Intuitive Machines (NASDAQ:LUNR) Stock Gets Price Target Cut from Roth Capital

Intuitive Machines (NASDAQ:LUNR) had its target price decreased by investment analysts at Roth Capital from $30.00 to $20.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “buy” rating on the stock. Roth Capital‘s price objective would indicate a potential upside of 63.75% from the stock’s previous close.

Other research analysts have also issued research reports about the company. Zacks Research upgraded Intuitive Machines from a “strong sell” rating to a “hold” rating in a report on Tuesday. B. Riley Financial decreased their price objective on Intuitive Machines from $43.00 to $34.00 and set a “buy” rating for the company in a report on Wednesday, November 4th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Intuitive Machines in a research report on Monday, September 21st. KeyCorp lowered their target price on Intuitive Machines from $38.00 to $30.00 and set an “overweight” rating on the stock in a research report on Monday, November 2nd. Finally, Canaccord Genuity Group cut their target price on Intuitive Machines from $41.00 to $39.00 and set a “buy” rating on the stock in a report on Tuesday, August 18th. Seven analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $28.50.

Intuitive Machines Price Performance

Shares of LUNR stock traded down $0.82 on Friday, reaching $12.21. 2,609,496 shares of the company were exchanged, compared to its average volume of 11,519,234. The company has a market cap of $2.80 billion, a price-to-earnings ratio of -12.98 and a beta of 1.91. The company has a 50-day moving average of $12.95 and a 200-day moving average of $19.30. Intuitive Machines has a one year low of $7.78 and a one year high of $46.75.

Intuitive Machines (NASDAQ:LUNR) last issued its earnings results on Thursday, November 12th. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.08. The firm had revenue of $269.35 million during the quarter, compared to analyst estimates of $245.90 million. As a group, sell-side analysts predict that Intuitive Machines will post -0.60 EPS for the current year.

Insider Transactions at Intuitive Machines

In related news, insider Steven Vontur sold 3,050 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $16.13, for a total value of $49,196.50. Following the sale, the insider owned 113,997 shares in the company, valued at $1,838,771.61. This represents a 2.61% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kamal Ghaffarian sold 1,698 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $16.00, for a total transaction of $27,168.00. Following the completion of the transaction, the director directly owned 3,494,768 shares in the company, valued at approximately $55,916,288. The trade was a 0.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 391,263 shares of company stock valued at $6,077,802 over the last three months. Corporate insiders own 54.10% of the company’s stock.

Institutional Trading of Intuitive Machines

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Intuitive Machines in the third quarter worth approximately $98,725,000. Tema ETFs LLC lifted its holdings in shares of Intuitive Machines by 139,768.2% in the second quarter. Tema ETFs LLC now owns 3,105,074 shares of the company’s stock valued at $66,418,000 after purchasing an additional 3,102,854 shares in the last quarter. Tidal Investments LLC bought a new position in shares of Intuitive Machines in the second quarter valued at approximately $64,452,000. Renaissance Technologies LLC bought a new position in shares of Intuitive Machines in the first quarter valued at approximately $35,895,000. Finally, Bank of America Corp DE boosted its position in shares of Intuitive Machines by 188.9% during the first quarter. Bank of America Corp DE now owns 1,882,973 shares of the company’s stock valued at $34,948,000 after buying an additional 1,231,188 shares during the last quarter. 72.21% of the stock is owned by institutional investors.

Intuitive Machines News Roundup

Here’s some of the latest news about LUNR:

• Positive Sentiment: Backlog reached a record $1.9 billion across civil, commercial, and defense contracts, providing a substantial pipeline of potential future work. The company also highlighted record financial results that included positive cash flow. Q3 financial results
• Positive Sentiment: Zacks Research raised its rating from “strong sell” to “hold,” a less negative analyst stance. Zacks Research rating
• Neutral Sentiment: Intuitive Machines forecast FY 2026 revenue of $920 million to $950 million, broadly around the $920.2 million analyst consensus. Investors may focus on whether the company can turn its large backlog into sustained growth. Backlog and growth outlook

Intuitive Machines Company Profile

Intuitive Machines is a space exploration and infrastructure company headquartered in Houston, Texas. It develops and operates lunar landers and provides services intended to support missions to the Moon and other space destinations. The company’s offerings include lunar payload delivery, spacecraft and mission operations, and communications and data services. Its Nova-C lunar lander is designed to carry scientific instruments and other customer payloads to the lunar surface, including through NASA’s Commercial Lunar Payload Services program.