Shares of Intuitive Machines (LUNR) surged 5.42% in Tuesday's trading session, building on the previous day's 30% rally, as investors continued to digest the space exploration company's fourth-quarter earnings report and future prospects. The stock's movement comes despite a weaker-than-expected revenue outlook for 2025, suggesting that market participants are focusing on the company's long-term potential in the growing commercial space sector.
In its earnings report, Intuitive Machines provided 2025 revenue guidance of $250 million to $300 million, falling short of analysts' expectations of $330 million. However, investors appeared to look past this near-term forecast, instead honing in on the company's projection of achieving positive earnings before interest, taxes, depreciation, and amortization (EBITDA) in 2026. This profitability target aligns with Wall Street's current estimates and signals confidence in the company's ability to monetize its space exploration technologies.
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." Intuitive Machines ended 2024 with a robust cash balance of $207.6 million, which further increased to $385 million as of March 10, 2025, following recent capital raises. This strong liquidity position provides the company with ample resources to fund its ambitious growth plans and potential strategic acquisitions in the space sector.
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