In a report released today, Jeff Van Rhee from Craig-Hallum maintained a Buy rating on Intuitive Machines. The company’s shares closed yesterday at $10.61.
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Van Rhee covers the Technology sector, focusing on stocks such as Rimini Street, Upland Software, and Cellebrite DI. According to TipRanks, Van Rhee has an average return of 14.8% and a 53.03% success rate on recommended stocks.
Currently, the analyst consensus on Intuitive Machines is a Moderate Buy with an average price target of $14.13.
Based on Intuitive Machines’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $50.31 million and a GAAP net loss of $25.18 million. In comparison, last year the company earned a revenue of $41.41 million and had a net profit of $18.28 million
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