Vontur Steven sold $49K of LUNR

Intuitive Machines (LUNR) reported Q2 2026 revenue of $206.17M, up 310% YoY, and reiterated its FY26 guidance of $900M-$1B revenue with positive adjusted EBITDA. Analyst Austin Moeller maintained a Buy rating with a $39 price target, citing strong backlog growth and national security program expansion. Risks include backlog conversion timing and customer concentration.

Intuitive Machines (LUNR) reported Q2 2026 revenue of $206.2M, up 309.8% YoY but 5.9% below estimates. Gross margin improved to 17.4%, but operating loss widened to $47.1M. The company secured $920M in awards, including a $600M satellite contract. Management expects 25-30% of the $1.8B backlog to convert to revenue in 2026, with challenges in contract timing and lunar mission costs affecting profitability.

U.S. President Trump's plan aims for 1,000+ U.S. space launches annually by 2030, benefiting SpaceX (SPCX), Rocket Lab (RKLB), AST SpaceMobile (ASTS), and Intuitive Machines (LUNR). The policy focuses on faster permitting, more launch sites, and private investment. SpaceX's Starship and Falcon 9, Rocket Lab's Electron and Neutron, AST's satellite constellation, and Intuitive Machines' lunar missions could all gain from this initiative. AST reported $31.5M Q2 revenue, and Intuitive Machines repor

Shares of AST SpaceMobile (ASTS), Intuitive Machines (LUNR), Firefly Aerospace (FLY), and EchoStar (SATS) rose in premarket trading after SpaceX's IPO filing highlighted the space economy's potential. SpaceX estimates a $28.5 trillion market opportunity, with significant gains in satellite broadband, AI, and connectivity. ASTS and SATS led premarket gains, with SpaceX targeting a $2 trillion valuation and a $75 billion IPO.

Intuitive Machines (LUNR) shares rose 16% this week, despite analysts cutting price targets. B. Riley lowered its target to $43, while Cantor Fitzgerald cut theirs to $32. Q2 revenue was $206.17M, below estimates, but the company reported a record $1.8B backlog and reaffirmed 2026 revenue guidance of $900M-$1B. CEO Steve Altemus called the quarter strong, citing unprecedented bookings.

Intuitive Machines (LUNR) shares rose 2% after securing two NASA contracts worth $20M for lunar imaging. The company will lead operations, data analysis, and mission support. LUNR's backlog reached $1.1B, with Q1 revenue at $186.7M, up from $62.5M YoY, but reported a loss of $0.25 per share. Retail sentiment is bullish, with the stock up 178% over 12 months.