Why Intuitive Machines Stock Is Soaring This Week
Shares of Intuitive Machines (NASDAQ: LUNR) are trading higher this week. The company's stock had gained 9.6% as of 1:14 p.m. ET on Friday. The jump comes as the S&P 500 and Nasdaq Composite both had one of their most chaotic weeks in years.
The lunar exploration company announced a deal this week with SpaceX to launch its fourth lunar mission.
Investors were pleased to hear the company chose SpaceX's Falcon 9 rocket as the launch system that will carry its fourth lunar delivery mission (IM-4). The rocket will be launched from Florida and carry data relay satellites crucial to NASA's Near Space Network Services contract.
"Lunar surface delivery and data relay satellites are central to our strategy to commercialize the Moon," said Intuitive Machines CEO Steve Altemus in the announcement. The shift to a payload of communication infrastructure shows that the company is evolving beyond one-off lunar landings toward establishing permanent lunar services. The network will operate on a "pay by the minute" model, creating a recurring revenue stream.
Two additional missions will complete the satellite network that will support both NASA's lunar ambitions and commercial operations.
Intuitive's most recent lunar mission wasn't a success. The company's lander touched down off course and tipped over, draining its batteries prematurely. Despite these setbacks, NASA has maintained confidence in the company, and the announcement today shows Intuitive knows the smart move is to diversify its mission capabilities.
Intuitive Machines still carries a great deal of risk given the uncertainties surrounding its execution and the viability of its business model, but the company continues to demonstrate significant potential. It's an intriguing option for investors with higher risk tolerance.
Before you buy stock in Intuitive Machines, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Intuitive Machines wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $496,779!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $659,306!*
Now, it's worth noting Stock Advisor's total average return is 787% — a market-crushing outperformance compared to 152% for the S&P 500. Don't miss out on the latest top 10 list, available when you join .
See the 10 stocks »
*Stock Advisor returns as of April 5, 2025
Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Why Intuitive Machines Stock Is Soaring This Week was originally published by The Motley Fool
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
27 minutes ago
- Forbes
Chewy Earnings To Deliver?
Chewy (NYSE:CHWY) is expected to release its earnings around June 11. Chewy offers food and supplies for a range of pets and is also involved in emerging pet industry sectors such as personalized products, pet insurance, and pet telehealth, with a market capitalization of $19 billion. Consensus forecasts indicate revenues near $3.08 billion for the quarter, reflecting an increase of approximately 7% compared to the previous year, while earnings are anticipated to be around $0.34 per share. This growth is likely fueled by an expanding customer base relative to last year, along with an increased adoption of Chewy's Autoship subscription service, which enables customers to arrange for regular deliveries of pet supplies. Over the past twelve months, revenue reached $12 billion, and the company was operationally profitable, generating $113 million in operating profits and a net income of $393 million. However, for those seeking upside potential with reduced volatility than individual stocks, the Trefis High Quality portfolio offers an alternative, having surpassed the S&P 500 and achieved returns exceeding 91% since its inception. See earnings reaction history of all stocks Here are some observations on one-day (1D) post-earnings returns: Additional information on observed 5-Day (5D) and 21-Day (21D) returns after earnings is compiled along with statistics in the table below. CHWY 1D, 5D, and 21D Post-Earnings Return Trefis A relatively lower-risk approach (though ineffective if the correlation is low) involves evaluating the correlation between short-term and medium-term returns following earnings, identifying a pair with the highest correlation, and executing the appropriate trade. For example, if 1D and 5D exhibit the strongest correlation, a trader can position themselves 'long' for the next 5 days assuming the 1D post-earnings return is positive. Below is some correlation data based on a 5-year and a 3-year (more recent) history. Note that the correlation 1D_5D refers to the relationship between 1D post-earnings returns and the subsequent 5D returns. Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000), delivering strong returns for investors. Additionally, if you desire upside with a smoother experience compared to an individual stock like Chewy, consider the High Quality portfolio, which has exceeded the S&P and achieved returns greater than 91% since inception.
