tiprankstipranks
Trending News
More News >
Intuitive Machines (LUNR)
NASDAQ:LUNR
US Market
Advertisement

Intuitive Machines (LUNR) AI Stock Analysis

Compare
4,164 Followers

Top Page

LUNR

Intuitive Machines

(NASDAQ:LUNR)

Rating:42Neutral
Price Target:
$8.50
▲(0.12% Upside)
Intuitive Machines' overall stock score is primarily impacted by its weak financial performance and valuation metrics, indicating significant financial instability. While technical analysis and earnings call insights show some potential for improvement, the company's strategic initiatives and recent corporate events provide a modest positive outlook.
Positive Factors
Backlog and Revenue
LUNR's backlog grew significantly, with management expecting to recognize a substantial portion as revenue in the coming years.
Contracts and Partnerships
CEO Steve Artemis highlighted the $2.5M contract awarded by NASA to provide lunar logistics handling and offloading as well as surface cargo and mobility.
Liquidity and Capital Raising
The successful completion of the $345M convertible debt offering boosts the company's available liquidity to approximately $643.6M.
Negative Factors
Financial Performance
Intuitive Machines reported a Q2/25 Adj. EBITDA loss, missing the analyst's estimate by a significant margin.
Guidance and Forecasts
Management lowered FY25 guidance towards the low end of its prior range, reflecting fiscal bottlenecks related to ongoing government contracting delays.
Shareholder Impact
Analyst is reducing the PT to $18.50, reflecting potential future dilution from the offering.

Intuitive Machines (LUNR) vs. SPDR S&P 500 ETF (SPY)

Intuitive Machines Business Overview & Revenue Model

Company DescriptionIntuitive Machines, Inc. manufactures and supplies space products and services. It offers space products and services to support sustained robotic and human exploration to the moon, mars, and beyond. It offers its products and services through business units: Lunar Access Services, Orbital Services, Lunar Data Services, and Space Products and Infrastructure. The company was founded in 2013 and is based in Houston, Texas.
How the Company Makes MoneyIntuitive Machines makes money primarily through government contracts, commercial partnerships, and private sector clients. Its key revenue streams include providing lunar transportation services to government agencies like NASA as part of the Artemis program, where it delivers payloads to the Moon. The company also generates revenue from offering lunar data and communication services to other space exploration entities. Significant partnerships with space agencies and private companies contribute to its earnings by leveraging collaborative projects and shared technological advancements.

