Intuitive Machines Stock Surges 53% on $4.8 Bln NASA ContractIntuitive Machines (NASDAQ: NASDAQ:LUNR ) made headlines on Wednesday as its stock soared by 53% in premarket trading, following the announcement of a monumental contract with NASA. This $4.8 billion deal, which stretches over 10 years, is set to solidify Intuitive Machines’ role in building lunar communications and navigation infrastructure. The contract is a significant milestone not only for the company but for NASA's broader mission to establish a permanent human presence on the moon. Let's break down the key elements of this agreement and how it impacts Intuitive Machines both fundamentally and technically.
NASA Contract and Growth Prospects
At the heart of the surge is a new contract with NASA to develop and deploy a satellite constellation that will enable continuous communications between Earth and the moon. The contract includes a base value of $150 million but has the potential to reach up to $4.82 billion if all task orders and extension options are fulfilled. This infrastructure will be crucial for NASA’s ambitious Artemis program, which aims to land humans on the moon's south pole by the end of this decade. Intuitive Machines is also expected to benefit from this network beyond NASA, with private companies increasingly relying on robust lunar communications for future missions.
This contract represents a major win for Intuitive Machines, validating its business model and securing future revenue. Intuitive has steadily increased its revenue from NASA’s contracts, such as the Commercial Lunar Payload Services (CLPS) program. The company's revenue reached $41.4 million in Q2 2024, marking a 130% year-over-year growth. This growth trajectory positions Intuitive Machines as a significant player in the growing space exploration industry.
Additionally, the deal boosts investor confidence in the company's long-term potential. Intuitive Machines went public just last year, and this contract cements its ability to secure lucrative government contracts that will drive its revenue growth. The success of the lunar relay satellite constellation could also pave the way for Intuitive to expand its services, including the deployment of lunar rovers and autonomous systems on the moon.
Technical Analysis: Breakout or Overbought?
From a technical perspective, NASDAQ:LUNR stock's price movement on Wednesday was nothing short of spectacular. The stock rose 53% in premarket trading, pushing its price to $8.21. This massive surge is a clear reaction to the NASA contract announcement, as investors rushed to capitalize on the positive news.
Before the announcement, NASDAQ:LUNR had been hovering at a relatively low point, with Tuesday's close marking a 5.5% drop. However, Wednesday’s surge wiped out recent losses and pushed the stock into a breakout pattern. As of the time of writing, the stock's RSI (Relative Strength Index) sits at 55.22, indicating that the stock is approaching overbought territory, but not quite there yet. This could signal a continuation of the upward momentum, especially if investor sentiment remains positive.
However, caution is warranted. While the stock’s current performance is bullish, it’s important to consider that such large surges can sometimes result in a near-term pullback, especially after a rapid spike in premarket trading. The possibility of a gap-down pattern in the next trading session is real, given the lack of prior trading activity ahead of the surge. Investors will be watching closely for signs of a "cooling off" period, which is typically characterized by profit-taking and a slight decline in price.
The overall outlook for NASDAQ:LUNR hinges not only on the contract news but also on broader market factors. For example, the upcoming Federal Reserve speech by Chairman Jerome Powell could influence broader market sentiment, potentially affecting Intuitive Machines' stock. If Powell signals a more hawkish stance on interest rates, high-growth stocks like Intuitive Machines could experience volatility, especially as investors weigh the prospects of future monetary tightening against growth.
Looking Ahead: Risks and Opportunities
While the NASA contract is a massive boost for Intuitive Machines, there are several factors to consider moving forward. The $4.82 billion figure represents the maximum value of the contract, and it’s not guaranteed that Intuitive will secure the full amount. The task orders and extension options will depend on the successful execution of its satellite constellation and navigation services.
Moreover, the space exploration industry remains highly competitive. Intuitive Machines will need to continue innovating to stay ahead of competitors and secure additional contracts. Companies like SpaceX and Blue Origin are also heavily involved in NASA's lunar programs, which means that Intuitive Machines will need to maintain its momentum to remain a critical partner for NASA.
In terms of opportunities, Intuitive Machines’ continued collaboration with NASA opens doors for further commercial ventures. As space exploration becomes more privatized, with companies eyeing lunar mining and permanent bases on the moon, the need for reliable communications and navigation infrastructure will only increase. This contract could serve as a springboard for Intuitive Machines to position itself as a key player in future lunar and space missions.
Conclusion
In conclusion, the $4.8 billion NASA contract marks a turning point for Intuitive Machines, both fundamentally and technically. The stock’s surge reflects investor optimism about the company’s future growth prospects and ability to capitalize on new opportunities in the space industry. While there are risks of a pullback after such a rapid rise, the long-term outlook for Intuitive Machines remains promising, especially as it becomes an increasingly integral part of NASA’s lunar mission.
