Backlog Boom Pushes Stifel to Upgrade Intuitive Machines to Buy
Backlog hits $1.76B (4.5x book-to-bill), implying ~48% upside despite Q2 miss.
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Intuitive Machines Quadruples Revenue but Misses Estimates as Backlog Hits Record
Intuitive Machines reported $206.2M Q2 revenue (up 4x YoY) but missed $216–221M estimates. Wider $0.29/share loss and negative Adjusted EBITDA fell short of forecasts.
Intuitive Machines Selected by L3Harris to Build 18 Spacecraft for SDA Missile Defense
Intuitive Machines will design, build & deliver 18 IM 300 spacecraft platforms for L3Harris’ SDA Accelerated Missile Defense Tranche 3 (AMDT3) supporting Golden Dome.
NASA Awards Nearly $600 Million in Lunar Lander Contracts to Three Companies
NASA has awarded nearly $600 million to Astrobotic, Firefly Aerospace, and Intuitive Machines for new uncrewed lunar landers in 2028 under the CLPS program to support the Artemis Moon Base.
Explosion at Blue Origin Leaves Amazon, AST SpaceMobile, and Space Stocks Reeling
Blue Origin’s New Glenn rocket burst into flames during a test, delaying Amazon’s satellite plans and AST SpaceMobile’s launch schedule. Space stocks drop sharply.
Clear Street Calls Intuitive Dip a Buying Opportunity – Still Top Pick for 2026
Intuitive Machines fell 9% after NASA rover awards, but analysts stay bullish with a $44 target and see a buying chance.