There is little time left for Intuitive Machines Inc (LUNR) to reach its 1-year target estimate. How soon will it surpass it?

Intuitive Machines Inc (NASDAQ:LUNR) shares traded 2.40% higher at $19.62 on Wall Street last session.

LUNR stock price is now 10.53% away from the 50-day moving average and 114.25% away from the 200-day moving average. The market capitalization of the company currently stands at $1.77B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

With the price target of $16, BofA Securities recently initiated with Underperform rating for Intuitive Machines Inc (NASDAQ: LUNR). On June 28, 2024, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $8, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’

In other news, Vontur Steven, insider sold 4,528 shares of the company’s stock on Feb 11 ’25. The stock was sold for $88,749 at an average price of $19.60. Upon completion of the transaction, the insider now directly owns 104,272 shares in the company, valued at $2.05 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 11 ’25, Officer Vontur Steven bought 4,528 shares of the business’s stock. A total of $88,749 was incurred on buying the stock at an average price of $19.60. A total of 10.57% of the company’s stock is owned by insiders.

During the past 12 months, Intuitive Machines Inc has had a low of $3.15 and a high of $24.95. The fifty day moving average price for LUNR is $17.751 and a two-hundred day moving average price translates $9.157525 for the stock.

The latest earnings results from Intuitive Machines Inc (NASDAQ: LUNR) was released for 2024-09-30. The company reported revenue of $58.48 million for the quarter, compared to $12.73 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 359.34 percent.

Related Posts