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Intuitive Machines (LUNR) Stock Is Surging: What's Driving The Action?

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Intuitive Machines LUNR Stock Is Surging: What's Driving The Action?

Shares of Intuitive Machines Inc (NASDAQ:LUNR) are soaring higher Wednesday morning, continuing a 33% monthly rally and bucking bearish analyst sentiment.

The surge comes despite a recent price target cut from BofA Securities, which lowered its outlook from $16 to $10.50 while maintaining an Underperform rating.

What To Know: Wednesday’s rally appears fueled by investor optimism following a Tuesday report from ProPublica. The report detailed a draft executive order from the Trump administration aimed at slashing environmental review regulations for commercial rocket launches.

For a company like Intuitive Machines, which depends on launch providers to carry its lunar landers to space, such a policy shift could be a significant tailwind. A streamlined regulatory process could lead to a higher cadence of launches at potentially lower costs, directly benefiting LUNR’s business model and mission timelines.

While industry advocates praised the potential for faster operations, the ProPublica report also highlighted concerns from critics about risks to public safety and the environment.

Investors on Wednesday otherwise appear to be focusing on the upside, betting that a more favorable regulatory environment could outweigh recent concerns and unlock significant value for companies across the commercial space ecosystem.

Benzinga Edge Rankings: Based on proprietary data from Benzinga Edge, which ranks stocks on four critical factors, Intuitive Machines presents a profile attractive to momentum-focused traders.

The stock earns an exceptionally high Momentum score of 92.15, indicating its recent price action is significantly stronger than its peers. However, the stock scores very low on Value at 24.81, suggesting it may be overvalued based on underlying financial metrics.

Ratings for Growth and Quality were not available, which can be common for companies in nascent, high-speculation industries.

Price Action: According to data from Benzinga Pro, LUNR shares are trading 13.7% to $12.83 Wednesday morning. The stock has a 52-week high of $24.95 and a 52-week low of $3.15.

Read Also: Joby Aviation Stock Goes Vertical As Secret, Massive Drone Achieves 9-Hour Flight

How To Buy LUNR Stock

By now you're likely curious about how to participate in the market for Intuitive Machines – be it to purchase shares, or even attempt to bet against the company.

Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.

In the case of Intuitive Machines, which is trading at $12.94 as of publishing time, $100 would buy you 7.73 shares of stock.

If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.

Image: Shutterstock

 

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