Intuitive Machines slips after Q2 revenue miss, wider-than-expected loss
13/08/2026 13:35
BUZZ-Intuitive Machines slips after Q2 revenue miss, wider-than-expected loss ** Space technology firm Intuitive Machines LUNR.O shares fall 9.4% to $15.35 in premarket trading
** LUNR posts Q2 revenue of $206.17 mln, missing estimates of $216.33 mln - LSEG-compiled data
** Also reports wider-than-expected quarterly net loss of $62.84 mln vs estimates of $13.19 mln
** Co sees full-year 2026 revenue of $900 mln to $1 bln
** Nine out of 11 brokerages rate the stock "buy" or higher; their median PT is $43 - LSEG-compiled data
** Shares of other space firms were also down: Planet Labs PL.N 1.5% and Satellogic SATL.O 2%; Virgin Galactic SPCE.N down 10% after Q2 results
** Up to last day's close, the stock is up 4.4% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)