Profile
Sector:
IndustrialsIndustry:
Aerospace & DefenseCountry:
United StatesIPO:
17 November 2021Website:
http://www.intuitivemachines.comNext earnings report:
21 March 2025Last dividends:
N/ANext dividends:
N/APrice
pre-market | 11 min agoDividend
Analysts recommendations
Institutional Ownership
LUNR Latest News
NEW YORK , Nov. 15, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Intuitive Machines Inc (NASDAQ: LUNR) concerning possible breaches of fiduciary duty. If you have been a shareholder of LUNR since at least January 29, 2024 , and currently hold shares, you can obtain additional information here: https://zlk.com/compensation2/intuitive-machines-inc-lawsuit-submission-form or contact Joseph E.
Houston-based Intuitive Machines made history in February when its IM-1 mission successfully landed the first commercial lander on the surface of the moon.
Intuitive Machines reported significant revenue growth and narrowed operating losses, with revenues increasing from $12.7 million to $58.5 million and EBITDA loss improving from $22.1 million to $6.9 million. Despite positive earnings, LUNR stock slumped due to incorrect revenue reports and concerns over increased free cash flow burn, which is largely transient. The company is positioned for a positive cash spiral, with potential cash infusion from warrant exercises, improving cash per share and reducing the need for dilutive financing.
The Houston-based company made history earlier this year when its Odysseus lander became the first commercial lander to successfully land on the moon's surface.
Intuitive Machines, Inc. (NASDAQ:LUNR ) Q3 2024 Earnings Conference Call November 14, 2024 8:30 AM ET Company Participants Stephen Zhang - Head, Investor Relations Steve Altemus - Chief Executive Officer Pete McGrath - Chief Financial Officer Conference Call Participants Austin Moeller - Canaccord Genuity Griffin Boss - B. Riley Securities Edison Yu - Deutsche Bank Andres Sheppard - Cantor Fitzgerald Josh Sullivan - Benchmark Company Suji DeSilva - Roth Capital Operator Ladies and gentlemen, thank you for standing by.
Investors interested in space stocks should refrain from investing in Intuitive Machines right now, considering its premium valuation. However, those who already own it may continue to do so.
Intuitive Machines, a fast-growing space commercialization company, has secured a significant NASA contract, potentially worth $4.82 billion, catalyzing further growth and partnerships. Despite initial financial commitments being modest, the company's revenue is expected to grow over 100% in 2025, with 2024 revenue projected between $210 million and $240 million. The main investment risk is the company's history of negative gross profit margins, but the experienced management team holds significant shares and aims for profitability.
HOUSTON, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”) announced today that it will release its financial results for the third quarter of 2024 on Thursday, November 14, 2024, 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.
Will this speculative space stock soar higher or crash and burn?
Have you ever thought about what it would take to go to the Moon, Mars, or other destinations in the cosmos?
What type of business is Intuitive Machines?
Intuitive Machines, Inc. designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal. It also provides lunar data services, comprising Lunar data network, lunar south pole and far-side coverage, lunar positioning services, data relay, and data storage/caching. In addition, the company offers propulsion systems and navigation systems; engineering services contracts; lunar mobility vehicles, such as rovers and drones; power infrastructure that includes fission surface power; and human habitation systems. It serves its products to the U.S. government, commercial, and international customers. Intuitive Machines, Inc. was founded in 2013 and is headquartered in Houston, Texas.
What sector is Intuitive Machines in?
Intuitive Machines is in the Industrials sector
What industry is Intuitive Machines in?
Intuitive Machines is in the Aerospace & Defense industry
What country is Intuitive Machines from?
Intuitive Machines is headquartered in United States
When did Intuitive Machines go public?
Intuitive Machines initial public offering (IPO) was on 17 November 2021
What is Intuitive Machines website?
https://www.intuitivemachines.com
Is Intuitive Machines in the S&P 500?
No, Intuitive Machines is not included in the S&P 500 index
Is Intuitive Machines in the NASDAQ 100?
No, Intuitive Machines is not included in the NASDAQ 100 index
Is Intuitive Machines in the Dow Jones?
No, Intuitive Machines is not included in the Dow Jones index
When was Intuitive Machines the previous earnings report?
No data
When does Intuitive Machines earnings report?
The next expected earnings date for Intuitive Machines is 21 March 2025