Intuitive Machine's New Deal to Boost Growth: Time to Buy LUNR Stock?

Zacks12-05

Intuitive Machine Inc. LUNR has been collaborating with commercial companies and research centers to enhance its footprint in the rapidly growing space exploration industry, particularly in the ...

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LUNR has been collaborating with commercial companies and research centers to enhance its footprint in the rapidly growing space exploration industry, particularly in the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/intuitive-machines-deal-boost-growth-200000423.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Intuitive Machine's New Deal to Boost Growth: Time to Buy LUNR Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIntuitive Machine's New Deal to Boost Growth: Time to Buy LUNR Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-05 04:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/intuitive-machines-deal-boost-growth-200000423.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Intuitive Machine Inc. LUNR has been collaborating with commercial companies and research centers to enhance its footprint in the rapidly growing space exploration industry, particularly in the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/intuitive-machines-deal-boost-growth-200000423.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0198837287.USD","symbol_name":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","start_time":0,"source_url":"https://finance.yahoo.com/news/intuitive-machines-deal-boost-growth-200000423.html","article_id":"2489612829","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/j.L7VZNwWJHhaKzrZeY.Bg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/37f075b2c18497d0651945461f5597ea"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2489612829","pubTimestamp":1733342400,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Intuitive Machine Inc. LUNR has been collaborating with commercial companies and research centers to enhance its footprint in the rapidly growing space exploration industry, particularly in the cislunar space. Keeping up with this trend, LUNR recently joined forces with the Johns Hopkins University Applied Physics Laboratory  to promote safe, secure, and reliable communications and navigation around the Moon.The collaboration is aimed at advancing U.S. hardware applications, supporting NASA’s Artemis program, and developing scalable, subscription-based data transmission services, which, in turn, should strengthen Intuitive Machines' dominance in the cislunar space.This might lure investors interested in space stocks to add LUNR to their portfolio. However, before making any hasty decision, it would be prudent to take a look at how the company has performed at the bourses so far this year, the stock’s growth prospects as well as risks  to investing in the same. The idea is to help inves","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU1244550577.SGD":"FTIF - Franklin Global Multi-Asset Income A (Mdis) SGD-H1","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LUNR":"Intuitive Machines","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LUNRW":"INTUITIVE MACHINES INC C/WTS 13/02/2028(TO PUR COM)","BK4516":"特朗普概念","BK4564":"太空概念","BK4187":"航天航空与国防","LMT":"洛克希德马丁","BK4585":"ETF&股票定投概念","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","TDG":"TransDigm","BK4588":"碎股","BK4550":"红杉资本持仓","LDOS":"Leidos Holdings Inc","BK4123":"调查和咨询服务","LU1244550221.USD":"FRANKLIN GLOBAL MULTI-ASSET  INCOME \"A\" (USDHEDGED) INC (M)"},"translate_title":"Intuitive Machine促进增长的新政：是时候购买LUNR股票了？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TDG":1,"LUNR":1,"LDOS":1,"LMT":1,"LUNRW":0.9},"content_text":"Intuitive Machine Inc. LUNR has been collaborating with commercial companies and research centers to enhance its footprint in the rapidly growing space exploration industry, particularly in the cislunar space.  Keeping up with this trend, LUNR recently joined forces with the Johns Hopkins University Applied Physics Laboratory (“APL”) to promote safe, secure, and reliable communications and navigation around the Moon. \nThe collaboration is aimed at advancing U.S. hardware applications, supporting NASA’s Artemis program, and developing scalable, subscription-based data transmission services, which, in turn, should strengthen Intuitive Machines' dominance in the cislunar space.\nThis might lure investors interested in space stocks to add LUNR to their portfolio. However, before making any hasty decision, it would be prudent to take a look at how the company has performed at the bourses so far this year, the stock’s growth prospects as well as risks (if any) to investing in the same. The idea is to help investors make a more insightful decision.\nLUNR Stock Outperforms Industry, Sector & S&P 500\nIntuitive Machines’ shares have surged a massive 453.8% in the year-to-date period against the Zacks Aerospace-Defense industry’s decline of 8.9%. It has also outperformed the broader Zacks Aerospace sector’s growth of 0.3% as well as the S&P 500’s surge of 27.1% in the same period.