๐ Stock Analysis: Intuitive Machines, Inc. ($LUNR)
๐ฐ Current Price: $21.89 (+13.28%)
๐ Intraday High: $22.14
๐ Intraday Low: $19.19
โฐ Last Trade Time: January 4, 2025, 01:15 UTC
๐ Recent Developments:
๐ NASA Contracts: Intuitive Machines secured a major NASA contract worth up to $4.82B to provide communication and navigation services for near-space missions.
๐ Lunar Missions: Successfully landed its Odysseus lander on the moon ๐ and is gearing up for its second mission, IM-2, scheduled for early 2025.
๐ก Strategic Partnerships: Partnering with industry leaders like Nokia to deploy the first cellular network on the moon, aiming to improve lunar surface communications.
๐ก Financial Highlights:
๐ผ Market Cap: $1.68B
๐ธ Revenue (TTM): $157.77M
๐ด Net Income (TTM): -$39.38M
๐ EPS (TTM): -$2.22
โ P/E Ratio: N/A due to negative earnings
๐ต Total Cash: $31.63M
๐ Total Debt: $37.44M
๐ฎ Analyst Insights:
๐ฏ Price Target: $16.70 (potential downside โ ๏ธ)
๐ Earnings Estimates: FY 2024 EPS expected at -$0.33, improving to -$0.10 in 2025, reflecting potential growth ๐.
โ ๏ธ Considerations:
Intuitive Machines is a key player in commercial lunar exploration ๐, with promising contracts and partnerships ๐. However, its current negative earnings and the inherent risks in the space exploration industry remain significant concerns. Investors should watch for upcoming mission success and financial performance closely.