Reading the tape
NASDAQ: LUNR
Intuitive Machines, Inc.
Industrials · Aerospace & Defense
Market Cap
$4.78B
52w High
$31.15
52w Low
$7.78
P/E
-36.92
Volume
2.15M
Outstanding Shares
159.37M
Price vs Fundamentals
Why The Stock Is Moving
Momentum disconnected from fundamentalsModerate confidence
Note: The most recent financial data is over 3 months old. Metrics shown may not reflect the latest reporting period.
1Y Price: 217.37%Revenue (TTM): -7.87%FCF (TTM): 17.35%P/S: 100th pct
What changed
The stock rose 217.37% over the last year. Revenue declined 7.87% over the trailing twelve months. Operating margin moved from -25.17% to -41.53%. Free cash flow grew 17.35% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 100th percentile of its historical P/S range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently -41.53%) would need to stabilize or improve to justify the move. Revenue is declining 7.87% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Intuitive Machines, Inc. manufactures and supplies space products and services.
CEOStephen J. Altemus
SectorIndustrials
IndustryAerospace & Defense
Employees435
IPO dateNov 17, 2021
Valuation
Forward P/E—
EV/EBITDA-26.60
Enterprise value$2.23B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth-18.64%
Gross margin12.4%▼5.36%vs FY2024
Operating margin-41.53%▼64.96%vs FY2024
ROE11.13%▼60.60%vs FY2024
Analyst consensus
RatingBuy
Target price$26.13▼12.80%
9
Buy
1
Hold
1
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
May 14, 2026
Q2 FY26 · EPS est -$0.07 · Revenue est $202.95M
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