Intuitive Machines (LUNR)
Builds lunar landers, satellites, and communications networks from Earth orbit to deep space.
Something off on this page? Send us feedback.
Builds lunar landers, multi-orbit spacecraft, communications networks, ground stations, and navigation and mission services for civil, commercial, and national-security customers. Near-term revenue is led by milestone-based spacecraft programs, with NASA and other U.S. government contracts central to the business.
Builds spacecraft and space infrastructure across Earth orbit, cislunar space, and deep space. Lanteris platforms cover commercial, civil, and national-security satellites; Nova-C landers deliver NASA CLPS payloads; KinetX supplies deep-space navigation; and OMES III provides NASA engineering services.
Connects and operates those assets through Near Space Network communications, lunar data relay, mission operations, and newly acquired Goonhilly and COMSAT ground stations. Its build-connect-operate model combines manufacturing with longer-duration data, navigation, and hosted-payload services.
Most near-term revenue comes from milestone-based build contracts, while NASA and other U.S. government programs remain central customers. Performance depends on winning regulated government work, integrating recent acquisitions, reliable mission execution, qualified suppliers, and a single launch provider for lunar missions.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 18, 2026 | Canaccord Genuity | Target | Target: $41 | Target: $39 |
| Aug 14, 2026 | Cantor Fitzgerald | Reiterate | Rating: —Target: $43 | Target: $32 |
| Aug 13, 2026 | Stifel Nicolaus | Target | Target: $32 | Target: $26 |
| Aug 13, 2026 | Roth Capital | Target | Target: $75 | Target: $30 |
| May 27, 2026 | Roth Capital | Target | Target: $50 | Target: $75 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $367.4M · Total debt $429.8M · Total assets $1.89B · Shareholders' equity −$283.7M
- Revenue
- $206.2M
- Operating income
- −$47.1M
- Net income
- −$46.4M
No dividends on record.
| Institutions | 62.70% | 143.54M shares | |
|---|---|---|---|
| 367 holders · as of Jun 30, 2026 | |||
| Insiders | 23.02% | 52.69M shares | |
| 10 holders · as of Aug 28, 2026 | |||
| Strategic holders | 3.78% | 8.66M shares | |
| 1 holder · as of May 5, 2026 | |||
| Other | 10.50% | 24.03M shares | |
| remainder | |||
228.92M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (228.92M in the company's Sep 22, 2026 report, 159.37M elsewhere); stakes use the report.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Kamal Seyed Ghaffarian1Insiderdirector, 10 percent owner | 16.79% | 7.24M A · 34.12M C · 34.12M | filed Jul 7, 2026 |
Advent International, L.P.Institution | 10.04% | 22.99M A | as of Jun 30, 2026 |
Stephen J. Altemus2,3Insiderdirector, officer: Chief Executive Officer | 5.60% | 12.84M A | filed Apr 16, 2026 |
BlackRock, Inc.Institution | 5.34% | 12.24M A | as of Jun 30, 2026 |
State Street CorpInstitution | 4.35% | 9.96M A | as of Jun 30, 2026 |
- The filed share classes (A, C, COMMON) could not be matched to the company's, so no percentage.
- Stephen J. Altemus's transaction reports restate only vehicles that traded; the 2026 ownership statement (12.84M) less the 13.8K net shares sold since is used instead.
- Stephen J. Altemus reports a block also reported by BlackRock, Inc.; it is counted once, under BlackRock, Inc.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 9, 2026 | Kamal Seyed Ghaffarian | director, 10 percent owner: | −1,698 | $16.00 |
| Sep 8, 2026 | Kamal Seyed Ghaffarian | director, 10 percent owner: | −94,606 | $15.40 |
| Aug 27, 2026 | Steven Vontur | officer: See Remarks | −3,050 | $16.13 |
| Aug 24, 2026 | Kamal Seyed Ghaffarian | director, 10 percent owner: | −141,909 | $16.87 |
| Aug 10, 2026 | Kamal Seyed Ghaffarian | director, 10 percent owner: | −267,448 | $16.17 |
- Lockheed Martin
Large-prime overlap in lunar, civil, and national-security space
- Northrop Grumman
Defense-space prime across satellites, payloads, and Gateway
- Rocket Lab
Space systems and launch peer for lunar and deep-space missions
- Boeing
Civil-space prime for SLS, Starliner, satellites, and NASA work
- MDA Space
Satellite systems and space robotics for civil infrastructure
- Redwire
Space infrastructure peer in lunar systems, robotics, and deployables
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Intuitive Machines | $16.09 | +2.35% | $2.51B | — | — | 5.1 | +309.8% |
| Lockheed Martin | $521.51 | −2.60% | $123.57B | 19.7 | 16.6 | 1.6 | +10.5% |
| Northrop Grumman | $509.47 | −3.26% | $74.82B | 16.7 | 17.4 | 1.7 | +5.1% |
| Rocket Lab | $72.12 | +3.19% | $40.46B | — | — | 52.6 | +62.0% |
| Boeing | $198.07 | −1.53% | $158.98B | 87.1 | 150.0 | 1.7 | +8.0% |
| MDA Space | $31.28 | −1.60% | $5.15B | 55.8 | 30.4 | 3.8 | +28.0% |
| Redwire | $11.78 | +1.55% | $2.77B | — | — | 6.5 | +89.6% |
| Median | 37.8 | 23.9 | 2.8 | +19.3% |