Back From Orbit, Intuitive Machines' Share Price Enters the Buy Zone
The company reaffirmed full-year revenue guidance and expects positive adjusted EBITDA as backlog jumped from about $300 million at year-end to $1.8 billion.
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Intuitive Machines stock jumps 8% as Wall Street backs $1.8B backlog
Intuitive Machines Inc. LUNR shares rallied sharply on Friday after multiple Wall Street analysts shifted their focus from the company's second-quarter earnings miss to its rapidly expanding order backlog, arguing that the long-term growth outlook remains intact. The stock climbed about 8.14% to $18.99 during Friday's session after Stifel upgraded the lunar exploration company to Buy from Hold, despite lowering its price target to $26 from $32. …
Intuitive Machines Shares Rise 9% on $1.8 Billion Order Backlog Ahead of Challenging Second-Half Sales Period
HOUSTON, August 14, 2026, 11:57 EDT — U.S. cash markets remain open. Shares of Intuitive Machines, Inc. (NASDAQ:LUNR) rose 9.2% on Friday as analysts emphasized a record-setting backlog despite a miss in quarterly results. The company's order book stands at $1.762 billion, amounting to 1.85 times the midpoint of its revenue forecast for 2026. The…
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