As investors digest the implications of this contract, the coming weeks will be crucial for $LUNR. With NASA's backing and strong growth potential, Intuitive Machines looks set to navigate the challenges of the space industry and deliver value for its shareholders.
Intuitive
Intuit Inc. ($INTU) Announced its Fiscal 2025 Revenue ForecastIntuit Inc. (NASDAQ: NASDAQ:INTU ), the financial software powerhouse behind popular products like TurboTax, QuickBooks, and Credit Karma, is betting big on artificial intelligence (AI) to drive its future growth. The company recently announced its fiscal 2025 revenue forecast, projecting earnings slightly above Wall Street expectations, buoyed by increased demand for its AI-powered financial management tools. This optimistic outlook comes despite a rocky start to the year, highlighted by significant workforce restructuring and fluctuating investor confidence.
AI-Powered Growth Amidst Market Challenges
Intuit’s forecast of $18.16 billion to $18.35 billion in revenue for fiscal 2025 suggests confidence in its AI-driven offerings. These tools, which include personalized financial recommendations and task automation, have seen growing adoption among consumers and businesses alike. The company’s CEO, Sasan Goodarzi, highlighted this momentum, particularly in products like QuickBooks Online and QuickBooks Advanced, which have been central to their growth strategy.
However, not all news has been rosy. Despite an initial surge in after-hours trading following the announcement, Intuit's stock took a sharp turn, closing down 0.78% on Thursday. Investors were spooked by a lower-than-expected first-quarter revenue growth forecast, which the company attributed to its transition of QuickBooks desktop products to a recurring subscription model. This change is expected to dampen first-quarter revenue by approximately $160 million.
Strategic Restructuring and Workforce Changes
Intuit’s push towards AI innovation has not come without costs. In July, the company announced a 10% reduction in its workforce, translating to roughly 1,800 employees. This move was part of a broader restructuring effort aimed at streamlining operations and refocusing resources on high-growth areas, particularly AI.
Interestingly, even as it trimmed its workforce, Intuit has been on a hiring spree, adding nearly 1,000 new employees focused on AI. This dual approach underscores the company’s commitment to staying at the forefront of technological innovation while maintaining operational efficiency.
Strong Financial Performance Despite Market Volatility
Despite the recent market volatility, Intuit’s financial performance has remained strong. For the fourth quarter of 2024, the company reported revenue of $3.18 billion, beating analysts’ estimates. Excluding certain items, Intuit earned $1.99 per share, surpassing the expected $1.84 per share. For the full fiscal year, Intuit’s revenue grew by 13% to $16.3 billion, with the Small Business and Self-Employed Group leading the charge with a 19% increase in revenue.
The company also announced a new $3 billion share repurchase authorization, signaling confidence in its long-term growth prospects. This buyback, coupled with the company’s strong cash flow, provides a solid foundation for future growth, even as it navigates the challenges posed by its ongoing transformation.
Technical Outlook
Intuit (NASDAQ: NASDAQ:INTU ) stock has experienced a decline of 0.80% in Friday's premarket trading. However, there is a glimmer of hope suggested by the Relative Strength Index (RSI) currently at 60, indicating a potential favorable trend reversal despite the aforementioned decrease in Friday's market trading.
Looking Ahead: Navigating a Complex Future
As Intuit (NASDAQ: NASDAQ:INTU ) continues to innovate and expand its AI-driven offerings, the company faces a complex future. The transition to a subscription-based model for QuickBooks and the broader adoption of AI tools will be critical to sustaining its growth. While short-term challenges, such as the anticipated dip in first-quarter revenue, may cause fluctuations in its stock price, Intuit’s long-term outlook remains promising.
With its strong financial foundation, strategic focus on AI, and ongoing efforts to optimize its operations, Intuit is well-positioned to capitalize on the growing demand for digital financial management tools. Investors and market watchers will be closely monitoring how the company navigates the evolving landscape, balancing short-term pressures with its long-term vision.
In conclusion, Intuit’s fiscal 2025 forecast reflects both the opportunities and challenges ahead. As the company doubles down on AI and adapts to market demands, it will need to maintain its focus on innovation and operational efficiency to achieve sustained growth and deliver value to its shareholders.
1:5!King W. Harbmayg’s
Journal Entry #39
“Direction” via 1H
A. Is price above the 800 EMA?
—yes!
“Structure” via 15M
A. Did price respect the low of yesterday’s market just prior to session open?
—yes!
B. Did the market invert from selling to buying pressure?
—yes!
Conditions are met!
Place the buy position when most optimal!
STRA watch for DUMP near term & down 50%+ this yearThis stock is unknown to me, but I got it in meditation and just feel like warning people (even though it's not traded much). And, maybe I'm wrong, but technically it looks like down regardless. In addition, there is a tight daily squeeze which could really bring the juice.
