HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today the pricing of an upsized offering of 9,523,810 shares of its Class A common stock (“Class A Common Stock”) at a price to the public of $10.50 per share (the “Public Offering Price”) (the “Offering”). As part of the Offering, the Company and a selling stockholder granted the underwriters a 30-day ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Intuitive Machines (NASDAQ: LUNR ) stock has tumbled 13.4% in after-market hours on the news that the company is issuing common stock . This is of course a material development and, in this report, I want to discuss whether the commonDhierin runs t ...

HOUSTON, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines” or the “Company”), a leading space exploration, infrastructure, and services company, announced today that it has commenced an underwritten public offering of $65.0 million of shares of its Class A common stock (“Class A Common Stock”) (the “Offering”). The Company and a selling stockholder intend to grant the underwriters a 30-day option to purchase up to an additional $8,872,500 and $877,500 of ...

I wrote about Intuitive Machines (NASDAQ: LUNR ) in April this year, giving them a strong buy rating . LUNR shares are up almost 200% since that article, and I think the shares have another 150% to goI look at small to mid-cap companies with disruptive technology. I provide competitive analysis of companies and often research the founders and their previous endeavors. I follow, investigate and report on companies that I believe have growth potential and highlight some of the ones best avoided. I invest with ...

Intuitive Machines (LUNR -2.91%) shares have skyrocketed 491% year to date at the time of this writing, dwarfing the S&P 500's 25% gain. Moreover, my modest position, initiated just weeks ago in my Roth IRA, is already up by a healthy 76.8%.LUNR data by YCharts.While such gains typically trigger profit-taking, several developments suggest this lunar pioneer's story is just beginning to unfold. Read on to find out more about this incredible space stock. Building the Moon's first infrastructure networkFor the ...

Company Performance - Intuitive Machines (NASDAQ: LUNR) shares have surged 90% over the last month, with significant gains occurring in the past couple of weeks [1] - The company's third quarter earnings report appears to have contributed to the recent investor enthusiasm [1] Analyst Background - The author, Kumquat Research (Jeremy), has a double degree in finance and computer science and has passed all three levels of the CFA exam [1] - Currently working in fintech as a data engineer, the author has been writing for Seeking Alpha for nearly ten years [1] Disclosure Information - The author has no stock, option, or derivative positions in any mentioned companies and no plans to initiate such positions within the next 72 hours [1] - The article expresses the author's own opinions and is not financial or investment advice [1] - Seeking Alpha is not a licensed securities dealer, broker, or US investment adviser, and its analysts may not be licensed or certified by any institute or regulatory body [2]

For those looking to find strong Aerospace stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Intuitive Machines, Inc. (LUNR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.Intuitive Machines, Inc. is a member of our Aerospace group, which includes 46 different companies and currently sits at #4 in the Zacks Sector Rank. The Zacks Sector Rank ...

HOUSTON, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Intuitive Machines, Inc. (Nasdaq: LUNR, LUNRW) (“Intuitive Machines”) (“Company”), a leading space exploration, infrastructure, and services company, has announced it has entered into a Cooperation Agreement with the Johns Hopkins University Applied Physics Laboratory (“APL”) to advance safe, secure, and reliable lunar communications and navigation infrastructure in cislunar space. Cislunar space encompasses the region of space that extends from Earth’s gravitation ...

Investors might want to bet on Intuitive Machines, Inc. (LUNR) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sys ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...