Intuitive Machines (NASDAQ: LUNR) stock saw big gains in Wednesday's trading. The company's share price closed out the day's trading up 14.5% and had been up as much as 18.1% earlier in the session.
Intuitive Machines stock saw a rebound today as new information about its failed lunar landing mission emerged. Despite today's big valuation gain, the company's share price is still down roughly 59% over the last month.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
Investors got some fresh news about Intuitive Machines' lunar mission last week. The company's Athena lunar lander touched down on the moon outside of its intended landing area and got stock in a crater. As a result of its positioning, the company was not able to launch robotics systems attached to its lunar lander -- and positioning meant that attached solar panels did not have the necessary solar exposure to recharge onboard batteries. While the overall mission was a disappointment, new data suggests that some of the core technologies involved did function properly in space.
Intuitive Machines stock has seen some dramatic valuation swings over the last year. The company's share price is still up roughly 24.5% over the last 12 months, but it's also down 68% from its high across the stretch.
As highlighted by recent complications surrounding the company's latest lunar mission, Intuitive Machines' performance outlook is highly speculative -- and the stock comes with a high level of risk. On the other hand, the business has a pioneering position in its corner of the space industry. The failed lunar landing represents a significant setback for the business, but that doesn't necessarily mean that Intuitive Machines won't be able to rack up wins over the long term.
Before you buy stock in Intuitive Machines, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Intuitive Machines wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $666,539!*
Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
See the 10 stocks »
*Stock Advisor returns as of March 10, 2025
Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.