Intuitive Machines (LUNR) AI Stock Analysis

• Market Cap: $1.79B
• Dividend Yield: N/A
• Average Volume (3M): 7.46M
• Price to Earnings (P/E): ―
• Beta (1Y): 3.18
• Revenue Growth: 43.23%
• EPS Growth: -3174.53%
• Country: US
• Employees: 435
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -0.22
• Shares Outstanding: 117,819,530
• 10 Day Avg. Volume: 7,439,755
• 30 Day Avg. Volume: 7,460,556
• PEG Ratio: 0.02
• Price to Book (P/B): -1.11
• Price to Sales (P/S): 4.89
• P/FCF Ratio: -16.47
• Enterprise Value/Market Cap: 0.92
• Enterprise Value/Revenue: 7.24
• Enterprise Value/Gross Profit: 39.09
• Enterprise Value/Ebitda: -22.30
• 1Y Price Target: $14.71
• Price Target Upside: 45.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 43 Neutral
• Price Target: $10.00 ▼(-0.99% Downside)

Intuitive Machines' stock score is primarily impacted by its financial instability, with negative equity and profitability issues being major concerns. While there are strategic initiatives and revenue growth, these are overshadowed by ongoing financial challenges and bearish technical indicators.

Positive Factors

Revenue Growth

The 21% YoY revenue growth indicates strong demand for Intuitive Machines' services, particularly in lunar transportation and infrastructure, supporting long-term business expansion.

Strategic Acquisition

Acquiring KinetX will enhance Intuitive Machines' capabilities in satellite constellation design and spacecraft tracking, strengthening its competitive position in the aerospace industry.

Contracted Backlog Growth

The increase in contracted backlog to $256.9 million provides revenue visibility and stability, supporting future growth and operational planning.

Negative Factors

Negative Equity

Negative equity indicates liabilities exceed assets, posing a significant risk to financial stability and limiting the company's ability to secure additional financing.

Operating Loss

Continued operating losses highlight challenges in achieving profitability, which could hinder long-term growth and investment in new projects.

Negative Free Cash Flow

Negative free cash flow indicates liquidity challenges, potentially impacting the company's ability to fund operations and invest in strategic initiatives.

Intuitive Machines Business Overview & Revenue Model

Company Description

Intuitive 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 Money

Intuitive 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 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

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

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

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.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	226.36M	228.00M	79.52M	85.95M	72.55M	44.26M
Gross Profit	41.93M	37.63M	-20.95M	10.43M	-27.76M	1.70M
EBITDA	-73.49M	-50.49M	48.46M	38.78M	-37.05M	-3.81M
Net Income	-240.83M	-283.41M	62.80M	-6.41M	-35.65M	-4.33M
Balance Sheet
Total Assets	475.64M	355.40M	85.91M	67.00M	43.45M	38.04M
Cash, Cash Equivalents and Short-Term Investments	346.94M	207.61M	4.50M	25.76M	29.29M	23.93M
Total Debt	37.34M	37.38M	43.48M	25.76M	14.99M	5.14M
Total Liabilities	184.75M	351.48M	137.48M	124.62M	95.29M	53.05M
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	-19.74M	5.60M
Operating Cash Flow	-19.73M	-57.59M	-45.28M	784.00K	-16.57M	8.15M
Investing Cash Flow	-20.49M	-10.11M	-29.91M	-16.41M	-3.18M	-2.55M
Financing Cash Flow	353.49M	272.79M	53.92M	12.10M	25.11M	1.66M

Intuitive Machines Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.10
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LUNR, the sentiment is Positive. The current price of 10.1 is above the 20-day moving average (MA) of 9.08, above the 50-day MA of 9.97, and below the 200-day MA of 12.06, indicating a neutral trend. The MACD of 0.15 indicates Negative momentum. The RSI at 61.29 is Neutral, neither overbought nor oversold. The STOCH value of 71.58 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for LUNR.

Intuitive Machines Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AVAV	67 Neutral	15.06B	-470.08	-1.01%	―	44.04%	-129.81%
RKLB	55 Neutral	23.56B	-101.92	-33.60%	―	54.36%	-26.35%
LUNR	43 Neutral	$1.79B	―	25.79%	―	43.23%	-3174.53%
EVEX	43 Neutral	1.22B	-6.30	―	―	―	-30.78%
RDW	41 Neutral	1.35B	-2.76	-20.72%	―	-10.50%	-230.68%
EVTL	25 Underperform	576.39M	-0.50	―	―	―	―
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%

Intuitive Machines Corporate Events

Intuitive Machines Completes $345M Convertible Notes Offering

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.

Intuitive Machines Announces $250M Convertible Notes Offering

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.

Intuitive Machines Acquires KinetX for Strategic Expansion

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.

Intuitive Machines Holds Annual Stockholders Meeting

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.