Intuitive Machines, Inc. (NASDAQ:LUNR) Receives Average Rating of “Moderate Buy” from Analysts

Intuitive Machines, Inc. (NASDAQ:LUNR) has been given a consensus rating of “Moderate Buy” by the ten research firms that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and seven have given a buy rating to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $30.50.

A number of research analysts have recently commented on LUNR shares. Stifel Nicolaus raised shares of Intuitive Machines from a “hold” rating to a “buy” rating and decreased their price objective for the company from $32.00 to $26.00 in a research report on Friday, August 14th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intuitive Machines in a research note on Friday, July 17th. Roth Capital set a $30.00 price target on Intuitive Machines in a report on Thursday, August 13th. Zacks Research upgraded Intuitive Machines from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Intuitive Machines in a research report on Monday, September 21st.

Insider Transactions at Intuitive Machines

In other Intuitive Machines news, insider Steven Vontur sold 3,050 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $16.13, for a total transaction of $49,196.50. Following the transaction, the insider owned 113,997 shares in the company, valued at $1,838,771.61. This represents a 2.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, major shareholder International L.P. Advent sold 11,495,514 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $12.84, for a total transaction of $147,602,399.76. Following the transaction, the insider directly owned 11,495,514 shares in the company, valued at $147,602,399.76. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 12,201,528 shares of company stock valued at $158,629,235. 54.10% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Intuitive Machines

Large investors have recently added to or reduced their stakes in the stock. Tidal Investments LLC bought a new position in shares of Intuitive Machines in the second quarter worth $64,452,000. WINTON GROUP Ltd grew its stake in Intuitive Machines by 538.9% during the second quarter. WINTON GROUP Ltd now owns 171,857 shares of the company’s stock worth $3,676,000 after buying an additional 144,957 shares in the last quarter. Engineers Gate Manager LP acquired a new position in shares of Intuitive Machines in the 2nd quarter valued at approximately $1,732,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Intuitive Machines during the 2nd quarter worth approximately $88,000. Finally, Connective Capital Management LLC bought a new position in Intuitive Machines in the second quarter valued at approximately $393,000. Institutional investors and hedge funds own 72.21% of the company’s stock.

Intuitive Machines Price Performance

Shares of Intuitive Machines stock opened at $14.71 on Monday. Intuitive Machines has a 12-month low of $7.78 and a 12-month high of $46.75. The stock has a market cap of $3.37 billion, a P/E ratio of -15.48 and a beta of 1.86. The business’s 50 day moving average is $15.31 and its 200-day moving average is $21.35.

Intuitive Machines (NASDAQ:LUNR) last released its earnings results on Thursday, August 13th. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.09) by ($0.20). The company had revenue of $206.17 million for the quarter, compared to analyst estimates of $212.32 million. On average, sell-side analysts expect that Intuitive Machines will post -0.6 EPS for the current year.

About Intuitive Machines

Intuitive Machines, Inc is a space exploration and infrastructure company headquartered in Houston, Texas. The company develops and operates lunar landers, spacecraft, and related systems designed to deliver payloads to the Moon and support communications, navigation, and other lunar operations.

Its primary product platform is the Nova-C lunar lander, which is designed to transport scientific instruments, technology demonstrations, and commercial payloads to the lunar surface. Intuitive Machines also provides lunar data transmission and satellite communications services, autonomous navigation systems, precision landing technologies, and other products intended to support a broader lunar economy.

Founded in 2013 by Steve Altemus, who serves as president and chief executive officer, Intuitive Machines became a publicly traded company in 2024.