Intuitive Machines (NASDAQ:LUNR) Shares Down 4.1% – Here’s Why

29 May 2026, 17:36 by Teresa Graham · The Cerbat Gem

Intuitive Machines, Inc. (NASDAQ:LUNR – Get Free Report) shares traded down 4.1% during mid-day trading on Friday . The company traded as low as $38.77 and last traded at $43.83. 19,677,756 shares traded hands during trading, an increase of 45% from the average session volume of 13,557,730 shares. The stock had previously closed at $45.70.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Roth Mkm raised their price objective on Intuitive Machines from $25.00 to $35.00 and gave the stock a “buy” rating in a research report on Friday, April 17th. B. Riley Financial raised their price objective on Intuitive Machines to $45.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Wall Street Zen upgraded Intuitive Machines from a “strong sell” rating to a “sell” rating in a research report on Sunday, May 24th. Cantor Fitzgerald raised their price objective on Intuitive Machines from $26.00 to $43.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 19th. Finally, Stifel Nicolaus set a $32.00 target price on Intuitive Machines in a report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $31.50.

Get Our Latest Stock Analysis on LUNR

Intuitive Machines Stock Down 4.1%

The company has a market cap of $9.51 billion, a PE ratio of -49.81 and a beta of 1.47. The company has a 50-day moving average of $26.81 and a 200-day moving average of $19.50.

Intuitive Machines (NASDAQ:LUNR – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.18). The company had revenue of $186.73 million during the quarter, compared to the consensus estimate of $202.95 million. As a group, equities analysts predict that Intuitive Machines, Inc. will post -0.44 EPS for the current year.

Insider Buying and Selling

In related news, SVP Timothy Price Crain II sold 150,000 shares of Intuitive Machines stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $17.55, for a total transaction of $2,632,500.00. Following the sale, the senior vice president directly owned 359,726 shares in the company, valued at approximately $6,313,191.30. This trade represents a 29.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Stephen J. Altemus sold 13,751 shares of Intuitive Machines stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $23.61, for a total value of $324,661.11. Following the sale, the chief executive officer owned 1,162,495 shares in the company, valued at $27,446,506.95. This trade represents a 1.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 1,048,206 shares of company stock worth $24,782,839 in the last ninety days. Corporate insiders own 54.10% of the company’s stock.

Institutional Trading of Intuitive Machines

A number of hedge funds have recently bought and sold shares of LUNR. Trustees of the University of Pennsylvania bought a new stake in Intuitive Machines during the fourth quarter worth $52,689,000. First Trust Advisors LP lifted its holdings in Intuitive Machines by 3,582.9% during the third quarter. First Trust Advisors LP now owns 2,453,301 shares of the company’s stock worth $25,809,000 after acquiring an additional 2,386,688 shares during the period. Renaissance Technologies LLC bought a new stake in Intuitive Machines during the first quarter worth $35,895,000. Jump Financial LLC lifted its holdings in Intuitive Machines by 5,262.9% during the third quarter. Jump Financial LLC now owns 1,339,872 shares of the company’s stock worth $14,095,000 after acquiring an additional 1,314,888 shares during the period. Finally, Bank of America Corp DE lifted its holdings in Intuitive Machines by 188.9% during the first quarter. Bank of America Corp DE now owns 1,882,973 shares of the company’s stock worth $34,948,000 after acquiring an additional 1,231,188 shares during the period. 72.21% of the stock is currently owned by institutional investors.

Intuitive Machines Company Profile

(Get Free Report)

Intuitive Machines is a Houston, Texas–based aerospace company specializing in commercial lunar exploration and services. The firm develops end-to-end solutions for robotic missions to the Moon, providing spacecraft design, mission management, navigation, communications, and data services under NASA’s Commercial Lunar Payload Services (CLPS) program.