Specifically, I got the letters STR, and after a moment I got the A with the word "avalanche".
It's crazy, but then I used my dowsing and asked why this came and, basically, it came because it's going to dump pretty hard. This may happen on Thursday, or more likely this Friday.
I have the suggestion it can go to $48 this year.
Peace
ShtSqz expected SPY Bullish, UVXYbearishI do intuitive work and primarily dowsing. I'm getting this is a swing low in indexes and that the S&P will rally about 7.43% from yesterday's low. To try to confirm this, I actually did a reading on UVXY and it is the complete opposite with a move down over 10% expected. We'll see! Buckle up!
TSLA sell rally off earningsBased on my dowsing method and intuitive guidance, I am getting a pretty clear picture that TSLA will spike up right after the announcement, and it should be faded. I would expect it will begin a move down to below $500. It may be a rather choppy move down. I did ask what month and received September.
SO, fun stuff and good luck if you're trading it!
AAPL no lasting move upI do expect AAPL to head north after earnings, but the energy is really mixed. So, based on my dowsing and intuitive methods, I suspect it goes up to around $159. It may be like a 4 day move to a high, but whatever the case, I have a shift in the daily trend. As in, down and break today's lod.
Of course, I could just be dead wrong. That's always "out there"!
Good luck peeps!
HSSHF UptrendI was led to this stock in meditation yesterday (Sun.) and it appears it is crypto related. Specifically, in meditation I could only "see" HSS and I looked up what tickers it could be, and seemed like this was the one.
I get that it may have a short term retracement here (was up 24% today!), and you buy the dip to hold for at least a 6-12 month investment with a target around $5.47.
There also could be something about the date Aug 9th as a low? Anyway, we'll see!
GE Short, and buy the dipI got GE in meditation yesterday. I think I've gotten it before long ago. Anyway, turns out they have earnings tomorrow morning.
My dowsing and intuitive methods suggest price action as up and then choppy to down for potentially a week. I "heard" to $11 and my dowsing gives $10.75ish. It's pushing 12.95 into the close.
"Panda Bear" coming out to playThis is straight from my meditation. I was trying to ask about the market and getting distracted, but as soon as I came back to quiet, I received, "panda bear". I thought maybe it's a company or mascot until I actually googled it.
This is in alignment with a LITERAL bear that visited a cabin we were at last week (never seen that before), and then my trading friend suggested it could be a sign of a bear market. I asked for a sign giving confirmation indexes might go down soon, and was amazed I received it within an hour.
A new virus out of China may be the catalyst and I'm sure governments would like nothing more than to keep people in fear. Please don't pander to them!
My dowsing suggests a longer term downtrend. I'll update with a target.
US indexes may pop today, but I'll do a separate post if I do some work on them, specifically SPY or /ES.
EPM Earnings expect new lowsThis is based on my dowsing method, which indicates a pop maybe 5.2%+/- and reversal down 10.6%
This is for journaling purposes to see how these calls work out.
I don't know this stock and never looked at it before, nor did I look at the chart prior to asking for what to expect. I just get what I get and record it.
Earnings DDOG Pop and DropThis is short term earnings expectation. The note on the chart is my intuition/guidance. Definitely some reversal energy in here because my dowsing suggests a reversal, however it could be up on the day 8%.
So I'm wondering if it's up over 8% tomorrow and then reverses. This is based on intuition and dowsing.
IRBT Shorts "Sweep" in the Cards?IRBT - I'm expecting a move up. What I like:
- Half-assed inverse head and shoulders on a daily
- Start of an uptrend (albeit disorganized and choppy)
- Relative strength with the indexes down over 1%
- Holding closest symmetry support at $50.20
- Cluster of symmetry support from $47-48.33 with the uptrend line
-786 fib retracement at $49.31
- Big ass gap above
Beyond the technicals, my intuitive/dowsing approach is hinting at a short squeeze and move higher; and with 50% of the shares shorted (as I understand it), that could be F-U-N!
RS BUY $97-98 & Can short to thereI have a special place in my heart for this stock as it's the first that came to me when I finally got quiet and asked the Universe/God/Source for ideas. I never heard of RS, and I'll save the details, but I literally received the number 95, and that week it rallied from 91 and hit 94.97 and reversed. I was astounded.
So this Sunday I got RS and 97. I wrote it down but thought it was ridiculous because it's SO much lower! I'm not doing any analysis on the chart. I don't need to.
Anyway, every time I look at the stock today, it's down another 2%. Atm it's finally bouncing a small amount after hitting 106.21 & down 10%.
I decided to write this up because it was at 107 and it triggered my brain upon seeing the 7 that it's only $10 now from my level.
IF history repeats, this thing will be a buy anywhere around $97. Even if it's $97.99. This just happened with LUV and the #51, which it hit 51.85 and ripped.
And there's still enough meat on the bone to short to there if you like.