Intuitive Machines slips after Q2 revenue miss, wider-than-expected loss
LUNR•Outlook and peer moves
The company said it sees full-year 2026 revenue of $900 million to $1 billion.
Nine out of 11 brokerages rate the stock "buy" or higher, and their median price target is $43, according to LSEG-compiled data.
Shares of other space firms also fell: Planet Labs PL.N dropped 1.5%, Satellogic SATL.O fell 2%, and Virgin Galactic SPCE.N was down 10% after its second-quarter results.
Shares fall after quarterly miss
Space technology firm Intuitive Machines shares fell 9.4% to $15.35 in premarket trading after the company reported second-quarter revenue and profit results that missed estimates.
- LUNR posted Q2 revenue of $206.17 million, missing estimates of $216.33 million based on LSEG-compiled data.
- It also reported a wider-than-expected quarterly net loss of $62.84 million versus estimates of $13.19 million.
- Up to the previous day's close, the stock was up .
