Intuitive Machines shares rallied more than 20% last week as investors reassessed the lunar lander developer's long-term growth prospects. The stock, which trades around $16, remains more than 80% below its all-time high of $81.99 reached shortly after its February 2023 SPAC debut. Analysts expect revenue to grow at an 89% compound annual growth rate from $210 million in 2025 to $1.41 billion by 2028, driven by upcoming IM-3 and IM-4 lunar missions and a $1.8 billion backlog. The company's enterprise value of $2.7 billion is less than three times this year's expected sales, which some investors view as attractive compared with SpaceX's valuation.
