Intuitive Machines (LUNR, Financial) is experiencing a surge in bullish options trading, as indicated by the trading of 17,069 call options, which is 1.4 times the anticipated volume. This activity has pushed the implied volatility up by nearly nine percentage points to reach 95.81%. The most traded options include the Aug-25 12 calls and the Jul-25 11.5 calls, contributing to an amassed volume of approximately 8,800 contracts in these specific strikes.
The Put/Call Ratio for LUNR stands at a low 0.16, signifying a strong bullish sentiment among investors. Market participants are eyeing the upcoming earnings report, expected on August 13th, which could further influence trading dynamics.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 8 analysts, the average target price for Intuitive Machines Inc (LUNR, Financial) is $15.56 with a high estimate of $21.50 and a low estimate of $12.00. The average target implies an upside of 40.76% from the current price of $11.06. More detailed estimate data can be found on the Intuitive Machines Inc (LUNR) Forecast page.
Based on the consensus recommendation from 8 brokerage firms, Intuitive Machines Inc's (LUNR, Financial) average brokerage recommendation is currently 2.5, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
LUNR Key Business Developments
Release Date: May 13, 2025
- Revenue: $62.5 million in Q1 2025, up 14% over Q4 2024.
- Gross Profit: $6.7 million in Q1 2025, compared to $0.7 million in Q4 2024.
- SG&A Expenses: $16.1 million in Q1 2025, compared to $13.5 million in Q4 2024.
- Operating Loss: $10.1 million in Q1 2025, compared to $13.4 million in Q4 2024.
- Adjusted EBITDA: Negative $6.6 million in Q1 2025, an improvement of $4.6 million from Q4 2024.
- Operating Cash Flow: $19.4 million generated in Q1 2025.
- Free Cash Flow: Positive $13.3 million in Q1 2025.
- Cash Balance: $373.3 million at the end of Q1 2025.
- Contracted Backlog: $272.3 million at the end of Q1 2025.
- Guidance: Revenue range of $250 million to $300 million for 2025, with positive run rate adjusted EBITDA by Q4 2025.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
- Intuitive Machines Inc (LUNR, Financial) reported a strong first quarter with revenues of $62.5 million, marking a 14% increase over Q4 2024.
- The company achieved positive free cash flow for the first time in its history, driven by milestone payments and improved gross margins.
- Intuitive Machines Inc (LUNR) has a significant cash balance of $373.3 million, with no debt, providing financial flexibility for future growth opportunities.
- The company is advancing its capabilities in Earth reentry technology, supported by a $10 million contract from the Texas Space Commission.
- Intuitive Machines Inc (LUNR) is making progress in diversifying its revenue streams, with advancements in national security space and data transmission services under NASA's NSNS contract.
Negative Points
- The IM-2 mission faced a landing anomaly, leading to an early termination and impacting the recognition of success payments.
- The company's contracted backlog decreased from $328.3 million in Q4 2024 to $272.3 million in Q1 2025.
- Intuitive Machines Inc (LUNR) reported an operating loss of $10.1 million for the quarter, although this was an improvement from the previous quarter.
- The company faces challenges in executing lunar missions due to harsh environmental conditions, requiring additional investments in technology and sensors.
- Free cash flow is expected to remain lumpy throughout the year due to the timing of milestone payments, despite the positive trend.
