Intuitive Machines Inc
Aerospace & Defense
Intuitive Machines Inc (LUNR) Stock News
The latest LUNR headlines and market coverage — 5 recent stories, updated throughout the day.
- Zacks Investment Research·Neutral
Can LUNR Turn Its $1.8 Billion Backlog into Stronger 2026 Results?
Intuitive Machines (LUNR) ended Q2 2026 with a record $1.8B backlog after booking $920M in awards, but revenues missed estimates at $206.2M despite 310% YoY growth. The company expects 25-30% of backlog to convert to 2026 revenue and maintained its $900M-$1B full-year guidance. However, operating losses widened due to elevated expenses and a $14.7M charge on the IM-4 lunar mission, highlighting execution risks and the critical importance of second-half conversion to meet targets.
- Zacks Investment Research·
LUNR Falls 46.4% in 3 Months. Is the Sell-Off a Buying Opportunity?
Intuitive Machines (LUNR) has declined 46.4% over three months despite achieving a record $1.8B backlog and booking $920M in Q2 2026 awards. While the company shows strong operational expansion with 70+ IM-300 spacecraft under contract and improving satellite production, it faces headwinds from fixed-price lunar mission risks, negative adjusted EBITDA, and a premium valuation multiple relative to peers. The stock carries a Hold rating with weak value, growth, and momentum scores, suggesting investors should await execution improvements rather than treating the decline as a buying opportunity.
- Zacks Investment Research·
Is LUNR Worth Buying as Growth Accelerates but Valuation Stays Rich?
Intuitive Machines (LUNR) reported Q2 revenues of $206.2 million, up 310% year-over-year, with a record $1.8 billion backlog and diversified revenue streams across civil, commercial, and national security sectors. However, the stock trades at a premium valuation (3.15X forward sales vs. 2.38X sub-industry average) while the company remains unprofitable, faces cash burn of $59.8 million quarterly, and has margin risks from fixed-price contracts. Analysts maintain a Hold rating, suggesting investors await better execution visibility before aggressive entry.
- Benzinga·
SpaceX IPO Looms Ahead And These Rocket Stocks Are Popping: Here's What Is Going On With SPCE, ASTS, RKLB, LUNR And PL Overnight
Space-related stocks rallied in after-hours trading as SpaceX prepared for its Nasdaq debut on Friday at $135 per share under ticker SPCX. With no direct pure-play alternative available, traders rotated into publicly listed space companies including SPCE, ASTS, RKLB, PL, and LUNR. Beyond broad sector momentum, several stocks had company-specific catalysts: AST SpaceMobile's BlueBird satellite launch confirmed for June 17, Rocket Lab's Nasdaq-100 inclusion, Intuitive Machines' NASA partnerships, Virgin Galactic's balance sheet strengthening, and Planet Labs' earnings beat.
- Benzinga·
SpaceX IPO Looms Ahead And These Rocket Stocks Are Popping: Here's What Is Going On With SPCE, ASTS, RKLB, LUNR And PL Overnight
Space-related stocks rallied in after-hours trading on Thursday as investors anticipate SpaceX 's expected Nasdaq debut on Friday under the ticker SPCX. In the after-hours session, these stocks went trending: Company % After Hours Change After Hours Price Virgin Galactic Holdings, Inc. (NYSE: SPCE ) +13.26% $6.49 AST SpaceMobile, Inc. (NASDAQ: ASTS ) +6.86% $104.25 Rocket Lab Corporation (NASDAQ: RKLB ) +5.85% $121.50 Planet Labs PBC (NYSE: PL ) +4.77% $35.80 Intuitive Machines, Inc. (NASDAQ: LUNR ) +4.43% $32.00 Why The Rally Happened Earlier in the week, many space stocks declined as retail investors sold positions to free up cash for the SpaceX offering. Thursday's after-hours rebound reflected a relief rally, with capital returning to the sector after the IPO's pricing details helped reduce uncertainty. SpaceX’s Friday Nasdaq debut at $135 per share sent traders scrambling into publicly listed space names. With no ... Full story available on Benzinga.com