Intuitive Machines, Inc. Class A (LUNR)

Intuitive Machines completed an $800 million acquisition of Lanteris Space Systems, financed with cash and stock. They secured a $250 million loan extension with ING Belgium and Lanteris Space. The stock experienced a 7.7% drop following insider selling. The stock has seen significant short-term returns, with a 59.5% return over 30 days and 51.65% over 90 days as of January 5, 2026. However, its one-year total shareholder return declined by 17.83% as of the same date. Analysts have issued various price targets, with a median target of $20.00 in the last six months.

Specific demand seasonality data is not readily available. Demand is primarily driven by project-based mission schedules and contractual obligations, particularly with government entities like NASA, rather than traditional seasonal consumer patterns.

Intuitive Machines specializes in end-to-end solutions for robotic missions to the Moon, focusing on delivery, data transmission, and infrastructure services. Key products include Nova-C lunar landers, Micro-Nova propulsive drones, and Nova-D for transporting payloads and infrastructure. The company develops spacecraft systems, navigation systems, mission software, and ground stations. Intuitive Machines holds NASA contracts under the CLPS initiative and is selected to advance Lunar Terrain Vehicle capabilities.

Intuitive Machines is headquartered in Houston, Texas, and primarily serves North American government agencies and commercial partners.

Intuitive Machines' brand reputation has been enhanced by the successful southernmost lunar landing in February 2024, marking the first American spacecraft to land on the Moon since the Apollo Program. The acquisition of Lanteris Space Systems strengthens its position as a vertically integrated space prime contractor. The company reported a record backlog of $328.3 million in March 2025, indicating strong demand.

Intuitive Machines has significant institutional ownership, with major shareholders including BlackRock, Inc., State Street Corp, and Vanguard Group Inc. Kamal Seyed Ghaffarian is the largest individual shareholder, owning 20.09% of the company.