B. Riley Research Analysts Cut Earnings Estimates for LUNR

Intuitive Machines, Inc. (NASDAQ:LUNR) – Equities researchers at B. Riley lowered their FY2025 earnings per share (EPS) estimates for shares of Intuitive Machines in a research note issued on Monday, September 29th. B. Riley analyst M. Crawford now anticipates that the company will post earnings per share of ($0.38) for the year, down from their previous forecast of ($0.36). The consensus estimate for Intuitive Machines’ current full-year earnings is $0.73 per share. B. Riley also issued estimates for Intuitive Machines’ Q4 2025 earnings at ($0.04) EPS.

Other analysts have also recently issued reports about the company. UBS Group reissued a “buy” rating on shares of Intuitive Machines in a report on Monday, August 18th. Canaccord Genuity Group reduced their price target on Intuitive Machines from $19.00 to $18.50 and set a “buy” rating for the company in a report on Tuesday, August 19th. Craig Hallum began coverage on Intuitive Machines in a report on Tuesday, July 22nd. They issued a “buy” rating and a $17.00 price target for the company. Zacks Research raised Intuitive Machines to a “strong sell” rating in a report on Monday, August 11th. Finally, Bank of America dropped their price objective on Intuitive Machines from $10.50 to $8.50 and set an “underperform” rating for the company in a research note on Monday, August 25th. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $15.44.

Intuitive Machines Price Performance

LUNR opened at $10.61 on Wednesday. The business has a 50 day simple moving average of $9.77 and a 200-day simple moving average of $9.78. The stock has a market capitalization of $1.90 billion, a P/E ratio of -3.27 and a beta of 1.41. Intuitive Machines has a 12 month low of $6.14 and a 12 month high of $24.95.

Intuitive Machines (NASDAQ:LUNR) last posted its quarterly earnings results on Thursday, August 7th. The company reported ($0.11) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.05). The firm had revenue of $50.31 million during the quarter, compared to analyst estimates of $69.19 million. Intuitive Machines has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Intuitive Machines

Several hedge funds have recently bought and sold shares of LUNR. Golden State Wealth Management LLC increased its position in Intuitive Machines by 180.0% during the second quarter. Golden State Wealth Management LLC now owns 2,800 shares of the company’s stock worth $30,000 after buying an additional 1,800 shares in the last quarter. Nisa Investment Advisors LLC increased its position in Intuitive Machines by 35.6% during the second quarter. Nisa Investment Advisors LLC now owns 4,292 shares of the company’s stock worth $47,000 after buying an additional 1,127 shares in the last quarter. Rossby Financial LCC purchased a new position in Intuitive Machines during the first quarter worth $67,000. Sigma Planning Corp purchased a new position in Intuitive Machines during the first quarter worth $78,000. Finally, Park Avenue Securities LLC purchased a new position in Intuitive Machines during the first quarter worth $81,000. Hedge funds and other institutional investors own 72.21% of the company’s stock.

Insiders Place Their Bets

In related news, Director Kamal Seyed Ghaffarian sold 80,508 shares of the firm’s stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $12.05, for a total value of $970,121.40. Following the completion of the transaction, the director directly owned 3,494,768 shares of the company’s stock, valued at $42,111,954.40. This trade represents a 2.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders sold 161,016 shares of company stock valued at $1,997,001. Company insiders own 39.75% of the company’s stock.

About Intuitive Machines

Intuitive Machines, Inc designs, manufactures, and operates space products and services in the United States. Its space systems and space infrastructure enable scientific and human exploration and utilization of lunar resources to support sustainable human presence on the moon. The company offers lunar access services, such µNova, lunar surface rover services, fixed lunar surface services, lunar orbit delivery services, rideshare delivery services to lunar orbit, as well as content sales and marketing sponsorships; and orbital services, including satellite delivery and rideshare, satellite servicing and refueling, space station servicing, satellite repositioning, and orbital debris removal.