in January, the stock is still considered to be at the high end of fair value for an unprofitable space stock, priced at 4.1 times trailing sales [11][12].
One of the Best Space Stocks Just Reported a Big Change, and Its Stock Popped 35% in 1 Day
The Motley Fool· 2025-05-18 12:08
Core Viewpoint - Intuitive Machines stock experienced a significant surge post-earnings report, but concerns arise regarding its future performance and valuation after the initial excitement fades [2][11]. Financial Performance - Intuitive Machines reported Q1 revenue of $62.5 million, which fell short of Wall Street's expectations of $66.1 million and represented a 15% decline from $73.2 million in Q1 2024 [4]. - The company incurred operating costs of $72.6 million, resulting in an operating loss of $10.1 million for Q1, with a net loss of $11.4 million or $0.11 per share [5]. - Despite the losses, Intuitive Machines generated positive operating cash flow of $19.4 million and positive free cash flow of $13.3 million for the first time in nearly two years [6]. Future Outlook - Analysts predict that Intuitive Machines may continue to burn cash this year but expect losses to be less than $2 million, with potential revenue from "IM-2 success payments" in Q2 [8]. - The company forecasts total revenue between $250 million and $300 million for the year, aligning with analyst expectations [8]. - Intuitive Machines aims to achieve positive full-year free cash flow by 2025, which is three years earlier than previously anticipated by Wall Street [12]. Key Projects - The next moon landing, IM-3, is scheduled for the first half of next year, incorporating lessons learned from previous missions [9]. - Intuitive Machines is progressing on a $4.8 billion contract to build a Near Space Network for satellite communication, having completed two milestones and received funding for two more [10][12].
Intuitive Machines Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-13 11:30
HOUSTON, May 13, 2025 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, “Intuitive Machines,” or the “Company”), a leading space technology and infrastructure services company, today announced its financial results for the first quarter ended March 31, 2025. Intuitive Machines CEO Steve Altemus said, “We continue to emphasize execution as we see the administration rethinking how the federal government acquires emerging technologies and services, instigates private-sector innovation, and creates lo ...
Where Will Intuitive Machines Be in 5 Years?
The Motley Fool· 2025-05-03 11:07
Company Overview - Intuitive Machines has made significant progress since its February 2023 IPO, securing four NASA contracts for lunar payload deliveries, completing two missions with partial success, indicating a design flaw in the Nova-C lander [2][3] - The company generates $77 million and up from NASA for each landing attempt, with annual revenue reaching $228 million last year, tripling from 2023, and projected to grow to $280 million this year (23% growth) and $387 million next year (38% growth) [3][4] Financial Performance - Despite revenue growth, Intuitive Machines is not yet profitable, recording over $343 million in losses last year, primarily due to stock warrant retirement costs; analysts expect losses to decrease to less than $35 million this year, with potential for a small GAAP profit by 2026 [5] - The company has a $4.8 billion, 10-year contract with NASA to build and operate a Near Space Network, valued at approximately $480 million per year, which could significantly boost revenue beyond current forecasts [9] Future Outlook - NASA's current contract schedule allows for about one mission per year, limiting short-term growth until design issues are resolved; however, the NSN contract could sustain growth for Intuitive Machines [7][9] - Analysts predict that annual revenue could average at least twice the current amount over the next five years, with potential revenue reaching $625 million and a net profit margin of 18% [12] Valuation - Intuitive Machines stock is currently valued at around $1 billion, translating to over 4 times trailing sales, which is near the upper limit for valuations of unprofitable space stocks [13]