Is Intuitive Machines Stock a Buy Now?
Intuitive Machines' (NASDAQ: LUNR) stock soared more than 20% to a two-month high on May 13 after it posted its latest earnings report. For the first quarter of 2025, the lunar exploration company's revenue fell 14% year over year to $62.5 million but still exceeded analysts' expectations by $3.1 million. Its operating loss widened from $2.8 million to $10.1 million, but it also cleared the consensus forecast for an operating loss of $11.2 million.
Intuitive Machines' numbers might not seem that impressive, but its recent achievements, fresh contracts, and bright guidance for the rest of the year brought back the bulls. Let's take a look at those three catalysts and see if investors should chase its post-earnings pop.
Image source: Getty Images.
Source Fool.com
