In a report released on May 22, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Intuitive Machines. The company’s shares closed last Friday at $38.26.Meet Samuel – Your Personal Investing ProphetStart a conversation with TipRanks’ trusted, data-backed investment intelligence
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According to TipRanks, Van Rhee is a 5-star analyst with an average return of 29.6% and a 50.72% success rate. Van Rhee covers the Technology sector, focusing on stocks such as Frequency Electronics, Cellebrite DI, and Fastly.
In addition to Craig-Hallum, Intuitive Machines also received a Buy from Deutsche Bank ‘s Edison Yu in a report issued on May 20. However, on May 15, Stifel Nicolaus maintained a Hold rating on Intuitive Machines (NASDAQ: LUNR).
Based on Intuitive Machines’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $186.73 million and a GAAP net loss of $37.55 million. In comparison, last year the company earned a revenue of $62.52 million and had a GAAP net loss of $11.4 million