\nImage Source: Zacks Investment Research\nOther defense players such as Leidos Holdings LDOS, TransDigm Group TDG and Lockheed Martin LMT have also delivered a stellar performance, with their shares surging 51.7%, 24.4% and 14.1%, respectively, year to date.\nWhat Pushed LUNR Stock Up?\nIntuitive Machines has been securing notable contracts recently, leveraging its expertise in manufacturing space products and services to support sustained robotic and human exploration to the Moon.\nEvidently, in September 2024, LUNR won a $4.82 billion contract from NASA for communication and navigation services for missions in the near space region, which extends from Earth’s surface to beyond the Moon. In August, the company clinched a $116.9 million NASA contract to deliver six science and technology payloads, including one European Space Agency-led drill suite, to the Moon’s South Pole. These demonstrate the achievements of LUNR in capitalizing on the growth opportunities of the expanding commercial lunar economy, which, in turn, must have boosted its share price so far this year.\nWill LUNR Stock Continue to Grow?\nIntuitive Machines’ growth prospects in the space exploration industry remain solid, considering the immense investments made by both the U.S. government and private companies in space. To this end, it is imperative to mention that the space economy is expected to reach a value worth $1.8 trillion by 2035, as per a report by the World Economic Forum, published in April 2024. \nWith America being one of the primary nations spearheading the growth of the global space economy, companies like LUNR should be encouraged to innovate more advanced lunar infrastructural products. Here, it is important to mention that LUNR’s largest lander, the Nova-M, is currently under development and is expected to carry approximately 5,000-7,500 kilograms of payload to the lunar surface. Once this product comes to market, we may expect LUNR to generate solid revenues from it. \nMoreover, the company ended the third quarter of 2024 with a solid backlog of $316.2 million, which improved sequentially from $213 million. Such solid backlog growth further indicates solid revenue generation prospects for Intuitive Machines, which, in turn, should help generate notable earnings growth. \nA sneak peek at its estimates mirrors a similar picture.\nUpbeat Earnings Estimates for LUNR\nThe Zacks Consensus Estimate for LUNR’s fourth-quarter revenues implies a solid improvement of 87.8% from the prior-year quarter’s level, while that for 2024 indicates 189.5% growth year over year. \nThe estimated figure for 2025 also indicates a similar picture. Moreover, the upward revision in its fourth-quarter 2024 and first-quarter 2025 earnings estimates indicates analysts’ improving confidence in the company’s bottom-line growth.\nImage Source: Zacks Investment Research\nImage Source: Zacks Investment Research\nStrong Prospects Justify LUNR Stock’s Premium Valuation\nLUNR stock is not at all cheap, as its Value Score of F suggests a stretched valuation at this moment.\nIn terms of valuation, LUNR’s forward 12-month price-to-sales (P/S) is 6.35X, a premium to its peer group’s average of 4.64X. This suggests that investors will be paying a higher price than the company's expected sales growth compared to that of its peers. The company’s forward P/S also looks stretched when compared to the median of its one-year range, 2.57.\nLUNR’s Price/Sales Ratio (F12M)\nImage Source: Zacks Investment Research\nNevertheless, the strong growth prospect justifies Intuitive Machine’s premium valuation.\nRisks to Consider Before Selecting LUNR\nDespite the aforementioned growth opportunities, LUNR currently faces certain challenges, which one should consider before investing in the stock. One such challenge is that the company is still in the preliminary stages of developing its full space infrastructure. If it fails to demonstrate the reliability of its products and services through a successful lunar landing or delays completing specific space missions, its results of operations might suffer.\nMoreover, the company faces industry-specific headwinds like the shortage of skilled labor, which might lead to a failure in finishing its products in the scheduled time. This might hurt its revenues.\nFinal Thoughts\nTo conclude, investors may consider adding LUNR stock to their portfolio, considering its robust share price performance, solid revenue growth prospects, upward revision in earnings estimate and solid liquidity evident from the massive 170.6% sequential improvement witnessed in its cash balance as of Sept. 30, 2024.\nThe company’s current Zacks Rank #2 (Buy) further supports our thesis. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nLockheed Martin Corporation (LMT) : Free Stock Analysis Report\nTransdigm Group Incorporated (TDG) : Free Stock Analysis Report\nLeidos Holdings, Inc. (LDOS) : Free Stock Analysis Report\nIntuitive Machines, Inc. (LUNR) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2489612829"}