Yahoo
30 minutes ago
- Yahoo
Wall Street futures edge up as investors await key jobs data
(Reuters) -U.S. stock index futures edged higher on Thursday as investors looked ahead to the monthly jobs report to gauge the impact of President Donald Trump's trade policies on the labor market and the Federal Reserve's interest rate trajectory. Following Wednesday's weaker-than-expected U.S. private jobs and services sector data, Friday's non-farm payrolls report will come under sharp scrutiny as investors fear that Trump's erratic trade policies will drive a slowdown in economic growth. The data comes ahead of the Fed's policy decision later this month, where policymakers are widely expected to hold interest rates. Traders currently see at least two rate cuts by the end of this year, as per pricing in money markets. Despite continued calls from Trump to slash interest rates, Fed Chair Jerome Powell has opted to stand pat so far, awaiting further data to help dictate the policy decision as tariff volatility prevails. On Wednesday, Washington's doubled tariffs on imported steel and aluminum came to effect and it also marked Trump's deadline for trading partners to make their best offers to avoid other punishing import levies from taking effect in early July. Investors focused on tariff negotiations between Washington and trading partners, with Trump and Chinese leader Xi Jinping expected to speak sometime this week as tensions simmer between the world's two biggest economies. U.S. equities rallied sharply in May, with investors boosting the S&P 500 index and the tech-heavy Nasdaq to their biggest monthly percentage gain since November 2023, thanks to a softening of Trump's harsh trade stance and upbeat earnings reports. The S&P 500 remains nearly 3% below record highs touched in February. Data scheduled for Thursday include initial jobless claims and international trade data at 08:30 a.m. ET. U.S. central bank officials including Fed Board Governor Adriana Kugler, Fed Kansas City President Jeffrey Schmid and Fed Philadelphia President Patrick Harker are scheduled to speak later in the day. At 5:53 a.m. ET, Dow E-minis were up 45 points, or 0.11%, S&P 500 E-minis were up 3 points, or 0.05%. Nasdaq 100 E-minis were up 10 points, or 0.05% Most megacap and growth stocks were mixed in premarket trading. Tesla fell 1.7%. Among early movers, shares of MongoDB jumped nearly 15% after the software company gave an upbeat annual forecast and reported quarterly results above estimates. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
34 minutes ago
- Yahoo
Too scared to shop? Why retail is a prime target for criminals
Harrods, Co-op, Marks & Spencer (M&S) and now Adidas have all experienced damaging cyber attacks in recent weeks, which have sent shock waves through the retail industry. M&S alone has warned of a £300 million ($405 million) hit on profits. The attack, which began over the Easter weekend, also wiped more than £750 million ($1 billion) off its market capitalization. On 30th April, the Co-op also fell victim, reporting a few days later that hackers had accessed a 'significant' amount of customer data. Then on 2nd May, Harrods also experienced a cyber attack, although in this instance, they managed to prevent any malicious intrusion. 101 Co-op Group rank on the Fortune 500 Europe In the M&S incident, third-party service provider Tata Consultancy Services (TCS) has reportedly launched an internal investigation to determine whether it was the gateway by which the hackers gained access. It all points to a vulnerability amongst retail businesses, despite the fact that the threat from cyber attacks has existed for many years. But why are retail businesses being targeted? 252 Marks & Spencer rank on the Fortune 500 Europe 'Retailers are prime targets for cybercriminals due to the vast amounts of personal, financial, and other sensitive data they manage. For malicious actors, access to this data is like gold dust: highly valuable and potentially extremely lucrative' Marc Rivero, Lead Security Researcher in the Global Research & Analysis Team at Kaspersky, told Fortune. On 27th May, Adidas became the latest victim of a cyber attack when it reported that, similar to M&S, hackers had accessed customer data through a third-party service provider. In the case of M&S, according to Vaibhav Chechani, a Mumbai-based analyst at brokerage Nirmal Bang, if the attack did originate from the Indian company, 'it will definitely impact their brand image'. TCS also works as a 'strategic partner' to Co-op. 'Retailers are prime targets for cybercriminals due to the vast amounts of personal, financial, and other sensitive data they manage…' Marc Rivero, Lead Security Researcher in the Global Research & Analysis Team, Kaspersky Rivero commented, 'As seen in the M&S attack, social engineering allows attackers to bypass sophisticated cybersecurity measures by exploiting human error. These 'human hacking' tactics manipulate users into clicking malicious links, disclosing sensitive information, or granting access to restricted systems'. 'Simply put, data opens doors. It enables fraud, fuels targeted phishing campaigns, and can even be leveraged to infiltrate other businesses within the supply chain. This makes retailers not just lucrative targets, but also strategically valuable within the broader digital ecosystem'. M&S CEO Stuart Machin confirmed this, blaming the attack on 'human error' rather than a weakness in its cybersecurity measures and added that, 'it is a moment in time, and we are now focused on recovery, with the aim of exiting this period a much stronger business. There is no change to our strategy and our longer-term plans to reshape M&S for growth, and if anything, the incident allows us to accelerate the pace of change as we draw a line and move on'. Despite this optimistic outlook, Retail Technology Magazine publisher and retail expert, Miya Knights, believes that other retailers could also be targeted, believing that those most vulnerable would be 'those that have a sizable business with large tier one scale turnover across many channels'. Speaking to Fortune, she added, 'Cybersecurity has been a basic requirement for as long as retailers have deployed IT and transacted online. But, just as e-commerce has become a major growth driver, safeguarding the digital systems they now rely on must become as core to their business as it is for financial services companies.' This should be the wake-up call that the retail industry needed in order to treat these threats in the same way as financial services institutions. Actions to combat the threat appear to be happening within the industry, with one prominent retail CTO saying that he is collaborating with several other retailers, including some direct competitors, to mitigate the risk of future cyber attacks. M&S CEO Stuart Machin [blamed] the attack on 'human error' rather than a weakness in its cybersecurity measures… According to Rivero, the retail sector is under mounting pressure from cyber groups persistently probing for vulnerabilities to access large volumes of data. He said that, 'Retailers must regularly reassess their cybersecurity strategies and continue to invest in robust defense mechanisms'. 'Retailers must adopt a multi-layered approach to cybersecurity, acknowledging that no single measure can provide complete protection. This approach should begin with staff education. Training employees to recognize phishing attempts and suspicious behavior is critical, with human error remaining one of the most common entry points for attackers', he continued. However, it's not all the responsibility of retailers, Rivero believes that to feel more secure, consumers should take a proactive approach to their digital safety. Regularly update passwords, enable multi-factor authentication where possible, remain cautious of suspicious messages or emails, and monitor financial activity closely, 'reporting any unusual behavior immediately', adding that, 'a cautious, informed approach remains the best line of defense'. His advice to retailers using third-party service providers: 'Adopt a proactive approach: regularly conducting thorough risk assessments of all vendors, enforcing strict access controls, and requiring regular security audits. Ongoing employee training is also essential – not just for non-IT staff, but also for IT teams, who are frequently targeted by social engineering tactics'. And as he puts it, 'In a landscape where cybercriminals exploit every weak link, resilience must extend beyond the organization itself to encompass the entire supply chain and all vendors'. This story was originally featured on
