Intuitive Machines reported Q2 financial results that missed analyst expectations for both revenue and EPS. Despite the miss, the company affirmed its full-year revenue guidance, and two analysts revised their price targets, with one upgrading the stock.
Intuitive Machines (LUNR) reported Q2 revenue of $206.17 million, missing the $220.76 million estimate, and a GAAP diluted loss per share of 29 cents, worse than the estimated 7-cent loss. This indicates a short-term operational underperformance. However, the company affirmed its full-year revenue guidance of $900 million to $1 billion, which is a positive signal for long-term stability and growth, and the CEO highlighted strong bookings and backlog. The pre-market stock gain of 5.3% suggests that investors may be focusing on the reaffirmed guidance and positive commentary rather than the Q2 miss, or that the miss was already priced in. The analyst revisions, with one upgrade and both lowering price targets, reflect a recalibration of expectations but still maintain a generally positive outlook (Buy/Overweight ratings).