Intuitive Machines (LUNR) Stock Soars 90% YTD on NASA Contracts and Artemis II Success
The post Intuitive Machines (LUNR) Stock Soars 90% YTD on NASA Contracts and Artemis II Success appeared on BitcoinEthereumNews.com.
Key Takeaways Shares of LUNR jumped approximately 16% on March 25 following a fresh NASA CLPS contract announcement, then climbed another ~17% on April 2 coinciding with the Artemis II mission. Year-to-date gains exceed 90%, with the stock up roughly 270% from its $6.14 52-week low. Acquiring Lanteris for $800 million expanded the company’s backlog to $943 million and positions it for positive adjusted EBITDA by 2026. An anticipated NASA Lunar Terrain Vehicle (LTV) award valued at $600M–$800M could elevate total backlog beyond $1.5 billion. Approximately 30% of the float is sold short, creating potential for volatile price swings driven by sentiment shifts. Intuitive Machines has experienced an extraordinary rally over recent weeks. The Houston-headquartered aerospace firm witnessed shares climb approximately 16% on March 25 after securing another contract under NASA’s Commercial Lunar Payload Services initiative. Days later on April 2, LUNR shares gained roughly 17% more as the market responded to the Artemis II launch — marking humanity’s first crewed lunar mission in more than five decades. The company contributed tracking capabilities during the historic flight. Intuitive Machines, Inc., LUNR As of April 7, shares were changing hands near $22.56, within striking distance of the $24.30 52-week peak. This represents a dramatic recovery from the $6.14 trough reached twelve months earlier — translating to gains exceeding 270% from the low point and more than 90% since January. The enterprise employs just 525 people and was established in 2013. It remains unprofitable, reflected in a negative price-to-earnings ratio of -31.59. Nevertheless, market participants have been reassessing the fundamental nature of Intuitive Machines as a business. Lanteris Acquisition Reshapes Business Model Much of this revaluation stems from January’s closure of the $800 million Lanteris Space Systems acquisition. The transaction marked a strategic pivot for an enterprise previously reliant almost exclusively on…
Filed under: News - @ April 8, 2026 10:24 am