Intuitive Machines Earnings Call Summary

Earnings Call Date:Aug 07, 2025
(Q2-2025)
|
% Change Since: |
Next Earnings Date:Nov 12, 2025
Earnings Call Sentiment Neutral
The earnings call presented a mixed outlook. While the company showed significant revenue growth and secured strategic contracts and acquisitions, it also faced financial challenges, including a negative gross margin and operating loss. There is optimism about future opportunities but current financial metrics indicate areas needing improvement.
Q2-2025 Updates
Positive Updates
Revenue Growth
Q2 revenue was $50.3 million, up 21% year-over-year, driven by CLPS, LTVS, and SNS execution.
NASA Near Space Network Services Contract
Intuitive Machines was selected for NASA's Near Space Network services contract, positioning the company for sustained deep space infrastructure service.
Satellite Manufacturing Expansion
Brought satellite manufacturing in-house, ensuring performance, schedule clarity, and tight integration with landers and space systems. This move is expected to be more capital efficient.
Strategic Acquisition
Announced intent to acquire KinetX, enhancing capabilities in satellite constellation design, ground operations, and precision tracking of spacecraft.
Contracted Backlog Growth
Ended Q2 with contracted backlog of $256.9 million, up from $213 million in Q2 of 2024.
Negative Updates
Negative Gross Margin
Gross margin was negative $11.8 million, although this is an improvement from negative $16.1 million in Q2 of 2024.
Operating Loss
Operating loss for the quarter was $28.6 million, compared to a loss of $27.5 million in Q2 of 2024.
Earnings Reduction from EAC Adjustment
A reduction of $10.1 million to revenue and a cost increase of $9.7 million resulted in a total earnings reduction of $19.8 million in the quarter due to EAC adjustments.
Negative Free Cash Flow
Free cash flow was negative $27.3 million in the quarter, impacted by timing of milestone payments and capital expenditures.
Company Guidance
During the Intuitive Machines Second Quarter 2025 Earnings Call, the company provided guidance on several key metrics and strategic initiatives. The revenue for Q2 2025 was reported at $50.3 million, marking a 21% increase year-over-year, driven largely by activities in CLPS, LTVS, and SNS. The company also highlighted a backlog of $256.9 million as of Q2 2025, with expectations to recognize 30% to 35% of this in 2025. Despite a negative gross margin of $11.8 million, this was an improvement from the negative $16.1 million in Q2 2024. The operating loss for the quarter was noted at $28.6 million. Importantly, the company is focusing on vertical integration by bringing satellite manufacturing in-house, which is expected to be more cost-effective and open new market opportunities. In addition, Intuitive Machines announced its intent to acquire KinetX, which adds strategic capabilities in deep space navigation and satellite constellation management. The company remains optimistic about several upcoming opportunities, including the Lunar Terrain Vehicle Services contract, potential new CLPS task orders, and developments in Mars Data Relay satellite proposals. The guidance moving forward indicates a focus on aligning mission schedules and deliverables to drive long-term shareholder value, with full-year revenue expected to hover near the low end of prior outlook but with additional opportunities possibly supporting revenue near the midpoint of the previous $275 million guidance.

Intuitive Machines Financial Statement Overview

Summary
Intuitive Machines faces significant financial challenges, including negative net profit margins, negative equity, and cash flow issues. Despite some revenue growth, the overall financial health is precarious, necessitating strategic improvements.
Income Statement
35
Negative
Intuitive Machines shows a mixed performance in its income statement. The company has experienced revenue growth, with a TTM revenue increase of 4.1%. However, profitability is a significant concern, as evidenced by negative net profit margins and EBIT margins. The gross profit margin has improved to 21.56% in the TTM, but the net loss remains substantial, indicating ongoing challenges in achieving profitability.
Balance Sheet
30
Negative
The balance sheet reveals a precarious financial position. The company has negative stockholders' equity, indicating liabilities exceed assets, which is a significant risk. The debt-to-equity ratio is negative due to negative equity, and while the return on equity appears positive, it is misleading due to the negative equity base. Overall, the balance sheet reflects financial instability.
Cash Flow
40
Negative
Cash flow analysis shows some areas of concern. The company has negative operating cash flow and free cash flow, although the free cash flow to net income ratio is positive, indicating some efficiency in cash utilization relative to net losses. However, the negative growth in free cash flow and operating cash flow coverage ratio highlight liquidity challenges.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue226.36M228.00M79.52M85.95M72.55M44.26M
Gross Profit41.93M37.63M-20.95M10.43M-27.76M1.70M
EBITDA-73.49M-50.49M48.46M38.78M-37.05M-3.81M
Net Income-240.83M-283.41M62.80M-6.41M-35.65M-4.33M
Balance Sheet
Total Assets475.64M355.40M85.91M67.00M43.45M38.04M
Cash, Cash Equivalents and Short-Term Investments346.94M207.61M4.50M25.76M29.29M23.93M
Total Debt37.34M37.38M43.48M25.76M14.99M5.14M
Total Liabilities184.75M351.48M137.48M124.62M95.29M53.05M
Stockholders Equity-374.90M-1.00B-235.08M-57.62M-51.84M-16.36M
Cash Flow
Free Cash Flow-40.22M-67.70M-75.19M-15.62M-19.74M5.60M
Operating Cash Flow-19.73M-57.59M-45.28M784.00K-16.57M8.15M
Investing Cash Flow-20.49M-10.11M-29.91M-16.41M-3.18M-2.55M
Financing Cash Flow353.49M272.79M53.92M12.10M25.11M1.66M

