LUNR
Intuitive Machines, Inc.

Intuitive Machines, Inc.LUNR

Industrials · Aerospace & Defense
16.24USD
+3.31%
Sep 23, 2026
LUNR overview ready
Direct Lunar Payload Delivery and Cislunar Communications Infrastructure Provider
Intuitive Machines is a direct lunar-infrastructure provider: it operates lunar payload-delivery missions, develops lunar and cislunar data-relay/navigation capabilities, and provides spacecraft, mission operations, and related infrastructure services for civil-space customers.
Narrative not measured
Commercial Lunar Infrastructure BuildoutCommercial Lunar Delivery and Cislunar Communications InfrastructureInfrastructure supplier
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
Fair valuation
The price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.
Solid fundamentals
Ev / sales is strong.
Primary risk
Dependence on government contracts and funding.
Market Sep 22Filing Jun 30Price action Sep 22Research Aug 9

Conviction Level

NarrativeHeat—ThemeHeat7.6PriceAction6.3Valuation5.9CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of failed reclaim.
The tactical setup reads failed reclaim, but the weekly structure is broken.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA200 aligned with support at the weekly SMA100. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$1.4B
Avg Volume (60D)
8.8M
60 sessions
Revenue Growth YoY
-9.2%
FY2025 vs FY2024
Gross Margin
+16.3%
Operating Margin
-28.0%
Trailing twelve months
Free Cash Flow Yield
-13.7%
Distance from 200DMA
-19.2%
Next Earnings
2026-11-10
P/E
N/M
EV / Sales
2.8x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

The available comparisons disagreed; the peers comparison is the more reliable method for this business and the others are published as dissent.
Intuitive Machines, Inc. has a Fair valuation stance because the price broadly reflects the strength of its balance sheet, with upside and risk reasonably balanced.

What changed

  • LUNR rose 12.9% in one session
    LUNR closed +12.9% against a broad market that moved +1.6%.
    2026-09-21

Company Research

Thesis
Intuitive Machines is a direct lunar-infrastructure provider: it operates lunar payload-delivery missions, develops lunar and cislunar data-relay/navigation capabilities, and provides spacecraft, mission operations, and related infrastructure services for civil-space customers.
Opportunity
High opportunity
Government-led and increasingly commercial spending on repeatable lunar cargo delivery, orbital relay, navigation, communications, and surface-support infrastructure needed to establish sustained lunar operations.
Key risk
Dependence on government contracts and funding.

Narrative & Theme

Commercial Lunar Infrastructure Buildout
Part of Commercial Lunar Delivery and Cislunar Communications Infrastructure, with strong fit.
LUNR's primary economic exposure is more specifically commercial lunar infrastructure than the promoted National Security Space Systems narrative.
Narrative HeatCooling4.2 / 10
This reading is no longer current (last measured 2026-09-04). It is kept until the next scheduled measurement replaces it.
Theme HeatHeating up7.6 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Industrials · Aerospace & Defense
What they do

Intuitive Machines, Inc. operates as a space infrastructure and services company providing transportation and delivery of payloads to space destinations, data transmission services, and infrastructure solutions for navigation and communication in space.

How it earns

Primarily project-based revenue from contracts for payload delivery, data services, and infrastructure solutions.

Products & services
Payload transportation and delivery services
Space-based data transmission and processing
Infrastructure as a service for navigation and communication
Customers & end markets
Government space agencies
Commercial satellite operators
Scientific research organizations
Market position

Niche player focused on lunar and space infrastructure services within the aerospace and defense sector.

Demand drivers
High cyclicality

Dependent on government and commercial space program funding cycles and technological development timelines.