Intuitive Machines stock rises 25% on profit outlook

seekingalpha.com

Intuitive Machines' stock is up by 25% after the company reported its fourth-quarter and full-year results. This surge comes after the stock experienced a significant drop of 73% from its previous highs. Even with the recent gains, the stock is still 64.4% lower than its peak value. The recent recovery of 37.2% has sparked optimism among investors. Analysts are supportive of the company’s outlook, suggesting that there could be more growth ahead. Dhierin-Perkash Bechai, an aerospace and defense analyst, has emphasized the potential of Intuitive Machines. Investors are being urged to consider a long position in the stock, along with other defense and aerospace shares. However, potential investors are reminded that past performance does not guarantee future results. No specific investment advice is being given, and views expressed in the analysis may differ from those of the broader investment community.


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