Intuitive Machines Stock: Knocked Over But Not Out

2025-03-07 18:53:49 ET

Summary

• Intuitive Machines, Inc. stock is crashing, down 70% from recent highs.
• The company's IM-2 mission ended in failure after the lander tipped over, the same fate suffered by IM-1.
• While short-term volatility should be expected, I think the long-term outlook for LUNR stock remains intact.

Intuitive Machines, Inc. ( LUNR ) stock has been having a rough go of it lately as a broader market sell-off knocked the stock from all-time highs, which was shortly followed by an operational failure that has pushed the price down even further. While the company's backlog and prospects remain strong, many of the awarded contracts are predicated on achieving certain milestones that investors appear worried the company might not be able to achieve. I still think LUNR has potential upside long-term and that selling at current prices might be premature, but volatility and mission failures were and will continue to be, risks that investors should keep in mind....

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