12-Month Price Target For Intuitive Machines Inc (NASDAQ:LUNR) Now Sits At 11

In last trading session, Intuitive Machines Inc (NASDAQ:LUNR) saw 1.23 million shares changing hands with its beta currently measuring 0.24. Company’s recent per share price level of $4.19 trading at -$0.06 or -1.41% at ring of the bell on the day assigns it a market valuation of $225.09M. That closing price of LUNR’s stock is at a discount of -216.23% from its 52-week high price of $13.25 and is indicating a premium of 50.12% from its 52-week low price of $2.09. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.88 million shares which gives us an average trading volume of 2.54 million if we extend that period to 3-months.

For Intuitive Machines Inc (LUNR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Intuitive Machines Inc (NASDAQ:LUNR) trade information

Upright in the red during last session for losing -1.41%, in the last five days LUNR remained trading in the red while hitting it’s week-highest on Thursday, 07/18/24 when the stock touched $4.19 price level, adding 4.77% to its value on the day. Intuitive Machines Inc’s shares saw a change of 63.99% in year-to-date performance and have moved -0.24% in past 5-day. Intuitive Machines Inc (NASDAQ:LUNR) showed a performance of 16.07% in past 30-days. Number of shares sold short was 6.02 million shares which calculate 2.24 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 58.1% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 11. It follows that stock’s current price would drop -90.93% in reaching the projected high whereas dropping to the targeted low would mean a loss of -90.93% for stock’s current value.

Intuitive Machines Inc (LUNR) estimates and forecasts

Statistics highlight that Intuitive Machines Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 51.26% of value to its shares in past 6 months, showing an annual growth rate of -195.95% while that of industry is 15.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

LUNR Dividends

Intuitive Machines Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Intuitive Machines Inc (NASDAQ:LUNR)’s Major holders

Insiders are in possession of 14.50% of company’s total shares while institution are holding 22.31 percent of that, with stock having share float percentage of 26.10%. Investors also watch the number of corporate investors in a company very closely, which is 22.31% institutions for Intuitive Machines Inc that are currently holding shares of the company.