Intuitive Machines Reports First Quarter 2024 Financial Results; Provides 2024 Revenue Outlook

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Go back to Intuitive Machines Reports First Quarter 2024 Financial Results; Provides 2024 Revenue Outlook

Intuitive Machines Inc. (LUNR) PT Lowered to $11 at Canaccord Genuity

May 14, 2024 4:06 PM EDT

Canaccord Genuity analyst Austin Moeller lowered the price target on Intuitive Machines Inc. (NASDAQ: LUNR) to $11.00 (from $14.00) while maintaining a Buy rating.

The analyst comments "Intuitive Machines reported Q1/24 revenues of $73.1M, which was a 301% y/y increase and beat our estimate... More