LUNR - Intuitive Machines, Inc.
Intuitive Machines (LUNR) is rated Hold as it transitions from lunar landers to a diversified space infrastructure platform amid rapid revenue growth. LUNR's revenue surged to $210M in 2025, but persistent losses, negative cash flow, and a high valuation temper enthusiasm. Strategic acquisitions like Goonhilly and COMSAT could transform LUNR into a key space communications operator, but integration risks remain material.
Intuitive Machines keeps growing and winning contracts -- but none so big as the ones it's already won.
Intuitive Machines is expanding beyond lunar missions into communications, navigation, and national security infrastructure as revenues surge.
The space sector has been one of the most exciting areas of the market in 2026, and the excitement is only building. Reports that SpaceX could file its prospectus as soon as this week, ahead of a potential June IPO, have injected fresh momentum into a sector already generating compelling stories of its own.
Pure-play commercial space stocks are getting hit hard at midday on Tuesday. Rocket Lab (NASDAQ:RKLB | RKLB Price Prediction) is down 9%, Planet Labs (NYSE:PL) is off 6%, and Intuitive Machines (NASDAQ:LUNR) has slipped 5%.
HOUSTON, May 18, 2026 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR) ("Intuitive Machines", together with its subsidiaries, the "Company"), a space technology, infrastructure, and services leader, is now the prime contractor for operations of the Lunar Reconnaissance Orbiter Camera ("LROC"), a key instrument aboard NASA's Lunar Reconnaissance Orbiter ("LRO"), and the ShadowCam instrument, a specialized lunar imaging camera on board the Korea Pathfinder Lunar Orbiter that provides visibility in light obscured conditions such as dark and shadowed regions of the Moon.
Intuitive Machines is announcing 2 prime lunar reconnaissance contracts (LROC and ShadowCam) in support of NASA's Artemis campaign and commercial missions.
LUNR's $1.1B backlog and major contract wins boost its revenue outlook as demand rises for space and defense infrastructure.
Reuters reported over the weekend that SpaceX will probably IPO on June 12. Investors bid up space stocks this morning on the news -- then had second thoughts.
The more I look at it, the more Golden Dome looks like a white elephant.
Tim Bohen (@stockstotrade) breaks down today's Big 3, which includes two space stocks in Rocket Lab (RKLB) and Intuitive Machines (LUNR) ahead of a highly anticipated SpaceX IPO. He also notes Broadcom's (AVGO) consolidation as an interesting trade opportunity.
A major analyst just made the bull case for Intuitive Machines (NASDAQ:LUNR).
Intuitive Machines is positioned for robust growth across defense, civil, and commercial space infrastructure, leveraging recent contract wins and strategic acquisitions. LUNR's backlog surged nearly 400% to $1.055 billion in Q1 '26, with 60-65% expected to convert to revenue by eFY26, underpinning strong operational momentum. Recent acquisitions, including Goonhilly, expand LUNR's integrated earth-to-orbit communications capabilities, supporting its role in NASA's Artemis and emerging satellite data center markets.
Intuitive Machines and Firefly Aerospace have both surged since SpaceX's IPO was confirmed for this year. Firefly's main challenge is that it competes directly with SpaceX as a rocket company.
Intuitive Machines, Inc. (LUNR) Q1 2026 Earnings Call Transcript
Intuitive Machines NASDAQ: LUNR reported what executives described as the strongest quarter in the company's history, citing record revenue, record backlog and positive adjusted EBITDA as the space infrastructure company integrates recent acquisitions and pursues new civil, commercial and national security opportunities.
Intuitive Machines surges 124% over three months as NASA-linked lunar contracts, defense deals, and acquisitions fuel its shift into space infrastructure.
Late last month, we dropped our summer report, featuring 10 picks that can make the old 'sell in May' adage obsolete.
Intuitive Machines missed on both sales and earnings this morning, but its stock isn't taking much of a hit yet. Sales nearly tripled year over year, and are set to beat expectations for the full year.
Intuitive Machines, Inc. (LUNR) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.07. This compares to a loss of $0.2 per share a year ago.