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Barchart
Barchart
Ruchi Gupta

1 Breakout Growth Stock With 94% Upside Potential

Intuitive Machines Inc. (LUNR) is a space company involved in exploration, infrastructure, and services. They focus on providing space products and services aiming to support sustained robotic and human exploration expeditions to the moon, Mars, and beyond. LUNR operates through four main business segments: Lunar Access Services; Orbital Services; Lunar Data Services; and Space Products and Infrastructure.

Incorporated in 2023, the company is known for its robust lunar program, situated in the “Space City” of Houston, Texas. Valued at $635.6 million by market cap, this Russell 2000 Index (RUT) stock has had a breakthrough year, gaining 97.3% in 2024 - but LUNR is now trading roughly 62% below its February high, set around the time of its landmark moon mission.

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