- Intuitive Machines has won multiple NASA contracts, including a $4.8 billion near space communication network, solidifying its competitive advantage in lunar missions and communications.
- The company’s balance sheet has improved significantly, with debt reduced to zero and a record cash balance of $107 million.
- LUNR’s upcoming missions IM-2, IM-3, and IM-4 are contracted and selling out, indicating strong demand and future revenue potential.
- Despite recent share price gains, I see a 150% upside potential and will buy more shares on any dips.
I wrote about Intuitive Machines (NASDAQ:LUNR) in April this year, giving them a strong buy rating. LUNR shares are up almost 200% since that article, and I think the shares have another 150% to go. I look at small to mid-cap companies with disruptive technology. I provide competitive analysis of companies and often research the founders and their previous endeavors. I follow, investigate and report on companies that I believe have growth potential and highlight some of the ones best avoided. I invest with a two-year time frame but often keep investments for far longer.I am the third generation of investors in my family, my grandfather lost money in the 1929 stock market crash, and the oil crises of the 1970s almost wiped out my Father. I traded through the dot com bubble and the credit crisis. The family has learned the hard way to choose winners, avoid losers, cut losses early, and let winners run. I have an MBA and qualifications in accounting and company valuation. I have been a full-time investor and analyst for several years and began my career with the Bank of America in the 1980s. My Father concentrated on computers and banking stocks, and my Grandfather transport and utilities. I still have some of their original holdings. Currently, I am focused on the electrification of everything.
