Stock Track | Intuitive Machines Soars 5.21% Pre-Market on Strong Q4 Results and 2025 Guidance

Stock Track03-25 12:32

Shares of Intuitive Machines (LUNR) surged 5.21% in pre-market trading on Tuesday, building on the previous day's 30% gain, as investors reacted positively to the space exploration company's fourth-quarter results and future outlook. The company reported Q4 revenue of $54.7 million, up 79% year-over-year, contributing to a record fiscal year revenue of $228 million in 2024.

Intuitive Machines provided 2025 revenue guidance of $250 million to $300 million, showcasing continued growth despite falling short of some analysts' expectations. Investors were particularly encouraged by the company's projection of achieving positive EBITDA by 2026. CEO Steve Altemus highlighted the company's strategic positioning, stating, "Over the past year, we've deliberately positioned ourselves for long-term success by expanding our technical capabilities, opening new revenue streams, and fortifying our financial position."

The market's enthusiasm for Intuitive Machines appears to be driven by its improving financial position, growing backlog of $328.3 million, and potential opportunities in national security space and data services. The company ended 2024 with a strong cash position of $207.6 million, which further increased to $385 million by March 10, 2025, following recent capital raising activities. This robust liquidity provides Intuitive Machines with ample resources to fund its ambitious growth plans in the expanding commercial space sector.

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