Intuitive Machines Technical Analysis

Technical Analysis Sentiment
Negative
Last Price8.49
Price Trends
50DMA
10.43
Negative
100DMA
10.27
Negative
200DMA
12.37
Negative
Market Momentum
MACD
-0.58
Negative
RSI
34.66
Neutral
STOCH
13.56
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LUNR, the sentiment is Negative. The current price of 8.49 is below the 20-day moving average (MA) of 9.08, below the 50-day MA of 10.43, and below the 200-day MA of 12.37, indicating a bearish trend. The MACD of -0.58 indicates Negative momentum. The RSI at 34.66 is Neutral, neither overbought nor oversold. The STOCH value of 13.56 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LUNR.

Intuitive Machines Risk Analysis

Intuitive Machines disclosed 47 risk factors in its most recent earnings report. Intuitive Machines reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks

Intuitive Machines Peers Comparison

Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
$1.96B-22.54%9.52%24.27%
64
Neutral
$10.73B15.747.56%2.01%2.76%-15.10%
55
Neutral
$20.74B-40.45%54.36%-26.35%
47
Neutral
$1.16B-30.69%87.67%18.33%
43
Neutral
$1.15B-320.52%-30.78%
42
Neutral
$1.50B25.79%43.23%-3174.53%
25
Underperform
$436.02M115.25%
* Industrials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
LUNR
Intuitive Machines
8.49
2.97
53.80%
EH
Ehang Holdings
16.16
4.49
38.47%
EVTL
Vertical Aerospace
4.61
-2.59
-35.97%
EVEX
Eve Holding
3.92
1.06
37.06%
RKLB
Rocket Lab USA
45.84
39.70
646.58%
PL
Planet Labs PBC
6.53
4.61
240.10%

Intuitive Machines Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Intuitive Machines Completes $345M Convertible Notes Offering
Positive
Aug 18, 2025

On August 18, 2025, Intuitive Machines completed a private offering of $345 million in Convertible Senior Notes due 2030, which was an increase from the initially planned $250 million. The proceeds from this offering, approximately $335.5 million after deductions, are intended for general corporate purposes, including operations, R&D, and potential acquisitions. The company also entered into capped call transactions to mitigate potential stock dilution upon note conversion, reflecting strategic financial planning to strengthen its market position.

Private Placements and FinancingBusiness Operations and Strategy
Intuitive Machines Announces $250M Convertible Notes Offering
Positive
Aug 13, 2025

On August 13, 2025, Intuitive Machines announced a proposed private offering of $250 million in convertible senior notes due in 2030, targeting qualified institutional buyers. The company plans to use the proceeds for capped call transactions and general corporate purposes, including operations, research and development, and potential acquisitions. This financial maneuver aims to strengthen Intuitive Machines’ market position and operational capabilities in the space exploration industry.

M&A TransactionsBusiness Operations and StrategyFinancial Disclosures
Intuitive Machines Acquires KinetX for Strategic Expansion
Positive
Aug 7, 2025

On August 6, 2025, Intuitive Machines announced a Stock Purchase Agreement to acquire KinetX, a leading space navigation and flight dynamics software company, for $30 million, positioning itself for constellation management in Earth Orbit, Moon, and Mars. The acquisition aligns with Intuitive Machines’ strategic expansion efforts, including in-house satellite production and a significant footprint increase at Houston Spaceport, as part of its broader growth strategy in the space technology sector. The company reported $50.3 million in revenue for Q2 2025, a 21% increase from the previous year, and ended the quarter debt-free with $345 million in cash, highlighting its strong financial position and readiness for further strategic acquisitions.

Executive/Board ChangesShareholder Meetings
Intuitive Machines Holds Annual Stockholders Meeting
Neutral
Jun 10, 2025

Intuitive Machines Inc. held its Annual Meeting of Stockholders on June 5, 2025, where two key proposals were voted on. The stockholders elected Class II director nominees Michael Blitzer and Nicole Seligman for a term expiring in 2028 and ratified Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 19, 2025