$LUNR

U.S. stock futures fluctuated overnight following President Trump's warning to Iran, impacting oil prices. The S&P 500 gained 3.4% last week. Key stocks in focus include ASTS, VELO, MRVL, LUNR, and FCEL due to recent developments. Oil prices rose, potentially affecting inflation and Fed policy.

U.S. stock futures were mixed early Thursday due to geopolitical tensions and upcoming labor data. Broadcom (AVGO) fell 12% despite a raised price target, CrowdStrike (CRWD) dropped 10% despite strong earnings, and Taiwan Semiconductor (TSM) maintained its growth forecast. Nvidia (NVDA) underperformed its sector, and MicroStrategy (MSTR) faced pressure after a Bitcoin sale. SpaceX plans a $75B IPO, and several companies reported earnings.

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.

SpaceX (SPCX) reclaimed a $2 trillion valuation, rising 6% this week, while other space stocks like AST SpaceMobile (ASTS), Rocket Lab (RKLB), and Planet Labs (PL) saw mixed performance. Oppenheimer raised SpaceX's price target to $280, citing its AI and orbital-computing ambitions. AST SpaceMobile received a 'Buy' rating and $92 target from Berenberg, highlighting its cellular broadband capabilities. Rocket Lab also got a 'Buy' rating and $83 target, with Berenberg noting its end-to-end space s

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.

Planet Labs (PL) fell 8% despite a new 7-figure European defense contract, as the deal was smaller than prior awards. Intuitive Machines (LUNR) dropped 2%, and AST SpaceMobile (ASTS) slid 1%. Berenberg initiated coverage of all three with Buy ratings. Planet Labs is set to report earnings, with defensive options activity suggesting volatility.

Intuitive Machines (LUNR) secured a contract for two IM 300 spacecraft platforms, expanding its customer base. The stock is down 11.33% in the past week but up 69% over a year. Analysts debate its valuation, with some estimating a fair value of $23.00, while others suggest it's overvalued. The company has a $943M backlog and aims for positive Adjusted EBITDA in 2026.

BofA raised Voyager Space's (VOYG) target by 30%, citing strong reservations for its Starlab space station. It also adjusted targets for RKLB, RDW, and LUNR, maintaining 'Buy' for RKLB and 'Underperform' for others. Retail sentiment on Stocktwits was bearish. Over a year, LUNR gained 75%, RKLB 32%, ASTS 21%, VOYG 10%, while SPCX fell 11%.

AST SpaceMobile (ASTS), Rocket Lab (RKLB), Intuitive Machines (LUNR), and Firefly Aerospace (FLY) saw varied August gains. Elon Musk supported Trump's U.S. Space Academy plan, aiming to train space professionals. Trump also targeted 1,000 U.S. space launches annually by 2030. ASTS, RKLB, LUNR, and FLY are positioned to benefit from increased U.S. space initiatives.

Yuri Khodjamirian of Tema Space Innovators ETF (NASA) favors Rocket Lab (RKLB), Intuitive Machines (LUNR), Planet Labs (PL), and AST SpaceMobile (ASTS) over legacy aerospace firms like Boeing (BA) and Lockheed Martin (LMT). He cites innovation and commercial-driven growth. On Friday, LUNR rose 7%, ASTS gained 3.57%, RKLB increased 2%, and PL rose 1.29%, while BA and LMT fell 1% and 1.65% respectively. NASA ETF gained 0.32%, up nearly 20% since its debut.