$Intuitive Machines(LUNR)$ π₯πππΊπ
πΊπ ±ππ »π »π Έππ ·πΊ
I opened positions earlier in Overnight trading at $7.21 ~ I woke up late to join in the fun in Open market and my entire portfolio was green πβ π’β£οΈI'm up πΊnearly 6% within a few hours on a short term swing. Target π― $10 + . πPlease like this post and follow me for more winning trades!
Source: Benzinga - ποΈ ποΈ π A MUST BUY SMALL CAP STOCK!
Intuitive Machines has had an outstanding year, with its stock surging 187% TD. The company focuses on space systems and infrastructure, specializing in enabling scientific exploration and the sustainable utilization of lunar resources to support human presence on the moon.
September was a standout month for LUNR, as its share price jumped from $6 to nearly $10 after securing a significant contract with NASA. On September 17, NASA awarded Intuitive Machines a Near Space Network contract, potentially worth up to $4.82 services for NASA's Artemis campaign.
billion over the next decade. This deal includes deploying lunar relay satellites and providing vital communication and navigation Looking ahead, the company's IM-2 mission, set for January 2025, will deliver an ice drill and mass spectrometer to study lunar ice. Although analysts forecast $371 million in revenue next year, they don't expect profitability until at least 2026, making LUNR a speculative investment suitable for those with a high-risk tolerance.
@Tiger_comments @TigerWire @TigerStars @TigerPicks @Daily_Discussion @TigerPM @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Please find the analysis of Intuitive Machines (LUNR) below:
Business and Industry: Intuitive Machines is a company that specializes in space systems and infrastructure, with a focus on enabling scientific exploration and the sustainable utilization of lunar resources to support human presence on the moon. The company has had an outstanding year, experiencing a surge in its stock price of 187% year-to-date (TD). They recently secured a significant contract with NASA, which contributed to the increase in their share price.
Earnings Forecast: Analysts forecast that Intuitive Machines will generate $371 million in revenue next year. However, profitability is not expected until at least 2026. For the fiscal year 2024, the forecasted earnings per share (EPS) is -$1.67. In 2025, the EPS is expected to be -$0.15, and in 2026, it is forecasted to be $0.24. The gross income for 2024 is estimated to be $222.92 million, increasing to $370.60 million in 2025, and $480.10 million in 2026.
Analyst Recommendation and Target Price: According to the analyst consensus, there are 5 buy recommendations for LUNR. The mean target price estimated by analysts is $10.6, with a low estimate of $10.0 and a high estimate of $12.0. This indicates potential upside for the stock.
Capital Flow: The capital flow data for the past 5 days shows fluctuations in the fund flows. On 10-04, there was a net inflow of 189.24K units, followed by a net outflow of -2513.74K units on 10-07, a net inflow of 827.41K units on 10-08, a net outflow of -3065.63K units on 10-09, and a net inflow of 1511.7K units on 10-10.
Support and Resistance Price: The support price of LUNR on 2024-10-10 was $4.53, while the resistance price was $9.03.
Average Cost: The average cost of LUNR on 2024-10-10 was $7.11.
Earnings Results: In the second quarter of 2024, LUNR reported an EPS of $0.33 and a net profit margin of 36.69%. Other financial ratios such as return on investment and net assets per share are not available.
Based on the provided information, it seems that Intuitive Machines has strong growth potential in the space systems and infrastructure industry. However, it should be noted that profitability is not expected until at least 2026. The analyst consensus and target price suggest a positive outlook for the stock. However, it is important to remember that investing in speculative stocks like LUNR carries a high-risk tolerance.
Please be aware that the above analysis is for informational purposes only and should not be considered as investment advice. Investing in the stock market involves risks, and it is essential to conduct thorough research and consider your own risk tolerance before making any investment decisions.
Congrats BC, top of the trades morning for you! ππππ°π°π°ππππ»π»π»
Congratulations BC! β β β π€π€π€
Thanks BC, I opened positions! Go $Intuitive Machines(LUNR)$ πππππππππ
An affordable stock BC! Thanks! I'll have a look on Monday.
Congrats BC β€οΈ