Date | Price Target | Rating | Analyst |
---|---|---|---|
6/28/2024 | $8.00 | Buy | B. Riley Securities |
5/19/2023 | $11.00 | Overweight | Cantor Fitzgerald |
3/10/2023 | $20.00 | Buy | ROTH MKM |
2/27/2023 | $35.00 | Buy | Canaccord Genuity |
HOUSTON, Aug. 29, 2024 (GLOBE NEWSWIRE) -- NASA has awarded Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, a $116.9 million contract to deliver six science and technology payloads, including one European Space Agency-led drill suite to the Moon's South Pole. This award will leverage Intuitive Machines' lunar delivery, data transmission, and autonomous operation capabilities to explore the region targeted for sustained human operations. "Over the last several years, we've witnessed NASA's successful Artemis I mission and the campaign's progress toward sustainably returning humans to the
Achieved $41.4 million of revenue in Q2, up 130% YoY; $114.5 million year to date, more than all of 2023 Raised low-end of full-year 2024 revenue outlook to $210 - $240 million, resulting in 2.6x - 3x prior year salesQ2 ending cash balance and milestone payments on existing contracts expected to be sufficient to fund operations through the next 12 monthsCurrently zero debt on the balance sheet; paid down $5 million debt in Q2; remaining $3 million paid in JulyContinued mission two assembly, integration and testing; completed engine qualification; received contract modifications of $12.5 million for landing site selection; expected shipment of the completed lander to the launch site in Q4Sign
HOUSTON, Aug. 05, 2024 (GLOBE NEWSWIRE) -- SEOPS, a leading provider of responsive space mission services and Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines"), a leading space exploration, infrastructure, and services company, announced today that they have entered into a launch services agreement. Under the agreement, Intuitive Machines will provide rideshare delivery services to SEOPS as it expands its offering beyond LEO to now include multiple destinations, from geostationary transfer orbit, to the Moon's surface and various Lagrange points between the Earth and Moon starting after 2025. Intuitive Machines' cadence of pioneering lunar exploration and scientific d
CFO Brings Extensive Capital Markets Experience Leading Companies Through Market Expansion XiFin, Inc., a leading provider of innovative healthcare information technologies and services that deliver artificial intelligence (AI)-enabled operational efficiency, interoperability, and simplicity, announced today that it has appointed Erik Sallee as its new chief financial officer and executive vice president. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240220547609/en/Erik Sallee, CFO at XiFin. (Photo: Business Wire) Prior to joining XiFin, Sallee was CFO at Intuitive Machines (NASDAQ:LUNR), a diversified space exploration comp
HOUSTON, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, today opened its Lunar Production and Operations Center. Located at the Houston Spaceport in Houston, Texas, the Intuitive Machines Lunar Production and Operations Center represents a new lunar access capability for the United States, NASA, and global commercial partners. Construction on the site began in June 2021, with the now completed facility ready to support each of Intuitive Machines' three NASA-awarded missions. Designed to support each of the Company's four core business uni
HOUSTON, June 23, 2023 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines") or the ("Company"), a leading space exploration, infrastructure, and services company, today announced Nicole Seligman is joining its Board of Directors. Ms. Seligman's distinguished career has included senior leadership roles in global public companies, and she brings extensive business and corporate governance experience accompanied by exceptional achievements in the legal profession. "Nicole's expertise in business, public company leadership, and corporate governance will have an immediate impact on Intuitive Machines reaching its fullest potential," said Steve Altemus, CEO
SC 13D/A - Intuitive Machines, Inc. (0001844452) (Subject)
SC 13D/A - Intuitive Machines, Inc. (0001844452) (Subject)
SC 13D/A - Intuitive Machines, Inc. (0001844452) (Subject)
Cantor Fitzgerald analyst Andres Sheppard reiterates Intuitive Machines (NASDAQ:LUNR) with a Overweight and maintains $10 price target.
Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))))) ("Intuitive Machines") ("Company"), a leading space exploration, infrastructure, and services company, has qualified the VR900 engine for its IM-2 lunar mission, which also advances the development of the Company's VR3500 engine for larger cargo class landers. Designed, 3D-printed, and tested in-house, the IM-2 VR900 engine completed a full-duration hot-fire test that confirmed increased engine performance utilizing efficient design modifications. Intuitive Machines engineers are applying the design modifications and quality processes to its larger engine system while completing the IM-2 mission lander's final assembly.The scalable VR900 engi
4 - Intuitive Machines, Inc. (0001844452) (Issuer)
4 - Intuitive Machines, Inc. (0001844452) (Issuer)
4 - Intuitive Machines, Inc. (0001844452) (Issuer)
B. Riley Securities initiated coverage of Intuitive Machines with a rating of Buy and set a new price target of $8.00
Cantor Fitzgerald initiated coverage of Intuitive Machines with a rating of Overweight and set a new price target of $11.00
ROTH MKM initiated coverage of Intuitive Machines with a rating of Buy and set a new price target of $20.00
424B3 - Intuitive Machines, Inc. (0001844452) (Filer)
8-K - Intuitive Machines, Inc. (0001844452) (Filer)
424B3 - Intuitive Machines, Inc. (0001844452) (Filer)
Achieved $41.4 million of revenue in Q2, up 130% YoY; $114.5 million year to date, more than all of 2023 Raised low-end of full-year 2024 revenue outlook to $210 - $240 million, resulting in 2.6x - 3x prior year salesQ2 ending cash balance and milestone payments on existing contracts expected to be sufficient to fund operations through the next 12 monthsCurrently zero debt on the balance sheet; paid down $5 million debt in Q2; remaining $3 million paid in JulyContinued mission two assembly, integration and testing; completed engine qualification; received contract modifications of $12.5 million for landing site selection; expected shipment of the completed lander to the launch site in Q4Sign
HOUSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (NASDAQ:LUNR, LUNRW))) ("Intuitive Machines") ("Company") announced today that it will release its financial results for the second quarter of 2024 on Tuesday, August 13, 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. To participate in the call, please register here. Once registered, participants can dial in from their phone using a dial-in and PIN number that will be provided to them. A webcast replay will be available on the investors portion of the Intuitive Machines website at https://investors.intuitivemachines.com
Delivered NASA and commercial payloads to the Moon further south than any vehicle in history, marking the United States' first lunar landing in over 50 years, on February 22, 2024Achieved record revenues in the quarter; $73.1 million, an increase of over 300% versus prior yearContinued positive gross margin momentum; $12.2 million in the quarter driven by IM-1 mission success milestone payments from NASA and commercial customersDisciplined cash management; $6.4 million cash used from operations in the quarter, a reduction of $12.2 million versus prior yearEnded the quarter with a cash balance of $55.2 million, the largest balance relative to any quarter-end since the Company's inceptionAward