Intuitive Machines Co., Ltd. 
Runle The stock trended and was volatile on social media on Thursday, when the company announced fourth-quarter results. Let's take a look at the details here.
detail:
The company had quarterly revenue of $30.56 million, beating analysts' consensus estimates of $22.2 million by 37.66%.
Intuitive Machines highlighted its offering. NASA It delivered a commercial payload to the moon and marked the first U.S. lunar landing in more than 50 years. The company announced that it received approximately $12.5 million in mission completion milestone payments from NASA and commercial customers following the moon mission.
“Exactly one year after going public, Intuitive Machines launched the IM-1 mission, which successfully landed one week later on February 22, 2024, marking the United States' first moon landing in more than 50 years. White “This successful landing, recognized by the House of Representatives, NASA, and our customers, fundamentally disrupted the economics of lunar landings while significantly reducing the development costs of lunar landing programs.” Stated. Steve Altemus.
related news: Stock price has fallen by 5 shares since the 4th quarter results: The reason is as follows
LUNR stock price prediction 2024
Stock research is a valuable source of information about a company's fundamentals. Analysts create financial models to arrive at stock price targets and recommendations based on a company's fundamentals and expected future earnings.
Share of Intuitive Machine Runle The average one-year price target is $12.40, with an expected upside of 126.48%.
Differences in assumptions can cause analysts to arrive at very different price targets and recommendations. No analyst(s) have a bearish recommendation on Intuitive Machines, while 5 analysts give a bullish rating to the stock. Cantor Fitzgerald has a high price target of $13 and a benchmark price target of $10.
LUNR price action: According to Benzinga Pro, Intuitive Machines stock is roughly flat as of this article's publication.
Photo: Provided by Intuitive Machines, Inc.
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