Intuitive Machines (NASDAQ:LUNR) Downgraded to Strong Sell Rating by Wall Street Zen

Wall Street Zen cut shares of Intuitive Machines (NASDAQ:LUNR) from a sell rating to a strong sell rating in a research note issued to investors on Saturday morning.

A number of other brokerages have also weighed in on LUNR. Roth Mkm boosted their target price on shares of Intuitive Machines from $25.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Intuitive Machines in a research note on Tuesday, April 21st. Canaccord Genuity Group boosted their target price on shares of Intuitive Machines from $24.00 to $41.00 and gave the company a “buy” rating in a research note on Friday. B. Riley Financial boosted their price objective on shares of Intuitive Machines to $45.00 and gave the company a “buy” rating in a research report on Friday. Finally, Stifel Nicolaus set a $32.00 price objective on shares of Intuitive Machines in a research report on Friday. Eight analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $26.75.

Intuitive Machines Trading Down 7.2%

Shares of LUNR opened at $33.89 on Friday. The firm has a market cap of $7.35 billion, a PE ratio of -38.51 and a beta of 1.47. The firm has a fifty day simple moving average of $23.41 and a two-hundred day simple moving average of $17.83. Intuitive Machines has a 1-year low of $7.78 and a 1-year high of $37.85.

Intuitive Machines (NASDAQ:LUNR) last announced its earnings results on Thursday, May 14th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.18). The business had revenue of $186.73 million for the quarter, compared to analyst estimates of $202.95 million. As a group, research analysts forecast that Intuitive Machines will post -0.04 EPS for the current fiscal year.

Insider Buying and Selling at Intuitive Machines

In other news, Director Kamal Seyed Ghaffarian sold 141,909 shares of the business’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $25.14, for a total transaction of $3,567,592.26. Following the completion of the sale, the director owned 3,494,768 shares of the company’s stock, valued at $87,858,467.52. The trade was a 3.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Stephen J. Altemus sold 13,751 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $23.61, for a total transaction of $324,661.11. Following the sale, the chief executive officer directly owned 1,162,495 shares of the company’s stock, valued at approximately $27,446,506.95. The trade was a 1.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 906,297 shares of company stock worth $19,922,455. 54.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in Intuitive Machines in the 4th quarter worth $28,000. State of Wyoming bought a new position in Intuitive Machines in the 1st quarter worth $39,000. Larson Financial Group LLC boosted its holdings in Intuitive Machines by 63.2% in the 4th quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock worth $43,000 after buying an additional 1,016 shares during the period. GAMMA Investing LLC boosted its holdings in Intuitive Machines by 41.5% in the 4th quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock worth $43,000 after buying an additional 781 shares during the period. Finally, PNC Financial Services Group Inc. boosted its holdings in Intuitive Machines by 34.2% in the 1st quarter. PNC Financial Services Group Inc. now owns 2,793 shares of the company’s stock worth $52,000 after buying an additional 712 shares during the period. Institutional investors own 72.21% of the company’s stock.

Key Headlines Impacting Intuitive Machines

Here are the key news stories impacting Intuitive Machines this week:

• Positive Sentiment: Canaccord raised its price target to $41, reinforcing a bullish outlook tied to Intuitive Machines’ role in NASA lunar infrastructure and potential defense-related opportunities. Canaccord Just Hiked Intuitive Machines Price Target to $41: NASA Moon Base, Golden Dome Power Bull Case
• Positive Sentiment: The company secured a U.S. Space Force surveillance contract, adding another government-backed revenue stream and strengthening the investment case for its space-infrastructure business. Intuitive Machines stock gains on securing US Space Force surveillance contract
• Positive Sentiment: Management reported record quarterly revenue, gross margin improvement, positive adjusted EBITDA, and a record backlog, signaling meaningful business momentum despite the headline earnings miss. Intuitive Machines Reports First Quarter 2026 Financial Results; Posts Record Quarterly Revenue, Gross Margin, and Positive Adjusted EBITDA along with Record Quarter-end Backlog of $1.1 Billion
• Positive Sentiment: The planned Goonhilly Earth Station and COMSAT acquisition could expand the company’s space-to-Earth communications network and deepen its lunar communications capabilities. Intuitive Machines to Acquire Goonhilly Earth Station and COMSAT
• Neutral Sentiment: Analyst commentary and comparisons with peers have kept attention on LUNR’s long-term space-infrastructure potential, but these pieces are mainly sentiment-driven rather than new fundamentals. Better Space Stock: Firefly Aerospace vs. Intuitive Machines
• Negative Sentiment: Q1 earnings were still below expectations, with EPS and revenue both missing estimates, reminding investors that the company is not yet consistently meeting Wall Street targets. Intuitive Machines Inc (LUNR) Q1 2026 Earnings Call Highlights: Record Revenue and Strategic …

About Intuitive Machines

Intuitive Machines is a Houston, Texas–based aerospace company specializing in commercial lunar exploration and services. The firm develops end-to-end solutions for robotic missions to the Moon, providing spacecraft design, mission management, navigation, communications, and data services under NASA’s Commercial Lunar Payload Services (CLPS) program.

Founded in 2013 by aerospace engineers Steve Altemus, Tim Crain and Kris Kimel, Intuitive Machines has grown from a small startup into one of the leading private entities pursuing lunar surface deliveries.