Intuitive Machines (NASDAQ:LUNR) Shares Gap Up – Should You Buy?

Posted by Brenda Bartman on Jun 29th, 2026

Shares of Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $19.79, but opened at $20.94. Intuitive Machines shares last traded at $20.1730, with a volume of 1,870,127 shares traded.

Wall Street Analysts Forecast Growth

LUNR has been the topic of a number of research analyst reports. Cantor Fitzgerald boosted their price target on Intuitive Machines from $26.00 to $43.00 and gave the stock an “overweight” rating in a research note on Tuesday, May 19th. Zacks Research lowered shares of Intuitive Machines from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $34.00 price target on shares of Intuitive Machines in a research report on Wednesday, May 20th. Roth Mkm increased their price objective on Intuitive Machines from $25.00 to $35.00 and gave the company a “buy” rating in a report on Friday, April 17th. Finally, KeyCorp lifted their target price on Intuitive Machines from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Wednesday, April 29th. Eight equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $31.50.

View Our Latest Stock Report on Intuitive Machines

Intuitive Machines Stock Performance

The stock has a market cap of $4.41 billion, a price-to-earnings ratio of -23.07 and a beta of 1.68. The business’s 50 day moving average is $29.56 and its 200-day moving average is $22.16.

Intuitive Machines (NASDAQ:LUNR – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.18). The firm had revenue of $186.73 million for the quarter, compared to analyst estimates of $202.95 million. Sell-side analysts anticipate that Intuitive Machines, Inc. will post -0.36 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Stephen J. Altemus sold 13,751 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $23.61, for a total transaction of $324,661.11. Following the transaction, the chief executive officer directly owned 1,162,495 shares in the company, valued at $27,446,506.95. The trade was a 1.17% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kamal Seyed Ghaffarian sold 141,909 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $39.02, for a total value of $5,537,289.18. Following the completion of the sale, the director owned 3,494,768 shares of the company’s stock, valued at $136,365,847.36. This trade represents a 3.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,066,527 shares of company stock worth $29,896,194. 54.10% of the stock is currently owned by insiders.

Institutional Trading of Intuitive Machines

Hedge funds and other institutional investors have recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in shares of Intuitive Machines during the 4th quarter worth $28,000. State of Wyoming acquired a new position in shares of Intuitive Machines during the 1st quarter valued at about $39,000. Larson Financial Group LLC boosted its position in shares of Intuitive Machines by 63.2% during the 4th quarter. Larson Financial Group LLC now owns 2,623 shares of the company’s stock valued at $43,000 after acquiring an additional 1,016 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Intuitive Machines by 41.5% in the fourth quarter. GAMMA Investing LLC now owns 2,661 shares of the company’s stock valued at $43,000 after purchasing an additional 781 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Intuitive Machines by 34.2% in the first quarter. PNC Financial Services Group Inc. now owns 2,793 shares of the company’s stock valued at $52,000 after purchasing an additional 712 shares during the period. 72.21% of the stock is owned by institutional investors and hedge funds.

About Intuitive Machines

(Get Free Report)

Intuitive Machines is a Houston, Texas–based aerospace company specializing in commercial lunar exploration and services. The firm develops end-to-end solutions for robotic missions to the Moon, providing spacecraft design, mission management, navigation, communications, and data services under NASA’s Commercial Lunar Payload Services (CLPS) program.

Founded in 2013 by aerospace engineers Steve Altemus, Tim Crain and Kris Kimel, Intuitive Machines has grown from a small startup into one of the leading private entities pursuing lunar surface deliveries.